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UID:195@pcienergysolutions.com
DTSTART;TZID=America/Chicago:20260317T110000
DTEND;TZID=America/Chicago:20260317T120000
DTSTAMP:20260421T210103Z
URL:https://www.pcienergysolutions.com/events/etrm-fundamentals-series-mid
 dle-office-credit-market-risk/
SUMMARY:Webinar: ETRM Fundamentals Series: Middle Office Credit & Market Ri
 sk
DESCRIPTION:Market risk in energy trading is a function of trade structure\
 , model assumptions\, and market regime dynamics. It extends beyond direct
 ional price exposure to include volatility risk\, correlation breakdowns\,
  and embedded optionality. \n\nA portfolio may appear hedged under normal
  conditions and still carry meaningful tail risk. Understanding how that r
 isk flows\, from trade structure to valuation\, to sensitivities\, to dis
 tributional outcomes is essential for effective oversight. \n\nIn this s
 ession\, we will walk through the mechanics of market risk within an ETRM 
 framework. We will connect MTM valuation to Greeks\, Value at Risk\, and 
 stress testing\, using a practical power market example to illustrate how 
 volatility and correlation regimes can materially reshape outcomes.\n\nWe 
 will also extend the discussion into credit risk as the direct consequence
  of market-driven MTM volatility. Exposure is not defined by counterparty
 's name alone\; it is defined by legal agreements\, netting sets\, collat
 eral thresholds\, and settlement mechanics. Accurate credit measurement re
 quires the ability to represent and track exposure at the proper level\,
  distinguish secured from unsecured amounts\, and combine forward exposure
  with realized exposure (AR/AP and settlement positions). \n\nThis talk
  is intended for practitioners who want a disciplined\, model-aware view 
 of market risk and how it integrates with agreement-level credit exposure
  in energy portfolios. \n\n Registrations are manually reviewed and appro
 ved\, and your confirmation email typically arrives within one business da
 y. Registration ends at 10:55 a.m. CT. March 17.\n\nHere’s what you’
 ll learn:  \n\n 	What market risk truly means in energy trading \n 	Wh
 y MTM consistency is foundational to risk control \n 	How VaR works an
 d why stress testing is critical for tail risk \n 	How exposure is tracke
 d and why we look at it by agreement. \n 	How collaterals work and how th
 ey act as part of exposure controls. \n\nWho will benefit from this we
 binar:  \n\n 	Middle Office and Risk professionals \n 	Traders and port
 folio managers \n 	Quantitative analysts\n 	Energy trading leadership \n
  	ETRM users and system stakeholders \n\nAbout the presenters:  \n\nFer
 nando Arriaga is an experienced energy commodities quant with a Ph.D. in m
 athematics from the Institute for Research in Applied Mathematics and Syst
 ems. Specializing in probability\, statistics\, and data science\, Fernand
 o combines deep analytical expertise with a practical approach to solving 
 complex challenges in the energy sector. His work is driven by a passion f
 or applying rigorous statistical methods to enhance decision-making and op
 erational efficiency in energy trading. \n\nMarc Siemer is the Enterprise
  Solutions director at PCI Energy Solutions. Since joining PCI in 2020 as 
 the Enterprise Solutions senior manager\, Marc has been instrumental in dr
 iving innovation and enhancing the company’s risk management solutions. 
 With over two decades of experience in business administration and managem
 ent\, Marc brings a wealth of knowledge and expertise to his role. Marc ho
 lds an MBA in business from Thomas More University and a bachelor of arts 
 in business administration and management from Eastern Kentucky University
 . His extensive background in enterprise solutions and risk management has
  positioned him as a leader in the industry\, committed to delivering valu
 e and strategic insights to PCI's clients. 
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CATEGORIES:Webinars
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