Does anyone have thoughts on the ERP (Energy Risk Professional) designation?
I'm in my second year of scheduling NGL y grade and some purity products. I am pretty happy where things are going, and hope to get into a marketing/trading job soon. I made a post on WSO earlier!
I was wondering about doing the ERP designation, offered by GARP - same folks who offer the FRM.
I figured it would make sense for me because it would give me a lot of knowledge on the pricing and risk side of commodity markets. With my gig, I have a pretty respectable understanding of operations now. Combining these two things would definitely make me more viable for a Jr. trading post than scheduling alone. Additionally, it covers utilities, renewables, coal, etc - all giving me breadth against my super niche job.
I don't think it is some type of magical career potion - rather, it would signal intent to learning, and also make me a bit more knowledgeable in discussions on the floor.
However, this designation seems fairly new, and unknown. There is only a few traders or risk people I know who have it. As well, there are costs (not sure if my company will pay yet), significant time commitments, and the risk of failure.
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