Full-Time

Risk Analyst

Power Markets

Confirmed live in the last 24 hours

Octopus Energy

Octopus Energy

1,001-5,000 employees

Provides 100% renewable electricity solutions

Data & Analytics
Energy

Mid

Houston, TX, USA

Required Skills
Python
SQL
Data Analysis
Requirements
  • Bachelor’s degree or higher in a quantitative field such as Engineering, Mathematics or Statistics.
  • Significant experience with programming in Python and SQL is essential.
  • Experience working with large and complex codebases.
  • Experience managing and reporting on financial risk.
  • Experience analyzing electricity (primarily ERCOT) or other commodity markets is a plus.
  • Strong analytical skills coupled with an ability to think strategically.
  • Comfortable with some ambiguity
Responsibilities
  • Conduct in-depth analysis of power markets in ERCOT, including supply and demand dynamics, price trends, regulatory changes and technologies.
  • Develop the risk reporting and analytics pipeline for the expanding activities of Octopus Energy US.
  • Report on VaR under a range of outlooks (winter storms, summer heatwaves, etc.).
  • Support the development and enhancement of models and system platforms to support costing and portfolio management activities.
  • Support analysis and risk recommendations to senior stakeholders of risk metrics of structured transactions, including energy options, weather derivatives, and battery asset optimization (both within Octopus Energy US and the wider Octopus Energy group) for approval.
  • Support the utilization and application of statistical and predictive modeling techniques in a collaborative environment to build, maintain, and improve decision support systems.
  • Leverage analytical techniques on large datasets to produce actionable analysis. Constructing and maintaining dashboards for position, P&L, analytics. Continuous development of models to support risk quantification, forward price curve development, and portfolio optimization. Develop scenario analysis and performing portfolio stress tests.

Octopus Energy provides 100% renewable electricity sourced from solar, wind, and water, offering smart tariffs for smart meters, including intelligent electric vehicle charging and off-peak electricity options. The company is dedicated to advancing transformative technologies to drive renewable energy adoption and reduce global dependence on fossil fuels.

Company Stage

Private

Total Funding

$2.5B

Headquarters

, United Kingdom

Founded

2016

Growth & Insights
Headcount

6 month growth

0%

1 year growth

0%

2 year growth

1%