Full-Time

Manager – Power Trading Analytics

Confirmed live in the last 24 hours

Clearway Energy

Clearway Energy

51-200 employees

Renewable and natural gas energy generation

Energy

Senior, Expert

Scottsdale, AZ, USA

Required Skills
Python
R
Data Structures & Algorithms
SQL
Data Analysis
Requirements
  • Masters or Ph.D. in Engineering, Mathematics, Economics, or a related quantitative discipline
  • 5-10 years in increasingly responsible quantitative roles, especially within the energy industry
  • Knowledge of US Electricity markets and power systems with direct experience with at least one ISO market
  • Highly proficient in developing predictive models using mathematical and statistical methods to identify, analyze, and mitigate energy market risks with an understanding of option valuation and Greeks
  • Highly experienced in at least one programming language, preferably Python or R, with a demonstrated track record of developing complex statistical models and ideally implementing them into a production system
  • Ability to build Quant Lib utilizing stochastic calculus and Option Models for deal valuation
  • Strong SQL and data mining skills
  • Ability to construct power fundamental models for pricing, load, generation, flow, and outages using various methodologies
  • Ability to extract, manipulate, and analyze large datasets relevant to the energy market in order to develop complex trading algorithms
  • Exposure to regulatory expectations and industry standards concerning risk management practices including risk management modeling
  • Experience in valuing and transacting transmission hedging products
  • Experience in valuing and transacting Resource Adequacy and Capacity products
  • Strong relationships with credit and professionals, both internally and externally, to ensure adherence to established credit and risk policies
  • Excellent written and verbal communication skills and an ability to communicate complex issues in a clear, concise manner
  • Highly proficient in Microsoft Word, Excel, and PowerPoint
  • Strong business and financial savvy with the ability to support a high-performance organization that will deliver operational excellence and meet or exceed financial targets
  • Ability to perform well under pressure on teams in a demanding environment and occasionally work extended hours to meet project deadlines
  • Ability to think creatively, manage competing priorities, work independently, and pay attention to detail
  • Self-motivated and highly organized
Responsibilities
  • Develop gross margin at risk models for projects with market price exposure
  • Develop portfolio risk limits and maintain portfolio-level risk metrics
  • Review forward market price volatility curves and correlation assumptions
  • Facilitate trading strategy performance benchmarking and establishing risk limits
  • Develop and apply portfolio optimization techniques to drive hedge strategy decisions
  • Collaborate with Market Fundamentals and Transmission Team
  • Support valuation of short-term hedge and PPA amendments
  • Develop REC, Capacity, Resource Adequacy, and transmission hedging trading strategies
  • Develop gas trading strategies
  • Collaborate with senior executives in setting appropriate hedging and risk management strategies
  • Develop insightful market dashboards
  • Participate in Energy Risk Committee discussions
  • Present risk issues that require approval of the Energy Risk Committee
  • Lead creation of management reporting

This leading renewable energy company offers a dynamic working environment with a firm commitment to sustainability and environmental responsibility. Specializing in wind and solar generation as well as environmentally-sound natural gas facilities, it focuses on delivering stable and growing dividend income through its high-quality, contracted assets. Employees enjoy the opportunity to contribute to significant projects that promote energy innovation and environmental stewardship, while benefiting from a stable financial structure that prioritizes sustainable growth.

Company Stage

Private

Total Funding

$1.6B

Headquarters

Princeton, New Jersey

Founded

2018

Growth & Insights
Headcount

6 month growth

0%

1 year growth

-1%

2 year growth

-11%