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NextEra Energy

Runs a Florida utility and builds wind and solar farms

Quantitative Finance Analyst

Quantitative ResearchConfirmed live in the last 24 hours
Full-timeJuno Beach, FL, USANo salary listed

About the Job

Requirements

  • A bachelor's degree is required.
  • At least 2 years of experience is required.

Responsibilities

  • Lead the development, implementation, and maintenance of financial, statistical, and commodity-focused models, templates, programs, and processes for the Valuation team.
  • Deliver financial valuation of wholesale power derivatives, including load following, deterministic, and block energy products, often bundled with capacity, renewable energy credits, ancillary services, and other products for residential, commercial, industrial, and municipal customers.
  • Value transactions by evaluating power futures or fundamental commodity estimates and creating forecasts based on historical data analysis, multiple regression, number theory, logic, Monte Carlo simulations, scenario analysis, and proprietary models.
  • Execute regional forecasting assignments for energy, volatility, capacity, renewable energy credits, and ancillary services.
  • Research laws, regulations, tariffs, and market procedures in various markets to create models and forecast applicable costs.
  • Complete ad hoc analysis of forwards, futures, options, interest rates, market conditions, exotic structures, weather products, and other financial or commercial assignments as required to achieve group objectives.
  • Train new team members and promote continuous improvement while upholding integrity and compliance.
  • Develop and improve mathematical models and translate algorithms into code.
  • Work with origination, risk management, and trading to interpret model valuations and respond to intra-day trading requests to price and evaluate structured transactions.
  • Assist in developing energy price forecasts, forward curve models, and volatility models.
  • Design and construct risk management tools to evaluate the company's risk profile and exposure levels.
  • Perform other job-related duties as assigned.

Desired Qualifications

  • A bachelor's degree in Accounting or Finance is preferred.
  • A master's degree is preferred.

About the Company

NextEra Energy

Runs a Florida utility and builds wind and solar farms

NextEra Energy owns Florida Power & Light, the regulated utility that supplies electricity to much of Florida, and NextEra Energy Resources, which builds and runs wind, solar, battery storage and nuclear plants across the United States. The company calls itself the world's largest generator of renewable energy from the wind and sun. FPL earns returns set by Florida regulators on the power plants and grid lines it builds, while Energy Resources sells power to utilities, technology companies and other large buyers under long-term contracts. NextEra Energy was formed in 1984 as the holding company for Florida Power & Light, which dates to 1925, and is based in Juno Beach, Florida.

Company size
10,001+
Company stage
IPO
Headquarters
Juno Beach, FL
Founded
1984

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