November 8, 2024
Electric Energy Jobs

Sr Quantitative Analyst

Organization:
Baltimore Gas and Electric Company (BGE)
Region:
Canada, Maryland, Baltimore
End of contest:
December 29, 2024
Type:
Full time
Category:
Analyst
Description
Job ID: 254746

PRIMARY PURPOSE OF POSITION

The Sr Quantitative Analyst for the Utility of the Future will design and develop proprietary simulation models to support portfolio valuation, pricing, risk management, and overall strategic planning for innovative utility platform initiatives. As a member of the Advanced Analytics team, the successful candidate will collaborate directly with economists, financial engineers, risk analysts, and policy experts. He or she will apply quantitative techniques to measure and analyze model risks and form opinions on the strengths and limitations of the respective models. A solid understanding of traditional financial valuation and modeling techniques along with a strong foundation in programing, statistical methods, and data analysis is essential.

PRIMARY DUTIES AND ACCOUNTABILITIES

  • Leverage in-depth technical knowledge of predictive analytics, statistics, modelling techniques and simulation approaches to develop valuation, risk management, and pricing models. (30%)
  • Conduct research and produce proof-of-concept demonstration systems to test new quantitative modeling approaches and solutions to complex problems (20%)
  • Translate quantitative and business concepts into efficient, robust, supportable system design and architecture. (15%)
  • Provide leadership, training, and mentorship to less experienced technical analysts on the team and in the organization (15%)
  • Partner with IT to develop complex data structures and a business intelligence platform for reporting end user data mining (10%)
  • Partner with stakeholder analytics teams across ComEd and the Enterprise to expand the use and gather feedback on the models and systems (10%)

JOB SCOPE

  • Reports to the Manager Fundamental Analysis
  • Works under minimal supervision, relying on knowledge, skills and judgment acquired through education and relevant experience to plan and accomplish assigned tasks and goals

Qualifications

MINIMUM QUALIFICATIONS

  • Bachelor's degree in quantitative field
  • 4-7 years of relevant experience
  • Thorough understanding of applied and financial mathematics concepts and techniques (including advanced statistical techniques)
  • Ability to use a broad range of development languages (e.g. C/C++, Python, Perl, Matlab, etc.), and databases query languages
  • Ability to quickly master industry fundamental concepts including energy commodity markets, portfolio valuation, and system dynamics
  • Should be self-driven and able to work in (and lead) team sizes ranging from individual contribution to several members.

PREFERRED QUALIFICATIONS

  • Masters or PhD in quantitative field
  • Energy industry experience
  • Prior experience in an operation research role
  • In-depth experience in one or more programing language
  • Background in applied system dynamics theory
  • Ideal candidate with have experience performing advanced quantitative analysis and developing and/or validating risk models to support senior managers in running their quantitative strategies.

Read the full posting.

Contact

Baltimore Gas and Electric Company (BGE)





Maryland United States

www.bge.com