Director - Optimization Analytics

Company Description

Customized Energy Solutions (CES), a privately-held company, is a leading service provider of market intelligence and operational support services to companies participating in the retail and wholesale electric and natural gas markets. Utilizing deep know-how developed since the inception of the deregulated energy markets, CES provides accurate & timely analysis on regulatory changes, market opportunities, and operational efficiencies for electricity and natural gas commodities. CES is also a third-party asset manager of more than 13,000 MWs of renewable and conventional generation resources across all ISOs in the United States, Ontario, Canada and Guam. CES empowers clients to achieve their goals by helping them navigate the evolving energy markets, complex market rules, and new energy technologies.

Join a rapidly growing company in an exciting and dynamic work environment. As one of the top 100 fastest growing companies in the Philadelphia region, Customized Energy Solutions offers an opportunity for significant professional growth.

Customized Energy Solutions Ltd. has been recognized regionally and nationally for its impressive and sustained growth, including INC. 500 | 5000 and The Philadelphia Business Journal as a Top 100 Companies in Philadelphia, Hall of Fame for five or more consecutive years. It was ranked as one of the “Best Places to Work” by the Philadelphia Business Journal.

Our team of associates at CES is highly motivated, innovative, and passionate about providing excellent Services to our clients. We look for individuals interested in growing with our company, and working in an exciting, open and collegial work environment. Our main office is in Philadelphia, with satellite offices in various U.S. states, Canada, Japan, India and Vietnam.

Job Description

We are seeking a highly technically fluent, and ideally electric market-savvy, Director - Optimization Analytics to lead the technical forecasting and optimization development in support of our GridBOOST energy storage optimization platform. This role focuses on technical methodology and innovation with direct involvement with the operations and client facing team members, as well as occasional direct interaction with clients.”

The candidate will contribute to the development of analytical products developed by the Future Grid Services business line of CES. This will include day-to-day management of team’s tasks, coordinating with clients and leaders from other business lines to plan, execute and improve analytical features and products. Designing and managing the pipelines for analytical products on cloud infrastructure.

Ideal candidates for this position will be able to work both independently and collaboratively and will possess strong communication skills and exceptional analytical skills.

- Own and evolve the vision, strategy, and roadmap for the bidding optimization suite and support the commercial team in articulating product differentiation and competitive edge

- Lead and mentor a team of data scientists to improve the performance of the short-term price/load forecasting for our bid optimization products for the US wholesale electricity market.

- Guide in developing new bidding and optimization strategies for the optimization engine of our bid optimization product for the US wholesale electricity market.

- Manage the development and execution of scalable AI/ML pipelines and the infrastructure needed for the analytical products.

- Create bidding strategies based on clients’ risk tolerance using metrics like VaR/CVaR. Developed hedging strategies using hedges or insurance products available in the market.

- Coordinate with clients, asset operators, ISO market experts, business development leaders and other software teams to translate the analytical requirements into features and products.

- Make prioritization decisions across features, performance improvements, and market support

- Oversee the integration of analytical products with the software products owned by the other business lines.

Qualifications

- Proven experience (8–10 years) leading data science teams in price/load forecasting and bidding optimization for multiple ISOs in U.S. wholesale electricity markets.

- Strong quantitative background, preferably a Master’s or PhD in economics, engineering, or another quantitative discipline.

- Experience in risk management or deal structuring in the electricity industry is a plus.

- Strong mathematical foundation in optimization, risk management, and price forecasting approaches for U.S. wholesale electricity markets.

- Expertise in Python, deep learning and machine learning techniques, and building scalable AI/ML pipelines in AWS.

- Solid understanding of U.S. ISO/RTO electricity markets (ERCOT, CAISO, NYISO, ISO-NE).

- Excellent communication and stakeholder management skills.

- Ability to work independently and collaboratively.

Preferred

- Business development orientation

- Experience with wholesale market congestion management processes (ARR, FTR, CRR, TCC), with strong emphasis on PJM.

Additional Information

At Customized Energy Solutions, we offer a competitive salary based on experience, along with comprehensive benefits like performance-based bonuses, comprehensive health coverage, and tuition reimbursement to support your ongoing growth and success

Customized Energy Solutions provides equal employment opportunities to all applicants without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or status as a protected veteran.