PJM Interconnection

Quantitative Analyst I (II)

LocationAudubon, PA
Job TypeFull-time

About This Job


Flexible Work Arrangement: Hybrid

The Quantitative Analyst will be responsible for evaluating energy market conditions, tracking commercial activity in the electricity industry, and following commodity news as it pertains to PJM. They will work closely with the Sr. Manager, Market Risk to: produce reports that communicate market trends to the broader Risk group; develop financial models with respect to potential commercial transactions; and generate forward views of electricity markets. The objective of the role is to continue growing PJM's Risk initiative, specifically as it pertains to forward activity in PJM energy, capacity and FTR markets. Candidates should have strong mathematical background and savvy attention to detail; coding experience is a plus.


Essential Functions

Strong analytical skills with high attention to detail and accuracy.
Working knowledge of energy markets and risk management, with focus on PJM in particular.
Demonstrate the behavior and competencies that create a risk management mindset.
Liaise among internal departments: markets, ops, membership, settlements, Legal and Compliance to communicate risk management initiatives and spearhead cross-department projects.
Interface with members, peers and others to provide expertise in specialized area of market risk.
Develop dashboard reporting and prepare risk calculations - related to market conditions, commercial activity and commodity news. Present findings to senior management.
Perform quantitative analysis and cash flow forecasting of potential commercial transactions and/or market movements
Stay updated with industry best practices, regulatory changes, and advancements in financial modeling.


Required


Characteristics & Qualifications:

Bachelor's Degree in Engineering, Economics, Mathematics or equivalent work experience
Ability to produce high-quality work products with attention to detail
Ability to communicate effectively in a team environment
Experience in quantitative and qualitative analysis
Experience using verbal and written communications skills
Ability to use Microsoft Office Suite (MS-Word, MS-Excel and MS-PowerPoint)
Experience with SAP


Preferred

Master's Degree in Business Administration, Engineering or equivalent work experience
Experience with PJM operations, markets, and planning functions
Experience supporting any of PJM Committees

Similar Jobs

Trending Jobs

company-logo

Nuclear Technical Intern - Mid Atlantic

Constellation
Job TypeInternship
 
Lusby, MD
25 days ago
company-logo

Apprentice Lineman

Brink Constructors, Inc.
Job TypeFull-time
 
Rapid City, SD
24 days ago
company-logo

Deckhand (Houston)

John W. Stone Oil Distributor, LLC
 
Houston, TX
25 days ago
company-logo

Electrical Engineer

Dudley Staffing
Job TypeFull-time
Salary
$55 - $75
Canonsburg, Pennsylvania
3 months ago
company-logo

Director, Financial Planning & Analysis - Energy (Enterprise)

Pilot Thomas Logistics
Job TypeFull-time
 
Grapevine, TX
25 days ago
company-logo

Solar Electrician

MN8 Energy
Job TypeFull-time
 
California, United States
23 days ago
company-logo

Apprentice Lineman I

San Patricio Electric Cooperative, Inc.
Job TypeFull-time
 
Sinton, TX
9 days ago
company-logo

Quality Engineer

Jedco Inc.
Job TypeFull-time
 
Grand Rapids, MI
19 days ago
company-logo

Sr. Polymer Scientist

ExxonMobil
Job TypeFull-time
 
Baytown, TX
23 days ago
company-logo

Gas Foreman

Peak Utility Services Group
Job TypeFull-time
 
Lawton, OK
24 days ago
company-logo

contract landman

HPS Oil & Gas Properties
Job TypeFull-time
 
Lafayette, Louisiana
about 2 months ago
company-logo

Finishing Helper Entry Level- Dayshift

Bonnell Aluminum
Salary
$41600 - $41600
Carthage, TN
19 days ago
SD

Service Manager

Supertech Diesel Truck Specialists
Job TypeFull-time
 
Langley, BC
22 days ago
company-logo

Apprentice Line Worker I

Tampa Electric
Job TypeFull-time
 
Ruskin, FL
about 1 month ago
company-logo

Meter Technician

ONEOK
Job TypeFull-time
 
Odessa, TX
25 days ago
SD

Service Manager

Supertech Diesel Truck Specialists
Job TypeFull-time
 
Nanaimo, BC
22 days ago
company-logo

Apprentice Power Lineman

Proline Power Corp.
Job TypeFull-time, Apprenticeship
 
Red Deer, AB
29 days ago
company-logo

Assembler/Production

Uptalent
Job TypeContract
Salary
$37440 - $49920
Oklahoma City, OK
18 days ago
company-logo

Senior Landman

Greenlake Energy
Job TypeFull-time
 
Austin, Texas
16 days ago
company-logo

Senior Investigator

Dominion Energy
Job TypeFull-time
 
Norfolk, VA
25 days ago