(Sr./Lead) Quantitative Analyst I (II)

PJM Interconnection

4.8

(23)

Audubon, PA

Why you should apply for a job to PJM Interconnection:

  • 4.8/5 in overall job satisfaction
  • 4.8/5 in supportive management
  • 91% say women are treated fairly and equally to men
  • 91% would recommend this company to other women
  • 96% say the CEO supports gender diversity
  • Ratings are based on anonymous reviews by Fairygodboss members.
  • PJM employees have shown they can adapt to new work environments, PJM offers flexibility in remote, hybrid and on-site work.
  • We provide four weeks (160 hours) of paid paternity leave.
  • PJM has two Employee Resource Groups that support women at the company.
  • #REQ-2025-4086

    Position summary

    r the identification of trade manipulation activity:

    • Provide quantitative analytical support to identify trade manipulation associated with existing market rules

    • Provide quantitative analytical support to identify trade manipulation possibilities associated with new market rules

    • Create scenarios around trading activity and develop indicators of potential trade manipulation activity

    • Potential Future Exposure (PFE) and Potential Future Collateral (PFC):

    • Forecast forward price projections using advanced analytical techniques such as power flow simulations and historical price analysis to assess future exposure and collateral needs

    • Develop models to capture future shocks in fundamental energy market price drivers

    • Interface with stakeholders, management, peers and others and provide expertise in the area of trading risk

    • Analyze PJM's governing documents and design new PJM market rules and make changes to existing rules

    • Develop dashboard reporting and extract, transform, load (ETL) procedures

    • Interact regularly with leadership and cross functional teams to understand strategic changes

    • Demonstrated ability to work independently and to train, guide, or assist others to perform complex assignments

    • Demonstrate the behaviors and competencies that create a risk management mindset in the organization

    • Technical Skills: Production cost simulation software skills, statistical software skills

    Characteristics & Qualifications:

    Required:

    • Bachelor's Degree in Engineering, Mathematics, or Economics

    • At least 5 years of experience in qualitative and quantitative analysis

    • Ability to produce high-quality work products with attention to detail

    • Experience in quantitative and qualitative analysis

    • Ability to use mathematical and electrical theory

    • Ability to troubleshoot and provide technical support

    Preferred:

    • Master's Degree in Engineering, or a PhD. in Economics, Mathematics, or Engineering
    • At least 5 years of experience within the Energy industry
    • Experience using statistical tools such as SAS, MATLAB
    • Experience using production cost tools such as PROMOD, PLEXOS, PROBE
    • Adept in strategic/forward thinking
    • Experience with PJM operations, markets, and planning functions
    • Experience using PSS/e (power system analysis program)

    Why you should apply for a job to PJM Interconnection:

  • 4.8/5 in overall job satisfaction
  • 4.8/5 in supportive management
  • 91% say women are treated fairly and equally to men
  • 91% would recommend this company to other women
  • 96% say the CEO supports gender diversity
  • Ratings are based on anonymous reviews by Fairygodboss members.
  • PJM employees have shown they can adapt to new work environments, PJM offers flexibility in remote, hybrid and on-site work.
  • We provide four weeks (160 hours) of paid paternity leave.
  • PJM has two Employee Resource Groups that support women at the company.