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-2023-3768

    Position summary

    rk with engineering team to configure, test and maintain energy production cost models and analysis for PJM.

    • Perform quantitative energy risk modeling, analyze and discuss various assumptions, inputs, fundamental, statistical and analytical data.

    • Prepare reports and presentations to explain and discuss model outputs and conclusions with senior management and collaboration teams.

    • Perform energy market exposure calculations, simulations and results analysis .

    • Develop a solid understanding of the energy market trading products, market rules and processes and implement solutions based on that understanding.

    • Compile, prepare and analyze various statistical/analytical data, reports, studies or projects.

    • Perform quantitative financial impact analysis on market participant portfolios deduced from results of power flow model

    • Perform market analysis, develop metrics and insights to support market and credit risk assessment.

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

    • Perform data mining functions.

    • Technical Skills: Production Cost model Simulation software, statistical software, and computer programming

    Qualifications & Characteristics:
    Required:

    • BS degree in Engineering, Mathematics, Economics, Finance or equivalent work experience

    • At least 8 years of experience in the industry with experience using power system modeling

    • At least 5 years of experience in financial engineering in energy industry

    • At least 5 years of experience with Dayzer power system modeling an advantage

    • 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:

    • MS degree in Engineering, Finance, Mathematics or PhD., Engineering
    • At least 8 years of experience with PJM markets including FTRs, ARRs, Virtual Bids and RPM
    • At least 8 years of experience with programming in SQL, SAS, C++, Python or Alteryx
    • 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.