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-2026-4119

    Position summary

    dentify simulation model enhancements.**

    • Provide quantitative analytical support to backtest simulation models.

    • Maintain a working historical simulation model that will calculate margin requirement for FTR products.

    • Conduct ad hoc analysis pertaining to margining of FTR products.

    • Develop tools to analyze historical simulation model results.

    • Develop risk controls and reporting to management.

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

    • 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: SQL, Matlab, SAS, Alteryx, Statistical & Analysis Software.

    Characteristics and Qualifications:
    Required:

    • Bachelor's degree in Engineering, Mathematics, Economics or equivalent work experience

    • 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, PhD., Economics, Mathematics or Engineering
    • 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.