What are the responsibilities and job description for the Operational Analyst position at BizTek People, Inc. | APA International Placement Consultants?
ESSENTIAL JOB RESPONSIBILITIES
Responsibilities include but are not
limited to:
• Leading Power Operations Risk
Management running and analyzing operational report. Work with Power Operation
on assessing trading risk limits and assessments, development of new
quantitative models, validating and/or enhancing existing models, and assisting
internal partners and staff in understanding and using the models for effective
risk analysis and decision-making.
• Providing analytical for trading,
portfolio management, origination, energy market risk, credit risk and finance;
interpreting and sharing qualitative insights and feedback from commercial
teams into quantifiable terms to help improve performance.
• Independently initiating and
analyzing surrounding optimization in competitive markets, stochastic
simulations, and the interplay between zero- or low-marginal cost resources and
traditional energy generators.
• Identifying and implementing
effective approaches to quantitatively evaluate energy infrastructure benefits
and costs, as well as risks and risk mitigation.
• Design complex valuation and price
models for structured products including tolling agreements, PPA agreements,
full requirements/load-following deals, shaped products, revenue puts, exotic
options (swaptions, basket options, look-back options, heat rate options,
etc.), weather derivatives, unit contingency, etc.
• Understand risk metrics models such
as Value at Risk (VaR), Mark to Market, Gross Margin at Risk (GMaR).
• Proposing and implementing portfolio
and asset optimization frameworks. Will build bespoke frameworks for exploring,
designing, and deploying systematic portfolio strategies, including generation
asset optimization, natural gas storage and transportation optimization,
cross-commodity hedge optimization (optimal hedge ratio) and FTR
hedging/bidding optimization.
• Leading quantitative research and
modeling tasks related to macro industry trends, energy markets, ancillary
services, capacity markets and commercial activities using tools such as
artificial intelligence, machine learning, game theory, supply and demand and
price simulation models, probabilistic models, option valuation tools, and
portfolio characteristic desk tools.
• Provide statistical analysis and
quantitative tools for trading and hedging purposes, including model commodity
data for specific markets and produce ad hoc analysis based on short-term
market developments.
• Communicating effectively and
influentially to diverse audiences about modeling methodologies, analyses and
results in business practical terms that include a focus on the “why.”
• When needed, providing expert
witness testimony for market and regulatory proceedings.
• Make decision using the existing
Risk Management Policy and Procedure framework.
CANDIDATE ATTRIBUTES
To achieve success, the person in this
role must bring a combination of expert technical skills and market awareness,
strong competence in communication and influence and the ability to quickly
establish trust and credibility by understanding the firm’s current risk
posture and providing compelling intelligence to drive critical decisions.
Measures of success in this position include achievement of strategic business
outcomes, development of creative and sustainable analytical models,
identification of risks and risk mitigation plans, demonstration of sound
decision making, and effective communication of actionable analyses to key
stakeholders.
Strong candidates will:
• Have a broad background in energy
and quantitative risk analysis in North America with a focus on power, natural
gas, and renewables.
• BS or MS - discipline (engineering,
statistics, science discipline, economics, and finance).
• Bring 3 – 4 or more years of
experience in a quantitative role within the energy industry or directly
related academic setting with application in the energy industry. Experience
with wholesale power and/or gas markets and quantitative energy trading experience
is preferred.
• Have developed expertise in at least
one of the following techniques: time series analysis, advanced regression and
econometric techniques, advanced optimization techniques leveraging commercial
solvers.
• Experience with Production Cost
Modeling
• Advanced Microsoft Office Suite
skills (Word, PowerPoint, Excel).
• Ability to communicate and work with
different organizations outside of risk management.
Experience with Endur ETRM is a plus.
