Electricity Analyst
Reference #13921

Permanent Position
Posted on 01/29/2008


Description:

In this integral role you will: Work with quantitative analysts to develop and utilize a retail pricing model that interacts with wholesale curve and retail load projections. Assist with pricing, load shape assessment and transaction structuring. Update pricing models and transaction management system with current market data to value pricing offers and calculate MTM. Analyze retail commitments, post closed deals into the retail book and determine wholesale supply requirements. Interact with the wholesale market to understand the wholesale products, pricing, forward curves and structured product dynamics to ensure efficient retail pricing and risk transfer to customers. Assist Manager Electricity Trading & Operations to ensure that retail load profile, usage and other customer parameters are accurately captured in databases and correctly retrieved into the retail book. Assist with pricing on structured deals that require non-routine models, pricing and/or processes. Assist in the procurement of Green E RECs in open market to satisfy WGES’ requirements.

Position Description



Responsibilities and Duties



Pricing Model

· Assist with pricing, load shape assessment and transaction structuring.

· Work with quantitative analysts to develop, maintain and utilize a retail pricing model that interacts with wholesale curve and retail load projections.

· Research the particular market in which a deal is located in order to understand the impact of tariffs, market rules and procedures related to generation, transmission and distribution costs to support electric sales.

· Work to completely understand current models and data flow between WGES and the electric utilities.

· Update pricing models and transaction management system with current market data to value pricing offers and calculate MTM.

· Analyze retail commitments, post closed deals into the retail book and determine wholesale supply requirements.

· Interact with the wholesale market to understand the wholesale products, pricing, forward curves and structured product dynamics to ensure efficient retail pricing and risk transfer to customers.

· Work with load data from customers to produce and coordinate reports for internal requirements and external counterparties.

· Assist Manager Electricity Trading & Operations to ensure that retail load profile, usage and other customer parameters are accurately captured in databases and correctly retrieved into the retail book.

· Assist with pricing on structured deals that require non-routine models, pricing and/or processes.



Green Energy Supply

· Document all green energy transactions as necessary. Document load requirements to support verification of WGES’ compliance with regulations and contracts.

· Work with PJM GATS system to properly track RECs as necessary to support RPS and voluntary requirements.

· Assist in the procurement of Green E RECs in open market to satisfy WGES’ requirements.

· Track and document transactions and costs of wind purchases from WGES’ wind supply partners/brokers.



Portfolio Support

· Reconcile energy use and retail book positions to ensure accurate load projections. Follow through with detailed analysis to validate that actual transaction data matches expected results.

· Work with marketing, trading, and operations to understand all aspects of a deal in order to correctly process key retail book assumptions such as churn curve.

· Follow proper processes and documentation requirements for all inputs and assumptions.





Optional Information:

Job ID

EA Department



Testing/Background Checks? No



Testing/Check Procedure:

-Preemployment physical, drug screening, degree verification, and 3 reference checks

Direct Reports? No

Number of Direct Reports: 0



Relocation Assistance Yes

Up to $ 0



Other Compensation

We offer a competitive compensation and benefits package including: - Excellent salary and bonus program - Health and dental coverage - Employer paid Short Term Disability/Long Term Disability/Life coverage - 401(k) plan with employer match - 4 weeks paid vacation - Up to 2 weeks of sick leave - Paid volunteer leave - Flexible spending accounts - Generous tuition reimbursement program - Relocation will be considered Reason for Opening

Due to growth of company.



Experience Level

Promotional Growth Potential



Other Certifications Required

Travel Requirements



Interview Process

Phone Interview with HR 1st interview - panel interview 2nd interview - panel interview Additional Information



Education Requirements





Associate

None Major Area of Study (optional here)



Bachelor Required

Masters None





Agency Messages:

Ask the Hiring Firm a Question:

Subject:

Type question below:



Submit Question

Terms & Conditions | Privacy Policy



Required Skills:

Minimum of 3 years strong data analysis including at least one year electricity industry experience.

Minimum 2 years of working experience in Excel/VBA.

Working knowledge of physical energy business or energy commodities.

Working knowledge of applying financial markets theory and derivatives

Demonstrated ability to be creative and work in a dynamic and deadline-oriented environment. Ability to successfully meet daily deadlines and work with deal-closing related uncertainties and tight time frames.

Ability to work independently.



Desired:

Access, SQL, and Oracle experience

Renewable energy experience with a retailer or generator company

Project management skills and experience



Education:

BS/BA in Engineering, Finance, Math, Statistics, Economics, Physics, Computer Science or other quantitative discipline. MBA preferred



Contact



Jency Emo
(352)588-2010
jency@twodogsolutions.com


APPLY ONLINE RETURN TO POSTINGS