Quantitative Analyst

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Location: BALTIMORE, MD, United States
Organization: Baltimore Gas & Electric Co
Job ID: 230254
Date Posted: Apr 5, 2021

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Job Description

Description

At Exelon, we've got a place for you!
Join the nation's leading competitive energy provider, with one of the largest electricity generation portfolios and retail customer bases in the country. You will be part of a family of companies that strives for the highest standards of power generation, competitive energy sales, and energy delivery. Our team of outstanding professionals is focused on performance, thought leadership, innovation, and the power of ideas that come from a diverse and inclusive workforce.
Exelon will provide you the tools and resources you need to design, build and enhance a successful career. We are also dedicated to motivating the success of our employees through competitive base salary, incentives, and health and retirement benefits.
Join Exelon and share your passion at a forward-thinking Fortune 100 company. Establish yourself in a place where you can truly shine and create a brighter, more sustainable tomorrow. Energize your career at Exelon!

 

PRIMARY PURPOSE OF POSITION

The Quantitative Analyst will design and develop proprietary quantitative models to support pricing, risk management, and overall strategic planning for innovative utility platform initiatives. As a member of the Energy Analytics team, the successful candidate will collaborate directly with economists, financial analysts, policy experts and IT analysts. He or she will apply quantitative techniques to analyze utility’s interactions with energy markets and form opinions on the strengths and limitations of the respective models. A solid understanding of traditional energy and financial modeling techniques along with a strong foundation in programing, statistical methods, and data analysis is essential.
 
PRIMARY DUTIES AND ACCOUNTABILITIES
 
1. Leverage in-depth technical knowledge of predictive analytics, statistics, modelling techniques and simulation approaches to develop energy consumption, financial and emerging technology adoption models.

2. Conduct research and produce proof-of-concept demonstration systems to test new quantitative modeling approaches and solutions to complex problems.

3. Translate quantitative and business concepts into efficient, robust, supportable system design and architecture.

4. Partner with IT to develop complex data structures and a business intelligence platform for reporting end user data mining.

5. Partner with stakeholder analytics teams across BGE and Exelon to expand the use and gather feedback on the models and systems.

6. Leverage quantitative modeling and simulation techniques (e.g., System Dynamics approach) to produce robust scenario analysis, in support of utility strategic planning and assess the impact of emerging technologies and other potential business disrupters to utility business model.   

7. Provide input into the development of evaluation plans and critically review evaluation reports; contribute to broad discussions relating to policy issues for planning and evaluation;  work effectively with independent evaluation contractors; support BGE offers of energy efficiency savings into the PJM capacity market and the verification of impacts.

POSITION SCOPE 

•Reports to the Manager Energy Analytics
•This is an individual contributor position that works under general supervision, relying on knowledge, skills and judgement acquired through education and relevant experience to plan and accomplish assigned tasks and goals. 

Qualifications

POSITION SPECIFICATIONS 

Minimum:  

- Bachelor’s degree in quantitative field 
- 2 to 5 years of relevant experience  
- Thorough understanding of applied and financial mathematics concepts and techniques (including advanced statistical techniques)
- Ability to use a broad range of development languages (e.g., C/C++, Python, Matlab, Excel, etc.), and databases query languages 
- Ability to quickly master industry fundamental concepts including energy commodity markets, portfolio valuation, and system dynamics 
- Should be self-driven and able to work in (and lead) team sizes ranging from individual contribution to several members. 
                                                                                         
Preferred:

-Masters in quantitative field
-Energy industry experience
-In-depth experience in one or more programing language (e.g., SAS, Vensim, Python, etc.).
-Background in applied system dynamics theory
-Experience performing advanced quantitative analysis and developing and/or validating models to support senior managers in running their quantitative strategies.
-Knowledge about System Dynamics theory.
- Demonstrate proficiency in accessing database and extracting intelligence from large complex datasets to support business initiatives.
- Demonstrate the ability to work independently and provide mentorship to less experienced team members
- Excellent communication skills and close collaboration with internal and external stakeholders are required. Ability to translate data analysis and findings into coherent conclusions and actionable recommendations.    

 

Exelon is proud to be an equal opportunity employer and employees or applicants will receive consideration for employment without regard to: age, color, disability, gender, national origin, race, religion, sexual orientation, gender identity, protected veteran status, or any other classification protected by federal, state, or local law.
VEVRAA Federal Contractor
EEO is the Law Poster

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