Analyst, Commercial Analytics (Hybrid)

Date:  Jan 24, 2023
Location: 

Princeton, NJ, US, 08540

Company:  NRG

At NRG, we’re bringing the power of energy to people and organizations by putting customers at the center of everything we do. We generate electricity and provide energy solutions and natural gas to millions of customers through our diverse portfolio of retail brands. A Fortune 500 company, operating in the United States and Canada, NRG delivers innovative solutions while advocating for competitive energy markets and customer choice, working towards a sustainable energy future. More information is available at www.nrg.com. Connect with NRG on Facebook, LinkedIn and follow us on Twitter @nrgenergy.

This position is governed by a local union contract.

Job Summary: 

This position will be involved in a diverse range of activities and offers an excellent developmental opportunity for a candidate with experience in one or more of the areas indicated below. Activities for this role include analysis of renewable generation, analytics supporting the management of NRG’s generation assets, NRG’s integrated retail/generation portfolio analysis and optimization activities, and North American market fundamentals for both power and gas. Located on the trade floor at our Princeton, New Jersey office, this position offers a high degree of visibility.

 

Essential Duties/Responsibilities:

  • Work closely with Trade Desks, Retail Sales, Origination, Project Development, Asset Management, and Regulatory to create and disseminate fundamental market analysis (e.g., white papers, briefs, presentations)
  • Support Asset Management and Plant Operations Teams on gross margin valuation, commercial assessment, and optimization of the existing asset portfolio.
  • Assist Structuring team in modeling energy assets and complex transactions including power generation, tolling transactions, load following/full requirements transactions, sales off of existing assets, asset acquisitions, renewable energy procurement, storage options, fuel transportation, and long-term fixed price energy purchases/sales by utilizing a variety of internal and external valuation models.
  • Develops analytical tools and valuation models that allow for efficient transaction analysis, effective communication across teams, transparency of work product and ease of use.
  • Communicate transaction value and risk metrics across the organization, such that timely and optimal decisions can be made
  • Participate in contract negotiations and work with diverse deal teams whose members include originators, traders, quantitative analysts, risk control analysts, operations personnel, and management
  • Prepare management presentations and documentation as required

Working Conditions:

  • Hybrid work environment with 3 days per week in office,  2 days remote
  • Trade floor/open office environment
  • Limited travel expected

 

Minimum Requirements: 

  • Bachelor’s Degree from an accreted college or university is required
  • Minimum of two (2) years of energy industry or energy consulting experience related to asset valuation, market fundamentals/analysis, or energy market reporting
  • Expertise in MS Excel required
  • Proficiency in a programming language (C++, Java, etc.)

 

Preferred Qualifications:

  • Bachelor’s degree from an accredited college or university in a mathematics-oriented discipline (e.g. Statistics, Mathematics, Engineering, Economics, Finance, etc.) is a strong plus
  • Proficiency with data management and analytical tools (Access, VBA, Python, Power BI, SQL tools, or MATLAB) a strong plus
  • Experience in long term fundamental models such as Aurora, Prosym, or Promod a plus

 

Additional Knowledge, Skills and Abilities:

  • Excellent analytical and modeling skills, detail oriented and able to produce accurate work products
  • Strong oral and written communication skills
  • Intelligent self-starter with good judgment
  • Ability to manage multiple high-priority tasks and deliver quality results within time constraints
  • Ability to work in a results-oriented, fast-paced, real-time team environment.

 

If you reside in or intend to work remotely from California, Colorado, New York or Washington State, you may contact Careers@nrg.com for compensation information related to this position and other information as required by applicable law. Please include the job title in your request.

 

Why NRG is a great place to work:

  • Great company culture!! Voted as a BEST employer by Forbes
  • A competitive total compensation package, including annual incentive and/or commission
  • Stock Purchase Plan 
  • Benefits on the first day of employment - Medical, Dental, Vision, Life Insurance, and Short Term Disability, Wellness program, etc.   
  • Company-paid life insurance and disability insurance
  • 401 (k) plan to help save for retirement
  • Generous PTO plan, plus 8 company holidays, and 3 floating holidays
  • Numerous discounts, including electricity discounts on NRG brands

NRG Energy is committed to a drug and alcohol free workplace.  To the extent permitted by law and any applicable collective bargaining agreement, employees are subject to periodic random drug testing, and post-accident and reasonable suspicion drug and alcohol testing.  EOE AA M/F/Protected Veteran Status/Disability

EEO is the Law Poster (The poster can be found at http://www.eeoc.gov/employers/upload/poster_screen_reader_optimized.pdf)

Official description on file with Talent.


Nearest Major Market: New Jersey