Quantitative Analyst, Fundamentals & Structure

Date:  Jul 19, 2024
Location: 

Princeton, NJ, US, 08540

Company:  NRG

Welcome to the intersection of energy and home services. At NRG, we’re all about propelling the next generation of leaders forward. We are driven by our passion to create a smarter, cleaner and more connected future. We deliver innovative solutions that make our customers’ lives easier—helping them power, protect, and intelligently manage their homes and businesses. To do this, we need creative and talented people to join our company.

We offer a dynamic work environment and a unified and inclusive culture. NRG fosters a strong sense of belonging that leads to better collaboration and business performance. Our company programs are designed to help employees develop the skills they need for success now and in the future. In everything we do, we aim to champion our employees and bring value to our customers, investors and society.

More information is available at www.nrg.com. Connect with NRG on Facebook, Instagram, LinkedIn and X.

This position will be involved in a diverse range of activities supporting management of NRG‘s Retail and Wholesale positions. This includes activities such as structured deal valuation, portfolio analysis and optimization, and power market fundamentals. This position offers a high degree of visibility at NRG’s Princeton office and will work closely with the trade floor, regional asset management and asset development teams, and other key groups within the company.

 

Responsibilities:

  • Design, development, and implementation of algorithms and mathematical or statistical models intended to evaluate portfolio performance under varying market conditions and impact of hedge strategies.
  • 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.
  • Create and disseminate fundamental analysis of the power and capacity markets in NRG’s core markets
  • Work with the senior management to produce presentations for board meetings, earnings, investor meetings, or other similar events.

 

Position Requirements:

  • BS in Statistics, Mathematics, Engineering, Economics, Operations Research, Finance or related discipline.  A Master’s degree is preferred.
  • Experience with designing, developing, and supporting complex analytical systems.
    • Must have database expertise and expertise with data extraction techniques utilizing SQL, Oracle, MatLab, Python, SAS, VB, or similar methods.
    • Must have expertise in automation techniques for data gathering and management.
    • Must have advanced knowledge of Excel in spreadsheets macros, custom functions, VBA, etc.
  • Two to five years of energy industry or energy consulting experience is required.
  • Experience with asset modeling via dispatch/production cost modeling a strong plus.
  • Experience in long term fundamental models such as Aurora, Prosym, or Promod a strong plus.
  • Excellent analytical and modeling skills, detail oriented and able to produce accurate work products.
  • Strong oral and written communication skills required.
  • Should be a self-starter, adaptive and versatile, able to work effectively in an active trading environment.
  • Quantitative or fundamentals analytics experience in the energy industry preferred

 

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.

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. Level, Title and/or Salary may be adjusted based on the applicant's experience or skills.

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