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The AES Corporation

Senior Quantitative Analyst

The AES Corporation, Houston, Texas, United States, 77246

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Overview

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Senior Quantitative Analyst

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The AES Corporation . As a Senior Quantitative Analyst, you will report to the Head of Risk. You will leverage AES Clean Energy’s large-scale renewable and battery storage portfolio to conduct quantitative risk analysis. You will play a pivotal role in assessing the risks related to renewable projects, power purchase agreements (PPAs), derivative transactions and congestion products by developing and maintaining statistical models. You will also analyze less liquid products like renewable energy credits (RECs) and capacity and resource adequacy (RA) deals. Together with your colleagues, you will be responsible for creating and owning quantitative models and supporting the infrastructure to drive both short and long-term decision making.

Responsibilities

Works to support the execution of the company’s strategy by providing analytical support of the risk around structured transactions

Performs historical analysis of electricity market prices to value basis risk in projects

Forecasts hourly prices based on historical information and fundamental bases

Develops risk models to value the combined uncertainty of wind and solar generation and hourly electricity prices

Develops and implements storage bidding models and strategy

Development of pricing models and analytical techniques for valuation of renewable transactions

Develop and manage tools, systems and reports to support decision making

Qualifications

3–5 years’ experience in competitive energy markets, preferably with renewables.

Bachelor's or higher in engineering, computer science, math, physics, economics, finance, or related field.

Knowledge of derivatives valuation, structured product pricing, and US power/commodity markets.

Understanding of renewable generation tech, especially solar and battery storage.

Strong grasp of cash flow, futures, forwards, options, and risk management principles (VaR, stress testing, backtesting).

Experience with financial modeling, ETRM systems (Allegro preferred), and programming (Python, C++, R, SQL).

Analytical, resourceful, and commercially agile with attention to detail.

Strong communication skills and ability to work under tight deadlines.

Entrepreneurial, self-motivated, and adaptable mindset.

Details

Seniority level: Associate

Employment type: Full-time

Job function: Analyst

Industries: Utilities and Services for Renewable Energy

Note: This job description focuses on the responsibilities and qualifications for the Senior Quantitative Analyst role and excludes unrelated postings and site-wide notices.

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