PJM Interconnection, LLC
(Sr./Lead) Quantitative Analyst I (II)
PJM Interconnection, LLC - Audubon, Iowa, United States, 50025
Work at PJM Interconnection, LLC
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Overview
(Sr./Lead) Quantitative Analyst I (II) page is loaded (Sr./Lead) Quantitative Analyst I (II) Apply locations Audubon, PA (Hybrid) time type Full time posted on Posted 30+ Days Ago job requisition id REQ-2025-4022
*Flexible Work Arrangement: Hybrid*
The ( Sr./Lead) Quantitative Analyst I (II)
provides technical and power market quantitative analysis support to Trade Risk and Analytics . This will involve creating consistent transmission system and market scenarios using power flow modeling for areas of the PJM Interconnection and performing required transmission analysis and preparing deductive summary reports of cause and financial impacts, assessments and conclusions . This position interacts closely with all departments within Risk Management and various departments across PJM's Markets and Operations divisions.
Essential Functions: Develop and maintain accurate electric system models for PJM.
Perform power system market simulations in support of modeling efforts.
Develop a solid understanding of the business functions and processes and implement solutions based on that understanding.
Compile, prepare and analyze various statistical/analytical data, reports statements, studies or projects.
Perform quantitative financial analysis on market participant portfolios
Perform fundamental and statistical analysis of PJM’s market functions.
Interact regularly with leadership and cross functional teams to understand strategic changes.
Perform data mining functions.
Technical Skills: Production Cost Simulation software skills, statistical software skills.
Produce Risk Reports and provide analytical insights and cause-and-effects impacts.
Characteristics & Qualifications:
Required: Bachelor's Degree in Engineering, Mathematics, Economics, Finance or equivalent work experience
At least 8 years of experience industry experience in power system modeling
At least 5 years of experience Experience in financial engineering in energy industry
At least 5 years of experience with Dayzer power system modeling an advantage
Ability to produce high-quality work products with attention to detail
Experience in quantitative and qualitative analysis
Ability to use mathematical and electrical theory
Ability to troubleshoot and provide technical support
Preferred: Master's Degree in Engineering, Quantitative Finance, Mathematics, or a PhD., Engineering
At least 8 years of experience with PJM markets including FTRs, ARRs, Virtual Bids and RPM
At least 8 years of experience with programming in SQL, SAS, C++, Python or Alteryx
Experience with PJM operations, markets, and planning functions
Experience using PSS/e (power system analysis program)
About Us
Discover your potential at PJM Interconnection, an energy industry leader dedicated to diversity and inclusion. We appreciate the unique contributions of individuals from all walks of life and strive to create an inclusive and nurturing environment where everyone can excel. Diversity includes everyone at PJM! If you're seeking a dynamic and supportive workplace that values innovation and creativity, we invite you to explore opportunities with our team. Medical, vision and dental insurance 401(k) plan with 100% employer match up to 5% of salary Vacation and paid holidays Life insurance Accidental death and dismemberment insurance Short-term and long-term disability coverage
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*Flexible Work Arrangement: Hybrid*
The ( Sr./Lead) Quantitative Analyst I (II)
provides technical and power market quantitative analysis support to Trade Risk and Analytics . This will involve creating consistent transmission system and market scenarios using power flow modeling for areas of the PJM Interconnection and performing required transmission analysis and preparing deductive summary reports of cause and financial impacts, assessments and conclusions . This position interacts closely with all departments within Risk Management and various departments across PJM's Markets and Operations divisions.
Essential Functions: Develop and maintain accurate electric system models for PJM.
Perform power system market simulations in support of modeling efforts.
Develop a solid understanding of the business functions and processes and implement solutions based on that understanding.
Compile, prepare and analyze various statistical/analytical data, reports statements, studies or projects.
Perform quantitative financial analysis on market participant portfolios
Perform fundamental and statistical analysis of PJM’s market functions.
Interact regularly with leadership and cross functional teams to understand strategic changes.
Perform data mining functions.
Technical Skills: Production Cost Simulation software skills, statistical software skills.
Produce Risk Reports and provide analytical insights and cause-and-effects impacts.
Characteristics & Qualifications:
Required: Bachelor's Degree in Engineering, Mathematics, Economics, Finance or equivalent work experience
At least 8 years of experience industry experience in power system modeling
At least 5 years of experience Experience in financial engineering in energy industry
At least 5 years of experience with Dayzer power system modeling an advantage
Ability to produce high-quality work products with attention to detail
Experience in quantitative and qualitative analysis
Ability to use mathematical and electrical theory
Ability to troubleshoot and provide technical support
Preferred: Master's Degree in Engineering, Quantitative Finance, Mathematics, or a PhD., Engineering
At least 8 years of experience with PJM markets including FTRs, ARRs, Virtual Bids and RPM
At least 8 years of experience with programming in SQL, SAS, C++, Python or Alteryx
Experience with PJM operations, markets, and planning functions
Experience using PSS/e (power system analysis program)
About Us
Discover your potential at PJM Interconnection, an energy industry leader dedicated to diversity and inclusion. We appreciate the unique contributions of individuals from all walks of life and strive to create an inclusive and nurturing environment where everyone can excel. Diversity includes everyone at PJM! If you're seeking a dynamic and supportive workplace that values innovation and creativity, we invite you to explore opportunities with our team. Medical, vision and dental insurance 401(k) plan with 100% employer match up to 5% of salary Vacation and paid holidays Life insurance Accidental death and dismemberment insurance Short-term and long-term disability coverage
#J-18808-Ljbffr