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Puget Sound Energy

Consulting Quantitative Risk Analyst

Puget Sound Energy, Clyde Hill, Washington, United States,


Puget Sound Energy is looking to grow our community with top talented individuals like you! With our rapidly growing, award winning energy efficiency programs, our pathway to an exciting and innovative future is now. PSE'sEnergy Supply Merchantteam is looking for qualified candidates to fill anopenConsulting Quantitative Risk Analystposition! Specific details regarding the work arrangements for this position will be discussed in further detail during the interview process. Job Description This position will work cross-functionally to represent PSE in various market and policy forums. Analyze the impact of proposed market design initiatives, regulatory rule making, and market alternatives on PSE's organized market position. Draft policy and contract language that effectively communicates PSE's position for vendors, stakeholders, and management. Responsible for the development, maintenance, and operation of Market design elements for organized markets. Understands, communicates, and defends analytical results. Provides data driven insights to support asset optimization, risk management strategies, and energy procurement decisions. Analyzes PSE's resource portfolio, commodity transactions, and market and financial data to provide input to the energy procurement and hedging strategy. Performs market risk analytics and exposure measurement and develops and communicates risk reports to Management. Upholds the safety compliance standards inherent in PSE's operating and/or field procedures related to work responsibilities. Promotes and supports a culture of total safety. Demonstrates commitment to conduct business honestly, ethically and consistent with our core values and Code of Conduct. Ensures duties are performed in accordance with all regulatory compliance obligations. Job Responsibilities Work cross-functionally to represent PSE in various market and policy forums. Analyze the impact of proposed market design initiatives, regulatory rule making, and market alternatives on PSE's organized market position. Draft policy and contract language that effectively communicates PSE's position for vendors, stakeholders, and management. Partner with trading, operations, and policy staff to utilize business intelligence and analysis to inform market strategy and management decision-making. Maintain knowledge of energy market dynamics, including renewable resource and energy usage trends, and perform fundamental market analysis. Support WUTC rate case filings by preparing testimony and responding to (and initiating) data requests from external stakeholders. Perform ad hoc analysis and other duties as assigned. Partner with trading, operations, and policy staff to utilize business intelligence and analysis to inform market strategy and management decision-making. Lead intermittent high-impact, high-dollar projects and efforts related to organized wholesale electric power market participation. Inform the refinement of third-party and in-house software configuration to reflect changes as needed. Duties will include researching and summarizing various stakeholder processes and regulatory proceedings, attending and leading meetings, drafting and distributing meeting summaries and presentations, reviewing and summarizing parties' comments, and working with PSE staff to draft and submit PSE comments where appropriate. Track and support PSE efforts to engage in clean energy policies, resource adequacy, transmission, and market development in the Western Interconnection. Self-starter and thrives in ambiguity. Minimum Qualifications Bachelor's degree in a relevant field. (Finance, Economics, Statistics, Engineering, or similar) Minimum 8 years work experience, with at least 4 as a quantitative analyst in the energy industry Proficiency with quantitative methods and concepts including regression analysis, Monte Carlo simulations, stress te