Chesapeake Energy
Director - Fundamental and Quantitative Analysis
Chesapeake Energy, Spring, Texas, us, 77391
Director - Fundamental and Quantitative Analysis
Date: Nov 1, 2024
Location: Spring, TX, US, 77389
Company: Expand Energy
Our core values — stewardship, character, learn, collaborate, and disrupt — are the lens through which we evaluate every business decision. As a dynamic, growing company that offers extremely competitive compensation and benefits, our employees are our most valued assets and the foundation of Expand's performance among our E&P competitors.
We seek applicants from all backgrounds to ensure we get the best, most creative talent on our team. We realize that, historically, underrepresented groups feel the need to be 100% qualified in order to apply. If you meet any combination of our requirements, we encourage you to apply. We strive to hire people from a wide variety of backgrounds, not just because it’s the right thing to do, but because it makes our company stronger.
Job Summary
This director level position is responsible for developing and leading the Fundamental and Quantitative Analysis team responsible for tracking and modeling fundamental supply and demand drivers for domestic and international natural gas, LNG, NGLs, power and crude oil markets and for creating innovative risk solutions to assess risk and return of the portfolio, including asset pricing models, stochastic modeling and Monte Carlo simulations, Value-at-Risk (VaR) scenario stress testing, and liquidity analysis. In addition, this position is responsible for formulating, consolidating, and communicating a market Point of View and for leveraging that information to drive value creation across the enterprise.
Job Duties & Responsibilities
Build and lead the Fundamental and Quantitative Analysis teamDrive the design, development, and implementation of quantitative solutions to assess portfolio valuation and risk, including stochastic modeling, VaR, parametric VaR, VaR backtesting, scenario stress testing, liquidity analysis, and forward curve modelingDevelop Supply and Demand models for natural gas, LNG, power, crude oil and NGLsBuild and maintain natural gas pipeline flow models to anticipate constraints points, price dislocations, and arbitrage opportunitiesDevelop, calibrate, backtest, and maintain asset pricing models to assess fair economic value of real options, such as power and LNG tolling agreements, transportation contracts, natural gas storage capacity, LNG diversion optionality, and other structured energy products.Coordinate with Risk and Trading teams to interpret, analyze, and model complex portfolio risk, including long-term structured contracts with imbedded optionality to ensure accurate valuation and risk assessment utilizing Monte Carlo simulations and/or closed-form solutionsBuild and maintain Lower 48 natural gas production model for all key basins, evaluating initial production rates, rig counts, frac spreads, and decline curvesBuild tools to manipulate large data sets and enable data sharing across Risk, Trading, and MarketingSupport digitalization and automation to facilitate and accelerate the flow of information across the business and minimize manual tasksProvide direct and indirect supervision of personnel, participating in recruiting, development and trainingCollaborate with internal teams for integrating the market point of view into strategic initiatives
Job Specific Skills
Experience in a quantitative and/or fundamental analyst role within a financial or energy trading organization (3+ years or equivalent), preferred, with a comprehensive understanding of trading, risk, and financial modeling, derivatives, options, and hedging strategiesExcellent quantitative skills and knowledge in statistical methods, operational research, stochastic modeling, and Monte Carlo simulation techniquesStrong foundation in the valuation of energy derivative products, including forwards and futures contracts, volatility, correlations, basis markets, and simple and exotic optionsCapabilities for modeling structured energy transactions such as natural gas storage assets, pipeline transportation, gas processing agreements, heat rate options, and power transmissionSupport pre-deal evaluations and computation of performance metrics for trade books incorporating risk characteristicsExperience in coding languages with enable data gathering and transformation such as Python, SAS, or MATLABFamiliarity with ETRM trading systems such as Endur, Allegro, ZEMA, etc.Advanced Excel skills such as pivot tables, lookups, and VBA macrosPrevious experience with quantitative risk tools (i.e. FEA, Lacima, etc.)Strong analytical skills with experience in building models and forecastingAdvanced reasoning and problem solving, strategic thinking capability with excellent communication skills to effectively convey complex ideas to internal and external stakeholdersIn-depth understanding of the natural gas, power, crude oil, NGL and LNG markets, including value chains an infrastructuresWork with Origination, Risk Management, Trading and Marketing to produce and interpret modeled valuations and to respond to intra-day trading requests to price and evaluate structured transactionsAbility to provide on-the-job training, performance assessment, coaching, motivation, and career development to employeesKnowledge of administrative procedures and management principles involved in strategic planning, resource allocation, leadership technique, and the coordination of people and resourcesAbility to work under pressure with limited supervision, to formulate and articulate solutions, and to explain and defend modeling assumptions and outputContinuous improvement and learning mindset, utilizing tools to streamline and automate work to boost efficiencyAbility to ensure all employees are operating within all Expand Energy, state, and federal guidelines, policies, and regulations
Education
Minimum: Bachelor’s degree in quantitative discipline such as Financial Engineering, Mathematics, Statistics, Economics, or related science and engineering fields - from accredited university
Preferred: Master’s degree in quantitative field- from accredited university - Finance, Economics, Marketing, Business Management or related field
Experience
Minimum: 12 - 15 years related work experience in natural gas/LNG Industry
Hands on experience building and operating quantitative and stochastic models
Programming experience in Python, R, SQL, MATLAB, or similar
Knowledge of portfolio risk management principles
Knowledge of global energy markets, local regulatory agencies, public utility commissions, regional transmission grids, and natural gas pipeline systems
Expand Energy takes necessary action to ensure that all applicants are treated without regard to their race, color, religion, sex, sexual orientation, age, gender identity, national origin, genetic information, disability, pregnancy, military or veteran status or any other protected characteristic as established by law.
Expand Energy Corporation's operations are focused on discovering and developing its large and geographically diverse resource base of unconventional oil and natural gas assets onshore in the United States.
Nearest Major Market: Houston
Job Segment: Pipeline, Quantitative Analyst, Financial, Risk Management, Strategic Planning, Energy, Data, Finance, Strategy
Find similar jobs:
Oil & Gas Marketing, Comercialización de Petróleo & Gas
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© 2024 Expand Energy. All rights reserved.
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We use the following session cookies, which are all required to enable the website to function:
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Date: Nov 1, 2024
Location: Spring, TX, US, 77389
Company: Expand Energy
Our core values — stewardship, character, learn, collaborate, and disrupt — are the lens through which we evaluate every business decision. As a dynamic, growing company that offers extremely competitive compensation and benefits, our employees are our most valued assets and the foundation of Expand's performance among our E&P competitors.
We seek applicants from all backgrounds to ensure we get the best, most creative talent on our team. We realize that, historically, underrepresented groups feel the need to be 100% qualified in order to apply. If you meet any combination of our requirements, we encourage you to apply. We strive to hire people from a wide variety of backgrounds, not just because it’s the right thing to do, but because it makes our company stronger.
Job Summary
This director level position is responsible for developing and leading the Fundamental and Quantitative Analysis team responsible for tracking and modeling fundamental supply and demand drivers for domestic and international natural gas, LNG, NGLs, power and crude oil markets and for creating innovative risk solutions to assess risk and return of the portfolio, including asset pricing models, stochastic modeling and Monte Carlo simulations, Value-at-Risk (VaR) scenario stress testing, and liquidity analysis. In addition, this position is responsible for formulating, consolidating, and communicating a market Point of View and for leveraging that information to drive value creation across the enterprise.
Job Duties & Responsibilities
Build and lead the Fundamental and Quantitative Analysis teamDrive the design, development, and implementation of quantitative solutions to assess portfolio valuation and risk, including stochastic modeling, VaR, parametric VaR, VaR backtesting, scenario stress testing, liquidity analysis, and forward curve modelingDevelop Supply and Demand models for natural gas, LNG, power, crude oil and NGLsBuild and maintain natural gas pipeline flow models to anticipate constraints points, price dislocations, and arbitrage opportunitiesDevelop, calibrate, backtest, and maintain asset pricing models to assess fair economic value of real options, such as power and LNG tolling agreements, transportation contracts, natural gas storage capacity, LNG diversion optionality, and other structured energy products.Coordinate with Risk and Trading teams to interpret, analyze, and model complex portfolio risk, including long-term structured contracts with imbedded optionality to ensure accurate valuation and risk assessment utilizing Monte Carlo simulations and/or closed-form solutionsBuild and maintain Lower 48 natural gas production model for all key basins, evaluating initial production rates, rig counts, frac spreads, and decline curvesBuild tools to manipulate large data sets and enable data sharing across Risk, Trading, and MarketingSupport digitalization and automation to facilitate and accelerate the flow of information across the business and minimize manual tasksProvide direct and indirect supervision of personnel, participating in recruiting, development and trainingCollaborate with internal teams for integrating the market point of view into strategic initiatives
Job Specific Skills
Experience in a quantitative and/or fundamental analyst role within a financial or energy trading organization (3+ years or equivalent), preferred, with a comprehensive understanding of trading, risk, and financial modeling, derivatives, options, and hedging strategiesExcellent quantitative skills and knowledge in statistical methods, operational research, stochastic modeling, and Monte Carlo simulation techniquesStrong foundation in the valuation of energy derivative products, including forwards and futures contracts, volatility, correlations, basis markets, and simple and exotic optionsCapabilities for modeling structured energy transactions such as natural gas storage assets, pipeline transportation, gas processing agreements, heat rate options, and power transmissionSupport pre-deal evaluations and computation of performance metrics for trade books incorporating risk characteristicsExperience in coding languages with enable data gathering and transformation such as Python, SAS, or MATLABFamiliarity with ETRM trading systems such as Endur, Allegro, ZEMA, etc.Advanced Excel skills such as pivot tables, lookups, and VBA macrosPrevious experience with quantitative risk tools (i.e. FEA, Lacima, etc.)Strong analytical skills with experience in building models and forecastingAdvanced reasoning and problem solving, strategic thinking capability with excellent communication skills to effectively convey complex ideas to internal and external stakeholdersIn-depth understanding of the natural gas, power, crude oil, NGL and LNG markets, including value chains an infrastructuresWork with Origination, Risk Management, Trading and Marketing to produce and interpret modeled valuations and to respond to intra-day trading requests to price and evaluate structured transactionsAbility to provide on-the-job training, performance assessment, coaching, motivation, and career development to employeesKnowledge of administrative procedures and management principles involved in strategic planning, resource allocation, leadership technique, and the coordination of people and resourcesAbility to work under pressure with limited supervision, to formulate and articulate solutions, and to explain and defend modeling assumptions and outputContinuous improvement and learning mindset, utilizing tools to streamline and automate work to boost efficiencyAbility to ensure all employees are operating within all Expand Energy, state, and federal guidelines, policies, and regulations
Education
Minimum: Bachelor’s degree in quantitative discipline such as Financial Engineering, Mathematics, Statistics, Economics, or related science and engineering fields - from accredited university
Preferred: Master’s degree in quantitative field- from accredited university - Finance, Economics, Marketing, Business Management or related field
Experience
Minimum: 12 - 15 years related work experience in natural gas/LNG Industry
Hands on experience building and operating quantitative and stochastic models
Programming experience in Python, R, SQL, MATLAB, or similar
Knowledge of portfolio risk management principles
Knowledge of global energy markets, local regulatory agencies, public utility commissions, regional transmission grids, and natural gas pipeline systems
Expand Energy takes necessary action to ensure that all applicants are treated without regard to their race, color, religion, sex, sexual orientation, age, gender identity, national origin, genetic information, disability, pregnancy, military or veteran status or any other protected characteristic as established by law.
Expand Energy Corporation's operations are focused on discovering and developing its large and geographically diverse resource base of unconventional oil and natural gas assets onshore in the United States.
Nearest Major Market: Houston
Job Segment: Pipeline, Quantitative Analyst, Financial, Risk Management, Strategic Planning, Energy, Data, Finance, Strategy
Find similar jobs:
Oil & Gas Marketing, Comercialización de Petróleo & Gas
Privacy (https://www.expandenergy.com/privacy-policy/)TermsView All Jobs
+
+
© 2024 Expand Energy. All rights reserved.
Cookie Consent Manager
When you visit any website, it may store or retrieve information on your browser, mostly in the form of cookies. Because we respect your right to privacy, you can choose not to allow some types of cookies. However, blocking some types of cookies may impact your experience of the site and the services we are able to offer.
Required Cookies
These cookies are required to use this website and can't be turned off.
Show More Details
Required Cookies
Provider
Description
Enabled
SAP as service provider
We use the following session cookies, which are all required to enable the website to function:
"route" is used for session stickiness"careerSiteCompanyId" is used to send the request to the correct data center"JSESSIONID" is placed on the visitor's device during the session so the server can identify the visitor"Load balancer cookie" (actual cookie name may vary) prevents a visitor from bouncing from one instance to another