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Prin Quantitative Analyst
- Exelon (Washington, DC)
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Who We Are
We're powering a cleaner, brighter future.
Exelon is leading the energy transformation, and we're calling all problem solvers, innovators, community builders and change makers. Work with us to deliver solutions that make our diverse cities and communities stronger, healthier and more resilient.
We're powered by purpose-driven people like you who believe in being inclusive and creative, and value safety, innovation, integrity and community service. We are a Fortune 200 company, 19,000 colleagues strong serving more than 10 million customers at six energy companies -- Atlantic City Electric (ACE), Baltimore Gas and Electric (BGE), Commonwealth Edison (ComEd), Delmarva Power & Light (DPL), PECO Energy Company (PECO), and Potomac Electric Power Company (Pepco).
In our relentless pursuit of excellence, we elevate diverse voices, fresh perspectives and bold thinking. And since we know transforming the future of energy is hard work, we provide competitive compensation, incentives, excellent benefits and the opportunity to build a rewarding career.
Are you in?
Primary Purpose
PRIMARY PURPOSE OF POSITION
The Principal Quantitative Analyst for T&S Strategy & Development will deliver descriptive, predictive and prescriptive analyses, simulations and models to support portfolio valuation, pricing, efficiency, risk management, regulatory alignment, and overall strategic planning for PSC Transmission & Substation initiatives. As a member of the T&S Business Analytics team, the successful candidate will collaborate directly with industry experts, company leadership, principals, financial engineers, risk analysts, and policy experts. Candidate will apply quantitative techniques to measure and analyze initiative risks and returns to form opinions on the strengths and limitations of the respective models, projects and programs. A solid understanding of traditional valuation and risk/return modeling techniques along with a strong foundation in programing, statistical methods, and data analysis is essential.
Primary Duties
PRIMARY DUTIES AND ACCOUNTABILITIES
+ Leverage in-depth technical knowledge of predictive analytics, statistics, modelling techniques and simulation approaches to develop benefit vs cost, forecast, risk management, and pricing models.
+ Conduct research and produce proof-of-concept demonstrations to evaluate new quantitative modeling approaches and solutions to complex problems
+ Translate quantitative and business concepts into efficient, robust, supportable system designs and architectures
+ Provide leadership, training, and mentorship to less experienced technical analysts on the team and in the organization
+ Partner with IT to develop complex data structures and a business intelligence platform for reporting end user data mining
+ Partner with stakeholder analytics teams across Exelon Enterprise to expand the use of and gather feedback on the most productive models and systems
Job Scope
JOB SCOPE
+ Reports to Manager Business Analytics, T&S Strategy & Development
+ Works under minimal supervision, relying on knowledge, skills and judgment acquired through education and relevant experience to plan and accomplish assigned tasks and goals
Minimum Qualifications
MINIMUM QUALIFICATIONS
+ Bachelor's degree in quantitative field OR in lieu of Bachelor's degree, 9-12 years of relevant business experience
+ 8 to 10 years of relevant experience
+ Thorough understanding of applied and financial mathematics concepts and techniques (including advanced statistical techniques)
+ Ability to use a broad range of development languages (e.g. C/C++, Python, Perl, Matlab, etc.), and databases query languages
+ Ability to quickly master industry fundamental concepts including energy commodity markets, portfolio valuation, and system dynamics
+ Should be self-driven and able to work in (and lead) team sizes ranging from individual contribution to several members.
Preferred Qualifications
PREFERRED QUALIFICATIONS
+ Master's degree and or multiple advanced certifications in the quantitative field (tools & techniques)
+ Prior Energy and/or regulatory industry experience in electric utility transmission, substation or distribution business analytics
+ In-depth experience with large-data, quantitative analysis tools and systems (SQL, Python, Java, MS Azure, Power BI, Anaconda, Jupyter, others)
+ Experience developing advanced quantitative analyses and/or risk models to support senior utility leadership business strategies.
+ Experience with CASCADE
Benefits
+ Annual salary will vary based on a candidate’s skills, qualifications, experience, and other factors: $112,000.00/Yr. – $154,000.00/Yr.
+ Annual Bonus for eligible positions: 20%
+ 401(k) match and annual company contribution
+ Medical, dental and vision insurance
+ Life and disability insurance
+ Generous paid time off options, including vacation, sick time, floating and fixed holidays, maternity leave and bonding/primary caregiver leave or parental leave
+ Employee Assistance Program and resources for mental and emotional support
+ Wellbeing programs such as tuition reimbursement, adoption and surrogacy assistance and fitness reimbursement
+ Referral bonus program
+ And much more
Note: Exelon-sponsored compensation and benefit programs may vary or not apply based on length of service, job grade, job classification or represented status. Eligibility will be determined by the written plan or program documents.
Exelon is proud to be an equal opportunity employer and employees or applicants will receive consideration for employment without regard to: age, color, disability, gender, national origin, race, religion, sexual orientation, gender identity, protected veteran status, or any other classification protected by federal, state, or local law. If you are an individual with a disability and need an accommodation to complete the application, please email us at [email protected].
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