TL;DR

Senior Quantitative Analyst (Renewable Energy): Conducting quantitative risk analysis for renewable projects and power purchase agreements with an accent on developing and maintaining statistical models. Focus on assessing risks related to renewable energy credits and capacity deals.

Location: Onsite in Houston, TX

Company

AES is a Fortune 500 company leading the global energy revolution with a commitment to innovation and sustainability.

What you will do

Support the execution of the company’s strategy by providing analytical support of the risk around structured transactions.
Perform historical analysis of electricity market prices to value basis risk in projects.
Forecast hourly prices based on historical information and fundamental bases.
Develop risk models to value the combined uncertainty of wind and solar generation.
Implement storage bidding models and strategy.
Manage tools, systems, and reports to support decision making.

Requirements

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 and US power/commodity markets.
Understanding of renewable generation technology, especially solar and battery storage.
Strong grasp of cash flow and risk management principles.
Experience with financial modeling and programming (Python, C++, R, SQL).