American utility scale solar and energy storage project developer based in San Francisco is seeking a quantitative or risk commodity professional with expertise in power markets. The Quant Risk Manager will be responsible for modeling congestion, merchant revenues, and hedging products (FTR/CRR) for risk mitigation purposes. Additionally they will conduct analysis to support financial and physical PPAs (power purchase agreements). Finally, the Quant Risk Manager will serve as the lead for portfolio market risk analytics.
Responsibilities
-Structure and assess hedging strategies for congestion risk mitigation
-Conduct market risk portfolio analytics
-Develop congestion models
-Provide deal structure recommendations
Requirements
-5 to 15 years' experience in commodities
-Sound knowledge of power markets & RTO markets
-Programming ability in Python, C++, R, or Matlab
-Experience building congestion models
Location: Role can be based in San Francisco, CA or Austin, TX
