What are the responsibilities and job description for the Senior Manager, Market Analytics position at Jupiter Power?
Job Description
Job Description
Salary : Description
Jupiter Power is looking to grow its Market Operations team with the addition of a Senior Manager, Market Analytics. The Senior Manager, Market Analytics will report to the Vice President, Market Analytics and be responsible for developing and executing quantitative models used to inform Jupiter Powers structured product strategy.
The role will be based out of our Austin or Houston, TX office locations and subject to our return-to-office policy, which currently requires employees to work out of the office a minimum of three days per week.
Responsibilities
- Develop and execute quantitative models to support development of structured products designed around energy storage operating parameters, including standard products such as fixed-for-floating swaps, put and call options, super-peak blocks, in addition to innovating new products.
- Implement stochastic modeling methods to evaluate the use and benefit of energy storage combined with other forms of generation or loads, such as intermittent renewable generation firming, management of locational price or shape risk, and optimization of environmental outcomes, e.g. locational marginal emissions and hourly energy attribute certificates.
- Collaborate with Jupiters Market Operations team to develop modeling techniques that evaluate how portfolio-level products may be structured to enhance Jupiters merchant trading book using physical or financial transactions.
- Represent Market Analytics in cross-team coordination regarding risk policy, operational, commercial, and other considerations pertinent to structured product modeling and marketing.
- Collaborate with the Applications Analytics team to standardize certain commercial structures and modeling approaches within the Jupiter applications platform such that these model configurations are available for routine opportunity assessment.
- Evaluate and propose third-party data sources and software solutions to enhance the robustness and efficiency of structured product quantitative assessments.
- Work closely with Market Analytics colleagues to maintain consistency of price and model configuration assumptions feeding into Jupiter financial models and reporting.
- Implement best-practice data management and modelling methodologies to position Jupiter Power as a market leader in energy storage evaluation and operational strategies for combined energy storage / generation / industrial load profiles.
- Contribute to Market Analytics team recommendations for use by Jupiters management, investors, and Board of Directors to support the evaluation of commercial opportunities and investment decisions.
- Jupiter seeks individuals eager to develop their core professional knowledge, learn new areas of the business and take on additional responsibilities within Jupiters dynamic team. Secondary responsibilities will be tailored to individual candidate backgrounds as well as company priorities.
Competency Statement(s)
Requirements
Preferred Skills
Education
Experience
Physical requirements and environment :
This role is office-based with limited travel required. Candidates will be required to sit or stand for extended periods of time, and must be able to lift up to ten pounds repetitively.
Candidates will be required to pass a pre-employment background investigation and may be subject to drug tests as a condition of employment.