What are the responsibilities and job description for the Sr. Quantitative Risk Analyst position at NextEra Energy?
Job Title: Quantitative Analyst
About the Role:
We are seeking a highly skilled Quantitative Analyst to join our team in trading risk management. As a quantitative analyst, you will be responsible for validating, crafting, and deploying quantitative models that assess risks intrinsic to energy and commodity markets.
Key Responsibilities:
* Construct, validate, and fine-tune sophisticated risk models spanning market, credit, and liquidity risk segments.
* Develop and implement algorithms or codes in other languages into efficient Python codes for weather derivatives and structured products.
* Undertake comprehensive scenario analyses and stress tests to gauge potential repercussions of adverse market conditions.
* Work closely with cross-functional squads to guarantee seamless integration of risk models.
* Mentor junior colleagues in best quantitative practices.
Requirements:
* Proven success on a leading power and gas trading floor as a quantitative analyst or related roles.
* Advanced degree in a quantitative discipline such as Financial Engineering, Mathematics, or related science and engineering fields.
* Strong programming skills in languages such as Python or SAS for conducting quantitative analysis (4 years).
* Excellent proficiency in Excel, Pivot tables, and SQL.
* Exposure to regulatory expectations and industry standards concerning risk management practices including model risk management.
* Understanding of physical trading, derivatives, and financial products.
* Professional passionate about risk management.
* Expert in Python programming and distributed computing.
* Experience with Energy Trading Risk Management systems and ZEMA Data system.
About Us:
NextEra Energy Marketing is one of the nation's leading electricity and natural gas marketers. We provide marketing and trading services to electric and gas utilities, municipalities, cooperatives, and other load-serving entities, as well as to owners of electric generation facilities.
About the Role:
We are seeking a highly skilled Quantitative Analyst to join our team in trading risk management. As a quantitative analyst, you will be responsible for validating, crafting, and deploying quantitative models that assess risks intrinsic to energy and commodity markets.
Key Responsibilities:
* Construct, validate, and fine-tune sophisticated risk models spanning market, credit, and liquidity risk segments.
* Develop and implement algorithms or codes in other languages into efficient Python codes for weather derivatives and structured products.
* Undertake comprehensive scenario analyses and stress tests to gauge potential repercussions of adverse market conditions.
* Work closely with cross-functional squads to guarantee seamless integration of risk models.
* Mentor junior colleagues in best quantitative practices.
Requirements:
* Proven success on a leading power and gas trading floor as a quantitative analyst or related roles.
* Advanced degree in a quantitative discipline such as Financial Engineering, Mathematics, or related science and engineering fields.
* Strong programming skills in languages such as Python or SAS for conducting quantitative analysis (4 years).
* Excellent proficiency in Excel, Pivot tables, and SQL.
* Exposure to regulatory expectations and industry standards concerning risk management practices including model risk management.
* Understanding of physical trading, derivatives, and financial products.
* Professional passionate about risk management.
* Expert in Python programming and distributed computing.
* Experience with Energy Trading Risk Management systems and ZEMA Data system.
About Us:
NextEra Energy Marketing is one of the nation's leading electricity and natural gas marketers. We provide marketing and trading services to electric and gas utilities, municipalities, cooperatives, and other load-serving entities, as well as to owners of electric generation facilities.
