Market Associate - Power Trading Analytics

Wood Mackenzie•Boston, MA

5d•$75,000 - $85,000•Onsite

About The Position

Wood Mackenzie is seeking a full-time Market Associate to join its Power Trading Analytics (PTA) team. This team focuses on North American power market fundamentals, price forecasting, asset valuation, and strategy, providing highly utilized data, reports, and insights. The PTA team's expertise in the North American power market is crucial for clients navigating the energy transition. The Market Associate will possess a strong analytical background and developing expertise in the power industry. The ideal candidate is detail-oriented, intellectually curious, commercially savvy, and comfortable presenting to clients. This role involves distilling complex information into simple, actionable analytics and delivering industry-leading short-term power outlooks using proprietary and public data.

Requirements

Bachelor’s degree in economics, finance, math, stats, or energy-related discipline
Previous experience in a power or trading vertical
2+ years of business or professional work experience
Ability to lead and train entry-level associates and analysts
Committed to contributing to a welcoming and inclusive environment, sensitive to diverse perspectives, and passionate about equity in the workplace.

Nice To Haves

Experience in using programming languages such as Python, Visual Basic, or comparable languages
Relevant ERCOT, MISO, or SPP experience

Responsibilities

Participate in and lead the daily operational tasks with the Market Associate/Analyst group.
Ensure high-quality forecasts and analytics are provided to customers from the entire team.
Operate models and support tools daily that include spatial, data visualization, and power flow applications to identify and solve problems in the power industry-specific to an ISO market.
Responsible for understanding and communicating Current-day/Next-day operational and financial risk to Asset owners, traders, retailers, etc. transacting in the markets daily, to assist them in making asset optimization decisions.
Facilitate daily customer calls, talking asset owners, traders, retailers, etc. through their market questions and expectations.
Lead customer trainings and demos on WoodMac Power Trading Analytics products.
Provide insights and risks associated with longer-term congestion patterns, transmission upgrades, and outages through quarterly seasonal outlooks.
Ownership of initiatives related to efficiencies and products outside of routine daily operational tasks.
Run regional support workbooks daily and continuously improve the level of granularity provided to the team and customer.
Manipulate large datasets and determine correlations and relationships between potential market drivers, prices, and events.
Improve current processes by automating critical tasks using macros (visual basic/Python).
Present the team’s ISO desk, lead, managers, and other decision-makers with research projects/presentations, memos, or reports on market-relevant topics as requested and advise on the effects of various courses of action relevant to specific problems.