Market Associate - Power Trading Analytics

Wood Mackenzie•Boston, MA

4d•Onsite

About The Position

Wood Mackenzie is looking for a full-time Market Associate to join their Power Trading Analytics (PTA) team. The PTA team focuses on North American power market fundamentals, price forecasting, asset valuation, and strategy, providing highly utilized data, reports, and insights. Their expertise in the North American power market aids clients during the energy transition. The Market Associate will possess a strong analytical background and growing expertise in the power industry. The ideal candidate is detail-oriented, intellectually curious, commercially savvy, and comfortable presenting to clients. This role involves delivering industry-leading short-term power outlooks using proprietary and public data.

Requirements

Bachelor’s degree in economics, finance, math, stats, or an 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.
Commitment to contributing to a welcoming and inclusive environment, sensitivity to diverse perspectives, and passion for 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 daily operational tasks within the Market Associate/Analyst group.
Ensure the team provides high-quality forecasts and analytics to customers.
Operate models and support tools daily, including spatial, data visualization, and power flow applications, to identify and solve problems in power industry-specific ISO markets.
Understand and communicate current-day/next-day operational and financial risks to asset owners, traders, retailers, etc., to aid in asset optimization decisions.
Facilitate daily customer calls, addressing market questions and expectations for asset owners, traders, retailers, etc.
Lead customer trainings and demos on Wood Mackenzie Power Trading Analytics products.
Provide insights and risks associated with longer-term congestion patterns, transmission upgrades, and outages through quarterly seasonal outlooks.
Take ownership of initiatives related to efficiencies and products beyond routine daily operational tasks.
Run regional support workbooks daily and continuously improve the level of granularity provided to the team and customers.
Manipulate large datasets to determine correlations and relationships between potential market drivers, prices, and events.
Improve current processes by automating critical tasks using macros (Visual Basic/Python).
Present research projects, presentations, memos, or reports on market-relevant topics to the ISO desk, leadership, managers, and other decision-makers, and advise on the effects of various courses of action relevant to specific problems.