Market Associate - Power Trading Analytics

Wood Mackenzie•Boston, MA

10d•$70,000 - $90,000•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 a mix of 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.
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 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 delivery of high-quality forecasts and analytics to customers by the entire team.
Operate daily models and support tools, including spatial, data visualization, and power flow applications, to identify and resolve power industry problems specific to an ISO market.
Understand and communicate current-day/next-day operational and financial risks to asset owners, traders, retailers, and others transacting in the markets to aid in asset optimization decisions.
Facilitate daily customer calls, discussing market questions and expectations with asset owners, traders, retailers, etc.
Lead customer trainings and product demonstrations for WoodMac Power Trading Analytics.
Provide insights and identify risks related to longer-term congestion patterns, transmission upgrades, and outages through quarterly seasonal outlooks.
Take ownership of initiatives focused on efficiencies and product development beyond routine daily operational tasks.
Run regional support workbooks daily and continuously enhance the granularity of information provided to the team and customers.
Manipulate large datasets to identify 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, lead, managers, and other decision-makers as requested, and advise on the effects of various courses of action for specific problems.