Senior Northeast Power Analyst

ExxonMobil

10d•Onsite

About The Position

We are continuing to expand our global trading organization and rapidly building our analytical capabilities. We are looking for passionate individuals with an entrepreneurial mind-set to drive change in our business, and who enjoy working in dynamic, collaborative, and diverse global teams. Currently we have an opportunity for an experienced Northeast Power Analyst to be part of our Global Trading Analytics team. The role will work very closely with our teams on the trading floor and is based in our Houston, Texas Spring Campus.

Requirements

Bachelor’s Degree (or equivalent) in a numeric discipline e.g. Engineering, Science, Economics, Finance, Mathematics or Statistics (or hold other relevant industry experience)
Previous experience in the North American wholesale power industry or related consultancy experience
Experienced in developing power price forecasts using stack modelling tools, within a trading or consultancy environment to inform trading strategies
Experience in U.S. power fundamentals analysis & advanced analytical methods
Demonstrable analytical/innovative thinking expertise, intellectual rigor, drive, and desire to lead change
Experience working with dispatch/stack models, Eikon, Bloomberg, other databases and analytical/visualization tools
Strong communication & interpersonal skills

Nice To Haves

Established knowledge of data modelling and proficiency with R, Python or Matlab would be beneficial but not essential
Familiar with the modelling of physical power assets, regional transmission constraints, capacity markets, and an in depth knowledge of at least one major Northeast U.S. ISO (PJM, ISO NE, or NYISO), with a keen interest to learn about broader North American power markets.
Experience in other commodities would also be beneficial.

Responsibilities

Provide market expertise, fundamental analysis, statistical modelling and opportunity & risk identification to support power trading, structuring, and origination activities focused on the Northeast U.S. power markets.
Take responsibility for understanding and analyzing ExxonMobil’s North American power exposure as we support our business in navigating the evolving U.S. power landscape. This includes analyzing regional market fundamentals, nodal and zonal dynamics, power generation assets, congestion patterns, and forward market drivers across ISOs such as PJM, ISO NE, and NYISO.
Help us capture additional value by advising on trading strategies, the optimization of power positions, and the identification and structuring of new opportunities.
Leveraging detailed market understanding to recommend profitable trading, optimization, and business development strategies.
Researching, analyzing and interpreting fundamental drivers across the Northeast U.S. power markets, and translating these into market views and forward price outlooks to drive trading strategies.
Leading the development & improvement of analytical tools.
Development and/or enhancement of existing analytical tools to improve insights from market fundamentals.
Remaining knowledgeable about leading-edge developments, analytical techniques, technologies and tools in advanced analytics.
Valuation and cash flow modelling of both potential projects and structured deals, to support investment cases and commercial decision-making.