Pricing Manager in Power Markets, Quantitative Risk & Strategic Analysis
About The Position
Pricing Manager in Power Markets, Risk & Strategic Analysis Nodal Exchange is a derivatives exchange providing price, credit and liquidity risk management to participants in the North American commodity markets. Nodal Exchange is a leader in innovation, having introduced the largest sets of environmental and electric power futures and options contracts in the world. All transactions on Nodal Exchange (power, environmental and natural gas) are cleared through its wholly owned clearing house, Nodal Clear, using its award-winning portfolio margining methodology. Nodal Clear also clears a broad set of crypto futures contracts for Coinbase Derivatives Exchange. As leaders in innovation, Nodal Exchange and Nodal Clear have built in-house most of the trading and clearing platforms that fuel our business. Nodal Exchange is part of the EEX Group which is in turn part of the Deutsche Börse Group. We are now looking for talented, innovative individuals to join our team in Tysons Corner, VA (DC Metro area).
Requirements
- Bachelor’s degree or higher in quantitative finance, economics, statistics, applied mathematics, engineering or comparable area
- 6+ years of experience working in quantitative analytical roles, ideally in financial service industries
- 3+ years of experience in the power markets, such as power spot market and FTR market analysis. Experience in running power flow models and power grid analysis
- Proficient in scripting language, such as Python or R (at least one is required)
- Outstanding quantitative skills
- Strong problem-solving ability
- Strong communications skills
- Ability to work a hybrid schedule (3-days a week) onsite in Tysons Corner office
Nice To Haves
- Previous experience in financial risk management
Responsibilities
- Manage the daily forward curve construction of a large set of power futures and options contracts and continue improving the pricing process
- Enhance the futures pricing methodology through fundamental analysis of the underlying power markets
- Analyze multi-million row datasets, produce reports to communicate with senior management, and create tools to automate workflows
- Conduct research and synthesize information from a variety of sources, including the internal data, model outputs, and market/industry data and research reports, to monitor the competitive landscape and support the development of new power derivatives contracts and services
- Develop and assess risk management approaches for customer portfolios, including pricing and risk management models for existing and new power derivative contracts
- Manage inquiries from both internal (senior management and the Board) and external (customers and regulators) sources regarding the exchange operations
Benefits
- Nodal offers its employees a wide range of benefits designed to support health, well-being, and work-life balance: https://nodalexchange.pinpointhq.com
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What This Job Offers
Job Type
Full-time
Career Level
Manager
