Quant Modeler

Pexapark • Capon Bridge, WV

7d • Hybrid

About The Position

Pexapark is the price intelligence platform for clean energy. Covering solar, wind, and battery storage across more than 20 countries, Pexapark helps clean energy buyers, sellers, and investors navigate increasingly complex power markets with confidence. To do this, the company combines market-based insights and pricing solutions with expert-led transaction facilitation.
Unlike fundamental assumptions or infrequent RFPs, Pexapark is powered by real market data sourced on an ongoing basis from more than a hundred counterparties. This enables Pexapark to provide a market consensus view on otherwise non-transparent contracts. As a result, both new entrants and experienced players trust Pexapark to connect the dots across every stage of clean energy commercialization – from pre-transaction analysis, to price negotiation, to post-transaction performance and exposure management.
Founded in 2017 by power traders, Pexapark has facilitated over 40,000 megawatts of transactions and currently serves more than 250 customers across Europe and the US.
As a Quant Modeler, you are directly involved in developing and improving the models behind Pexapark’s award-winning software products. As part of the Quant Modeling Team, you will work on a wide range of methodological challenges to help Pexapark’s customers address various investment topics, ranging from asset valuation to portfolio risk metrics and the valuation of complex energy derivatives.
If you bring excellent coding and quantitative skills, as well as experience working with complex business-oriented data models, we look forward to talking to you.

Requirements

• A background in computer science, physics, mathematics, or engineering, with a strong affinity for coding, software development, and mathematical modeling
• Strong mathematical proficiency, ideally including stochastic modeling
• Experience with numerical programming languages, ideally Python
• Familiarity with databases, cloud computing, and software development tools
• 3–5 years of experience in energy markets, ideally focused on renewable power valuation and risk management
• A good sense of humor

Responsibilities

• Integrate valuation algorithms and new simulation models into Pexapark’s quant library
• Contribute to the integration of our software products by exposing quant capabilities across platforms
• Expand Pexapark’s data warehouse to manage a growing suite of data series, calibrated models, and indices
• Collaborate with Pexapark’s IT team to drive integration and connectivity between the quant library and Pexapark’s software products

Benefits

• The opportunity to influence major decisions in the energy sector, supporting the transition to net zero
• A highly flexible environment with hybrid working options
• Options for equity participation in our company
• Company-wide events, including PEXA parties
• A fun scale-up culture made up of an internationally diverse team of renewable energy experts and seasoned professionals
• A company bonus scheme or company incentive plan

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Education Level: No Education Listed
• Number of Employees: 101-250 employees