Quantitative Analyst I, II, or Senior

ACES • Carmel, IN

2d

About The Position

The Quantitative Analyst will develop, maintain, and enhance portfolio optimization and risk models. The role also involves interacting with clients to identify portfolio risk exposures and helping evaluate hedging strategies that support business objectives. Success requires strong organizational and prioritization skills, a problem-solving mindset, and the ability to apply quantitative best practices to produce meaningful insights. The position is based in Carmel, Indiana, and may be filled at Analyst I, Analyst II, or Senior level based on experience.

Requirements

• Bachelor’s degree or higher in mathematics, economics, finance, computer science, or an appropriate discipline.
• Experience in quantitative study, finance, or the energy industry, such as system operations, trading, or asset structuring.
• Knowledge of ISO/RTO markets and industry fundamentals, including operating procedures, buying and selling energy, asset valuations, and position management.
• Foundational understanding of statistics, mathematics, and finance.
• Strong analytical and technical skills, including the ability to organize and interpret data and use complex models.
• Experience with Microsoft Excel.
• Excellent written and oral communication skills.
• For Quantitative Analyst I: at least 1 year of experience.
• For Quantitative Analyst II: 3 or more years of experience, or 1 or more years with an applicable master’s degree, or a Ph.D.
• For Senior Quantitative Analyst: 5 or more years of experience, or 2 or more years with an applicable advanced degree.
• For Quantitative Analyst II and Senior Quantitative Analyst: demonstrated ability to investigate and solve issues as they arise.
• For Senior Quantitative Analyst: ability to work independently, lead collaborative teams, and serve as a subject matter expert.
• For Senior Quantitative Analyst: proficiency in Microsoft Excel, including macros, pivot tables, and advanced functions.

Nice To Haves

• Experience with applicable programming languages such as R, SQL, and Python.
• For Senior Quantitative Analyst: a master’s degree or higher.

Responsibilities

• Conduct quantitative analysis to assist clients with managing physical, financial, and market risk exposures.
• Build and maintain stochastic energy portfolio optimization models.
• Provide scheduled and ad-hoc reports to clients and senior management, including detailed analysis of portfolio cost, hedge position, and risk metrics.
• Assist in evaluating hedging strategies, structured transactions, and long-term asset developments.
• Communicate with clients to understand and address new and ongoing analytical needs.
• Collaborate within and across teams to share and manage data and innovate data solutions.
• Travel as needed.
• Adhere to ACES corporate policies and applicable regulatory requirements, including NERC, FERC, and relevant state regulations.
• Perform additional responsibilities assigned by management.

What This Job Offers

• Job Type: Full-time
• Career Level: Entry Level