Quantitative Research Analyst

Xcel Energy • Minneapolis, MN

1d

About The Position

Are you looking for an exciting job where you can put your skills and talents to work at a company you can feel proud to be a part of? Do you want a workplace that will challenge you and offer you opportunities to learn and grow? A position at Xcel Energy could be just what you’re looking for. Provide analytical and data support to the Grid Strategy and Emerging Technology team within the Integrated System Planning organization. This role will work primarily on the integration of changing customer behaviors and multiple customer facing program offerings into the traditional utility planning processes for natural gas, generation, transmission and distribution. Customer program offerings include energy efficiency, demand response, beneficial electrification, transportation electrification, distributed storage, virtual power plants, non-pipes alternatives and non-wires alternatives. This role will leverage your experience and skills to clean, analyze and visualize data from multiple sources and tools. A successful candidate will be proficient in SQL, Python, Salesforce with added benefit coming from experience with Pyspark/Apache spark and Power BI. Position Summary Participate in econometrics, technical, statistical, and intuitive expert consulting group that gives technical expertise and support to multiple business units. Responsible for discovering insights from load research data through the use of statistical, algorithmic, mining and visualization techniques. Oversees and supports the work of lower-level load research analysts. Provide timely and accurate load and gas research analysis.

Requirements

• Bachelor of Science or Bachelor of Arts degree in economics, engineering, mathematics, physics, quantitative analysis, business or a related discipline, or equivalent experience (two years professional related experience equivalent to one year of college), in addition to 5 years or more of electric utility or equivalent experience.
• Quantitative analysis skills and experience with or the ability to learn SAS, Python, R or similar analytics software platforms.
• Able to handle multiple assignments with a high level of attention to detail.

Nice To Haves

• Graduate degree is desirable.
• A successful candidate will be proficient in SQL, Python, Salesforce with added benefit coming from experience with Pyspark/Apache spark and Power BI.

Responsibilities

• Prepare and guide other analysts in the preparation of all major load research, analytics endeavors, and departmental load analysis responsibilities.
• Be an advocate for integrity of internal historical data, subscription data, and forecast data.
• Perform company's load research studies for use by various departments consistent with industry standards.
• Prepare strategic statistical analysis, reports, and actionable recommendations on the electric and gas load characteristics within all state service territories as input to rate cases, system planning, and compliance.
• Work with the Manager of Load Research and various business units to ensure accurate Load Research, analytics, and load analysis in a regulated environment.
• Coordinate with business units and provide them expert technical, statistical, and regulatory advice in meeting their business needs.
• Respond to requests for analyses by business units and for regulatory filings.
• Help produce forecasting and risk assessment proposals, analyses, and summary reports to support various business unit objectives.
• Conduct ad hoc analysis and load research projects.
• Plan, design, and implement strategic load research projects.
• Prepare statistical analysis, reports, and actionable recommendations on the electric and gas load characteristics within company's entire multi-state service territories as input to rate cases, system planning, and compliance.
• Ensure that results of load and gas studies are an accurate key input to rate class cost of service studies, pricing design, peak forecasting, DSM/load management program planning, transmission and distribution system planning, and power purchases.

Benefits

• Spot On Bonus
• Medical/Pharmacy Plan
• Dental
• Vision
• Life Insurance
• Dependent Care Reimbursement Account
• Health Care Reimbursement Account
• Health Savings Account (HSA) (if enrolled in eligible health plan)
• Limited-Purpose FSA (if enrolled in eligible health plan and HSA)
• Transportation Reimbursement Account
• Short-term disability (STD)
• Long-term disability (LTD)
• Employee Assistance Program (EAP)
• Fitness Center Reimbursement (if enrolled in eligible health plan)
• Tuition reimbursement
• Transit programs
• Employee recognition program
• Pension
• 401(k) plan
• Paid time off (PTO)
• Holidays
• Volunteer Paid Time Off (VPTO)
• Parental Leave Benefit plans are subject to change and Xcel Energy has the right to end, suspend, or amend any of its plans, at any time, in whole or in part.

What This Job Offers

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