Structured Products Analyst

Tenaska•Irving, TX

14h

About The Position

Tenaska is seeking a Structured Products Analyst to research, analyze, price, and value opportunities identified by Trading, Origination, Energy Management, and other commercial groups. The role evaluates longer-term and complex transactions involving generation, renewable energy, storage, pipelines, gas supply, weather-triggered deals, delivery options, options, tolling resources, and custom physical and financial structures. The analyst uses spreadsheets, statistical software, simulation-based and closed-form models, and pro forma models to assess value, risk, and potential financial outcomes. The position develops and maintains structured-products valuation models, collaborates with commercial teams to improve or create deal structures and hedging strategies, and communicates proposals, assumptions, risks, and results to commercial teams and management. The role also supports advisory-service customers, other Tenaska business units, and ad hoc analytical requests, while managing multiple priorities in a fast-paced environment and building commercial knowledge of power and natural gas markets. Applicants must be legally authorized to work in the United States permanently without current or future employer sponsorship. Tenaska does not sponsor new or existing employment visas or permanent residence.

Requirements

Bachelor’s degree in a quantitative discipline such as Engineering, Finance, Economics, Mathematics, or Statistics.
At least 3 years of relevant experience.
Proficiency in Python programming.
Proficiency in Microsoft Office products, especially advanced Microsoft Excel and complex spreadsheet development.
Understanding of SQL, data structures, programmatic access to data through APIs, and version control.
Strong analytical and problem-solving skills.
Excellent written and verbal communication skills, including the ability to communicate effectively with colleagues, customers, and executive management.
Ability to manage multiple projects, coordinate competing priorities, work with limited supervision, and meet deadlines in a fast-paced environment.
Detail-oriented and organized, with a questioning attitude, strong work ethic, team orientation, and proactive approach to identifying and solving problems.
Legally authorized to work permanently in the United States without current or future employer sponsorship.

Nice To Haves

Master’s degree in business, economics, portfolio analytics, finance, engineering, or a related quantitative field.
Knowledge of statistics and statistical modeling techniques, including Monte Carlo simulation, portfolio modeling, scenario analysis, optimization, or stochastic modeling.
Energy-market experience, including knowledge of power or natural gas markets, regional electricity energy and capacity markets, transmission and ancillary service costs, storage and pipeline assets, market settlement, or environmental regulations.
Understanding of options, derivatives, valuation techniques, and hedging strategies.
Excellent relationship-building abilities and enthusiasm for engaging with customers and commercial partners.
Enthusiasm for working in an entrepreneurial, results-driven environment.
Demonstrated tenacity, adaptability, and resilience in dynamic or unstructured environments, with ownership of results.
Willingness to work extended hours as workload requires.

Responsibilities

Research, analyze, price, and value opportunities identified by Trading, Origination, Energy Management, and other commercial groups.
Analyze longer-term and complex transactions, including conventional and renewable generation, energy storage, storage and pipeline assets, gas supply options, weather-triggered deals, complex gas delivery options, call and put options, heat rate call options, tolling resources, and custom physical and financial deal structures.
Use spreadsheets, statistical software, simulation-based models, closed-form models, and pro forma models to develop ranges of values, risks, and potential financial outcomes for proposed transactions.
Develop and maintain structured-products valuation models, including Monte Carlo simulations, portfolio modeling, scenario analysis, optimization, and stochastic modeling, accommodating varying levels of data availability and quality.
Collaborate with Trading and Origination to identify alternatives, additions, or improvements to proposed deal structures.
Develop new deal structures by creating valuation techniques and hedging strategies.
Build compelling cases for proposed deals and communicate assumptions, risks, and results to commercial teams and management; support additional approval when required.
Provide analytical support to customers of advisory services, other Tenaska business units, and ad hoc requests.
Manage multiple deal valuations and analytical requests simultaneously in a dynamic, fast-paced environment while balancing competing priorities.
Build commercial acumen in power and natural gas markets and become a trusted analytical resource for Trading, Origination, Energy Management, and other commercial teams.
Maintain dependable, reliable, and predictable attendance.