Structured Products Analyst

Tenaska•Irving, TX

About The Position

The Structured Products Analyst provides analytics, risk assessment, and valuation of complex structured transactions across power and natural gas markets. The position works with Trading, Origination, Energy Management, Market Risk, and other commercial teams to evaluate conventional and renewable generation, energy storage, storage and pipeline assets, gas supply options, weather-triggered transactions, options, tolling resources, and other custom physical and financial deal structures. The analyst develops and uses spreadsheet, statistical, simulation-based, closed-form, and pro forma models, and performs scenario and stochastic analysis to estimate ranges of potential financial outcomes. The role communicates complex concepts and results to commercial teams and management and may provide a path toward future commercial opportunities within Trading, Origination, or other areas of the business. Applicants must be legally authorized to work in the United States permanently without current or future employer sponsorship. Tenaska does not sponsor new employment visas or assume sponsorship of existing employment visas.

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, particularly 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 in the United States on a permanent basis 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.
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 involving generation, energy storage, storage and pipeline assets, gas supply options, weather-triggered deals, gas delivery options, call and put options, heat rate call options, tolling resources, and custom physical and financial deal structures.
Use spreadsheet, statistical, simulation-based, closed-form, and pro forma models to estimate 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, using data with varying levels of 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 clear 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 while balancing competing priorities in a dynamic, fast-paced environment.
Develop commercial acumen in power and natural gas markets and become a trusted analytical resource for commercial teams.
Maintain dependable, reliable, and predictable attendance.