Energy Valuation & Risk Quantitative Analyst

ComEd; Oakbrook Terrace (IL); On-site; USD 75,000 - 103,000; Full time

Benefits offered by this job

401(k) match

Medical, dental and vision insurance

Generous paid time off

Employee Assistance Program

Tuition reimbursement

Job summary

ComEd is seeking a Quantitative Analyst for the Utility of the Future to design and develop proprietary simulation models supporting portfolio valuation, pricing, risk management, and strategic planning for innovative utility platform initiatives. You will collaborate with economists, financial engineers, risk analysts, and policy experts to apply quantitative techniques and assess model risks.

The role requires strong programming, statistics, and data analysis foundations, plus experience with

Qualifications

• Bachelor's degree in a quantitative field
• 2 to 4 years of relevant experience
• Thorough understanding of applied and financial mathematics concepts and techniques (including advanced statistical techniques)
• Ability to use a broad range of development languages (e.g. C/C++, Python, Perl, Matlab, etc.), and databases query languages
• Ability to quickly master industry fundamental concepts including energy commodity markets, portfolio valuation, and system dynamics
• Self-driven and able to work in (and lead) team sizes ranging from individual contribution to several members.

Responsibilities

• Leverage in-depth technical knowledge of predictive analytics, statistics, modelling techniques and simulation approaches to develop valuation, risk management, and pricing models.
• Conduct research and produce proof-of-concept demonstration systems to test new quantitative modeling approaches and solutions to complex problems.
• Translate quantitative and business concepts into efficient, robust, supportable system design and architecture.
• Partner with stakeholder analytics teams across ComEd and the Enterprise to expand the use and gather feedback on the models and systems.

Skills

Development languages (C/C++, Python,/

Analytical thinking

Communication & collaboration

Education

Bachelor's degree in quantitative field

Tools

Excel

Power BI

SQL

Python

Power Automate

Job description

ComEd is seeking a Quantitative Analyst for the Utility of the Future to design and develop proprietary simulation models supporting portfolio valuation, pricing, risk management, and strategic planning for innovative utility platform initiatives. You will collaborate with economists, financial engineers, risk analysts, and policy experts to apply quantitative techniques and assess model risks.

The role requires strong programming, statistics, and data analysis foundations, plus experience with