Market Analyst - Power Trading Analytics

Wood Mackenzie; Boston (MA); On-site; USD 108,000 - 132,000; Full time

Job summary

Wood Mackenzie, a global analytics leader in energy and natural resources, is seeking a Market Analyst for its Power Trading Analytics team in Boston. The role focuses on short-term power outlooks, asset valuation, and market risk analysis, leveraging both proprietary and public data.

The ideal candidate will have a quantitative background, 2+ years in power/trading, and programming familiarity (Python/Visual Basic).

Qualifications

• Bachelor's degree in economics, finance, math, statistics, or energy discipline.
• Strong analytical and data synthesis abilities.
• Experience in power or trading markets is preferred.

Responsibilities

• Lead daily operational tasks within the Market Associate/Analyst group.
• Deliver high-quality short-term power outlooks using proprietary and public data.
• Operate data visualization and power-flow tools to identify market signals.
• Communicate risks and opportunities to asset owners, traders, and retailers.
• Present research findings to ISO desks, managers and senior stakeholders.

Skills

Analytical thinking

Power market knowledge

Mentoring/leadership

Python

Visual Basic

Education

Bachelor's degree in economics, finance, math, stats, or energy-related discipline

Tools

Python

Visual Basic

Job description

Wood Mackenzie is the global leader in analytics, insights and proprietary data across the entire energy and natural resources landscape.For over 50 years our work has guided the decisions of the world’s most influential energy producers, utilities companies, financial institutions and governments.Now, with the world’s energy system more complex and interconnected than ever before, sector-specific views are no longer enough. That’s why we’ve redefined what’s possible with Intelligence Connected.By fusing our unparalleled proprietary data with the sharpest analytical minds, all supercharged by Synoptic AI, we deliver a clear, interconnected view of the entire value chain. Our trusted team of 2,700 experts across 30 countries breaks siloes and connects industries, markets and regions across the globe.This empowers our customers to identify risk sooner, spot opportunities faster and recalibrate strategy with confidence – whether planning days, weeks, months or decades ahead.Wood MackenzieIntelligence ConnectedWoodMac.comWood Mackenzie Brand VideoWood Mackenzie ValuesInclusive – we succeed togetherTrusting – we choose to trust each otherCustomer committed – we put customers at the heart of our decisionsFuture Focused – we accelerate changeCurious – we turn knowledge into actionWe are looking for a full-time Market Analyst, to join Wood Mackenzie’s Power Trading Analytics (PTA) team. The team’s research spans North American power market fundamentals and price forecasting to asset valuation and strategy that comprises some of the most highly utilized data, reports, and insights across Wood Mackenzie. Our broad industry knowledge and deep understanding of the North American power market are unparalleled and help our clients succeed during the energy transition. The Market Analyst will have a strong background in analytics and growing expertise within the power industry. About you and how you can excel in this role Wood Mackenzie’s PTA team comprises industry experts who are detail-oriented, intellectually curious, commercially savvy, and comfortable presenting to clients. Your interest in fundamental power market research proves you hold these characteristics and are comfortable taking complex, disparate ideas and distilling them into simple, actionable analytics. About the role The Market Analyst will serve as the driving force in the delivery of industry-leading short-term power outlooks based on a blend of proprietary and public data.RequirementsBachelor’s degree in economics, finance, math, stats, or energy-related disciplinePrevious experience in a power or trading vertical2+ years of business or professional work experienceAbility to lead and train entry-level associates and analystsYou are committed to contributing to a welcoming and inclusive environment, are sensitive to diverse perspectives, and are passionate about equity in the workplace.Nice To HavesPreferably to have experience in using programming languages such as Python, Visual Basic, or comparable languagesRelevant ERCOT, MISO, or SPP experienceResponsibilitiesParticipate in and lead the daily operational tasks with the Market Associate/Analyst groupEnsure high-quality forecasts and analytics are provided to customers from the entire teamOperate models and support tools daily that include spatial, data visualization, and power flow applications to identify and solve problems in the power industry-specific to an ISO market.Responsible for understanding and communicating Current-day/Next-day operational and financial risk to Asset owners, traders, retailers, etc. transacting in the markets daily, to assist them in making asset optimization decisions.Facilitate daily customer calls, talking asset owners, traders, retailers, etc. through their market questions and expectations. Lead customer trainings and demos on WoodMac Power Trading Analytics productsProvide insights and risks associated with longer-term congestion patterns, transmission upgrades, and outages through quarterly seasonal outlooks.Ownership of initiatives related to efficiencies and products outside of routine daily operational tasksRun regional support workbooks daily and continuously improve the level of granularity provided to the team and customer.Manipulate large datasets and determine correlations and relationships between potential market drivers, prices, and events.Improve current processes by automating critical tasks using macros (visual basic/Python)Present the team’s ISO desk, lead, managers, and other decision-makers with research projects/presentations, memos, or reports on market-relevant topics as requested and advise on the effects of various courses of action relevant to specific problems.The salary range for this position is $00,000- $120,000, which represents base pay only and does not include short-term incentive compensation or commission. When determining base pay, as part of a final compensation package, we consider several factors such as location, experience, qualifications, and training. This base salary maps to the Boston Location.This position does not provide visa sponsorshipEqual OpportunitiesWe are an equal opportunities employer. This means we are committed to recruiting the best people regardless of their race, colour, religion, age, sex (including pregnancy, sexual orientation, and gender identity), national origin, disability or protected veteran status. You can find out more about your rights under the law at www.eeoc.gov