Quantitative Analyst

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

Benefits offered by this job

Annual salary transparency

Annual bonus 10%

401(k) match and company contributions

Medical, dental and vision insurance

Generous paid time off

Job summary

Exelon is seeking a Quantitative Analyst for the Utility of the Future to design and develop proprietary simulation models for portfolio valuation, pricing, and risk management. The role sits in the Advanced Analytics team and collaborates with economists, financial engineers, and policy experts.

Applicants should have a strong math background, programming skills in C/C++, Python, and SQL, and familiarity with energy markets and system dynamics.

Qualifications

• Bachelor's degree in a quantitative field and 2–4 years of relevant experience.
• Strong foundation in applied and financial mathematics and statistics.
• Proficiency with programming languages and data analysis.

Responsibilities

• Develop valuation, risk management, and pricing models.
• Research and prototype new quantitative modeling approaches.
• Translate concepts into robust system designs and architectures.
• Collaborate with stakeholder analytics teams across ComEd and Enterprise.

Skills

C/C++

Python

Perl

Matlab

SQL

Data visualization

Power BI

Tableau

Statistics

Modeling

Education

Bachelor's degree in quantitative field

2–4 years of experience

Tools

Database query languages

Job description

Who We Are

We're powering a cleaner, brighter future. Exelon is leading the energy transformation, and we're calling all problem solvers, innovators, community builders and change makers. Work with us to deliver solutions that make our diverse cities and communities stronger, healthier and more resilient. We're powered by purpose-driven people like you who believe in being inclusive and creative, and value safety, innovation, integrity and community service. We are a Fortune 200 company, 20,000 colleagues strong serving more than 10.7 million customers at six energy companies – Atlantic City Electric (ACE), Baltimore Gas and Electric (BGE), Commonwealth Edison (ComEd), Delmarva Power & Light (DPL), PECO Energy Company (PECO), and Potomac Electric Power Company (Pepco). We're committed to creating an environment where every person can thrive. Our employee experience is grounded in four tenets that guide how we support our people: purposeful careers, growth opportunities, community impact, and support to thrive. In our relentless pursuit of excellence, we elevate diverse voices, fresh perspectives and bold thinking. And since we know transforming the future of energy is hard work, we provide competitive compensation, incentives, excellent benefits and the opportunity to build a rewarding career. Are you in?

Primary Purpose

The Quantitative Analyst for the Utility of the Future will design and develop proprietary simulation models to support portfolio valuation, pricing, risk management, and overall strategic planning for innovative utility platform initiatives. As a member of the Advanced Analytics team, the successful candidate will collaborate directly with economists, financial engineers, risk analysts, and policy experts. He or she will apply quantitative techniques to measure and analyze model risks and form opinions on the strengths and limitations of the respective models. A solid understanding of traditional financial valuation and modeling techniques along with a strong foundation in programing, statistical methods, and data analysis is essential.

Primary Duties

• 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

Job Scope

• Reports to the Director Advanced Analysis
• This is an individual contributor position that woks under general supervision, relying on knowledge, skills and judgment acquired through education and relevant experience to plan and accomplish assigned tasks and goals

Minimum Qualifications

• Bachelor's degree in 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
• Should be self-driven and able to work in (and lead) team sizes ranging from individual contribution to several members.

Preferred Qualifications

• Energy industry experience
• Prior experience in an operations research role
• In-depth experience in one or more programing language
• Ideal candidate with have experience performing advanced quantitative analysis and developing and/or validating risk models.

Technical & Analytical Skills

• Advanced proficiency in SQL, Python for querying large datasets, performing statistical analysis, and automating data pipelines related to outage and reliability metrics (e.g., SAIFI, SAIDI, CAIDI).
• Strong data visualization and storytelling skills using tools like Power BI or Tableau to translate complex analyses into executive-ready insights.

Benefits

• Annual salary will vary based on a candidate’s skills, qualifications, experience, and other factors: $75,200.00/Yr. – $103,400.00/Yr.
• Annual Bonus for eligible positions: 10%
• 401(k) match and annual company contribution
• Medical, dental and vision insurance
• Life and disability insurance
• Generous paid time off options, including vacation, sick time, floating and fixed holidays, maternity leave and bonding/primary caregiver leave or parental leave
• Employee Assistance Program and resources for mental and emotional support
• Wellbeing programs such as tuition reimbursement, adoption and surrogacy assistance and fitness reimbursement
• Referral bonus program
• And much more

Note: Exelon-sponsored compensation and benefit programs may vary or not apply based on length of service, job grade, job classification or represented status. Eligibility will be determined by the written plan or program documents.