Quantitative Analyst

Exelon; Philadelphia (Philadelphia County); Presencial; USD 75.000 - 103.000; Jornada completa

Ventajas ofrecidas por este puesto de trabajo

Annual salary $75,200–$103,400

Annual bonus 10%

401(k) match and company contribution

Medical, dental and vision insurance

Paid time off and leave options

Wellbeing programs and support

Descripción de la vacante

Exelon seeks a Quantitative Analyst for the Utility of the Future to design and develop proprietary simulation models for portfolio valuation, pricing, risk management and strategic planning for innovative utility platform initiatives. As a member of the Advanced Analytics team, you will collaborate with economists, financial engineers, risk analysts and policy experts.

You will apply quantitative techniques to measure model risks and form opinions on strengths and limitations of models, with a

Formación

• Bachelor's degree in quantitative field.
• 2–4 years of relevant experience.
• Strong knowledge of applied and financial mathematics.
• Proficiency in programming languages and database queries.
• Familiarity with energy commodity markets and system dynamics.
• Self-driven and able to lead teams when needed.

Responsabilidades

• Develop valuation, risk management, and pricing models.
• Create proof-of-concept demonstration systems for new approaches.
• Translate concepts into robust, scalable system design.
• Collaborate with analytics teams across ComEd and the Enterprise.

Conocimientos

Predictive analytics

Statistics

Programming languages

Power BI

SQL

Python

Matlab

Educación

Bachelor's degree in quantitative field

Herramientas

Power BI

SQL

Python

Matlab

CC&B

Descripción del empleo

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 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.

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 and Accountabilities

• Leverage in-depth technical knowledge of predictive analytics, statistics, modelling techniques and simulation approaches to develop valuation, risk management, and pricing models. (50%)
• Conduct research and produce proof-of-concept demonstration systems to test new quantitative modeling approaches and solutions to complex problems (25%)
• Translate quantitative and business concepts into efficient, robust, supportable system design and architecture. (15%)
• Partner with stakeholder analytics teams across ComEd and the Enterprise to expand the use and gather feedback on the models and systems (10%)

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 operation research role
• In-depth experience in one or more programing language
• Background in applied system dynamics theory
• Ideal candidate with have experience performing advanced quantitative analysis and developing and/or validating risk models to support senior managers in running their quantitative strategies.
• Experience with Power BI, SQL, Python or similar analytical tools.
• Knowledge of utility billing systems such as CC&B, CIMS, MDM, or related applications.
• Experience supporting audits, regulatory reporting, and process improvement initiatives.
• Experience developing automation and operational analytics solutions.
• Knowledge of billing operations, Meter to cash, or utility operations preferred

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.