Quantitative Portfolio Manager

SmartestEnergy US; City of Syracuse (NY); Hybrid; USD 130,000 - 180,000; Full time

Job summary

SmartestEnergy US in New York City is seeking a Quantitative Portfolio Manager to design and maintain models that estimate risk and optimize energy assets. You will work across pricing, hedging, and performance analysis, applying statistical methods and programming to energy markets.

The role is hybrid, requiring 3 days in the NYC office and collaboration with Trading and Risk teams to support decision making and hedge strategies across retail, generation, and environmental products.

Job description

In this role, you will be involved with the following:

Energy Portfolio Modeling

At SmartestEnergy, we need revolutionary thinkers to help our customers make the most of this new landscape, thinking differently to find smart solutions to complex problems. Formed in 2001, we’re an agile business driven by entrepreneurial thinking. As a subsidiary of the Marubeni Corporation, we also have strong investment and infrastructure behind us. As well as our three offices in the US, we have three offices in the UK and another in Australia. Further expansion is planned for 2027 and beyond which means global career opportunities for you, with plenty of potential to explore new markets. When you join our Team, you will have the opportunity to contribute and make an impact every single day.

Overview

The Quantitative Portfolio Manager is responsible for developing, maintaining, enhancing, and utilizing quantitative models and tools to estimate and manage the risks embedded within the company's energy portfolio. This role supports Trading and Risk Management activities by delivering analyses related to price and volume risk, hedge effectiveness, asset optimization, and financial performance.

The successful candidate will combine strong quantitative, statistical, and programming skills with knowledge of energy markets to improve portfolio risk measurement and support strategic decision‑making. The role will focus on modeling forward and spot prices, retail load, and structured transactions to quantify portfolio risk under various market conditions and evaluate hedge strategies.

This position is hybrid, requiring 3 days per week worked from our New York City office.

In this role, you will be involved with the following:

Energy Portfolio Modeling

• Model the dynamics of an energy portfolio composed principally of:
  • Retail power sales contracts
  • Power & gas hedges
  • Renewable asset PPAs
  • BESS
  • Heat rate call options
  • Environmental products
• Ensure portfolio positions are accurately captured, reconciled, and represented in valuation and risk measurement processes.

Stochastic Modeling

• Develop and maintain stochastic simulation frameworks to quantify portfolio risk and expected financial outcomes.
• Calibrate correlated risk factor models to capture dependencies across portfolio exposures.
• Model forward curve evolution and spot market dynamics based on fundamental and market-driven factors.
• Analyze and