Quantitative Trading Associate Analyst

Xcel Energy Inc; Denver (CO); On-site; USD 98,000 - 139,000; Full time

Benefits offered by this job

Annual Incentive Program

Medical/Pharmacy Plan

Dental

Vision

Life Insurance

Dependent Care Reimbursement Account

Health Care Reimbursement Account

Health Savings Account (HSA)

Limited-Purpose FSA

Transportation Reimbursement Account

Short-term disability (STD)

Long-term disability (LTD)

Employee Assistance Program (EAP)

Fitness Center Reimbursement

Tuition reimbursement

Transit programs

Employee recognition program

Pension

401(k) plan

Paid time off (PTO)

Holidays

Volunteer Paid Time Off (VPTO)

Parental Leave

Job summary

Xcel Energy Inc. is seeking a Trading Analyst to design and perform quantitative analysis for pricing wholesale energy transactions and hedging risk. The role focuses on optimizing schedules and portfolio positions across power systems and markets.

The position requires a bachelor’s degree in a quantitative field and at least four years of modeling and analytics experience, with preferred familiarity in Plexos, Aurora, Prosym, Promod, or Gentrader.

Qualifications

• Bachelor's degree in mathematics, engineering, applied sciences, or related fields.
• Minimum 4 years experience in operating mathematical models, data mining, and analytics.
• Prefer work in electricity industry and generation cost modeling software.
• Experience with generation cost modeling tools (Plexos, Aurora, Prosym, Promod, or Gentrader).

Responsibilities

• Design and perform quantitative studies of prices, loads, and fuel costs.
• Model opportunities and determine costs/savings for operations.
• Create analytical studies to optimize unit commitment and purchases/sales.
• Perform post-analysis of system operation to improve dispatch efficiency.

Skills

Quantitative analysis

Data mining

Analytical thinking

Modeling

Education

Bachelor's degree in mathematics/engineering

Tools

Plexos

Aurora

Prosym

Promod

Gentrader

Job description

Xcel Energy Inc. is seeking a Trading Analyst to design and perform quantitative analysis for pricing wholesale energy transactions and hedging risk. The role focuses on optimizing schedules and portfolio positions across power systems and markets.

The position requires a bachelor’s degree in a quantitative field and at least four years of modeling and analytics experience, with preferred familiarity in Plexos, Aurora, Prosym, Promod, or Gentrader.