Structured Products Analyst

Tenaska; Irving (TX); On-site; USD 120,000 - 170,000; Full time

Benefits offered by this job

Health, dental, vision insurance

Tuition assistance

Paid vacations and holidays

Wellness programs

Charitable giving program

Maternity/paternity leave

Job summary

Tenaska seeks a Structured Products Analyst to provide analytics, risk assessment, and valuation of complex transactions across power and natural gas markets. The role collaborates with Trading, Origination, Energy Management, Market Risk, and other teams to evaluate generation, storage, gas options, and tolling structures.

You will develop models (Monte Carlo, pro forma), perform scenario analysis, and communicate results to management.

Qualifications

• Bachelor’s degree in a quantitative discipline required.
• 3+ years of relevant experience.
• Proficiency in Microsoft Excel with complex spreadsheet development.
• Understanding of SQL, data structures, API access to data, and version control.
• Strong analytical and problem-solving skills.
• Excellent written and verbal communication skills.

Responsibilities

• Research, analyze, price, and value opportunities identified by Trading and Origination.
• Analyze long and complex transactions including generation, storage, and gas options.
• Develop value, risk, and outcome ranges using Monte-Carlo and other models.
• Maintain structured-products valuation models and perform scenario analysis.
• Collaborate with Trading and Origination to improve deal structures.
• Develop new deal structures with valuation techniques and hedging strategies.
• Present assumptions, risks, and results to management and obtain approvals.

Skills

Advanced Excel

SQL knowledge

Data analysis

Communication skills

Problem solving

Project management

Education

Bachelor’s degree in a quantitative discipline (Engineering, Finance, Economics, Mathematics, or Statistics)

Master’s degree in business, economics, portfolio analytics, finance, or engineering

Tools

SQL

APIs data access

Version control

Job description

Tenaska is one of the largest privately held companies in the United States, an organization that’s adept in natural gas and power marketing, power management, development and acquisition of generation assets, operation of power plants and more.

Applicants must be legally authorized to work in the United States on a permanent basis without current or future employer sponsorship.

The Company does not sponsor new employment visas or assume sponsorship of existing employment visas now or at any time in the future. This includes, but is not limited to, H-1B, TN, E-3, O-1, and permanent residence (green card) sponsorship.

Job Summary:

The Structured Products Analyst provides analytics, risk assessment, and valuation of complex structured transactions across power and natural gas markets. The role works collaboratively with Trading, Origination, Energy Management, Market Risk, and other commercial teams to evaluate conventional and renewable generation, energy storage, storage and pipeline assets, gas supply options, weather-triggered transactions, options, tolling resources, and other custom physical and financial deal structures. The analyst develops and leverages spreadsheet, statistical, simulation-based, closed-form, and pro forma models; performs scenario and stochastic analysis to determine ranges of potential financial outcomes; and communicates complex concepts and results to commercial teams and management. This role provides a path toward future commercial opportunities within Trading, Origination, or other areas of the business.

Essential Job Functions:

• Research, analyze, price, and value opportunitiesidentifiedby Trading, Origination, Energy Management, and other commercial groups.
• Analyze longer-term and complex transactions, including conventional and renewable generation, energy storage, storage and pipeline assets, gas supply options, weather-triggered deals, complex gas delivery options, call and put options, heat rate call options, tolling resources, and custom physical and financial deal structures.
• Use spreadsheets, statistical software, simulation-based models, closed-form models, and pro forma models to develop ranges of values, risks, and potential financial outcomes for proposed transactions.
• Develop and maintain structured-products valuation models, including Monte-Carlo simulations, portfolio modeling, scenario analysis, optimization, and stochastic modeling, give different levels of data availability and quality.
• Work collaboratively with Trading and Origination to identify alternatives, additions, or improvements to proposed deal structures.
• Develop new deal structures by creating valuation techniques and hedging strategies.
• Build clear, compelling cases for proposed deals and communicate assumptions, risks, and results to commercial teams and management; support additional approval when required.
• Provide analytical support to customers of advisory services, other Tenaska business units, and a variety of ad hoc requests.
• Manage multiple deal valuations and analytical requests simultaneously in a dynamic, fast-paced environment while balancing competing priorities.
• Gain commercial acumen in power and natural gas markets and become a trusted analytical resource for Trading, Origination, Energy Management, and other commercial teams.
• Maintain dependable, reliable, and predictable attendance.

Education/Experience/Skills

Basic Requirements:

• Bachelor’s degree ina quantitativediscipline such as Engineering, Finance, Economics, Mathematics, or Statistics.
• 3+ years of relevant experience.
• Proficiencyin Microsoft Office products, with an emphasis on advanced Microsoft Excel and complex spreadsheet development.
• UnderstandingofSQL, data structures, programmatic access to data through APIs, and version control.
• Strong analytical and problem-solving skills.
• Excellent written and verbal communication skills, with the ability to communicate effectively to audiences ranging from colleagues and customers to executive management.
• Ability to manage multiple projects, coordinate competing priorities, work with limited supervision, and meet deadlines in a fast-paced environment.
• Detail-oriented and organized, with a questioning attitude, strong work ethic, team orientation, and proactive approach to identifying and solving problems.

Preferred Requirements:

• Master’s degree in business, economics, portfolio analytics, finance, engineering, or a related quantitative field.
• Knowledge of statistics and statistical modeling techniques, including Monte-Carlo simulation, portfolio modeling, scenario analysis, optimization, or stochastic modeling.
• Energy-market experience, including knowledge of power or natural gas markets, regional electricity energy and capacity markets, transmission and ancillary service costs, storage and pipeline assets, market settlement, or environmental regulations.
• Understanding of options, derivatives, valuation techniques, and hedging strategies.
• Excellent relationship-building abilities and enthusiasm for engaging with customers and commercial partners.
• Enthusiasm for working in an entrepreneurial, results-driven environment.
• Demonstrated tenacity, adaptability, and resilience in dynamic or unstructured environments, with ownership of results.
• Willingness to work extended hours as workload requires.

Tenaska welcomes candidates who meet most qualifications, bring relevant skills and experience, and are enthusiastic about this opportunity.

At Tenaska we care about the wellbeing of our employees and their families. That’s why we offer our employees a comprehensive benefit package. Benefits included below:

• Health, dental, vison, disability, and life insurance
• Incentive-based, competitive salary packages
• Health/dependent care flex accounts
• Tuition assistance
• Long-term disability coverage
• Employee assistance program
• Paid vacations and holidays
• Charitable giving program
• Paid maternity/paternity leave
• Wellness programs

Tenaska is an equal opportunity employer.

Equal Opportunity Employer
This employer is required to notify all applicants of their rights pursuant to federal employment laws.For further information, please review the Know Your Rights notice from the Department of Labor.