Valuation Analyst II

Florida Power & Light; Juno Beach (FL); On-site; USD 90,000 - 130,000; Full time

Job summary

NextEra Energy Marketing, LLC is seeking a quantitative professional to deliver sound financial valuation of wholesale power derivatives, including load following, deterministic and block energy products, and related capacity and ancillary services. The role executes valuation for transactions from 1MW to 1000MW with 3–36 month terms, using power futures, regression, Monte Carlo simulations and other models to forecast revenues.

A Bachelor's Degree and 1+ years of experience are required.

Qualifications

• Bachelor's degree required.
• 1+ years of experience in energy trading or related field.

Responsibilities

• Delivers sound financial valuation of wholesale power derivatives, including load following, deterministic, and block energy products.
• Executes valuation process for transactions ranging from approximately 1MW to 1000MW with 3 to 36-month terms.
• Values transactions by evaluating power futures or fundamental commodity estimates to create forecasts based on historical data analysis, multiple regression, number theory, logic, Monte Carlo simulations, scenario analysis, and proprietary models.
• Executes regional forecasting assignments for energy, volatility, capacity, renewable energy credits, and ancillary services.
• Maintains valuation models and templates for team use which may involve code development or maintenance.

Education

Bachelor's Degree

Job description

Requisition ID: 98384

NextEra Energy Marketing is one of the nation's leading electricity and natural gas marketers, and a key player in the energy markets in the United States and Canada. As a part of NextEra Energy Resources, we specialize in innovative energy strategies that maximize market value for our customers and stakeholders. Our team is skilled in market analysis, trading, risk management and delivering tailored customer solutions across North America. If you are a strategic thinker eager to make a significant impact in the fast-paced energy industry, join our team today.

Position Specific Description

Deliver sound financial valuation of wholesale power derivatives including load following, deterministic, and block energy products mostly bundled with capacity, renewable energy credits, ancillary services and other products to serve residential, commercial, industrial, and municipal customers. Executes valuation process for transactions ranging from approximately 1MW to 1000MW with 3 to 36 month terms that yield revenues up to $700MM. Values transactions by evaluating power futures or fundamental commodity estimates to create forecasts based on historical data analysis, multiple regression, number theory, logic, Monte Carlo simulations, scenario analysis, and proprietary models. Valuation process relies on knowledge of algebra, statistics, probability, present value, portfolio theory, risk and return, discounted cash flows, comparable analysis, energy markets, logic, binomial tree modeling, and calculus.

Executes regional forecasting assignments for energy, volatility, capacity, renewable energy credits and ancillary services. Maintains valuation models and templates for team use which may involve code development or maintenance. Researches laws, regulations, tariffs, and market procedures in a variety of markets to create models and forecast applicable costs. May complete ad hoc analysis of forwards, futures, options, interest rates, market conditions, exotic structures, weather products, and other financial or commercial assignments required to achieve group objectives.

Relentlessly pursues perfection, trains new team members, and creates a culture of continuous improvement upon the cornerstone of integrity and compliance.

Job Overview

This position delivers sound financial valuation of wholesale power derivatives including load following, deterministic, and block energy products mostly bundled with capacity, renewable energy credits, ancillary services, and other products to serve residential, commercial, industrial, and municipal customers.

Job Duties & Responsibilities

• Executes valuation process for transactions ranging from approximately 1MW to 1000MW with 3 to 36-month terms
• Values transactions by evaluating power futures or fundamental commodity estimates to create forecasts based on historical data analysis, multiple regression, number theory, logic, Monte Carlo simulations, scenario analysis, and proprietary models
• Executes regional forecasting assignments for energy, volatility, capacity, renewable energy credits, and ancillary services
• Maintains valuation models and templates for team use which may involve code development or maintenance
• Performs other job-related duties as assigned

Required Qualifications

• Bachelor's Degree
• Experience: 1+ years

Preferred Qualifications

• None

Employee Group: Exempt
Employee Type: Full Time
Job Category: Energy Trading
Organization: NextEra Energy Marketing, LLC
Relocation Provided: Yes, if applicable

NextEra Energy is an Equal Opportunity Employer. Qualified applicants are considered for employment without regard to race, color, age, national origin, religion, marital status, sex, sexual orientation, gender identity, gender expression, genetics, disability, protected veteran status or any other basis prohibited by law.

NextEra Energy provides reasonable accommodation in its application and selection process for qualified individuals, including accommodations related to compliance with conditional job offer requirements, consistent with federal, state, and local laws. Supporting medical or religious documentation will be required where applicable and permitted by applicable law. To request a reasonable accommodation, please send an e-mail to [e-mail], providing your name, telephone number and the best time for us to reach you.

NextEra Energy will not discharge or in any other manner discriminate against employees or applicants because they have inquired about, discussed, or disclosed their own pay or the pay of another employee or applicant. However, employees who have access to the compensation information of other employees or applicants as a part of their essential job functions cannot disclose the pay of other employees or applicants to individuals who do not otherwise have access to compensation information, unless the disclosure is (a) in response to a formal complaint or charge, (b) in furtherance of an investigation, proceeding, hearing, or action, including an investigation conducted by the employer, or (c) consistent with the contractor’s legal duty to furnish information.

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