Market Associate - Power Trading Analytics
About the role
The Market Associate will join Wood Mackenzie's Power Trading Analytics (PTA) team, where they will contribute to the delivery of industry-leading short-term power outlooks based on a blend of proprietary and public data. The role involves participating in and leading daily operational tasks, ensuring high-quality forecasts and analytics, operating models and supporting tools, and facilitating customer calls.
Responsibilities
- Participate in and lead the daily operational tasks with the Market Associate/Analyst group
- Ensure high-quality forecasts and analytics are provided to customers from the entire team
- Operate models and support tools daily that include spatial, data visualization, and power flow applications to identify and solve problems in the power industry-specific to an ISO market
- Understand and communicate current-day/next-day operational and financial risk to Asset owners, traders, retailers, etc., transacting in the markets daily, to assist them in making asset optimization decisions
- Facilitate daily customer calls, talking asset owners, traders, retailers, etc., through their market questions and expectations
- Lead customer trainings and demos on WoodMac Power Trading Analytics products
- Provide insights and risks associated with longer-term congestion patterns, transmission upgrades, and outages through quarterly seasonal outlooks
- Own initiatives related to efficiencies and products outside of routine daily operational tasks
- Manipulate large datasets and determine correlations and relationships between potential market drivers, prices, and events
- Improve current processes by automating critical tasks using macros (Visual Basic/Python)
- Present the team’s ISO desk, lead, managers, and other decision-makers with research projects/memos/reports on market-relevant topics as requested and advise on the effects of various courses of action relevant to specific problems
Requirements
- Bachelor’s degree in economics, finance, math, stats, or energy-related discipline
- Previous experience in a power or trading vertical
- Ability to lead and train entry-level associates and analysts
- You are committed to contributing to a welcoming and inclusive environment, are sensitive to diverse perspectives, and are passionate about equity in the workplace
Nice to haves
- Preferably to have experience in using programming languages such as Python, Visual Basic, or comparable languages
- Relevant ERCOT, MISO, or SPP experience
Benefits
The salary range for this position is $70,000-$90,000, which represents base pay only and does not include short-term incentive compensation or commission. When determining base pay, as part of a final compensation package, we consider several factors such as location, experience, qualifications, and training. This base salary maps to the Boston Location. This position does not provide visa sponsorship.
Equal Opportunities
We are an equal opportunities employer. This means we are committed to recruiting the best people regardless of their race, color, religion, age, sex (including pregnancy, sexual orientation, and gender identity), national origin, disability or protected veteran status. You can find out more about your rights under the law at www.eeoc.gov.