Senior Analyst, Pricing and Risk Modeling - Energy (Hybrid - Andover, MA)
About the role
The Senior Analyst, Pricing and Risk Modeling role is available within the Energy and Commodity Management team at Enel North America. We are seeking a risk analytics and pricing professional with strong experience in energy markets, quantitative modeling, and market risk estimation, including valuation of structured and derivative products.
Responsibilities
- Price financial instruments, including vanilla and structured derivatives across energy commodities (Power, Gas), using analytical methods and Monte Carlo simulations
- Design and enhance methodologies and models for market risk estimation (e.g., VaR, stress testing, PaR, GMaR)
- Support Energy & Commodity Management activities through quantitative analysis, risk assessment, and valuation of complex deal structures
- Develop and maintain scalable modeling tools and perform ad hoc analytical requests
- Collaborate with global pricing teams to develop and maintain pricing libraries and modeling frameworks
- Contribute to the design and valuation of new pricing structures and products
- Provide input on embedded risks within structured transactions and support hedging strategy development
Requirements
- Degree in a quantitative field (Computer Science, Mathematics, Physics, Engineering, Financial Engineering)
- 4+ years of experience in commodities risk management, quantitative modeling, or derivatives pricing
- Advanced knowledge of statistics, probability, and regression techniques
- Strong programming skills in Python and/or R; solid SQL skills for data extraction and transformation
- Strong understanding of US power and gas markets, including basis and congestion dynamics
- Experience with energy contracts (e.g., PPAs, structured products, futures, options)
- Strong understanding of financial derivatives and valuation methodologies
- Prominent ability to independently design and implement models and analytical tools
- Strong problem-solving skills and ability to work in a fast-paced, cross-functional environment
- Self-starter mindset with demonstrated experience delivering end-to-end analytical solutions
- Experience with large-scale data analysis and model performance optimization is a plus
Qualifications
- Familiarity with machine learning and AI methods for predictive modeling, scenario generation, and advanced analytics in energy markets
Skills
- Strong analytical and problem-solving skills
- Excellent communication and collaboration abilities
- Ability to work independently and as part of a team
- Proficiency in Python and/or R
- SQL skills for data extraction and transformation
- Understanding of US power and gas markets
- Knowledge of financial derivatives and valuation methodologies
- Experience with large-scale data analysis and model performance optimization
- Familiarity with machine learning and AI methods for predictive modeling, scenario generation, and advanced analytics in energy markets
Benefits
The pay range for this position is $119,000 annually. The base pay actually offered will be based on several factors, including job-related knowledge, skills, work experience, education, and internal equity. At Enel, base pay is one part of your total compensation package. Please see below for additional information on Enel North America rewards. Enel North America offers its regular full-time employees affordable, quality healthcare for you and your family, life insurance and disability benefits to provide security, and retirement benefits to help you plan for your financial future. In addition, we offer an array of other benefits such as flexible spending accounts, tuition reimbursement and professional development allowance. Benefits are effective as of day one!
Pay
$119,000 annually
Schedule
N/A
Benefits
Healthcare, life insurance, disability benefits, retirement benefits, flexible spending accounts, tuition reimbursement, professional development allowance