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PJM Interconnection logo
PJM Interconnection

Working to perfect the flow of energy for 65 million people in 13 states and the District of Columbia.

Senior Quantitative Analyst I, II

Data AnalystData AnalystOtherRemoteSeniorTeam 501-1,000Since 1927H1B SponsorCompany SiteLinkedIn

Location

Pennsylvania

Posted

134 days ago

Salary

0

Seniority

Senior

Bachelor DegreeEnglishETL

Job Description

Senior Quantitative Analyst I, II

PJM Interconnection

• Overseeing PJM's models for credit calculations and to support trade surveillance • Leading the analytical team to develop modeling to capture the risks of market participant activity • Identifying gaps in the current PJM markets where bad actors can take an unfair advantage of market rules • Using results to take appropriate steps to make changes in PJM's simulation models • Margin market participants appropriately and make changes governing documents to close perceived loopholes • Providing quantitative analytical support to identify simulation model enhancements • Maintaining historical simulation model that calculates margin requirement for FTR products • Conducting ad hoc analysis pertaining to margining of FTR products • Developing tools to analyze historical simulation model results • Developing risk controls and reporting to management • Interfacing with stakeholders, management, peers, and others to provide expertise in risk modeling • Analyzing PJM’s governing documents to design new PJM market rules and make changes to existing rules • Developing dashboard reporting and ETL procedures • Interacting with leadership and cross-functional teams to understand strategic changes

Job Requirements

  • Bachelor's degree in Engineering, Mathematics, Economics or equivalent work experience
  • Ability to produce high-quality work products with attention to detail
  • Experience in quantitative and qualitative analysis
  • Ability to use mathematical and electrical theory
  • Ability to troubleshoot and provide technical support
  • Preferred: Master's degree in Engineering, PhD., Economics, Mathematics or Engineering
  • Experience with PJM operations, markets, and planning functions
  • Experience using PSS/e (power system analysis program)

Benefits

  • Medical, vision and dental insurance
  • 401(k) plan with 100% employer match up to 5% of salary
  • Non-elective 401(k) employer contribution
  • Vacation and paid holidays
  • Tuition reimbursement
  • Life insurance
  • Accidental death and dismemberment insurance
  • Short-term and long-term disability coverage
  • Business travel and accident insurance
  • Child day care referral program
  • Employee assistance program
  • Adoption benefits recognized by the Dave Thomas Foundation for Adoption

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