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(more about Macquarie)
Power Trading Fundamentals Analyst
Join our Gas, Power and Emissions trading business as a Power Trading Fundamentals Analyst in our Minneapolis office.
In this role, you will focus on forecasting supply and demand trends, primarily in eastern North American electricity markets, but will also be expected to coordinate closely with gas analytics efforts. This role will work side by side with electricity market traders, in a fast-paced and occasionally intense working environment. You will leverage your quantitative and technical skills to build models and tools to understand and forecast power market conditions, with the ultimate goal of generating profitable trading strategies.
The focus of this role will be eastern power markets, especially PJM, MISO, and southeastern non-ISO markets.
In this job you will:
- Develop models and dashboards to help understand, forecast and visualize gas and power supply/demand balances.
- Provide analytical support and expertise to generate trade strategies and identify market and pricing trends.
- Design, develop and support short-term data and trading tools.
- Utilize advanced modelling techniques to determine the relationship between energy market variables.
- Take the initiative to continuously improve existing processes, tools and models with the aim of improving overall performance and reliability.
The successful candidate will have:
- A bachelor’s degree
- 2+ years of experience in an analytical, technical, or quantitative role
- Clear, concise communication skills
- Solid programming skills, including experience with programming languages such as Python, R, SQL - but this not a developer role and extensive coding knowledge is not required.
- A quantitative background is also a plus, but the ability to creatively and quickly solve complex problems is more important than extensive mathematical training.
- Willingness to work early morning start hours (6am) and occasional weekend hours as market conditions dictate.
Desired but not required:
- Experience with power market modeling software such as Dayzer, Plexos, PROMOD
- Experience with Southeast power markets
- Electrical engineering knowledge
If you are motivated to join a leading global provider within the markets industry, please apply online now. For more information, visit www.macquarie.com/careers
About Commodities and Global Markets
Commodities and Global Markets provides clients with an integrated, end-to-end offering across global markets including equities, fixed income, foreign exchange and commodities. We are a market leader in the environmental products space, having been awarded the 2020 Environmental Products Bank of the Year by Risk Magazine.
Our commitment to Diversity and Inclusion
Macquarie understands the importance of diversity and inclusion - our long history of success has come from being different. At Macquarie we value the innovation and creativity that diversity of thought brings. The one thing we all have in common is our focus on high performance. If you're capable, motivated and can deliver, we want you on our team.
Macquarie is an equal opportunities employer and does not discriminate on the grounds of age, disability, sex, sexual orientation, gender reassignment, gender identity, marriage, civil partnership, pregnancy, maternity, race (including color and ethnic or national origins), religion or belief.
We recognize that flexibility comes in a variety of forms. Talk to us about what flexibility you need.
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