Exelon Corporation is a utility services holding company that provides services for energy generation businesses in the United States. The Quantitative Analyst will design and develop proprietary simulation models to support portfolio valuation, pricing, risk management, and strategic planning for utility platform initiatives, collaborating with various experts in the field.
Leverage in-depth technical knowledge of predictive analytics, statistics, modelling techniques and simulation approaches to develop valuation, risk management, and pricing models. (50%)
Conduct research and produce proof-of-concept demonstration systems to test new quantitative modeling approaches and solutions to complex problems (25%)
Translate quantitative and business concepts into efficient, robust, supportable system design and architecture. (15%)
Partner with stakeholder analytics teams across ComEd and the Enterprise to expand the use and gather feedback on the models and systems (10%)
Qualification
Required
Bachelor's degree in quantitative field
2 to 4 years of relevant experience
Thorough understanding of applied and financial mathematics concepts and techniques (including advanced statistical techniques)
Ability to use a broad range of development languages (e.g. C/C++, Python, Perl, Matlab, etc.), and databases query languages
Ability to quickly master industry fundamental concepts including energy commodity markets, portfolio valuation, and system dynamics
Should be self-driven and able to work in (and lead) team sizes ranging from individual contribution to several members.
Preferred
Energy industry experience
Prior experience in an operation research role
In-depth experience in one or more programing language
Background in applied system dynamics theory
Ideal candidate with have experience performing advanced quantitative analysis and developing and/or validating risk models to support senior managers in running their quantitative strategies.
Benefits
Annual Bonus for eligible positions: 10%
401(k) match and annual company contribution
Medical, Dental and Vision Insurance
Life and disability insurance
Generous paid time off options, including vacation, sick time, floating and fixed holidays, maternity leave and bonding/primary caregiver leave or parental leave (based on position)
Long Term Incentive Plan for eligible positions
Wellbeing programs such as tuition reimbursement, adoption assistance and fitness reimbursement
Referral bonus program
And much more
Exelon Corporation is a utility services holding company that provides services for energy generation businesses in the United States.
