Market Analyst - Power Trading Analytics

Wood Mackenzie

$85K — $100K *
Energy & Utilities
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor’s degree in economics, finance, math, stats, or energy related discipline
  • 2+ years of business or professional work experience
  • Previous experience in a power or trading vertical
  • Ability to lead and train entry-level associates and analysts
  • Commitment to a welcoming and inclusive environment with sensitivity to diverse perspectives.

Responsibilities

  • Lead daily operational tasks within the Market Associate/Analyst group
  • Deliver high-quality forecasts and analytics to clients
  • Utilize models and tools for problem-solving in the power industry
  • Communicate operational and financial risks to asset stakeholders
  • Provide insights on long-term market changes through seasonal outlooks
  • Drive initiatives to improve efficiency beyond routine tasks
  • Analyze large datasets for market insights and correlations
  • Automate critical tasks using programming languages
  • Present research and findings to management and stakeholders.

Benefits

  • Opportunities for professional development and training
  • Access to industry-leading resources and data
  • Collaborative work environment with industry experts
  • Emphasis on equity and inclusion in the workplace.
  • Involvement in critical market analysis during the energy transition.
Full Job Description
Job Description

We are looking for a full-time Market Analyst, to join Wood Mackenzie’s Power Trading Analytics (PTA) team. The team’s research spans North American power market fundamentals and price forecasting to asset valuation and strategy that comprises some of the most highly utilized data, reports, and insights across Wood Mackenzie. Our broad industry knowledge and deep understanding of the North American power market are unparalleled and help our clients succeed during the energy transition. The Market Analyst will have a strong background in analytics and growing expertise within the power industry. About you and how you can excel in this role Wood Mackenzie’s PTA team comprises industry experts who are detail-oriented, intellectually curious, commercially savvy, and comfortable presenting to clients. Your interest in fundamental power market research proves you hold these characteristics and are comfortable taking complex, disparate ideas and distilling them into simple, actionable analytics. About the role The Market Analyst will serve as the driving force in the delivery of industry-leading short-term power outlooks based on a blend of proprietary and public data.

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.
  • Responsible for understanding and communicating 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.
  • Provide insights and risks associated with longer-term congestion patterns, transmission upgrades, and outages through quarterly seasonal outlooks.
  • Ownership of initiatives related to efficiencies and products outside of routine daily operational tasks
  • Run regional support workbooks daily and continuously improve the level of granularity provided to the team and customer.
  • 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/presentations, memos, or 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
  • 2+ years of business or professional work experience
  • 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

The salary range for this position is $85,000- $100,000, 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 position does not provide visa sponsorship

Similar Jobs

More Jobs at Wood Mackenzie

More Energy & Utilities Jobs

Find similar Market Analyst - Power Trading Analytics jobs: