An Important Message about Exelon Recruitment during COVID-19

We hope that you and your loved ones are managing through this challenging and uncertain time. The COVID-19 pandemic has demanded unprecedented changes to our daily lives. That said, what hasn’t changed for us is the vital work we do, and our commitment to ensuring the safety of our candidates, employees, customers, and communities. While our hiring process looks a bit different today, with 100 percent virtual interviewing and other solutions in place to facilitate proper social distancing, we remain focused on powering possibilities for new talent who are ready to join us in making a difference. As always, you can find our available opportunities here. We truly appreciate your continued interest in opportunities with Exelon and our family of companies.

Those who apply for employment with Exelon must be fully vaccinated against COVID-19 as a condition of hire (i.e., have received two doses of a two-dose vaccine, or one dose of a single-dose vaccine), subject to approved requests for exemption.

Quantitative Analyst, Risk Analytics

Location: BALTIMORE, MD, United States
Organization: Exelon Generation Co. LLC
Job ID: 235348
Date Posted: Jan 18, 2022
Job: Accounting & Finance

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Job Description

Description

At Exelon, we've got a place for you!

Join the nation's leading competitive energy provider, with one of the largest electricity generation portfolios and retail customer bases in the country. You will be part of a family of companies that strives for the highest standards of power generation, competitive energy sales, and energy delivery. Our team of outstanding professionals is focused on performance, thought leadership, innovation, and the power of ideas that come from a diverse and inclusive workforce.

Exelon will provide you the tools and resources you need to design, build and enhance a successful career. We are also dedicated to motivating the success of our employees through competitive base salary, incentives, and health and retirement benefits.

Join Exelon and share your passion at a forward-thinking Fortune 100 company. Establish yourself in a place where you can truly shine and create a brighter, more sustainable tomorrow. Energize your career at Exelon!


PRIMARY PURPOSE OF POSITION

The Risk Analytics team supports Exelon's trading and marketing business, which relies heavily on complex models for asset valuation, as well as to measure key risks in a large, integrated energy commodity portfolio.  Specifically, this job has responsibility for developing and maintaining Risk models, validating newly developed or modified commercial models, and providing meaningful ad-hoc risk analysis which will be used throughout the commercial organization.  In this position, you will develop expertise across both power and gas wholesale markets, follow industry trends impacting energy markets, and apply quantitative methods that support effective insights for commercial decision-making.
•    Provide independent model validation to new models before deployment and assist with the establishment of risk controls and monitoring activities
•    Build and maintain the risk modeling infrastructure including the production models, automated reports, databases, job scheduling systems
•    Provide ad-hoc quantitative analyses for Risk functions, commercial teams, finance group, and other internal stakeholders.  Examples include alternative commodity trading or hedging strategy assessment, product risk premium pricing, illiquid forward curve marking (volatilities, correlations), price verification, hedging effectiveness testing, and financial planning.
•    Design and prototype new market, credit, liquidity, and operational risk metrics, assist with the establishment of risk controls and monitoring activities
•    Diligently pursue information and conduct research to understand energy products, introduce best business practices, and propose new modeling methodologies


PRIMARY DUTIES AND ACCOUNTABILITIES

  1. Validation of production models
  2. Develop and maintain risk models
  3. Ad-hoc quantitative analysis to Risk and Commercial functions
  4. Support Risk reports and metrics
  5. Information gathering, research, best-practices benchmarking


JOB SCOPE

•    Reports to the Director, Risk Analytics
•    Works with 2 other quantitative analysts with varying levels of experience
•    Supports key risks systems used to produce daily risk measures and critical risk information to external stakeholders
•    Coordinates closely with Quantitative Analytics, Pricing, Fundamental, Portfolio Strategy, Trading, Treasury, Finance, and all Risk functions

Qualifications

MINIMUM QUALIFICATIONS

•    Undergraduate degree in economics, quantitative finance, mathematics, physics, engineering, computer science or equivalent quantitative disciplines.
•    Understanding of probability theory, applied and financial math concepts and techniques
•    Substantive experience using programming languages or analytical packages commonly used in model development, such as Python, Matlab, C/C++, R, SAS, and SQL
•    A motivated self starter and creative thinker with the ability to work independently and collaboratively with colleagues at all levels of the organization. Driven to develop and maintain effective relationships with internal and external partners.   Demonstrated ability to perform responsibilities under time pressure with a high degree of accuracy, to prioritize multiple tasks effectively, build consensus, and adapt to evolving business needs


PREFERRED QUALIFICATIONS

•    Graduate degree preferred
•    Prior experience in quantitative role in the finance/energy industry
•    Strong communication, presentation, and interpersonal skills with the ability to discuss technical subjects with a wide variety of audiences


Exelon is proud to be an equal opportunity employer and employees or applicants will receive consideration for employment without regard to: age, color, disability, gender, national origin, race, religion, sexual orientation, gender identity, protected veteran status, or any other classification protected by federal, state, or local law.

VEVRAA Federal Contractor
 

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