2022 Exelon Hiring Update
Our hiring process looks a bit different today as a result of the COVID-19 pandemic, 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. 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.

Exelon was recently separated into two publicly traded companies, Exelon and Constellation. Exelon is the parent company for our fully regulated transmission and distribution utilities, delivering electricity and natural gas to more than 10 million customers. Constellation is the largest supplier of clean energy and sustainable solutions to homes, businesses and public-sector customers across the continental U.S., backed by more than 31,000 megawatts of generating capacity consisting of nuclear, wind, solar, natural gas and hydro assets. If you are looking for career opportunities in commercial, generation or home services, please visit jobs.constellationenergy.com for more information.

Principal Quantitative Analyst

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Location: BALTIMORE, MD, United States
Organization: Constellation Energy Generation, LLC
Job ID: 236399
Date Posted: Feb 4, 2022
Job: Wholesale Energy

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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 Principal Quantitative Analyst works to design, develop and support Constellation's core trading and risk management systems which provide proprietary mechanisms for deal pricing, entry, and settlement; physical asset management; portfolio valuation; and both daily and real-time risk reporting. A solid understanding of traditional financial valuation and modeling techniques along with a strong foundation in options theory, simulation modeling, and statistical methods is essential. As a member of the Quantitative Analytics team, he collaborates directly with quantitative developers and commercial and risk analysts to design, implement and maintain underlying financial and physical models and business processes. The models, systems, and tools are of critical importance to Constellation's commercial operation and success. The Principal Quantitative Analyst provides leadership, training, and mentorship to less experienced members of the team and organization as a whole.


PRIMARY DUTIES AND ACCOUNTABILITIES
  • Develop, maintain, and extend Constellation's underlying financial and physical pricing, valuation, and risk management models. (30%)
  • Conduct research and produce prototypes and proof-of-concept demonstration systems to test new approaches and solutions to complex problems (20%)
  • Translate quantitative and business concepts into efficient, robust, supportable system design and architecture. (15%)
  • Write, Test, and Deploy code supporting mission-critical commercial systems. (15%)
  • Provide tactical/real time support for risk/valuation systems and interfaces. (10%)
  • Collaborate with quantitative analysts, Risk, Front and Back office functions, and IT leadership to prioritize and execute on strategic projects. (10%)

JOB SCOPE
  • Reports to the Manager, Quantitative Analytics Team
  • Works under minimal supervision, relying on knowledge, skills and judgment acquired through education and relevant experience to plan and accomplish assigned tasks and goals

Qualifications

MINIMUM QUALIFICATIONS
  • Masters' degree in computer science, engineering, mathematics, or a hard science and a minimum of 5 to 8 years of experience
  • Thorough understanding of applied and financial mathematics concepts and techniques
  • Ability to use a broad range of development tools supporting multiple platforms (Windows, Solaris, Linux), languages (C/C++, Python, Perl, Matlab, C#, more), and databases (Oracle, Proprietary, SQL Server).
  • Ability to quickly master industry fundamental concepts including energy commodity markets, option valuation, position management and hedging.
  • Should be self-driven and able to work in (and lead) team sizes ranging from individual contribution to several members.
  • Strong organization and communication skills are required.
  • Proficiency with Microsoft Office applications.

PREFERRED QUALIFICATIONS
  • PhD or equivalent in computer science, engineering, mathematics, or a hard science
  • Energy industry experience
  • Prior experience in quantitative or financial analytics role

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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