Search jobs > Philadelphia, PA > Quantitative analyst

Sr Quantitative Analyst

Exelon
Philadelphia, PA, United States
$89.6K a year
Full-time

Who We Are :

We're powering a cleaner, brighter future.

Exelon is leading the energy transformation, and we're calling all problem solvers, innovators, community builders and change makers.

Work with us to deliver solutions that make our diverse cities and communities stronger, healthier and more resilient.

We're powered by purpose-driven people like you who believe in being inclusive and creative, and value safety, innovation, integrity and community service.

We are a Fortune 200 company, 19,000 colleagues strong serving more than 10 million customers at six energy companies Atlantic City Electric (ACE), Baltimore Gas and Electric (BGE), Commonwealth Edison (ComEd), Delmarva Power & Light (DPL), PECO Energy Company (PECO), and Potomac Electric Power Company (Pepco).

In our relentless pursuit of excellence, we elevate diverse voices, fresh perspectives and bold thinking. And since we know transforming the future of energy is hard work, we provide competitive compensation, incentives, excellent benefits and the opportunity to build a rewarding career.

Are you in?

Primary Purpose :

PRIMARY PURPOSE OF POSITION The Sr Quantitative Analyst for the Utility of the Future will design and develop proprietary simulation models to support portfolio valuation, pricing, risk management, and overall strategic planning for innovative utility platform initiatives.

As a member of the Advanced Analytics team, the successful candidate will collaborate directly with economists, financial engineers, risk analysts, and policy experts.

He or she will apply quantitative techniques to measure and analyze model risks and form opinions on the strengths and limitations of the respective models.

A solid understanding of traditional financial valuation and modeling techniques along with a strong foundation in programing, statistical methods, and data analysis is essential.

Primary Duties :

PRIMARY DUTIES AND ACCOUNTABILITIESLeverage in-depth technical knowledge of predictive analytics, statistics, modelling techniques and simulation approaches to develop valuation, risk management, and pricing models. (30%)

Conduct research and produce proof-of-concept demonstration systems to test new quantitative modeling approaches and solutions to complex problems (20%)

Translate quantitative and business concepts into efficient, robust, supportable system design and architecture. (15%)

Provide leadership, training, and mentorship to less experienced technical analysts on the team and in the organization (15%)

Partner with IT to develop complex data structures and a business intelligence platform for reporting end user data mining (10%)

Partner with stakeholder analytics teams across ComEd and the Enterprise to expand the use and gather feedback on the models and systems (10%)

Job Scope :

JOB SCOPEReports to the Manager Fundamental Analysis

Works under minimal supervision, relying on knowledge, skills and judgment acquired through education and relevant experience to plan and accomplish assigned tasks and goals

Minimum Qualifications :

MINIMUM QUALIFICATIONSBachelor's degree in quantitative field

4-7 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 Qualifications :

PREFERRED QUALIFICATIONSMasters or PhD in quantitative field

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 salary will vary based on a candidate's skills, qualifications, experience, and other factors : USD $89,600.00 / Yr.

USD $(phone number removed) / Yr.

Annual Bonus for eligible positions : 15%

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

3 days ago
Related jobs
Promoted
Exelon
Philadelphia, Pennsylvania

PRIMARY PURPOSE OF POSITION The Sr Quantitative Analyst for the Utility of the Future will design and develop proprietary simulation models to support portfolio valuation, pricing, risk management, and overall strategic planning for innovative utility platform initiatives. Ideal candidate with have ...

Promoted
PECO
Philadelphia, Pennsylvania

PRIMARY PURPOSE OF POSITION The Sr Quantitative Analyst for the Utility of the Future will design and develop proprietary simulation models to support portfolio valuation, pricing, risk management, and overall strategic planning for innovative utility platform initiatives. Ideal candidate with have ...

Promoted
Lockheed Martin
Norristown, Pennsylvania

The selected candidate will lead modeling, simulation, and analysis studies that provide data inspired insights to leaders across multiple Lines of Business within Lockheed Martin Space, helping shape their strategies to meet customer needs. ...

Promoted
InsideHigherEd
Philadelphia, Pennsylvania

Research Associate in Psychiatry. The Department of Psychiatry at the Perelman School of Medicine at the University of Pennsylvania seeks candidates for a Research Associate position in the Academic Support Staff. Responsibilities may include participating in research group efforts to obtain and ana...

Promoted
Federal Reserve Bank of Philadelphia
Philadelphia, Pennsylvania

The Financial Monitoring Group (FMG) within the Supervision, Regulation and Credit (SRC) department of the Federal Reserve Bank of Philadelphia seeks a motivated quantitative analyst to support the monitoring of consumer credit risk at the nation's largest banks. Please note that the job description...

Promoted
Parexel International Corporation
King of Prussia, Pennsylvania

Conduct qualification visits (QV), site initiation visits (SIV), monitoring visits (MV) and termination visits (TV) at assigned clinical sites and generate visit/contact reports.Oversee integrity of the study and utilize problem-solving skills to promote rapport with the site and staff.Review the pe...

Promoted
firstPRO, Inc
Ardmore, Pennsylvania

The ideal candidate will be responsible for managing multiple financial analysis projects at the same time. Ensure compliance with internal and external accounting standards and financial policies. Strong quantitative financial skills. ...

Promoted
ICON Strategic Solutions
Philadelphia, Pennsylvania

ICON Dedicated to a Single Sponsor.Sites – Regionally Aligned unless assisting in co-monitoring which may be a region over.Opening looking for a CRA to cover the North East.Great relationships between management and CRAs.Requirements: Does not require a four-year degree, completed all visits indepen...

Promoted
Cerida Investment Corp
Willow Grove, Pennsylvania

The Financial Analyst will play a critical role in analyzing current expenses, creating financial models for decision support, forecasting future costs based on a keen understanding of the business, identifying trends, making recommendations for improvements, and managing client invoicing. Financial...

Promoted
Xplora Search Group
Philadelphia, Pennsylvania

Prepare monthly journal entries, variance analysis, and financial reports for accurate statement closures. Analyze and report on financial performance, trends, expenses, and headcount for management insights. Provide ad-hoc reporting, support organizational changes, and manage financial business cas...