Sr Quantitative Analyst

Exelon

OAKBROOK TERRACE, IL

JOB DETAILS
SALARY
LOCATION
OAKBROOK TERRACE, IL
POSTED
4 days ago
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, 20,000 colleagues strong serving more than 10.7 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).


We're committed to creating an environment where every person can thrive. Our employee experience is grounded in four tenets that guide how we support our people: purposeful careers, growth opportunities, community impact, and support to thrive.


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


The Sr Quantitative Analyst 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


+ Leverage 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


+ Reports 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


+ Bachelor'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


+ Masters 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.

+ Experience developing data visualizations and dashboards using business intelligence tools (e.g., Power BI).

+ Ability to present quantitative analysis and modeling results to senior management and non‑technical stakeholders.

+ Familiarity with Microsoft data and analytics platforms such as Microsoft Dataverse, Power Platform, or Microsoft Fabric.


Benefits


+ Annual salary will vary based on a candidate’s skills, qualifications, experience, and other factors: $95,200.00/Yr. – $130,900.00/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

+ Employee Assistance Program and resources for mental and emotional support

+ Wellbeing programs such as tuition reimbursement, adoption and surrogacy assistance and fitness reimbursement

+ Referral bonus program

+ And much more


Note: Exelon-sponsored compensation and benefit programs may vary or not apply based on length of service, job grade, job classification or represented status. Eligibility will be determined by the written plan or program documents.
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. If you are an individual with a disability and need an accommodation to complete the application, please email us at DandI@exeloncorp.com.

About the Company

E

Exelon

At Exelon Generation, 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 Generation. We have exciting opportunities in IL, NY, PA and MD.
COMPANY SIZE
10,000 employees or more
INDUSTRY
Other/Not Classified
WEBSITE
https://www.exeloncorp.com/