Automation: Automate pricing and risk measurement processes through the creation of technical infrastructure, working with the Forecasting and Solutions teams (preferably in Python).
Optimization: Create in-house, proprietary trading and dispatch strategies to deliver insight to the Commercial team to maximize asset value, support transaction structuring, and understand correlations.
Analysis: Identify value drivers, embedded optionality, and risks of vanilla and exotic power offtake products, with a focus on energy storage.
Innovation: Research and develop AI/ML solutions to pricing challenges and bring the most up-to-date quantitative techniques to the organization.
Structuring and Valuation: Establish value-based pricing standards and develop methodologies to support originated transactions, market operations, finance and M&A. Create scenario, stress-test, and backtesting approaches to communicate transaction risk.
Requirements
python
ai/ml
quant finance
energy markets
msc/phd
options theory
Problem-Solving: Adaptable, with the ability to prioritize tasks effectively and approach challenges with a creative, proactive mindset.
Integrity & Judgment: Strong track record of excellent judgment and integrity in previous roles.
Confidentiality: Proven ability to handle highly confidential information with utmost discretion.
Organizational Skills: Exceptional organizational abilities with keen attention to detail. Capable of managing multiple tasks simultaneously in a fast-paced environment and seeing delegated projects through to completion.
Technical Proficiency: Demonstrated proficiency in the Microsoft Office suite and TEAMS.
Location & Availability: Preference to be based in Portland, Denver or Los Angeles with periodic travel as needed. Standard 40-hour workweek, additional hours may be required as needed for projects.
Experience: 5+ years of experience in quantitative finance, with at least 2 in power and natural gas markets.
HSA/FSA for participating employees
Technical programming experience (preferably Python) with an expert understanding of AI/ML, data science, and optimization.
Education: Bachelor’s degree in mathematics, engineering, or other quantitative field, with a master’s or PhD in mathematics, economics, finance, engineering or physics is required.
Communication Skills: Excellent verbal and written communication skills, and ability to simplify complex topics (value drivers, risks, assumptions, alternatives) to a non-technical audience.
Experience with DA/RT, spot, and term power and gas products, including futures, options, and exotic structures. Experience with energy storage is preferred.
Team Orientation: Excellent ability to support and collaborate with immediate and cross-functional team members, contributing to collective success.
Expert understanding of options theory, real options, hedging strategies, risk measurement, discounted cash flows, and NPV/IRR mechanics.
Adaptability: Ability to be agile and flexible, readily taking on tasks outside the typical scope of the role as needed.
Benefits
401(k) plan with company match and immediate vesting
Cellphone reimbursement, hybrid work environment, healthy snacks, volunteer opportunities, company outings, and more.
Generous paid leave
Employee participation in Long Term Incentive Plan
GridStor offers an attractive Total Rewards package, including:
Continuing education and professional development
Competitive base salaries commensurate with experience with an annual cash bonus (based on Company and individual performance)
Comprehensive benefits package including medical, dental, vision, life, and disability insurance, including coverage for domestic partners and eligible domestic partner children
Training + Development
Information not given or found
Interview process
Information not given or found
Visa Sponsorship
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Security clearance
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Company
Overview
Revolutionizing energy storage aims to address global energy challenges.
Specializing in cutting-edge battery storage technologies offers scalable solutions to efficiently store energy.
Projects across commercial, industrial, and utility-scale sectors help reduce grid reliance and improve energy access.
Integrating renewable energy sources into the grid enhances stability and reliability.
Empowering businesses and communities to harness energy in innovative ways makes energy usage smarter and more sustainable.
Culture + Values
Collaboration and problem-solving are at the heart of the company's culture.
Operational excellence, innovation, and safety are key commitments.
A supportive and dynamic work environment is fostered for employees.
Continuous learning and development opportunities help employees grow and succeed.
Environment + Sustainability
2050
Net Zero Target
Aim to achieve net zero emissions by the year 2050, aligning with global climate goals.
Commitment to reducing carbon emissions through advanced energy storage solutions.
Focus on providing sustainable grid-scale energy solutions to support the transition to renewable energy.
Investing in innovative technologies to improve energy efficiency and reduce environmental impact.