NextEra Energy Resources

Quantitative Risk Analyst

LocationJuno Beach, FL
Job TypeFull-time

About This Job


Requisition ID: 85792

NextEra Energy Marketing is one of the nation’s leading electricity and natural gas marketers. We are responsible for electricity and fuel management for all of NextEra Energy Resources’ generation fleet, which includes the largest renewable energy portfolio in North America. We also provide marketing and trading services to electric and gas utilities, municipalities, cooperatives and other load-serving entities, as well as to owners of electric generation facilities. Are you interested in customizing power and gas solutions to meet each client’s needs? Join our world-class team today!


Position Specific Description

We're in search of a highly skilled Quantitative Analyst to bolster our quantitative analytics team in trading risk management. The role will encompass validating, crafting, deploying quantitative models that assess risks intrinsic to energy and commodity markets. This role is located in Juno Beach, FL.


Responsibilities:

Model validation/improvement/development: Construct, validate, and fine-tune sophisticated risk models spanning market, credit and liquidity risk segments, e.g., VaR, PFE, EaR, funding and market liquidity
Model implementation: Translate algorithms or codes in other languages into efficient Python codes
Valuation modeling for price verification and model validation purposes: Value exotic products, e.g., weather derivatives and construct/validate valuation inputs for structured products, e.g., full-requirements/load following deals, long-dated deals
Continuous Enhancement: Evolve and adapt risk models in response to shifting business strategies and dynamic market conditions
Scenario Exploration: Undertake comprehensive scenario analyses and stress tests to gauge potential repercussions of adverse market conditions
Collaboration: Work closely with cross-functional squads to guarantee seamless integration of risk models
High level of involvement in month-, quarter-, and year-end closing processes
Conform to SOX controls processes and innovate stronger controls
Mentor junior colleagues in best quantitative practices


Preferred Qualifications:

Advanced degree in a quantitative discipline such as Financial Engineering, Mathematics, or related science and engineering fields
Strong programming skills in languages such as Python or SAS for conducting quantitative analysis, 2+ years
Excellent proficiency in Excel, Pivot tables and SQL
Strong interpersonal communication skills
Understanding of physical trading, derivatives, and financial products
Experience in the energy and commodity sector strongly preferred
Expert in Python programming and distributed computing
Experience with ZEMA Data system


Job Overview

Employees in this role develop models, price energy derivatives, design and perform quantitative studies and analyses of spot/forward prices and volatilities for making pricing, trading, and risk management decisions. This position assists in the development of core algorithms and models to support trading, origination, and asset optimization decisions.


Job Duties & Responsibilities

Develops and improves upon mathematical models and translates algorithms into code
Works with origination, risk management and trading to interpret valuations provided by models and responds to intra-day trading requests to price and evaluate structured transactions
Assists development of energy price forecast, forward curve, and volatility models
Designs and constructs risk management tools used in evaluating company's risk profile and exposure levels
Performs other job-related duties as assigned


Required Qualifications

Bachelor's Degree
Master's Degree
Experience: 2+ years


Preferred Qualifications

Bachelor's - Accounting / Finance

NextEra Energy offers a wide range of benefits to support our employees and their eligible family members. Click here to learn more.


Employee Group: Exempt


Employee Type: Full Time


Job Category: Finance, Accounting & Business Analytics


Organization: NextEra Energy Marketing, LLC


Relocation Provided: Yes, if applicable

NextEra Energy is an Equal Opportunity Employer. Qualified applicants are considered for employment without regard to race, color, age, national origin, religion, marital status, sex, sexual orientation, gender identity, gender expression, genetics, disability, protected veteran status or any other basis prohibited by law. We are committed to a diverse and inclusive workplace.

NextEra Energy provides reasonable accommodation in its application and selection process for qualified individuals, including accommodations related to compliance with conditional job offer requirements, consistent with federal, state, and local laws. Supporting medical or religious documentation will be required where applicable and permitted by applicable law. To request a reasonable accommodation, please send an e-mail to recruiting-coordinator.sharedmailbox@nexteraenergy.com , providing your name, telephone number and the best time for us to reach you. Alternatively, you may call 1-844-694-4748. Please do not use this line to inquire about your application status.

NextEra Energy will not discharge or in any other manner discriminate against employees or applicants because they have inquired about, discussed, or disclosed their own pay or the pay of another employee or applicant. However, employees who have access to the compensation information of other employees or applicants as a part of their essential job functions cannot disclose the pay of other employees or applicants to individuals who do not otherwise have access to compensation information, unless the disclosure is (a) in response to a formal complaint or charge, (b) in furtherance of an investigation, proceeding, hearing, or action, including an investigation conducted by the employer, or (c) consistent with the contractor’s legal duty to furnish information.

NextEra Energy does not accept any unsolicited resumes or referrals from any third-party recruiting firms or agencies. Please see our policy for more information.

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