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Quantitative Analyst

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Date: Feb 21, 2021

Primary Location: Juno Beach, FL, US, 33408

Company: NextEra Energy

Requisition ID:  50192 

 

NextEra Energy Resources is one of the largest wholesale generators of electric power and renewable energy from the wind and sun in North America.

 

Position Specific Description

The Market Risk team is responsible for maintaining valuation methodologies and models, performing routine analyses or ad-hoc analyses for new products, and enhancing risk management tools supporting Front Office and other groups.  In this role, the analysts apply advanced analytic & modeling techniques to develop solutions for various business needs and risk assessment for trading portfolio.  The analysts will have broad exposure to various groups from individual traders to Senior Management.

 

Other responsibilities include:

 

  • Validates system valuation for interest rate swaps and other financial instruments
  • Provides off-system valuation
  • Develops and maintains analyses tools
  • Obtains approvals and coordinates with IT on system implementation of new methodologies
  • Reviews Full Requirements MTM curve updates
  • Supports month-end and quarter-end reporting
  • Monitors and reviews monthly or annual updates that are critical to system valuation
  • Works with origination, risk management and trading to define and evaluate risks on potential transactions
     
    A successful candidate must be highly motivated individuals with strong analytical skills and will have demonstrated skills collaborating with others and achieving results effectively.  Knowledge of energy markets and ISOs, or experience with SAS, Matlab or other programming-oriented solutions a big plus.

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


•  High School Grad / GED
•  Bachelor's Degree
•  Master's Degree
•  Experience:3+ years

Preferred Qualifications


•  Effective Written Communications
•  Effective Verbal Communications
•  Bachelor's - Accounting / Finance
•  JavaScript.
•  Liability/Risk Analysis
•  Lotus Notes

 

Employee Group:  Exempt
Employee Type:  Full Time
Job Category:  Finance, Accounting & Business Analytics
Organization:  NextEra Energy Marketing, LLC 
Location:  Juno Beach, Florida 
Other Work Locations:  Florida 
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.

If you require special support or accommodation while seeking employment with NextEra Energy, 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 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.

#LI-JD1 


Nearest Major Market: Palm Beach
Nearest Secondary Market: Miami