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Manager, Risk Modeling and Analytics

Employer
Exelon Corporation
Location
Parkville, MD
Closing date
Aug 5, 2021
Description At Exelon, 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! PRIMARY PURPOSE OF POSITION The Risk Analytics team supports Exelon's trading and marketing business, which relies heavily on complex models for asset valuation, as well as to measure key risks in a large, integrated energy commodity portfolio. Specifically, this job has responsibility for developing and maintaining Risk models, validating newly developed or modified commercial models, and providing meaningful ad-hoc risk analysis which will be used throughout the commercial organization. In this position, you will develop expertise across both power and gas wholesale markets, follow industry trends impacting energy markets, and apply quantitative methods that support effective insights for commercial decision-making. Provide independent model validation to new models before deployment and assist with the establishment of risk controls and monitoring activities Build and maintain the risk modeling infrastructure including the production models, automated reports, databases, job scheduling systems Provide ad-hoc quantitative analyses for Risk functions, commercial teams, finance group, and other internal stakeholders. Examples include alternative commodity trading or hedging strategy assessment, product risk premium pricing, illiquid forward curve marking (volatilities, correlations), price verification, hedging effectiveness testing, and financial planning. Design and prototype new market, credit, liquidity, and operational risk metrics, assist with the establishment of risk controls and monitoring activities Oversee the production code change management Diligently pursue information and conduct research to understand energy products, introduce best business practices, and propose new modeling methodologies PRIMARY DUTIES AND ACCOUNTABILITIES 1. Validation of production models 2. Develop and maintain risk models 3. Ad-hoc quantitative analysis to Risk and Commercial functions 4. Support Risk reports and metrics 5. Oversee production code change management 6. Information gathering, research, best-practices benchmarking 7. Training/mentoring/other staffing-related Qualifications POSITION SPECIFICATIONS Advanced degree in economics, quantitative finance, mathematics, physics, engineering or equivalent quantitative disciplines At least 4 years of related experience applying quantitative analysis techniques in a business setting Understanding of probability theory, applied and financial math concepts and techniques Substantive experience using programming languages or analytical packages commonly used in model development, such as Python, Matlab, C/C++, R, SAS, and SQL A motivated self starter and creative thinker with the ability to work independently and collaboratively with colleagues at all levels of the organization. Driven to develop and maintain effective relationships with internal and external partners. Demonstrated ability to perform responsibilities under time pressure with a high degree of accuracy, to prioritize multiple tasks effectively, build consensus, and adapt to evolving business needs Preferred PhD preferred Prior experience in quantitative role in the finance/energy industry Excellent communication, presentation, and interpersonal skills with the ability to discuss technical subjects with a wide variety of audiences DISCLAIMER The preceding position description is intended to provide the general nature and level of work to be performed by employees within this classification. It is not intended to be a detailed description of the position or a comprehensive listing of all duties, responsibilities, and qualifications required of employees assigned to this position, nor is it intended to indicate the exact amounts of time an individual will perform various position duties. 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. VEVRAA Federal Contractor EEO is the Law Poster:

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