Houston, TX

A global energy merchant trading company is searching for an experienced power & gas quantitative strategist to undertake power structuring activities. This position is part of the commercial team and works directly with the originators, traders, quants and customers to put together competitive deals and products. Key responsibilities include:

  • designing complex valuation and price models for structured products including tolling agreements, full requirements / load-following deals, PPA agreements, shaped products, revenue puts, swaptions, weather contingent derivative products, basket options, heat rate options, RECs and other physical/financial/derivatives, and
  • enhancing and backtesting pricing models on an ongoing basis.

Educational and professional requirements include a PhD in a quantitative field (mathematics, engineering, physics, statistics, etc.); 2-5 years’ experience in a power or gas quantitative role, ideally with experience pricing and structuring complex and transactions (exotic options, bespoke structures) or experience building or enhancing pricing models is preferred; strong understanding of embedded optionality and drivers; and experience with coding is required. Submit resumes to chynes@salthillgroup.com.