Portfolio Intelligence and Optimization Analyst

Description

Summary Description :

The Portfolio Intelligence and Optimization Analyst will work in the Energy Portfolio group analyzing, implementing, and executing near-term strategies within the NCEMC portfolio. This position requires strong analytical ability and utilization of problem-solving skills to provide qualitative and quantitative backed solutions. This position involves data analytics, portfolio optimization, working with numerous internal and external teams, and extensive software and digital tools, to plan and optimize a complex portfolio of power supply resources.

Academic and Trade Qualifications :

Bachelor’s degree is required. Degree in related field such as Engineering, Physics, Economics, Quantitative Finance, Business, Data Analytics, or other Business or Science field preferred. Experience with electric utilities, PJM RTO, energy services, DR / DER, trading, business intelligence tools, and electric cooperatives is strongly preferred.

Work Experience :

5-10 years in business analytics, financial engineering, energy markets, trading, or electric utility portfolio optimization.

Responsibilities :

Gather and analyze operational data related to NCEMC’s electric portfolio using Microsoft Excel, Databricks / SQL, and other internal tools

Develop and support the implementation of optimization models for energy production and resource allocation to optimize the Cooperative’s portfolio

Conduct simulations and scenario analyses to test the efficiency of optimization strategies under varying conditions.

Collaborate with engineering, operations, and finance teams to enhance processes and decision-making.

Monitor and measure the performance of implemented optimization strategies to ensure they meet objectives.

Execute studies of upcoming new resources and modifications to existing resources

Coordinate with trading group and contribute to near-term optimization strategy for NCEMC generation, contract execution, and RTO participation

Leading tasks and coordinating with teams to deliver planning and portfolio optimization solutions

Utilize analytical tools and execute strategies to improve accuracy and efficiency

Optimize and coordinate the implementation and dispatch of DR and DER resources

Employ risk management principles across the portfolio including fuel, congestion, and power market hedging

Facilitate necessary contract obligations and market commitments for data, testing, and performance

Support data and information requirements for participation in the PJM RTO

Monitor fuel and power market behavior for economic and operational opportunities

Report on portfolio metrics and recommend improvement strategies to increase value

Collaborate with engineering, operations, and finance teams to enhance processes and decision-making.

Provide regular reports and visualizations to communicate findings and recommendations to stakeholders.

Support NCEMC’s Brighter Future initiatives

Job Knowledge :

Analytical problem-solving knowledge and an understanding of optimization concepts are required. Understanding of energy markets, power purchase agreements, renewables, energy storage, modeling, and managing complex projects is strongly preferred.

Abilities and Skills :

Analytical mindset with a desire to problem solve and optimize

Financial analysis using Microsoft Excel, Databricks, PowerBI and other tools

Active, engaging, and enthusiastic team contributor

Ability to prioritize and plan multiple projects while achieving firm milestones

Desire to improve internal processes using automation and other lean techniques

Ability to work with diverse and numerous internal and external teams

Able to be effective and decisive when addressing real-time issues

Experience with Microsoft Office : Word, Excel, PowerPoint, and other products

Knowledge and proficiency in Python, SQL, VBA or other analytical programming languages is preferred

Experience with and knowledge of wholesale energy markets.

Strong mathematical background, experience with qualitative finance, risk management and analysis

Power Generation and Energy Storage near-term modeling and analytics

Able to work in normal office conditionsboth remote and in-person

Perform well both individually and within a team

Able to be responsible for a project from start to finish

Strong communications skills with an emphasis on conveying concise conclusions verbally and visually

Relationships and Contacts :

Reports to Manager Near-Term Optimization

Work with internal and external groups both as a team member and a project leader

Working Conditions :

Normal office conditions with occasional overtime and minimal travel. Work in a hybrid office environment which includes in office and remote work.

Company Profile : North Carolina’s Electric Cooperatives is the brand for the family of organizations formed to support the state’s 26 local electric cooperatives, including : North Carolina Electric Membership Corporation, the power supplier to many of the electric cooperatives; North Carolina Association of Electric Cooperatives, the cooperatives’ trade association; and Tarheel Electric Membership Association, Inc. (TEMA), a central purchasing and materials-supply cooperative.

North Carolina Electric Membership Corporation provides equal employment opportunities (EEO) to all applicants for employment.

Equal Opportunity Employer

This employer is required to notify all applicants of their rights pursuant to federal employment laws.

For further information, please review the Know Your Rights () notice from the Department of Labor.