Senior Quantitative Analyst / Quantitative Analyst, Risk Analytics

WHO WE ARE

As the nation's largest producer of clean, carbon-free energy, Constellation is focused on our purpose : accelerating the transition to a carbon-free future. We have been the leader in clean energy production for more than a decade, and we are cultivating a workplace where our employees can grow, thrive, and contribute.

Our culture and employee experience make it clear : We are powered by passion and purpose. Together, we're creating healthier communities and a cleaner planet, and our people are the driving force behind our success. At Constellation, you can build a fulfilling career with opportunities to learn, grow and make an impact. By doing our best work and meeting new challenges, we can accomplish great things and help fight climate change. Join us to lead the clean energy future.

TOTAL REWARDS

Constellation offers a wide range of benefits and rewards to help our employees thrive professionally and personally. We provide competitive compensation and benefits that support both employees and their families, helping them prepare for the future. In addition to highly competitive salaries, we offer a bonus program, 401(k) with company match, employee stock purchase program; comprehensive medical, dental and vision benefits, including a robust wellness program; paid time off for vacation, holidays, and sick days; and much more.

PLEASE NOTE : This role can be filled at either the Quantitative Analyst or Senior Quantitative Analyst level. Please see below for position details, compensation, and requirements.

Senior Quantitative Analyst expected salary range of $117,900 to $131,000, varies based on experience, along with comprehensive benefits package that includes bonus and 401(k).

Quantitative Analyst expected salary range of $97,200 to $108,000, varies based on experience, along with comprehensive benefits package that includes bonus and 401(k).

SENIOR QUANTITATIVE ANALYST - PRIMARY PURPOSE OF POSITION

This job has responsibility for proposing and developing new risk models, building risk modeling infrastructure, designing and prototyping risk metrics, overseeing the daily production of risk reporting systems and databases, providing analytical support to Risk and Commercial functions, overseeing the risk pricing methodologies, testing Risk system soundness given upstream system changes, and managing Risk IT initiatives. Design and prototype new market, credit, liquidity, and operational risk metrics, assist with the establishment of risk controls and monitoring activities Building the Risk modeling infrastructure including the production models, automated reports, databases, job scheduling systems. Provide quantitative analyses for Risk functions, commercial teams, and the finance group. Examples include alternative commodity hedging strategy assessment, standard product risk premium pricing matrix development, price verification, hedging effectiveness testing, and financial planning. Owns the risk pricing methodologies for standard products, provide regular updates, and. communicate to commercial team drivers of the changes. Work closely with all risk functions, business owners, and IT on developing efficient risk reporting tools. Maintain and expand the existing Risk reporting system, analytical tools, and databases which are used by the Risk Management Group for measuring and analyzing risks associated with the company's portfolios. Participate in the SAS system architecture design and enhancements. Diligently pursue information and conduct research to understand energy products, introduce best business practices, and propose new modeling methodologies. Pricing capital costs and risk premiums for standard products

QUANTITATIVE ANALYST - PRIMARY PURPOSE OF POSITION

This job has responsibility for proposing and developing new risk models, building risk modeling infrastructure, designing and prototyping risk metrics, overseeing the daily production of risk reporting systems and databases, providing analytical support to Risk and Commercial functions, overseeing the risk pricing methodologies, testing Risk system soundness given upstream system changes and managing Risk IT initiatives. Design and prototype new market, credit, liquidity, and operational risk metrics, assist with the establishment of risk controls and monitoring activities Building the Risk modeling infrastructure including the production models, automated reports, databases, job scheduling systems. Provide quantitative analyses for Risk functions, commercial teams, and the finance group. Examples include alternative commodity hedging strategy assessment, standard product risk premium pricing matrix development, price verification, hedging effectiveness testing, and financial planning. Owns the risk pricing methodologies for standard products, provide regular updates, and communicates to commercial team drivers of the changes. Work closely with all risk functions, business owners, and IT on developing efficient risk reporting tools. Maintain and expand the existing Risk reporting system, analytical tools, and databases which are used by the Risk Management Group for measuring and analyzing risks associated with the company's portfolios. Participate in the SAS system architecture design and enhancements. Diligently pursue information and conduct research to understand energy products, introduce best business practices, and propose new modeling methodologies. Pricing capital costs and risk premiums for standard products.

SENIOR QUANTITATIVE ANALYST - PRIMARY DUTIES AND ACCOUNTABILITIES

• Proposing risk metrics and building risk modeling infrastructure
• Provide quantitative analyses to Risk and Commercial functions
• Validate production models
• Develop risk capital framework
• Validate option pricing and volatility / correlation curves
• Oversee the production code change management
• Support Strat Plan / SPA update
• Provide risk pricing of standard products and structured deals

QUANTITATIVE ANALYST - PRIMARY DUTIES AND ACCOUNTABILITIES

SENIOR QUANTITATIVE ANALYST - MINIMUM QUALIFICATIONS

QUANTITATIVE ANALYST - MINIMUM QUALIFICATIONS

SENIOR QUANTITATIVE ANALYST - PREFERRED QUALIFICATIONS

QUANTITATIVE ANALYST - PREFERRED QUALIFICATIONS