3965 - Quantitative Analyst
Location: Newark, New Jersey US
Job Number: 564
Requisition ID: 64583
Job Function/Category: Finance / Accounting
Employment Type: Exempt Full Time
This is an exciting time to be joining PSEG. Our commitments, which include safety, integrity, customer focus, and diversity & inclusion, are the fabric of our culture and help drive the success of our business. We are fortunate to have an outstanding workforce of diverse and highly skilled talent who move us forward in our operational excellence journey. PSEG has more than 12,000 employees who are dedicated to the communities we serve and embody our vision: People providing Safe, Reliable, Economic and Greener Energy. Job Responsibilities
DUTIES: Work with marketers, traders, risk managers, project developers, and quantitative analysts to analyze complex market structures, advise in the development of new high margin products and design viable hedging strategies for portfolio management, perform financial analysis required for project finance, and develop quantitative analysis models required in forecasting, structuring, and capital budgeting.
Analyze embedded option products that are offered to PSEG ER&T and contribute in designing new profitable product structures that ER&T can sell to customers for hedging purposes. Directly participate with Regional Marketers on external customer calls in order to understand and address customer needs with transaction structures .
Job Specific Qualifications
• Master's degree in Mathematics, Statistics, Physics, Finance or a related field. • Must have 2 years of experience working in energy trading or financial related products. • Must have experience with statistical techniques and the mathematics of option theory. • Must have experience with Excel and programming skills in VBA and Math-related packages such as SPLUS/R or Matlab. • Must have experience with automating pricing processes, developing pricing systems and analysis tools using R or Pyrthon and SQL, preparing valuations of structured transactions and/or M&A opportunities including data analysis and portfolio valuation, quantitative modeling, pulling large amounts of data from multiple databases, performing financial analysis required for project finance, and developing quantitative analysis models required in commodity trading, forecasting, structuring and capital budgeting. • Must have legal authority to work in U.S. EEOE.
Email resumes to: Nancy Leeman, HR Business Partner, PSEG Services Corporation, firstname.lastname@example.org
Certain positions at the Company may require you to have access to Part 810-Controlled Information. Under the law, the Company is limited in who it can share this information with and in certain circumstances it is necessary to obtain specific authorization before the Company can share this information. Accordingly, if the position does require access to this information, you must complete a 10 CFR Part 810 Export Control Compliance Nationality Request Form, a copy of which will be provided to you by Talent Acquisition if an offer is made. If there is a need for specific authorization, due to the time it takes to obtain authorization from the government, we will likely not be able to further proceed with an offer.As an employee of PSE&G or PSEG Long Island, you should be aware that during storm restoration efforts, you may be required to perform functions outside of your routine duties and on a schedule that may be different from normal operations.
This site ( http://www.pseg.com ) is strictly for candidates who are not currently PSEG employees. PSEG employees must apply for jobs internally through empower which can be accessed through the mypseg homepage by clicking on the employee center tab, then under the empower header, choose careers.
Business needs may cause PSEG to cancel or delay filling position at any time during the selection process.
Certain positions at the Company may require you to have access to Part 810-Controlled Information. Under the law, the Company is limited in who it can share this information with and in certain circumstances it is necessary to obtain specific authorization before the Company can share this information. Accordingly, if the position does require access to this information, you must complete a 10 CFR Part 810 Export Control Compliance Nationality Request Form, a copy of which will be provided to you by Talent Acquisition if an offer is made. If there is a need for specific authorization, due to the time it takes to obtain authorization from the government, we will likely not be able to further proceed with an offer.
Public Service Enterprise Group (PSEG) is an equal opportunity employer, dedicated to a policy of non-discrimination in employment, including the hiring process, based on any legal protected characteristic. Legally protected characteristics included, race, color, religion, national origin, sex, age, marital status, sexual orientation, disability, or veteran status or any other characteristic protected by federal, state, or local law in locations where PSEG employs individuals.
Need to request an accommodation?
If you have a disability and need assistance submitting your resume, applying for a position or registering for a test, please call 973-430-3845. Any information provided regarding a disability will be kept strictly confidential and will not be shared with anyone involved in making a hiring decision.
Nearest Major Market: Newark
Nearest Secondary Market: New York City
Job Segment: Compliance, Database, SQL, Recruiting, Legal, Technology, Human Resources
Job Number: 64583
Community / Marketing Title: 3965 - Quantitative Analyst
Location_formattedLocationLong: Newark, New Jersey US