Pricing Model Senior Analyst

Genie Energy
Newark, NJ Full Time
POSTED ON 5/12/2023 CLOSED ON 3/13/2024

Job Posting for Pricing Model Senior Analyst at Genie Energy

The Pricing Model Senior Analyst will oversee and maintain the company commodity pricing models to promote business continuity and expansion within our Power and Natural Gas retail and commercial supply efforts. The Analyst is responsible for identifying, planning, and executing strategies that enable market-based updates and modifications to ensure proper customer pricing and cost allocations are derived and delivered from the pricing model. In addition, the Analyst will specify/build analytical tools and reports to create and distribute model performance to the management team and integrate/automate ongoing market values concerning supply and other operational costs.

Job Responsibilities:

  • Collaborate with business users and units to evaluate, apply, and retain the market, regulatory and other relevant values of the pricing model for continuous maintenance and accuracy.
  • Ongoing monitoring of model results with weekly commentary on utilization, new activity and market events.
  • Plan and project manage an upgrade of the model to better technologies/platforms.
  • Interact with traders, originators, accounting staff, and management to understand and answer questions about the model and the values it generates.
  • Incorporate model and market settlement values with the billing platform to enable and promote market-driven pricing where applicable.
  • Analyze large volumes of data and present results in a clear, concise written and oral form.

Qualifications:

Basics

  • Bachelor’s degree in finance, economics, mathematics, or related field.
  • A minimum of 2 years of working knowledge of commodity risk and retail commodity pricing measures.
  • Demonstrated ability to research, analyze, and prepare reports and make recommendations.
  • Demonstrated ability to read and write fluently in English
  • Demonstrated understanding of natural gas and power physical markets related to physical retail supply.

Preferred

  • MS in finance or Risk specializes in financial risk major preferred.
  • Experienced with analytical and data manipulation applications such as Excel, SQL, Visual Basic, R, and other programming languages preferred.
  • Demonstrated ability to read and interpret invoices, financial statements, professional accounting standards, trading policies, contracts, agreements, computer printouts, industry. publications, reports, and correspondence.
  • Application of math and algebra.
  • Team player who is used to diving into issues, brainstorming solutions, and learning new methods and tools to address; results-oriented.

 

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Salary.com Estimation for Pricing Model Senior Analyst in Newark, NJ
$74,271 to $97,017
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