Citigroup Energy North America is seeking a senior level individual to lead Power fundamental Analysis with a focus on Northeast Markets (PJM, NYISO, and New England ISO). This position is responsible for supporting Citigroup Energy North America (and the larger Citigroup franchise when business priorities permit) with analysis developed from a deep understanding of the key midterm and long-term drivers of the transmission, regulatory, supply and demand and – by extension – prices. This position must build credibility with the trading desk so that such foresight can be translated into commercial gain primarily in the Trading business function but also in Sales, Origination and Business Development. The emphasis is on developing both qualitatively and quantitatively advantaged capabilities, supported as appropriate by models, tools and techniques that yield high quality insight. Collaborating with peers in the Fundamentals team to build scalability in this respect is essential.

Duties/Responsibilities:

• Use fundamental analysis techniques to support trading and origination decisions
• Research and understand the fundamentals drivers related to supply/demand/transmission in the context of medium and long term modeling focused on developing forward pricing views
• Monitor market developments in market design/regulatory issues that could impact prices
• Liaison with external vendors and extract best practice market intelligence
• Maintain and execute models capable of zonal and nodal market simulations (DAYZER, PROMOD, PowerWorld, Plexos)
• Occasionally produce client facing research for client presentations
• Work collaboratively with other natural gas and power analysts
   

Required Skills:

• BA in Engineering/Computer Science/Mathematics/Economics/Econometrics required, Masters/PhD preferred
• 8+ Years of experience of Power Fundamentals work within an energy trading environment
• Must be able to develop Fundamental views that will be translated into profitable trades
• Comfort level with technology based research given the ability to manage multiple high priority tasks
• Proficiency with typical Microsoft Office applications
• 5+ years of experience with at least one of the following applications:
  • Dayzer, UPlan, ProMod, Powerworld and Aurora
• Strong interpersonal skills and the ability to build relations at multiple levels and across teams
• Exceptional communication and presentation skills, both written and oral
• Ability to filter multiple perspectives for commercially actionable intelligence
• Demonstrated understanding of power fundamentals

Qualifications:

• 15+ years of experience in a related role
• Advance statistics and data analysis background, with modelling capabilities, and spreadsheet oversight greatly preferred
• Proven success with a programing background in one or more programming languages, including: Q/KDB, Python, R
• Demonstrated ability to conduct own research, evaluate proof of concepts / prototypes, articulate ideas and deliver presentations
• Consistently demonstrates clear and concise written and verbal communication
• Attention to Detail and Accuracy
• Proven ability to manage to deadlines

Education:

• Bachelor’s degree/University degree or equivalent experience
• Master’s degree preferred

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Job Family Group:

Institutional Trading

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Job Family:

Trading

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Time Type:

Full time

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Primary Location:

Houston Texas United States

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Primary Location Full Time Salary Range:

$200,000.00 - $300,000.00

In addition to salary, Citi’s offerings may also include, for eligible employees, discretionary and formulaic incentive and retention awards. Citi offers competitive employee benefits, including: medical, dental & vision coverage; 401(k); life, accident, and disability insurance; and wellness programs. Citi also offers paid time off packages, including planned time off (vacation), unplanned time off (sick leave), and paid holidays. For additional information regarding Citi employee benefits, please visit citibenefits.com. Available offerings may vary by jurisdiction, job level, and date of hire.

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Anticipated Posting Close Date:

Aug 27, 2024

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