A Few Words About Us Integrated Resources, Inc is a premier staffing firm recognized as one of the tri-states most well-respected professional specialty firms. IRI has built its reputation on excellent service and integrity since its inception in 1996. Our mission centers on delivering only the best quality talent, the first time and every time. We provide quality resources in four specialty aretas: Information Technology (IT), Clinical Research, Rehabilitation Therapy and Nursing.

Title: Business Analyst

Location: Newark NJ

Duration: 6+ month

Job Description:

• Candidates with 1 to 2 years of Commodities/Energy (Power/Gas)

• Experience with Northeast Power Markets

• Understanding of various trades

• VBA, R, Matlab, coding experience 

• Excel is a must have

• Strong communication skills, organized and detailed 

• Experience with quantitative finance and portfolio theory – generation assets, etc.

• Prefer a Masters in Quant/Finance 

• BA in Science, Engineering, Finance is a must 

• Understanding of basic programming concepts 

• Possibility to go perm

• Monitor portfolio risk associated with PSEG Power’s fleet of electricity generation assets as well as physical & financial derivative hedges.

• Use energy risk software to model Gross-Margin-at-Risk (GMaR), Value-at-Risk (VaR), Potential Future Exposure (PFE), and Potential Margin.

• Create and maintain various commodity price and electricity load risk factors models that form the basis of PSEG’s risk framework.

• Provide quantitative support to credit risk team as it relates to Potential Future Exposure and Potential Margin calculations.

• Employ derivative pricing models (futures, swaps, forwards, options, spread options, etc.) to ensure accuracy of risk related commodity derivative valuations.

• Work closely with traders and portfolio managers to assess and monitor risk and compliance with market risk policies and limits. 

• Daily monitoring of electricity, natural gas, coal, and related commodity forward price and volatility curves.

• Responsible for daily and weekly risk analysis and reporting on market driven financial risk to senior management including C-level executives.

Required Competencies: 

• Knowledge of risk management fundamentals and financial derivatives.

• Strong analytical skills and attention to detail.

• Good problem solving and decision making ability.

• Excellent organizational skills with ability to handle multiple duties simultaneously.

• Ability to effectively communicate at all levels.

• Project management skills.

Desired Qualifications: 

• Master’s degree in quantitative discipline or MBA.

• Energy risk management or commodities risk experience.

• Strong general understanding of computer programming e.g. R, VBA, Matlab, C++.

• Working knowledge of northeast ISOs, e.g. PJM.

• Experience with Aligne or similar ETRM system.

Basic Qualifications: 

• Bachelors in Economics, Finance, Mathematics, Engineering, Business, Computer Science, or a Quantitative related degree.

• Prior related experience in risk management, finance, quantitative analysis, or energy required.

• Proficient in Microsoft Excel.

• Experience with R, S-Plus, MATLAB, or another statistical software package.

• Ability and willingness to be flexible with work schedule to accommodate the business needs.

• Candidate must foster an inclusive work environment and respect all aspects of diversity.

• Successful candidate must demonstrate and value differences in others' strengths, perspectives, approaches, and personal choices.

Kind Regards

Sachin Gaikwad

Technical Recruiter

Integrated Resources, Inc. 

IT Life Sciences Allied Healthcare CRO

Certified MBE |GSA - Schedule 66 I GSA - Schedule 621I

Direct Line : 732-429-1920 Ext 301

Board: 732-549-2030 

 www.irionline.com 

LinkedIn: www.linkedin.com/in/gaikwadsachin