Market Associate - North American Power

  • Full-time
  • Verisk Business: Wood Mackenzie

Company Description

We help the world see new possibilities and inspire change for better tomorrows. Our analytic solutions bridge content, data, and analytics to help business, people, and society become stronger, more resilient, and sustainable.

Job Description

We are looking for a full-time Market Analyst, North American Power, to join Wood Mackenzie’s Short-Term Power Market Research team in Boston, MA. The team’s research spans power market fundamentals and price forecasting to asset valuation and strategy that comprises some of the most highly utilized data, reports, and insights across Wood Mackenzie. Our broad industry knowledge and deep understanding of the North American power market are unparalleled and help our clients succeed during the energy transition. The Market Analyst will have a strong background in analytics and growing expertise within the power industry.


About you and how you can excel in this role
Wood Mackenzie’s North American Power team comprises industry experts who are detail-oriented, intellectually curious, commercially savvy, and comfortable presenting to clients.
Your interest in fundamental power market research proves you hold these characteristics and are comfortable taking complex, disparate ideas and distilling them into simple, actionable analytics.
 

About the role
The Market Analyst will serve as the driving force in the delivery of industry-leading short-term power outlooks based on a blend of proprietary and public data. 
Market Analyst Core Responsibilities:
Operate models and support tools daily that include spatial, data visualization, and power flow applications to identify and solve problems in the power industry-specific to an ISO market;

  • Responsible for understanding and communicating Current-day/Next-day operational and financial risk to Asset owners, traders, retailers, etc. transacting in the markets daily, to assist them in making asset optimization decisions;
  • Provide insights and risks associated with longer-term congestion patterns, transmission upgrades, and outages through quarterly seasonal outlooks;
  • Run regional support workbooks daily and continuously improve the level of granularity provided to the team and customer;
  • Manipulate large datasets and determine correlations and relationships between potential market drivers, prices, and events;
  • Improve current processes by automating critical tasks using macros (visual basic/Python);
  • Present the team’s ISO desk, lead, managers, and other decision-makers with research projects/presentations, memos, or reports on market-relevant topics as requested and advise on the effects of various courses of action relevant to specific problems.

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Qualifications

  • Minimum one year experience in power markets or related field
  • Bachelor in economics, finance, math, stats, or energy-related discipline
  • Previous experience or demonstrated interest in power vertical
  • Preferrable advance degree or industry specialization
  • Preferable to have experience in using programming languages such as Python, Visual Basic, or comparable languages
  • You are committed to contributing to a welcoming and inclusive environment, are sensitive to diverse perspectives, and are passionate about equity in the workplace.

Additional Information

Wood Mackenzie is the global leader in data, analysis and consulting across the energy, chemicals, metals, mining, power and renewables sectors.

Founded in 1973, our success has always been underpinned by the simple principle of providing trusted research and advice that makes a difference to our customers. Today we have over 2,000 customers ranging from the largest global energy companies and financial institutions to governments as well as smaller market specialists.

Our teams are located around the world. This enables us to stay closely connected with customers and the markets and sectors we cover. Collectively this allows us to offer a compelling combination of global commodity analysis with detailed local market knowledge.

We are committed to supporting our people to grow and thrive. We value different perspectives and aspire to create an inclusive environment that encourages diversity and fosters a sense of belonging. We are committed to creating a workplace that works for you and encourage everyone to get involved in our Wellness, Diversity and Inclusion, and Community Engagement initiatives. We actively support flexible working and are happy to consider alternative work patterns, taking into account your needs and the needs of the team or division that you are looking to join. 

Hear what our team has to say about working with us:

https://www.woodmac.com/careers/our-people/

We are proud to be a part of the Verisk family of companies! 

At the heart of what we do is help clients manage risk. Verisk (Nasdaq: VRSK) provides data and insights to our customers in insurance, energy and the financial services markets so they can make faster and more informed decisions.   

Our global team uses AI, machine learning, automation, and other emerging technologies to collect and analyze billions of records. We provide advanced decision-support to prevent credit, lending, and cyber risks. In addition, we monitor and advise companies on complex global matters such as climate change, catastrophes, and geopolitical issues.  

But why we do our work is what sets us apart. It stems from a commitment to making the world better, safer and stronger.  

It’s the reason Verisk is part of the UN Global Compact sustainability initiative. It’s why we made a commitment to balancing 100 percent of our carbon emissions. It’s the aim of our “returnship” program for experienced professionals rejoining the workforce after time away. And, it’s what drives our annual Innovation Day, where we identify our next first-to-market innovations to solve our customers’ problems.   

At its core, Verisk uses data to minimize risk and maximize value. But far bigger, is why we do what we do. 

At Verisk you can build an exciting career with meaningful work; create positive and lasting impact on business; and find the support, coaching, and training you need to advance your career. We have received the Great Place to Work® Certification for the fifth consecutive year. We’ve been recognized by Forbes as a World’s Best Employer and a Best Employer for Women, testaments to our culture of engagement and the value we place on an inclusive and diverse workforce.  Verisk’s Statement on Racial Equity and Diversity supports our commitment to these values and affecting positive and lasting change in the communities where we live and work. 

Verisk Analytics is an equal opportunity employer.

All members of the Verisk Analytics family of companies are equal opportunity employers. We consider all qualified applicants for employment without regard to race, religion, color, national origin, citizenship, sex, gender identity and/or expression, sexual orientation, veteran's status, age or disability.

http://www.verisk.com/careers.html

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At Verisk, the health and safety of our people is our number one priority.  Effective November 15, 2021, and subject to applicable law, all prospective hires for office based roles or roles that support any of our businesses’ government contracts will be required to demonstrate that they are fully vaccinated against COVID-19 by their start date, or qualify for a legally-required medical or religious accommodation to this vaccination requirement, as a condition of employment. Hired candidates who do not demonstrate that they are fully vaccinated against COVID-19 by their start date, and who have not been approved for a legally-required medical or religious accommodation will no longer meet the requirements for employment and their offers of employment will be immediately rescinded, in accordance with applicable law.

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