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Posted 21 hours agoSr. Valuation Analyst
at Xcel Energy
Denver, United StatesOn-site
Responsibilities
- Review and quickly understand commercial terms of standard and structured energy commodity contracts.
- Identify and validate pricing visible parameters and estimate illiquid pricing parameters.
- Develop and implement portfolio market risk distribution estimation methods.
- Ensure model development can be leveraged across the trade floor by commercial and control personnel.
- Coordinate with Risk Operations/other groups to implement system valuation models and methods in a robust, accurate, and timely manner. Minimum
Requirements
- Applies knowledge of standard quantitative/computational finance methods to energy commodity Risk System pricing and valuation spaces.
- Demanding internal customers and fast-paced trade floor operations require the ability to efficiently and effectively solve complex quantitative problems. Essential
- Leverage existing quantitative skills, knowledge of energy commodity markets and structured products to solve quantitative problems.
- Requirements Master's Degree in a numerate discipline, such as computer science, mathematics, engineering, physics or similar quantitative field.
- Understanding of pricing and valuation of complex, structured products in the energy commodity markets.
- Demonstrated ability to use statistical methods to model and explain energy market and contract risk characteristics.
- Knowledge of standard quantitative/computational finance methods and ability to apply them to pricing energy commodity market real options and structured products.
- Experience with parameter estimation, both using large data sets as well as when faced with sparse and illiquid market data.
- Programming skills for data analytics and model implementation, including Python, VBA.
- Knowledge of Trading Risk Systems ; Lacima, ETRM, Triplepoint CXL, SAS, Morningstar Curve Manager and IBM ESB preferred.
- Ability to communicate effectively with demanding customers on a fast-paced energy trade floor.
Experience
- Minimum 2 years of deal structuring, risk management, and/or coding experience.
Benefits
- Non-Bargaining The anticipated starting base pay for this position is: $84,900.00 to $138,400.00 per year This position is eligible for the following
- benefits: Annual Incentive Program, Medical/Pharmacy Plan, Dental, Vision, Life Insurance, Dependent Care Reimbursement Account, Health Care Reimbursement Account, Health Savings Account (HSA) (if enrolled in eligible health plan), Limited-Purpose FSA (if enrolled in eligible health plan and HSA), Transportation Reimbursement Account, Short-term disability (STD), Long-term disability (LTD), Employee Assistance Program (EAP), Fitness Center Reimbursement (if enrolled in eligible health plan), Tuition
Contact
- Individuals with a disability who need an accommodation to apply please contact us at recruiting@xcelenergy.com .
- ACCESSIBILITY STATEMENT Xcel Energy endeavors to make https://www.xcelenergy.com/ accessible to any and all users.
- If you would like to contact us regarding the accessibility of our website or need assistance completing the application process, please contact Xcel Energy Talent Acquisition at recruiting@xcelenergy.com.
Additional details
- Are you looking for an exciting job where you can put your skills and talents to work at a company you can feel proud to be a part of? Do you want a workplace that will challenge you and offer you opportunities to learn and grow? A position at Xcel Energy could be just what you’re looking for.
- Sr. Valuation Analyst Position Summary Develop and implement industry leading valuation models, providing direct support for complex trade floor Risk Systems and operations.
- Responsibilities Develop, implement and standardize pricing and valuation models to estimate risk, position and value or real energy options.
- Benchmark, test and document transaction pricing models and system valuation models.
- At Xcel Energy, we strive to be the preferred and trusted provider of the energy our customers need.
- If you’re ready to be a part of something big, we invite you to join our team.
- All qualified applicants will receive consideration for employment without regard to age, race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or status as a protected veteran.
- In any materials you submit, you may redact or remove age-identifying information including but not limited to dates of school attendance and graduation.
- You will not be penalized for redacting or removing this information.
- Deadline to Apply: 07/26/26 EEO is the Law | EEO is the Law Supplement | Pay Transparency Nondiscrimination | Equal Opportunity Policy (PDF) | Employee Rights (PDF) All Xcel Energy employees and contractors share responsibility for protecting the company's information and systems by adhering to cybersecurity policies, standards, and best practices, recognizing that cybersecurity is everyone's responsibility.