Quantitative Analyst

The role

Quant Analysts build and improve models for the Trading & Risk platform. You will own price models for wholesale markets like ERCOT and PJM and develop hedging strategies.

What you will do

• Improve Base's price distributions by capturing grid congestion effects
• Build a price model for PJM to track risk and make hedging decisions
• Build a hedging strategy for PJM using the models you build

Required qualifications

• Understand wholesale energy market operations like ERCOT, including real-time arbitrage, ancillary services, and capacity
• Understand unit commitment, economic dispatch, and production cost modeling
• Build models in Python or another language
• Pull data with SQL
• Work through a model independently
• Understand the bias-variance tradeoff, train/validation/test evaluation, and loss functions for categorical and continuous targets
• Deeply familiar with at least one statistical subfield, like extreme value theory, information theory, or stochastic processes
• Deployed models to production with versioning and maintenance
• Scaled training beyond a single machine
• Know Python, pandas, and visualization libraries well

About the company

Base is America's next-generation power company rebuilding the foundation of modern civilization by deploying a vast network of distributed batteries. They are engineers, operators, and creatives solving complex, interdisciplinary challenges.