Senior Associate, Risk and Structuring Analytics

The role

The Senior Associate of Risk and Structuring Analytics will develop quantitative models for BESS valuation, structured products pricing, gas generation optimization, and power market analysis. This person will build the CWENQuant platform and provide risk analytics to inform commercial decisions.

What you will do

• Develop and deploy complex optimization models for BESS, renewables, gas, and data center projects.
• Develop Stochastic or Machine Learning / Deep Learning models to forecast prices.
• Develop and maintain gas dispatch, HRCO, toll, and other structured pricing models.
• Perform mark-to-market analysis and support due diligence, underwriting, and credit analytics.
• Refine vendor models or develop in-house models for capacity expansion.
• Benchmark models against actual operations and market outcomes.
• Build and enhance CWENQuant and develop data pipelines.
• Design and maintain MtM, VaR, and PaR frameworks.
• Run scenario, sensitivity, and stress-testing analyses.
• Quantify hedge effectiveness and basis risk for structured transactions.

Required qualifications

• Bachelor’s degree in Engineering, Finance, Mathematics, Statistics, Economics, or a related field.
• 3+ years of quantitative or modeling experience within the energy sector.
• Working experience developing ML/DL models using scikit-learn, Keras, or TensorFlow.
• Experience with linear/Mixed Integer programming and associated tools like PuLP, Gurobi, CPLEX, etc.
• Strong quantitative background with deep hands-on experience coding in Python.
• Strong understanding of power market economics, wholesale market structure, and asset operations in ISO markets.
• Ability to build optimization models and stochastic or ML/DL forecasting frameworks.
• Understanding of option pricing, volatility, game theory, opportunity cost, and optimization.
• Ability to formulate and articulate viewpoints in a clear, persuasive, and succinct manner.
• Ability to handle multiple concurrent efforts and provide high-quality deliverables.
• Ability to work well in a fast-paced, team-oriented, collaborative environment.
• Strong interpersonal, analytical, and problem-solving skills.

Nice to have

• Knowledge of BESS, renewable, and conventional assets, HRCO, and toll modeling.
• R, SQL, etc.
• Working experience with stochastic models, mean reversion, and jump diffusion.
• Exposure to ETRM systems, MtM, and VaR model validation/governance practices.
• Master’s or PhD

Benefits

• Generous PTO
• Medical, dental & vision care
• HSAs with company contributions
• Health FSAs
• Dependent daycare FSAs
• Commuter benefits
• Relocation
• 401(k) plan with employer match
• Variety of life & accident insurances
• Fertility programs
• Adoption assistance
• Generous parental leave

Before you apply

• No visa sponsorship or any kind of sponsorship for employment authorization is available for this role, now or in the future.

About the company

Clearway Energy Group is leading the transition to a world powered by clean energy. Its portfolio comprises approximately 11.6 GW of gross generating capacity in 26 states.