Senior Manager - Power Trading - Electricity Price Modelling

Position: Senior Manager-Power Trading

Company: Leading MNC in the Renewable Energy sector

Location: New Delhi

Reporting to: VP - Group level

Role:

Sr Manager/Power Modelling Head( 12-15 yrs exp):: Power Trading Managers/ Sr. Analysts/ Directors who can manage a team to perform advanced quantitative and economic analysis of energy markets globally, assess and forecast electric power market prices, power plant operation and valuation and has expertise in transmission planning studies, merchant transmission investment assessment and power systems modeling.

- You will also work closely on the long-term price forecasting exercise for India - a very comprehensive as well as intensive annual exercise. The team is strongly linked to the

modeling units in the Global offices, especially with Corporate Strategic Analysis in Oslo.

- Your role will also be responsible for maintaining close coordination with Market Front office, Asset business development teams, Portfolio Management and Risk Management to ensure the development of business ideas, products, and services to achieve sound commercial decisions.

Key accountabilities and expectations of your role includes:

- As a Head, this role is heavily reliant (75%-85%) on hands-on modeling skills and approach.

- Active support to management, especially with deliveries of fundamental price forecasting and energy analytics needs for India based on the use of unique tools and models.

- Tracking and analyzing relevant Regulatory frameworks and incorporating in the analysis space.

- You are expected to have a deep understanding of the full energy market value chain to provide support on business ideas and bespoke solutions to problem statements.

- Ownership of the modelling process, improvements, and to provide good quality reports, documents, and presentations to the stake holders and Management.

Your profile:

- 12-15 years (Head) of relevant experience and analytical background.

- Academic background with University degree, preferably at master level, in mathematics, economics, finance or engineering (or any other quantitative study - engineering/puresciences/econometrics etc).

- Demonstrated and strong quantitative modelling skills - extensive application in power/energy markets or energy analytics. Sound understanding of the fundamental market drivers of power and energy space.

- Knowledge of India power markets and regulatory space; SDDP/PLEXOS/PROMOD or other models/tools will be a strong plus