Job Type
Full-time
Description
About Us
Hecate Grid is a leading energy storage IPP that develops, owns and operates standalone storage projects in the U.S. The platform is owned by InfraRed Capital, an infrastructure investment with over $14 billion in assets under management. Launched in September 2018, Hecate Grid has leveraged the deep industry experience of Hecate Energy and the secure backing of InfraRed Capital to establish itself as a leading storage IPP.
Compensation and Benefits
- $100,000 – $130,000
- Performance-based annual bonus
- Excellent health insurance with 100% premium covered
- Pre-tax Dependent Care Benefit
- 401k with employer match
- Commuter Benefit
- Competitive PTO and SICK leave
- Family Leave Benefit
Job Summary
The Manager, Market Analytics is responsible for leading data-driven insights and optimizing market participation strategies. This role will play a critical part in analyzing electricity markets, forecasting prices, and enhancing trading strategies for battery storage projects. The ideal candidate will have expertise in power markets, data modeling, and machine learning techniques to drive decision-making and maximize value in energy trading.
The Manager, Market Analytics will report to the Vice President, Commercial Analytics.
Required Qualifications
- Bachelor’s degree in economics, mathematics, statistics, data science, or a related technical field
- Five to ten years of experience in energy market analysis, trading strategy development, or energy sector analytics
- Proficiency in Python, R, or similar programming languages for data analytics
- Strong background in machine learning and optimization models
Requirements
Skills and Competencies
- Experience with PostgreSQL or other database management systems
- Familiarity with cloud computing platforms like AWS is a plus
- Strong problem-solving and analytical mindset
- Excellent communication skills to convey complex market insights
- Ability to collaborate in a team-oriented environment and adapt to evolving market conditions
Responsibilities
- Develop and refine price forecasting models using machine learning and statistical techniques to improve accuracy
- Analyze electricity markets to identify trends, risks, and opportunities that impact energy trading strategies
- Optimize market participation strategies by leveraging data-driven insights and working closely with Asset Management teams
- Utilize optimization models to forecast market behavior and inform trading decisions
- Monitor and assess policy and regulatory changes to anticipate market shifts and adjust strategies accordingly
- Collaborate cross-functionally with operations, trading teams, and analytics groups to support strategic decision-making
- Present data-driven insights and recommendations to senior leadership to enhance profitability and efficiency
Work Conditions
The Manager, Market Analytics will be based in Chicago, IL and may work in a hybrid arrangement with a combination of in-office and remote work.
To apply for this position please access the application link below:
https://recruiting.paylocity.com/Recruiting/Jobs/Details/3171280