Market Associate
Wood Mackenzie is the global data and analytics business for the renewables, energy, and natural resources industries. Enhanced by technology. Enriched by human intelligence. In an ever-changing world, companies and governments need reliable and actionable insight to lead the transition to a sustainable future. That’s why we cover the entire supply chain with unparalleled breadth and depth, backed by over 50 years’ experience. Our team of over 2,400 experts, operating across 30 global locations, are enabling customers’ decisions through real-time analytics, consultancy, events and thought leadership. Together, we deliver the insight they need to separate risk from opportunity and make confident decisions when it matters most.
Wood Mackenzie Values
- Inclusive – we succeed together
- Trusting – we choose to trust each other
- Customer committed – we put customers at the heart of our decisions
- Future Focused – we accelerate change
- Curious – we turn knowledge into action
Job Description
We are looking for a full-time Market Associate, Short-term Power, to join Wood Mackenzie’s North American Power (NAP) team in Boston. The team’s research spans power market fundamentals and price forecasting to asset valuation and strategy that comprises some of the most highly utilized data, reports, and insights across Wood Mackenzie. Our broad industry knowledge and deep understanding of the North American power market are unparalleled and help our clients succeed during the energy transition.
The Market Analyst will have a strong background in analytics and growing expertise within the power industry.
About you and how you can excel in this role
Wood Mackenzie’s North American Power team comprises industry experts who are detail-oriented, intellectually curious, commercially savvy, and comfortable presenting to clients.
Your interest in fundamental power market research proves you hold these characteristics and are comfortable taking complex, disparate ideas and distilling them into simple, actionable analytics.
About the role
The Market Analyst will serve as the driving force in the delivery of industry-leading short-term power outlooks based on a blend of proprietary and public data.
Market Analyst Core Responsibilities:
- Operate models and support tools daily that include spatial, data visualization, and power flow applications to identify and solve problems in the power industry-specific to an ISO market;
- Responsible for understanding and communicating Current-day/Next-day operational and financial risk to Asset owners, traders, retailers, etc. transacting in the markets daily, to assist them in making asset optimization decisions;
- Provide insights and risks associated with longer-term congestion patterns, transmission upgrades, and outages through quarterly seasonal outlooks;
- Run regional support workbooks daily and continuously improve the level of granularity provided to the team and customer;
- Manipulate large datasets and determine correlations and relationships between potential market drivers, prices, and events;
- Improve current processes by automating critical tasks using macros (visual basic/Python);
- Present the team’s ISO desk, lead, managers, and other decision-makers with research projects/presentations, memos, or reports on market-relevant topics as requested and advise on the effects of various courses of action relevant to specific problems.
Qualifications
- Bachelors degree in economics, finance, math, stats, or energy related discipline
- Previous experience or demonstrated interest in power vertical
- Nice to have 1+ years of business experience
- Preferable to have experience in using programming languages such as Python, Visual Basic, or comparable languages
- You are committed to contributing to a welcoming and inclusive environment, are sensitive to diverse perspectives, and are passionate about equity in the workplace.
Equal Opportunities
We are an equal opportunities employer. This means we are committed to recruiting the best people regardless of their race, colour, religion, age, sex, national origin, disability or protected veteran status. You can find out more about your rights under the law at www.eeoc.gov
If you are applying for a role and have a physical or mental disability, we will support you with your application or through the hiring process.