Job Description

Requisition ID: 94278

NextEra Energy Marketing is one of the nation’s leading electricity and natural gas marketers, and a key player in the energy markets in the United States and Canada. As a part of NextEra Energy Resources, we specialize in innovative energy strategies that maximize market value for our customers and stakeholders. Our team is skilled in market analysis, trading, risk management and delivering tailored customer solutions across North America. If you are a strategic thinker eager to make a significant impact in the fast-paced energy industry, join our team today.

Position Specific Description

The Principal Quant role is the senior-most individual contributor responsible for the mathematical and computational integrity of the trade floor’s grid and congestion models. The Principal Quant owns the most complex modeling problems linking physical grid behavior, ISO dispatch logic, congestion-driven price formation, and FTR/ARR auction modeling mechanisms, ensuring these models are quantified, scalable, and applicable for decision support.

Key Responsibilities

Advanced Power Systems & Market Modeling

• Design, implement, and validate DC/AC power flow and contingency models that reflect real ISO dispatch, contingency logic, and constraint management practices; real-world experience in PJM or ERCOT is a plus.
• Build and maintain high-fidelity representations of flowgates, interface constraints, thermal and voltage limits impacting DA/RT markets and FTR/CRR/ARR outcomes.
• Develop analytical frameworks that connect: (1) grid topology and outages; (2) security-constraint economic dispatch/unit commitment; (3) binding constraints and shadow prices; (4) DA/RT price separation and FTR/CRR/ARR outcomes.
• Serve as technical authority on ARR/FTR/CRR auction modeling assumptions, sensitivities, and failure modes.

Simulation, Back-Testing & Model Risk

• Architect and maintain market simulation engines that replicate ISO clearing logic under numerous of topology, load, generation, and outage scenarios.
• Perform rigorous back-testing against historical DA/RT outcomes, identifying where models break, why, and how to correct the model or bias decisions.
• Quantify model risk and uncertainty sensitivity to topology errors or forced outages, limiting assumptions, forecast noise, and rule interpretations.
• Design stress scenarios for extreme congestion, renewable saturation, transmission expansion/degradation, policy or tariff changes.

Data, Algorithms & Implementation

• Own the transformation of ISO and other internal data feeds into model-ready representations
• Write production-quality analytical code that scales across years of historical data, supports scenario analysis, and integrates cleanly into current trading systems.
• Define modeling standards, numerical methods, and validation tests with documentation so that results are explainable and defensible.

Required Qualifications

• Bachelor’s degree (Master’s or PhD preferred) in Electrical Engineering, Power Systems, Applied Math, Physics, Computer Science, or related field.
• 5+ years of progressive experience in ISO/RTO market modeling, congestion analytics, or power systems analysis.
• Deep, practical understanding of DC/AC power flow and contingency analysis, ISO/RTO market mechanics, nodal pricing, congestion, and FTR/CRR/ARR mechanics.
• Proficiency with industry tools (e.g., PSS/E, PowerWorld, Dayzer, Enelytix/TARA, Enverus Mosaic/Panorama, YES Energy or similar) and strong programming skills (Python, SQL, etc.).
• Exceptional programming and numerical modeling skills; strong ownership mindset and ability to work independently.

Preferred Qualifications

• Operational experience in ERCOT and/or PJM markets.
• Experience collaborating with congestion trade desks.

The Principal/Lead Quantitative Risk Analyst takes on a senior role to lead critical risk model innovations and integrations. This expert-level position involves pioneering strategic initiatives in quantitative analytics, influencing decision-making processes within the company. The Principal Analyst mentors and guides the team’s efforts in advancing risk management frameworks while overseeing complex modeling tasks.

Job Duties & Responsibilities

• Oversee the development and implementation of sophisticated risk models
• Innovate and fine-tune models considering shifts in market conditions and strategies
• Lead high-impact scenario analyses and stress testing initiatives
• Spearhead systems integration and transformation projects, enhancing data analytics
• Mentor junior analysts in advanced quantitative methods and Python programming
• Partner with various departments to ensure cohesive risk management practices
• Establish and maintain comprehensive model governance and documentation standards
• Performs other job-related duties as assigned

Required Qualifications

• Education: Bachelor’s Degree
• Experience: Minimum 6+ years of experience
• OR 5+ years of experience with trading experience

Preferred Qualifications

• None

NextEra Energy offers a wide range of benefits to support our employees and their eligible family members. Click here to learn more.

Employee Group: Exempt
Employee Type: Full Time
Job Category: Energy Trading
Organization: NextEra Energy Marketing, LLC
Relocation Provided: Yes, if applicable

NextEra Energy is an Equal Opportunity Employer. Qualified applicants are considered for employment without regard to race, color, age, national origin, religion, marital status, sex, sexual orientation, gender identity, gender expression, genetics, disability, protected veteran status or any other basis prohibited by law.

NextEra Energy provides reasonable accommodation in its application and selection process for qualified individuals, including accommodations related to compliance with conditional job offer requirements, consistent with federal, state, and local laws. Supporting medical or religious documentation will be required where applicable and permitted by applicable law. To request a reasonable accommodation, please send an e-mail to recruiting-coordinator.sharedmailbox@nexteraenergy.com, providing your name, telephone number and the best time for us to reach you.

NextEra Energy will not discharge or in any other manner discriminate against employees or applicants because they have inquired about, discussed, or disclosed their own pay or the pay of another employee or applicant. However, employees who have access to the compensation information of other employees or applicants as a part of their essential job functions cannot disclose the pay of other employees or applicants to individuals who do not otherwise have access to compensation information, unless the disclosure is (a) in response to a formal complaint or charge, (b) in furtherance of an investigation, proceeding, hearing, or action, including an investigation conducted by the employer, or (c) consistent with the contractor’s legal duty to furnish information.

NextEra Energy does not accept any unsolicited resumes or referrals from any third-party recruiting firms or agencies Please see our policy for more information.