PJM Interconnection
Audubon, NJ, USA
Flexible Work Arrangement: Hybrid The Sr. (Lead) Engineer is responsible for overseeing PJM's quantitative analytical efforts to support trade and credit risk functions. Essential Functions: Quantitative analytical support for the identification and quantification of risk Exposure: Provide quantitative analytical support to identify Market Participant trade related risk exposure in relation to PJM manuals and governing Documents. Provide quantitative analytical support to identify potential increased risk associated with electric grid, transmission, generation and power flow. Forecast Market Participants exposures that impact collateral requirement: Forecast forwards price utilizing advanced analytical techniques such as Monte Carlo Price Simulations and historical event based scenario analysis to assess potential future exposure and collateral needs. Configure and Run commercially available forecasting models, such as PSSE and Dayzer, to capture potential...