PJM Interconnection · 19 hours ago
Sr. (Lead) Quantitative Analyst I (II)
United States
Full-time
Remote
Senior Level, Lead/StaffPJM Interconnection is responsible for overseeing the electric grid and ensuring efficient market operations. The Sr. (Lead) Quantitative Analyst will lead a team to develop models for credit calculations and support trade surveillance, focusing on identifying market risks and enhancing simulation models to improve market efficiency.
Energy
Responsibilities
Lead quantitative analytical team for simulation modeling:
Provide quantitative analytical support to identify simulation model enhancements
Provide quantitative analytical support to backtest simulation models
Maintain a working historical simulation model that will calculate margin requirement for FTR products
Conduct ad hoc analysis pertaining to margining of FTR products
Develop tools to analyze historical simulation model results
Develop risk controls and reporting to management
Interface with stakeholders, management, peers and others and provide expertise in the area of risk modeling
Analyze PJM’s governing documents and design new PJM market rules and make changes to existing rules
Develop dashboard reporting and extract, transform, load (ETL) procedures
Interact regularly with leadership and cross functional teams to understand strategic changes
Demonstrated ability to work independently and to train, guide or assist others to perform complex assignments
Demonstrate the behaviors and competencies that create a risk management mindset in the organization
Qualification
Required
Bachelor's degree in Engineering, Mathematics, Economics or equivalent work experience
Ability to produce high-quality work products with attention to detail
Experience in quantitative and qualitative analysis
Ability to use mathematical and electrical theory
Ability to troubleshoot and provide technical support
Technical Skills: SQL, Matlab, SAS, Alteryx, Statistical & Analysis Software
Preferred
Master's degree in Engineering, PhD., Economics, Mathematics or Engineering
Experience with PJM operations, markets, and planning functions
Experience using PSS/e (power system analysis program)
Company
PJM Interconnection
PJM Interconnection is a regional transmission organization (RTO) that coordinates the movement of wholesale electricity.
Founded in 1927
501-1000 employees
H1B Sponsorship
PJM Interconnection has a track record of offering H1B sponsorships. Please note that this does not
guarantee sponsorship for this specific role. Below presents additional info for your
reference. (Data Powered by US Department of Labor)
Distribution of Different Job Fields Receiving Sponsorship
Represents job field similar to this job
Trends of Total Sponsorships
2025 (6)
2024 (5)
2023 (4)
2022 (5)
2021 (6)
2020 (4)
Funding
Current Stage
Late StageLeadership Team
Aftab Khan
Executive Vice President - Operations, Planning & Security
Carl F. Coscia
Vice President and Chief Risk Officer
Recent News
2025-12-18
Investing.com
2025-12-18
Business Insider
2025-12-04
Company data provided by crunchbase