Join the Clean Energy RevolutionWe are looking for an Associate Specialist that will be in the Analytics Group within the Resource and Environmental Planning & Strategy organization.Become an Energy Marketing & Trading Financial Analyst Associate Specialist at Southern California Edison (SCE) and shape our clean energy future. This position will provide analytical support for projects and initiatives that help shape SCE’s corporate strategy, as well as long-term resource and climate adaptation plans. The work will primarily focus on quantitative analyses that support grid planning for decarbonization, climate adaptation, policy decisions, portfolio emissions, and other energy market dynamics. Work will also focus on scenario development in the face of uncertainty driven by exogenous market factors, like climate change and emerging technologies.This support will influence corporate planning, resource procurement, energy policy, legal proceedings, and future investment strategies. Additionally, you’ll:
Utilize analytical models and grid planning simulation tools to develop resource portfolios under various future scenarios and forecast the impacts of those portfolios on system pricing, GHG emissions, and other system and market dimensions
Provide analytical support for SCE’s strategic planning process and projects including performing economic, market sizing and cost-benefit analyses
Research the cost-effectiveness and potential of new technologies for supply and demand-side energy resources
Build data pipelines to intake large amounts of climate projection data and manipulate the data to generate custom climate projections for end use applications
Develop analytical models and methods for a variety of applications, including evaluating energy policies, regulations, climate change impacts, and new business models
Present to department and division management, section supervision, colleagues and other interested parties
As an Energy Marketing & Trading Financial Analyst Associate Specialist, your work will help integrate clean energy, reduce carbon emissions, mitigate climate change risks, and create cleaner air for everyone. Are you ready to take on the challenge to help us build the future?Responsibilities
Prepares analytical support for projects and initiatives that help shape SCE's strategy
Follows horizon planning capabilities through scenario development in the face of uncertainty driven by exogenous market factors, like climate change and emerging technologies
Assists in deploying analytical models and grid planning simulation tools to support the development of resource portfolios under various future scenarios
Monitors regulator demands and helps in documenting communications with state agencies about California's energy and reliability needs
Assists in researching the cost-effectiveness and potential of new technologies for supply and demand-side energy resources
Identifies improvement areas to alternative analytical models and methods for a variety of applications, including evaluating energy policies, regulations, climate change impacts, and new business models
Participates in the analysis of market trends in the energy and ancillary services markets
Gathers contract requirements, review payments, manage disputes and make recommendations to maximize benefits to customers
Contributes to statistical and econometric models to forecast electricity demand and energy commodity prices to support position management and hedging
A material job duty of all positions within the Company is ensuring the protection of all its physical, financial and cybersecurity assets, and properly accessing and managing private customer data, proprietary information, confidential medical records, and other types of highly sensitive information and data with the highest standards of conduct and integrity.
Minimum Qualifications
One or more years of experience in financial planning, modeling and/or forecasting.
The Preferred
Graduating by December 2024 or currently with an undergraduate or graduate degree in Economics, Engineering, Mathematics, Statistics, or other quantitative related fields
Experience with advanced Excel functions such as Pivot Tables, V lookup, Macros and VBA
Experience developing analytical tools using R and/or Python code
Experience using data visualization tools such as PowerBI or Tableau
Experience with statistical modeling tools such as SAS
Experience with energy/electric system analysis, or in other applicable fields of analysis
Shown knowledge of power markets, GHG policies and markets, and related regulatory requirements that govern SCE’s participation in them
You should know
This position’s work mode is hybrid . The employee will report to an SCE facility for a set number of days with the option to work remotely on the remaining days. Unless otherwise noted, employees are required to reside in the state of California. Further details of this work mode will be discussed at the interview stage. The work mode can be changed based on business needs
Visit our Candidate Resource page (https://www.edisoncareers.com/page/show/candidate-resources) to get meaningful information related to benefits, perks, resources, testing information, and hiring process, and more!
Relocation does not apply to this position
About Southern California EdisonThe people at SCE don't just keep the lights on. Our mission is so much bigger. We’re fueling the kind of innovation that’s changing an entire industry, and quite possibly the planet. Join us and create a future with cleaner energy, while providing our customers with the safety and reliability they demand. At SCE, you’ll have a chance to grow personally and professionally, making a real impact in Southern California and around the world.At SCE, we celebrate our differences. We are a proud Equal Opportunity Employer and will not discriminate based on race, color, religion, sex, sexual orientation, gender identity, national origin, age, disability, protected veteran status or any other protected status.We are committed to ensuring that individuals with disabilities are provided reasonable accommodation to participate in the job application or interview process, to perform essential job functions, and to receive other benefits and privileges of employment. Please contact us to request accommodations at (833) 343-0727.
