Load Forecast Analyst
ESG’s Wholesale Energy Services provides forecasting, scheduling, settlement, and cost allocation services to competitive electric suppliers in deregulated US markets. The service supports client electric operations in the ISONE, NYISO, PJM, MISO, and ERCOT.
The selected individual will be primarily responsible for supporting existing multivariate forecast models and developing new multivariate forecast models. This team-based position will work with other business analysts, project managers, and development team members to develop features and enhancements related to short-term and long-term load forecasts. Qualified candidates should exhibit strong analytical skills, good decision making, solid problem solving skills, and identify critical issues with ease. Candidates are expected deliver and communicate knowledge and information in an intuitive, informative, and well-organized manner.
Primary Responsibilities
- Support existing multivariate forecast models and develop new multivariate forecast models
- Review, analyze, and validate short-term and long-term forecasts
- Review and analyze variances between load forecast and initial and final market settlements for the purpose of adjusting forecast models, validating settlements, and/or reporting and intuitively explaining variances to management and clients
- Review, analyze, and validate forecast model variable inputs including market published load profiles, weather, customer portfolio make-up, and other load influencing variables
- Develop functional specifications and system design specifications
- Lead efforts in developing in-house expertise in building and utilizing forecast models
- Develop reports and presentations for management and clients
- Work with clients in explanation of forecasts and refinement of forecast models
- Actively participate in industry and market research, training and education
- Define and implement effective operational process work flows and documentation to support ongoing business activities
- Define, implement, and monitor quality controls and risk mitigation strategies to ensure service excellence
Qualifications
- Minimum 4 years experience with quantitative analysis
- Demonstrated experience using analytical techniques and statistical modeling
- Demonstrated experience leading or participating in load forecasting activities
- Demonstrated experience with SAS or other statistical or econometric software
- Proficiency or aptitude to become proficient in the use of Microsoft Visio, Microsoft Word, Microsoft Excel, SQL, and Microsoft Power Point
- Demonstrated experience developing Excel Macros and maintaining and working with large datasets
- Demonstrated experience applying regression analysis
- Ability to explain model results intuitively to management and clients
- Ability to explain forecast and settlement variances intuitively to management and clients
- Must be able to work in a team setting and have the ability to work across functional areas in developing information based on prepared forecasts
- Demonstrated ability to perform well under pressure and adjust to changing priorities while maintaining a high level of accuracy and attention to detail
- Strong analytical, communication and presentation skills
ESG offers employees competitive salaries with great benefits, including 401k, health, and dental insurance.
Position Type: Full Time, Employee
Please send resumes in confidence to Jobs@EnergyServicesGroup.net or fax to (781)871-0792.