Quantitative Analyst
Habitat Energy is a fast growing technology company focussed on the trading and algorithmic optimisation of energy storage and renewable assets around the world. Our mission is to deliver outstanding returns to our clients to increase the attractiveness of renewable energy globally and support the transition to a clean energy future. Our rapidly growing team of 100+ people in Austin, TX, Oxford, UK, and Melbourne, Australia brings together exceptionally talented and passionate people in the domains of energy trading, data science, software engineering and renewable energy management.
We are adding a Quantitative Analyst to our US trading desk in Austin. You will work side-by-side with our Day-Ahead (DA) and Real-Time (RT) traders, turning data into actionable insight, building models and tools, and helping the desk navigate ERCOT’s continuously changing market.
You will be responsible for:
Trading & Market Analytics
- Translate ERCOT’s AS rule changes (co-optimization) into desk-ready analytics.
- Prototype valuation and optimization logic for and risk profiles for virtual and asset backed trades.
- Quantify impacts on battery storage revenue stacks and hedging strategies.
- Build real-time dashboards that surface spreads, constraints and risk metrics during the trading day.
- Quantify strategy P&L drivers (volatility, skew, gamma, carry) and advise traders on position sizing.
- Quantify trading efficiency and best practices for virtual trades
Model & Tool Development
- Automate ad-hoc analysis in Python/SQL; package repeatable workflows into desk tools.
- Maintain scenario-generation engines for DA/RT prices, AS clearing and scarcity adders.
- Implement back-tests and Monte Carlo simulations to stress-test strategies under varying market regimes.
Cross-Functional Collaboration
- Provide rapid data pulls and analysis for commercial, risk and software-engineering teams.
- Contribute to post-trade reviews, monthly performance decks and client-facing commentary.
‘Must have’ skills and experience:
- Bachelor’s degree required in Electrical Engineering, Power Systems, Physics, Economics or an analytical field.
- 3+ years of experience in an analytical role at an energy trading firm, ISO, RTO,renewable energy IPP/developer, or other relevant experience.
- 2+ years of related power systems, electric market design, or energy trading experience.
- Knowledge of market fundamentals within ERCOT.
- Knowledge of power system and market analysis tools including power flow, contingency analysis, and production-cost modeling.
- Understanding of transmission systems, power flow, congestion, and curtailment.
- Fundamental knowledge of how solar, wind, and battery storage assets operate within the various energy markets.
- Working knowledge of SQL and Python
- Knowledge of ISO and RTO wholesale market operations and applicable state regulations.
- Working knowledge of the various forms of capacity and ancillary services markets.
- Proven problem-solving and negotiation skills.
- Strong verbal and written communication skills and a high level of attention to detail.
- Ability to exercise discretion and independent judgment.
‘Nice to have’ skills and experience
- Experience managing energy storage resources
- Experience structuring products related to carbon offset, long-term financing of renewables or energy storage assets
- Familiarity with Financial Derivatives, Options Greeks, Market Making & Market Microstructure
- Experience and confidence presenting to clients, board members and prospective clients.
Ultimately we are looking for someone who is a great fit for our company so we encourage you to apply even if you may not meet every requirement in this posting. We value diversity and our environment is supportive, challenging and focused on the consistent delivery of high quality, meaningful work.
In return, we’ll give you a competitive salary, flexible working arrangements and a lot of personal development opportunities. We operate a hybrid working model with at least 2 days in our office in Austin.
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What We Do
Habitat Energy provide a state-of-the-art optimisation and trading platform for grid-scale battery storage and renewables in the UK, US, and Australia.
Habitat Energy was founded with the belief that making battery storage and renewable energy assets investable at scale is a vital step towards delivering a low carbon future and the preservation of our habitat for generations to come.
Our approach combines advanced machine-learning and algorithmic approaches to forecasting and optimisation with an experienced in-house trading team. In addition, our dynamic approach to degradation cost management can extend the life of your battery asset, optimising lifetime project returns, not just short-term revenue.
Habitat Energy is a market leader working closely with the biggest developers and investors. We support the design and financing of new-build projects through our understanding of the revenue model and broader market dynamics, backed up by the ability to deliver revenues once assets are built.
Contact us if you’d like to discuss how Habitat Energy could help you.
