Sr. Manager, Quantitative Analytics (Risk Management)

| Santa Monica
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POSITION SUMMARY

This position represents the opportunity to enhance existing Risk Management processes and establish the Risk desk as a core discipline at Inspire. Leveraging your advanced quantitative analytic capabilities, you will play a critical role in ensuring Inspire appropriately values, monitors, and validates all aspects of market-facing risk as it disrupts the traditional utility model through its clean energy subscription offering, which creates multi-dimensional risk in its portfolio.

Reporting to the Chief Commercial Officer, you’ll join a team that works cross-functionally across Pricing, Structuring, Data Science, Analytics, Engineering, Finance, and our Product Lines. You will educate and advise the Executive Team, hosting our monthly Risk Management Committee meeting. The models you build will be integrated into our enterprise platform to systematize and automate risk assessments across our ecosystem.

THE SR. MANAGER, QUANTITATIVE ANALYTICS HAS SIX MAIN RESPONSIBILITIES

  1. Refine risk valuation methodology through the development of well researched proprietary models
  2. Serve as principal market analyst in developing innovative hedging strategies to optimize risk-adjusted return
  3. Enhance Risk Reporting and Controls (Positions, [email protected], and other simulations) 
  4. Assume ownership of weather sensitivity models and support the pricing of exotic derivative structures to manage correlated weather, volume, and energy price risk
  5. Manage and maintain forward energy and associated product curves
  6. Host the monthly Executive Risk Management Committee meeting

SOME 2020 DELIVERABLES

  • Establish Daily Position and Risk Reporting Package
  • Partner with Chief Commercial Officer in design and development of macro hedge strategy 
  • Define risk assessment methodology to enable predictive pricing
  • Develop validation processes for updates to the models integrated into the operating model to ensure stability and accuracy

SUCCESS METRICS

  • Hedge Effectiveness
  • Risk Policy Adherence

EXPERIENCE

  • Must Have
    • Graduate degree in a quantitative field and 3 years experience in a role related to Commodities Risk Management or Trading
    • Extensive knowledge of derivative pricing and portfolio optimization theory
    • Expertise in Python, SQL, Excel and other analytic tools.
    • BA/BS degree required in engineering, economics, or quantitative background
    • Pragmatist with excellent collaborative & interpersonal skills
  • Nice to Have
    • CFA designation preferred
    • Prior electricity, renewable energy or natural gas experience 
    • Wholesale energy trading experience
    • Load forecasting
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Technology we use

  • Engineering
    • JavaLanguages
    • JavascriptLanguages
    • PythonLanguages
    • RLanguages
    • RubyLanguages
    • SqlLanguages
    • SQLLanguages
    • ReactLibraries
    • AngularJSFrameworks
    • Ruby on RailsFrameworks
    • MongoDBDatabases
    • PostgreSQLDatabases
    • RedisDatabases

Location

3402 Pico Blvd, Santa Monica, CA 90405

An Insider's view of Inspire

How does your team reward individual success?

Each month we award an "Avenger of the Month". This is an employee that embodies one of our values: Own It, Study It, Coach It, Live It. The Avenger of the Month is also featured on our blog here: https://www.helloinspire.com/blog/avenger-life

Inspire

Team

What are Inspire Perks + Benefits

Inspire Benefits Overview

Inspire’s culture balances the serious nature and tone of a professional company with the move-fast-and-execute tone of a rapidly growing emerging tech company. We believe in working hard and producing, but doing it in a positive and friendly environment where collaboration is rampant.

Inspire calls its employees Avengers. It’s a team out to even the score on behalf of the common man, to challenge the status quo and confront apathy and old-world bureaucracy. Every Avenger lives for the mission: To build the world’s most consumer-focused clean power platform and inspire a connected moment towards a brighter energy future. Avengers are scrappy, restless, humble and committed to balancing passion with purpose and profit.

Inspire offers competitive compensation and equity packages, plus benefits such as health, vision, life, and dental insurance - Not to mention, unlimited vacation, 401(k) plan, a dog friendly workplace & LOTS of cupcakes!

Culture
Volunteer in local community
Partners with Nonprofits
Friends outside of work
Eat lunch together
Open door policy
Team owned deliverables
Team based strategic planning
Group brainstorming sessions
Open office floor plan
Diversity
Unconscious bias training
Health Insurance & Wellness Benefits
Flexible Spending Account (FSA)
Disability Insurance
Dental Benefits
Vision Benefits
Health Insurance Benefits
Life Insurance
Retirement & Stock Options Benefits
401(K)
Company Equity
Child Care & Parental Leave Benefits
Generous Parental Leave
Flexible Work Schedule
Inspire provides employees with a flexible work schedule that includes flexible start and end times.
Remote Work Program
Our remote work program includes work remotely on occasion as needed.
Family Medical Leave
Company sponsored family events
Inspire sponsors family oriented events annually.
Vacation & Time Off Benefits
Unlimited Vacation Policy
Generous PTO
Full-time Inspire employees receive unlimited PTO.
Paid Volunteer Time
Paid Holidays
Paid Sick Days
Perks & Discounts
Beer on Tap
Casual Dress
Commuter Benefits
Company Outings
Game Room
Stocked Kitchen
Happy Hours
Parking
Pet Friendly
Recreational Clubs
Relocation Assistance
Inspire offers relocation assistance for certain roles.
Professional Development Benefits
Job Training & Conferences
Inspire offers employees professional development opportunities like onsite training courses, the ability to attend job related conferences and seminars.
Lunch and learns
Inspire hosts lunch and learn meetings once per month.
Cross functional training encouraged
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