Employment Opportunities

Current employment opportunities are listed below. Please select "show more" to view the full detail & requirements for each opportunity or to apply online.

Job Title:
Fundamental Trader
Job Function:
Wholesale Electricity Trading
Details:

SESCO is hiring individuals with work/life experiences and/or recent graduates to join its Team as a Fundamental Trader in the wholesale electricity marketplace. The products traded by SESCO are virtual bids and offers, up-to-congestion (spreads), financial transmission rights, and electricity future products in CFTC-regulated futures markets. You will be responsible for working closely with a team of Meteorologists, Power Flow Engineers, and Quantitative Analysts, and other Fundamental Traders to both quantitatively and fundamentally analyze the market drivers, the market opportunity, and the risks associated with the trading activity of your team. You will also be expected to work closely with the Quantitative Analysts and the other members of your Team to develop predictive models and analytical toolsets that will support SESCO and your Team’s fundamental analysis and trade execution.

ESSENTIAL FUNCTIONS:

  • To analyze the effects of new generation and transmission projects on transmission congestion and energy prices.
  • To analyze the impacts and risks of generation and transmission outages on transmission congestion and energy prices
  • To analyze the impacts of the weather on consumer energy consumption (load), generation, and the transmission grid.
  • To analyze the opportunities and risks associated with generation fuel pricing.
  • To understand power flows and how to use them to assess opportunity and risk.
  • To effectively communicate and collaborate with your direct team members and your co-workers, simplifying and explaining complex problems to different audiences.
  • A willingness to be extremely detail oriented in reviewing the market fundamentals of the electricity markets and the results of the predictive models and quantitative analysis.
  • A willingness to view the trades of your Team as one or more portfolios, rather than individual trades, thus leading toward a risk adjusted set of portfolios
  • To incorporate quantitative analysis techniques and machine learning techniques to systematize portions of the data analysis.
  • To drive on-going, incremental improvement of our fundamental processes, quantitative analysis, and predictive models.
  • To prioritize multiple projects and deliver results in a time sensitive trading room environment.

REQUIRED KNOWLEDGE/SKILLS:

  • A Bachelors, Masters or Doctorate degree in Data Science, Economics, Engineering, Finance, Mathematics, Statistics, or similar field.
  • A highly motivated individual who is able to maintain a positive attitude.
  • A willingness to work with incomplete data and to view that incomplete data as an opportunity, as well as a potential risk.
  • An interest in assimilating large datasets and solving complex multi-variable problems.
  • Detailed oriented - always striving for a complete understanding of the data and facts that prove a theory or outcome.
  • A desire to work with others in a team environment; not as an individual.
  • A willingness to constantly improve SESCO’s and your Team’s ability to analyze data by embracing the need for power flow modeling, quantitative analysis, and predictive modeling techniques.
  • The ability to prioritize multiple projects and deliver results in a time sensitive trading room environment.
  • A humble nature that is willing to admit that you will never have all of the answers and a willingness to thoroughly discuss any differences of opinion with your team members.
  • A willingness to pass on your knowledge to your teammates and co-workers, understanding that this transfer of knowledge will always lead to a better work environment, better trading decisions, and ultimately a larger PNL.

BENEFITS:

  • Working in an environment where you will have a great opportunity to learn from veterans in this field.
  • Excellent medical, dental, and vision insurance
  • 401(k) plan, with a company match up to the annual limit
  • Relocation package available
  • A team trading environment
  • On-site gym

WORKING CONDITIONS:

May require working evenings and/or weekends as needed.
No regular travel required.

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Job Title:
Quantitative Analyst
Job Function:
Data Science
Details:

SESCO is hiring individuals with work/life experiences and/or recent graduates to join its Team as a Quantitative Analyst in the wholesale electricity marketplace. The products traded by SESCO are virtual bids and offers, up-to-congestion (spreads), financial transmission rights, and electricity future products in CFTC-regulated futures markets. You will be responsible for working closely with a team of Fundamental Traders, Meteorologists, Power Flow Engineers, and other Quantitative Analysts to both quantitatively and fundamentally analyze the market drivers, the market opportunity, and the risks associated with the trading activities of your team. You will directly contribute to the development and implementation of predictive models and analytical toolsets through the application of advanced statistical and analytical techniques in order to deliver data driven insights that support SESCO and your Team’s fundamental analysis and trade execution.

ESSENTIAL FUNCTIONS:

  • To perform in-depth analysis using various quantitative methodologies and tools
  • To incorporate machine learning techniques into systematic strategy research and development
  • To drive on-going, incremental improvement of SESCO’s quantitative analysis and predictive models.
  • To work with the fundamental trading team that you are assigned to and with others at SESCO to incorporate the strengths of quantitative analysis and predictive modeling into SESCO’s fundamental trading decision-making process.
  • A desire to work with others in a team environment; not as an individual.
  • A highly motivated individual who is able to maintain a positive attitude.
  • An ability to communicate effectively, simplifying and explaining complex problems to different audiences.
  • A willingness to work with incomplete data and to view that incomplete data as an opportunity, as well as a potential risk.
  • An interest in assimilating large datasets and solving complex multi-variable problems.
  • Detailed oriented - always striving for a complete understanding of the data and facts that prove a theory or outcome.
  • The ability to prioritize multiple projects and deliver results in a time sensitive trading room environment.
  • A humble nature that is willing to admit that you will never have all of the answers and a willingness to thoroughly discuss any differences of opinion with your team members.
  • A willingness to pass on your knowledge to your teammates and co-workers, understanding this transfer of knowledge will lead to a better work environment and better trading decisions.

REQUIRED KNOWLEDGE/SKILLS:

  • Undergraduate, graduate or doctorate degree in a quantitative discipline (Computer Science, Math, Statistics, Engineering, etc.)
  • Training/experience in handling massive-scale structured/unstructured data and creating predictive models
  • Experience in using SQL and other programming languages, such as Python and/or R
  • Working knowledge of Unix and Unix-like systems
  • Experience with data visualization tools (eg. Tableau, visualization packages in Python/R, etc.)
  • Experience with predictive modeling concepts and techniques, such as Logistic Regression, Random Forest, K-Means, Gradient Boosting, Dimensionality Reduction, etc.

DESIRED KNOWLEDGE/SKILLS:

  • Experience in the Electricity Markets is preferred but not required
  • Familiarity with Deep Learning and modern platforms (Pytorch, TensorFlow)

BENEFITS:

  • Working in an environment where you will have a great opportunity to learn from veterans in this field.
  • Excellent medical, dental, and vision insurance
  • 401(k) plan, with a company match up to the annual limit
  • Relocation package available
  • A team trading environment
  • On-site gym

WORKING CONDITIONS:

May require working evenings and/or weekends as needed.
No regular travel required.

Apply Online Show Less »
Job Title:
Software Engineer
Job Function:
Development
Details:

The Software Engineer is responsible for the effective development, configuration, and maintenance of systems (software and environments) related to quantitative analysis and forecasting activities. In this role, the individual will participate in technical research, software development, and operational activities to enable continued innovation for data science.

ESSENTIAL FUNCTIONS:

  • Develop and/or configure software related to the data science process
  • Develop scripts and data queries
  • Repair and drive the identification of root cause for software failures
  • Maintain operational, configuration, or other technical documentation
  • Ability to Identify and execute best practices and optimizations for data science software and technology

REQUIRED KNOWLEDGE/SKILLS:

  • 6-8 years software development or administration experience
  • 3-4 years software development experience with java script, NodeJS, and/or python
  • Bachelor’s degree in Computer Science or Computer Engineering
  • Proficiency with large-scale software design and development process or DevOps
  • Proficiency with SQL
  • Software Configuration Management (Git, SVN etc.)
  • Familiarity with AWS, Docker, and Kubernetes
  • Database experience (Oracle, Mongo, Postgres)
  • Demonstrated problem-solving aptitude and critical thinking
  • Excellent interpersonal skills and teamwork
  • Excellent communications skills, with the ability to synthesize, simplify, and explain complex problems to different types of audience.

DESIRED KNOWLEDGE/SKILLS:

  • Machine Learning/Data Science or familiarity with concepts and use cases
  • Comfort navigating an entrepreneurial environment
  • Familiarity with PyTorch or other Machine Learning libraries
  • Statistical knowledge

WORKING CONDITIONS:

May require working evenings and/or weekends as needed.
No regular travel required.

Apply Online Show Less »