FTR Analyst

About Roscommon Analytics:

Roscommon Analytics LLC is a fast-growing business using technology and analytics expertise to generate profits in the energy commodity markets, with a focus on power and natural gas. Since our inception in November 2016 Roscommon has a single, “brand-name” institution as its financial partner.  The firm has grown to over 90 employees with offices around the globe.

The firm commenced operating in the US Power and Congestion markets with its first trades in the Financial Transmission Rights market in April 2017. Growing that base in 2018 with the addition of Power basis trading on ICE and Nodal exchanges.  The firm’s initial international expansion into the Australian power markets brought geographic diversity while positioning for future market changes anticipated in the Australian congestion markets.

2020 brought entry to the US Natural Gas and Weather markets complementing our core power and basis strategies.  Beaufort Energy LLP was created in 2021 marking our entry to the European Markets enabling us to capitalize on global energy trading opportunities.  Quickly following in 2022 Beaufort expanded adding offices in Berlin & Zug.  Roscommon Nordic Energy AB was also founded in 2022 headquartered in Stockholm with a focus on Nordic power markets.

In US markets the major 2022 growth initiative was a Joint Venture in Spearmint Energy focused on renewable energy markets, developing utility scale batteries, and leveraging Roscommon’s deep understanding of the Global Power Markets.  This venture is growing rapidly with our first utility scale battery (150 MW) coming online in Crane County, Texas in late 2023 and over 1 GW in the development pipeline.  Our international expansion continues with the creation of PRIZM a quantitative trading platform that will initially focus on European markets and to later be leveraged globally.

Responsibilities:

• Support speculative FTR trading book across most North American ISOs (PJM, MISO, SPP, ERCOT, NYISO)

• Fundamental research and analysis of the power market with a focus on congestion trading

• Power system simulation/modeling

• Contribute to analytical code base through enhancement of existing framework or design of new tools

• Actively participate in strategy development and portfolio management process

• Strong communication skills and a collaborative mindset

Experience:

• 2-4 years of professional experience in a technical role

• Exposure to power engineering, commodities trading, or a role requiring fundamental analysis and modeling of both qualitative and quantitative data

• Experience with Production Cost Models (DAYZER, PROMOD, UPLAN, PLEXOS, PowerWorld OPF) a plus

• Significant work in Python, ideally along with experience in software design or large projects/libraries

Education:

• Technical degree or significant coursework in quantitative fields and/or analytics such as, but not limited to, Engineering, (Applied) Math, Statistics, Data Science, Physics, Computer Science, or Economics