Senior Quantitative Power Strategist – Load
A senior strategist on the US power and natural gas desk who values and bids on electricity supply obligations such as full-requirements and load-following contracts. The role blends physical-market knowledge with quantitative modelling.
What you’d work on
Our reading of the posting: what a new hire in this role would most likely spend their first months on.
- Model demand, weather, shape, congestion and other risks in load contracts
- Produce bid recommendations and scenario analyses for utility and commercial customers
- Design hedges across power, gas, capacity and environmental products
- Build tools for valuation, stress testing and performance attribution
- Study structural changes in US power markets
What they ask for
Required
- 5+ years in US power trading, quant research, structuring or portfolio management
- Hands-on pricing of load auctions or load-following portfolios
- US wholesale power market structure
- Python or similar
- Statistics, optimisation, time series and Monte Carlo
- Commercial judgement
- Education
- Bachelor's, master's or doctorate in a quantitative subject
- Experience
- 5+ years in US power markets
- Languages and tools
- Markets
- commodities
How to prepare
- Learn how US wholesale power markets work (energy, congestion, capacity)
- Build a load forecast with weather sensitivity and quantify its error
- Run a Monte Carlo valuation of a fixed-price supply contract
- Study hedging with power and gas forwards and options
What to study
- Derivatives Pricing and Computational Finance
- Econometrics and Financial Time Series
- Linear Algebra, Optimisation and Numerical Methods
- Quantitative Risk Management
- Financial Instruments, Markets and Conventions
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Read the full posting on DRW’s site before applying: requirements, location and pay can change after we check them.
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SelfMadeQuant wrote this summary from the employer’s public posting, last checked 6 November 2026. SelfMadeQuant isn’t affiliated with DRW and doesn’t handle applications.