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Sprague Operating Resources LLC · 1 month ago

Sr. Energy Portfolio Analyst

Portsmouth, NH

Full-time

Hybrid

Mid, Senior Level

3+ years exp

Sprague Operating Resources LLC is seeking a Sr. Energy Portfolio Analyst to join its Quantitative Analysis and Portfolio Management team at its Portsmouth, NH headquarters. The role involves supporting enterprise-wide portfolio level decisions, managing complex risks, and contributing to pricing strategies while collaborating with various business leaders to drive portfolio optimization and growth.

EnergyFuelNatural Resources

Culture & Values

Responsibilities

Maintain, develop and enhance portfolio-level analytics for pricing, hedging, optimization, forecasting and scenario analysis

Monitor and manage complex energy positions to mitigate risk and maximize gross margin

Help design and execute GM swing risks hedging strategies in collaboration with internal teams and external partners and counterparties

Actively identify and act on portfolio risks and opportunities through continuous market analysis

Proactively gain a deep understanding of Sprague’s business, related market conditions, market fundamentals, business operations, data, systems, models, products, and processes

Analyze new business opportunities and support the design of new products and growth strategies

Provide analytical insights and recommendations to the leadership teams

Lead cross-functional projects from scoping through delivery under tight deadlines

Contribute to modern energy solutions that support customer needs and strategic portfolio balance

Collaborate with IT, Quant, BAs, Risk, BI, Data and BU stakeholders on improving and developing portfolio tools, modern applications, web portals, ETRM systems, and innovative solutions for the growing Sprague energy business

Keep version control, document, and create repositories of portfolio team models, functions and processes

Build strong working relationships across Sprague, our parent company, Hartree Partners and outside business partners

Qualification

Energy portfolio optimizationHedging strategiesRisk managementQuantitative analysisPython / R / MATLABEnergy market knowledgeProject managementData manipulationCollaboration skillsCommunication skillsProblem-solvingFlexibility

Required

Master's degree and education in some combination of interdisciplinary areas of Finance, Economics, Risk Management, Applied Mathematics, Statistics, Actuary Science, Engineering or related field with strong coursework and foundation in quantitative disciplines

Minimum of 3 years of experience in the energy industry in a similar role, involving analyzing and managing complex volumetric and market price risks and energy portfolio / assets optimization, structuring and pricing

Good understanding of the energy markets areas like Retail / Wholesale Natural Gas, Refined Products, Electricity, Renewables, etc

Deep knowledge of hedging strategies, energy derivatives, and portfolio risk analytics (e.g., VaR models)

Advanced skills in Python / R / MATLAB

Excellent collaboration skills and teamwork oriented

Ability to independently solve complex problems, conduct research, evaluate pros and cons and provide creative and commercially viable solutions

Exceptional communication and interpersonal skills for cross-functional collaboration

Ability to effectively coordinate various business requirements across teams

Clearly present complex topics to various audiences, including C-suite

Business mindset with a focus on practical, phased solutions and impact delivery

Good planning and project management skills

Flexibility to switch priorities as needed and adaptability to fast-paced work environment

Following the highest standards of ethics and respect for the individuals and the environment

Preferred

Certificates like FRM, CFA, PRM, Energy Risk Management, Actuary, etc

Good data manipulation skills. (SQL, etc.)

Passionate about applying quantitative skills for managing, optimizing and growing complex energy portfolios

Strong interest in the energy markets and topics like sustainability, energy transition, energy innovation, modern energy solutions to complex energy problems