Energy Markets Engineer
Energy Markets Engineer
Posted on :
16-05-2025
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1 Vacancy
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Monthly Salary
Not Disclosed
Salary Not Disclosed
Vacancy
1 Vacancy
Posted on :
16-05-2025
Job Description
Welcome to the future of energy
We are both an electricity retailer and a tech platform and we think there is no better way to address our greatest challenge climate change than with the combination of those two.
Through our proprietary tech platform Kraken we are changing the way people interact with their energy company by making it approachable low cost easytounderstand and most importantly 100% renewable.
Were looking for an Energy Markets Engineer to join our team in Houston. This role will be responsible for supporting the OEUS Risk and Trading team on technical tasks such as data engineering model development and building out the commercial data platform. You will work in close collaboration with traders and analysts the US Data Team and the groupwide global data and engineering teams.
What youll do:
- Developing and maintaining commercial data pipelines and tools
- Daily support of risk and trading model development utilizing your skills in data engineering and optimization & performance
- Creation and automation of risk workflows and processes (VaR MtM Valuation Engines Pricing etc.)
- Collaborating with the global data and engineering team to share data and build out global reporting pipelines
- Standardizing data feeds for ad hoc quick analysis and maintaining analyst views
- Monitoring and developing reporting on overnight jobs to be run prior to the start of the trading day
- In cooperation with the risk and trading team design and implement portfolio monitoring and market fundamental forecasting processes
- Communicate technical knowledge across a wide range of stakeholders from team leadership to executives
- Development of market data pipelines & time series analysis data engineering infrastructure to support regression analysis basis/spread trading weather forecasting and high impact commercial data applications.
What youll need:
- 2 5 years experience in a data engineering role ideally within or supporting a commercial energy organization
- Background in Computer Science Computer Engineering Data Science Mathematics Engineering or other relevant disciplines
- Experience working with a modern tech stack in a fast past big data environment
- Experience working with SQL Python Kubernetes DBT Databricks AWS Airflow
- Experience working in a collaborative Gitbased production environment with responsibilities including testing version control and responsible management of production changes
- Strong adaptive communicator; comfortable taking initiative and working closely with traders managers and executives across front middle and back office teams in a fastpaced environment
- Were passionate about energy markets and welcome team members who are curious and driven this role offers exposure to real commercial decisionmaking and values independence and a willingness to learn
- Comfortable with tackling complex data & market issues both independently and as part of a dynamic team
Itd be great if you also had:
- Experience working with analysts and traders in a commercial/trade floor environment
- Knowledge of financial instruments (futures swaps optionsetc.) and their use in energy markets
- Understanding of data intensive portfolio management processes (Value at Risk Marked to Market PnL Quantitative Portfolio Optimization)
- Experience working with Monte Carlo simulations and understanding of stochastic processes use cases in forecasting
- Experience in energy markets specifically ERCOT power.
- Experience in power markets fundamental forecasting pricing and/or valuation analysis
Why join us
- InnovationLed Culture: Be part of a company that leads with innovative solutions and challenges traditional industry norms.
- Impactful Work: Your contributions will directly influence our growth and help shape the future of sustainable energy.
- Collaborative Environment:Work in a dynamic supportive environment that fosters creative thinking and problemsolving.
Why else youll love it here:
- Greatmedical dental and vision insuranceoptions includingFSAs.
- Paid time off we know working hard means also being able to recharge as needed we trust our employees to get the work done and take the time they need. Octopus offers 20 days paid vacation 8 paid sick days and discretionary unlimited paid time off.
- 401(k)planwith employer match. Octopus matches 100% of contributions on the first 3% and 50% of contributions from 35%.
- Parental leave. Biological adoptive and foster parents are all pay 16 weeks at full pay and then an additional 8 weeks at half pay.
- Pretaxcommuter benefits.
- Flexible working environment:This team works in our Downtown Houston Office 3 days a week. You need to shift around your schedule You do you we genuinely believe in work/life balance.
- Equity Options:every Octopus employee owns part of the business. Were a team working together towards huge goals. Every person is crucial to our success you should be rewarded as such.
- Wondering what the salary for this role isJust ask us! When on a call with one of our recruiters its something we always cover as we genuinely want to match your experience with the correct salary. The reason why we dont advertise is because we honestly have a degree of flexibility and would never want salary to be a reason why someone doesnt apply to Octopus whats more important to us is finding the right octofit!
If this sounds like you then wed love to hear from you.
Studies have shown that some groups of people like women are less likely to apply to a role unless they meet 100% of the job requirements. Whoever you are if you like one of our jobs we encourage you to apply as you might just be the candidate we hire. Across Octopus were looking for genuinely decent people who are honest and empathetic. Our people are our strongest asset and the unique skills and perspectives people bring to the team are the driving force of our success. As an equal opportunity employer we do not discriminate on the basis of any protected attribute. Our commitment is to provide equal opportunities an inclusive work environment and fairness for everyone.
Employment Type
Full-Time
Key Skills
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