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Market Analyst/Senior Market Analyst Newark NJ

t Analyst/Senior Market Analyst Newark NJ Energy - Utilities Finance / Accounting - Analyst Full-time United States - New Jersey - Newark The Compensation Base Salary - $85,300 - $115,000 Benefits - Full Relocation Assistance Available - No Commission Compensation - No Bonus Eligible - Yes Overtime Eligible - No Interview Travel Reimbursed - Yes Candidate Experience 2+ to 5 years of experience Management Experience Required - No Minimum Education - Bachelor's Degree Willingness to Travel - Never More About the Position Visa Candidates Considered - No Detailed Description This position is part of our Finance’s quantitative analysis team, which is responsible for fundamental power market analysis and forecast, gross margin projections, and transmission interconnection. As part of this team, this individual is responsible for tracking market developments, forecasting market prices, conducting market analyses, and forecasting gross margins. Duties include: Tracking fuel, emission, and power market developments, and updating internal assumptions. Developing forecasts of fuel, emission and power prices, using both in-house fundamental models and external market sources. Analyzing the potential market impact of prospective changes in rules, supply, demand, or transmission projects. Forecasting the profitability of Power’s portfolio of generating units, load contracts and hedges, as well as that of third-party assets or development opportunities, for use in economic cost benefit analysis of potential transactions, major investments, asset life-cycle decisions, business planning and strategy. This is a multi-level position. Market Analyst is grade level 7 and Senior Market Analyst is grade level 8. Candidate will be placed at the appropriate grade level based upon skills and experience. Required Skills, Competencies, Education or Experience:

Calumet City, Illinois