Duke Energy Lead Quantitative Analyst in Charlotte, North Carolina

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Job Summary

This is the fourth level of the Quantitative Analyst classification hierarchy. Employees at this level should be eager to investigate and learn independently, solve complex problems, manage work , take initiative and provide guidance and leadership to others with their experience and technical skills without supervision.

This position is responsible for the development, utilization and maintenance of the necessary quantitative models, procedures and systems required for modeling the economics of a large diverse regulated thermal and renewable generation fleet and a multi-commodity fuel & power portfolio. Applications in this domain include forecasting fuel requirements, evaluating the impact of solar penetration, optimizing economics of battery storage and more. The models developed may involve linear & non-linear optimization of unit commitment and dispatch, regression analysis, time series forecasting, derivative pricing, stochastic simulation of markets, renewables & demand, trade valuation and dynamic hedging, These models should be developed in a manner in which statistical analysis, model parameterization, stress testing, back testing, and scenario analysis are streamlined and easily performed.


  • Develop quantitative solutions for challenging business problems related to the economics of power generation & transmission; using techniques such as Monte Carlo simulation, time series forecasting, regression, mathematical optimization

  • Maintain, test and validate performance and validity of existing models using stress testing, back testing, scenario analysis, as well as probability distribution analysis, model parameterization

  • Evaluate potential opportunities for improvement/enhancement of current systems/practices via advanced quantitative methods

  • Present quantitative models and analyses to technical and business audiences

  • Continuously strengthen understanding of new challenges for regulated energy industry issues

  • Communicate/educate and train at all levels in the organization

  • Research and keep abreast of the latest developments in tools and techniques for quantitative analysis

  • Document models & analyses and ensure all work products and reports comply with both internal and external audit requirements

Basic/Required Qualifications

  • Master’s degree in a quantitative field such as mathematics, statistics, econometrics, engineering, physics or other related discipline

  • At least 5 years of quantitative and/or analytical experience

Desired Qualifications

  • Practical programming experience with statistical/mathematical software packages such as MATLAB, SAS, R and Python

  • Familiarity with databases and querying large datasets

  • Strong quantitative programming skills. MATLAB expertise strongly preferred

  • In-depth knowledge in areas of specialization (e.g. derivative pricing theory and risk management techniques, understanding of unit commitment and dispatch, etc.)

  • Good understanding of mathematical optimization techniques and models

  • Understanding of basic inferential and mathematical statistics

  • A general understanding of electric, gas, oil or coal industries

  • Experience in financial and/or commodity markets

  • Strong understanding of database structures and ability to navigate and query existing databases with minimal assistance

  • Excellent communication and presentation skills with ability to communicate technical subjects to a wide range of audiences

  • Demonstrated ability in promoting cross-functional collaborations and critical thinking

Travel Requirements


Relocation Assistance Provided (as applicable)Yes

Represented/Union PositionNo

Visa Sponsored PositionNo

Posting Expiration Date

Sunday, August 19, 2018

All job postings expire at 12:01 AM on the posting expiration date.

Please note that in order to be considered for this position, you must possess all of the basic/required qualifications.

We are one of the largest electric power holding companies in the United States, supplying and delivering electricity to approximately 7.4 million U.S. customers. We have approximately 52,700 megawatts of electric generating capacity in the Carolinas, the Midwest and Florida – and natural gas distribution services serving more than 1.5 million customers in Ohio, Kentucky, Tennessee and the Carolinas. Our commercial and international businesses own and operate diverse power generation assets in North America and Latin America, including a portfolio of renewable energy assets.

Regardless of your skill set or specific interest, we're looking for the best and brightest talent in the industry. Our people make us great - and we're always looking for more. Find your career path today at Duke Energy, where it's more than a career - it's a chance to make a difference in people's lives.

Duke Energy is an Equal Opportunity Employer and complies with the laws set forth in the Department of Labor EEO Poster and Supplement.