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Research Analyst - North America Power Markets

Wood Mackenzie is the global data and analytics business for the renewables, energy, and natural resources industries. Enhanced by technology. Enriched by human intelligence. In an ever-changing world, companies and governments need reliable and actionable insight to lead the transition to a sustainable future. That’s why we cover the entire supply chain with unparalleled breadth and depth, backed by over 50 years’ experience. Our team of over 2,400 experts, operating across 30 global locations, are enabling customers’ decisions through real-time analytics, consultancy, events and thought leadership. Together, we deliver the insight they need to separate risk from opportunity and make confident decisions when it matters most.WoodMac.comWood Mackenzie Brand VideoWood Mackenzie Values• Inclusive – we succeed together• Trusting – we choose to trust each other• Customer committed – we put customers at the heart of our decisions• Future Focused – we accelerate change• Curious – we turn knowledge into actionRole PurposeThe Research Analyst will help assist in the development and operation of models, databases and reports for our growing North America Power Service. These responsibilities will include collecting market information/intelligence, analyzing data to generate market insights, and building analytical models to create market forecasts. The analyst will also be a point of contact between Wood Mackenzie and industry stakeholders and clients in the coverage area.Main Responsibilities• Contribute to market research for Wood Mackenzie’s Long Term and Short Term Power Market Outlooks.• Own the development and improvement of Wood Mackenzie’s proprietary models that underpin the market coverage.• Develop and maintain forecast models and data sets across verticals within the Energy Transition Practice.• Provide high-quality client service to research subscribers through responding to inquiries, one-on-one conversations, and special events.About You• Minimum 2 years of industry experience in the power sector.• Quantitative background and degree (e.g., economics, finance, engineering).• Required programming & software skills include: SQL Server, VBA, python (optional).• Knowledge of the structure of wholesale power markets and their operation.• Excellent problem-solving skills and interest in using both qualitative and quantitative methods to answer market questions.• Self-driven.• Superb communications skills, with demonstrated ability and comfort interacting with clients and industry stakeholders.• An engaging and collaborative nature, capable of connecting with colleagues, clients and industry stakeholders in a wide range of professional settings.• A deep intellectual curiosity about the power sector and wider business landscape.• Superior writing skills.Expectations• Effective communication• Collaboration across boundaries and with customers• Continuous improvement• Planning and prioritization• Acting with integrity• We are a hybrid working company and the successful applicant will be expected to be physically present in the office at least 2 days per week to foster and contribute to a collaborative environment, but this may be subject to change in the future.• The nature of this role precludes it from consideration for part-time or flexible working arrangements• Due to the global nature of the team, a degree of flexible working will be required to accommodate different time zones.Equal OpportunitiesWe are an equal opportunities employer. This means we are committed to recruiting the best people regardless of their race, colour, religion, age, sex, national origin, disability or protected veteran status. You can find out more about your rights under the law at www.eeoc.govIf you are applying for a role and have a physical or mental disability, we will support you with your application or through the hiring process.

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What You Should Know About Research Analyst - North America Power Markets, Wood Mackenzie

Are you ready to dive into the dynamic world of power markets? Wood Mackenzie is on the lookout for a Research Analyst to join our North America Power Markets team in Houston, TX. As a leading analytics firm dedicated to the renewables, energy, and natural resources sectors, we empower companies and governments with the insights they need to navigate the transition towards a sustainable future. In this role, you will be at the forefront of market analysis, where your responsibilities will include collecting vital market intelligence, analyzing data to produce valuable insights, and crafting analytical models that project market trends. You'll not only develop and refine our proprietary models that shape our market offerings but also interact with clients and industry stakeholders, making your role crucial in building relationships that matter. If you're someone with at least two years of industry experience in the power sector and a quantitative degree, this is an exciting opportunity to apply your programming expertise in SQL Server and potentially Python while engaging with a collaborative team of professionals who share your passion for the power industry. Join us at Wood Mackenzie, where your intellectual curiosity and superb communication skills will shine as you help us create a more sustainable world, one analysis at a time.

Frequently Asked Questions (FAQs) for Research Analyst - North America Power Markets Role at Wood Mackenzie
What are the main responsibilities of a Research Analyst at Wood Mackenzie?

As a Research Analyst in the North America Power Markets team at Wood Mackenzie, your primary responsibilities will involve conducting comprehensive market research, developing and enhancing proprietary models for market analysis, and creating predictive forecasts. You will also ensure high-quality client support through direct engagement with research subscribers and by addressing their inquiries expertly.

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What qualifications do I need to apply for the Research Analyst position at Wood Mackenzie?

To apply for the Research Analyst role at Wood Mackenzie, candidates should possess a minimum of two years of relevant industry experience, particularly in the power sector. A quantitative degree in fields such as economics, finance, or engineering is essential, along with proficiency in programming, especially SQL Server. Familiarity with wholesale power market structures is also highly desirable.

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What programming skills are required for the Research Analyst role at Wood Mackenzie?

For the Research Analyst position at Wood Mackenzie, proficiency in SQL Server is required. Knowledge of VBA is also necessary, while Python knowledge is a plus. These programming skills will be instrumental as you manage and develop forecast models and data sets for our Power Market analyses.

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How important is teamwork for a Research Analyst at Wood Mackenzie?

Teamwork is absolutely vital for a Research Analyst at Wood Mackenzie. The role involves collaborating across various departments and engaging with clients and stakeholders in the power sector. By fostering a collaborative environment, you contribute to better insights and successful project outcomes.

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Is there flexibility in the work schedule for a Research Analyst at Wood Mackenzie?

The Research Analyst role at Wood Mackenzie typically requires you to be in the office at least two days a week to encourage collaborative efforts. While the company embraces hybrid working conditions, part-time or flexible arrangements are not offered for this position due to its nature.

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Common Interview Questions for Research Analyst - North America Power Markets
What inspired you to pursue a career as a Research Analyst in the power sector?

Your answer should highlight your passion for identifying market trends and your analytical skills in understanding the energy industry's complexities. Talk about any personal or professional experiences that have driven your interest in the power sector.

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Can you explain your experience with SQL Server and how it relates to forecasting?

Provide specific examples of SQL projects or analyses you've completed in the past that relate to market forecasting. Discuss how you've used SQL to manipulate data sets, build queries, and generate reports to support decision-making.

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Describe your understanding of the structure and operation of wholesale power markets.

Your response should include an overview of key concepts, such as how power is traded, the role of regulatory policies, and how different market dynamics influence pricing. Share any relevant experiences or knowledge that showcase your expertise in this area.

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How do you manage competing priorities and deadlines in your work?

Discuss your strategy for prioritizing tasks, including any tools or methods you use to organize your workload. Provide an example of a time you successfully managed a tight deadline while maintaining quality in your analysis.

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What analytical tools have you used to create market forecasts?

Talk about the various tools you've employed, whether it's proprietary models or industry-standard software. Be specific about how you've used them to analyze data and generate insights for market forecasts in your previous roles.

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How do you ensure high-quality client service in your research?

Explain the steps you take to understand client needs, communicate effectively, and provide tailored insights. Give an example of a situation where your approach to client interactions led to a successful outcome.

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What do you consider to be key challenges in the North American power markets?

Identify some of the current challenges facing the sector, such as regulatory changes, market volatility, or the impact of renewable energy. Discuss how these factors influence your research and analysis.

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Describe a project you worked on that demonstrates your problem-solving skills.

Choose a relevant example where you faced a challenge, how you approached the problem, the analysis methods you used, and what the outcome was. Emphasize your analytical and collaborative abilities.

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What role does continuous improvement play in your work?

Highlight your commitment to evaluating your own processes, seeking feedback, and applying best practices. Share examples of how you have successfully integrated improvements into your research processes.

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How do you keep updated with changes in the power sector?

Discuss your methods for staying informed about industry trends, such as following relevant publications, attending conferences, networking with professionals, or participating in continuous learning opportunities. Show how this knowledge is applied in your analytical work.

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Wood Mackenzie, is a global leader in commercial intelligence for the energy, metals and mining industries. We provide objective analysis and advice on assets, companies and markets, giving clients the insight they need to make better strategic de...

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Full-time, hybrid
DATE POSTED
December 6, 2024

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