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Senior Associate, Risk and Structuring Analytics

Clearway EnergyHouston, Texas, United StatesRisk
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Salary
$140K — $178K USD
Job type
Full-time
Experience
Senior · 3+ yrs
Posted
5 Oct 2026
Status
Open · checked 7d ago

About this role

Senior Associate, Risk and Structuring Analytics is a full-time position based in Houston, Texas, with Clearway Energy, focusing on quantitative models, risk analytics, and BESS valuation. This role is well-suited for a quantitative professional with at least three years of energy sector experience who wants to drive power market analysis and structured products pricing.

Role Overview

Clearway Energy seeks a Senior Associate of Risk and Structuring Analytics to develop quantitative models that drive BESS valuation, structured products pricing, gas generation optimization, and power market analysis, while quantifying and monitoring related risk exposures. Responsibilities include building the internal quantitative modeling platform, developing BESS dispatch optimization and price forecasting models, and providing independent risk analytics to inform commercial decisions across trading, origination, development, and asset management.

Key Responsibilities

Develop and deploy optimization models and quantitative analysis for BESS dispatch optimization, renewables, gas generation, and data center infrastructure projects across the US.
Build Stochastic or Machine Learning and Deep Learning models to forecast DA, Ancillary, and RT prices based on fundamental variables.
Maintain gas dispatch, HRCO, toll, and structured pricing models while performing mark-to-market analysis and supporting underwriting and credit analytics.
Refine vendor models or build in-house capacity expansion models considering market policy, LCOEs, retirements, transmission, reliability, and demand growth.
Benchmark models against actual operations and market outcomes to enhance forecast accuracy and optimization.
Enhance the internal quantitative modeling platform (CWENQuant) by creating data pipelines, automated workflows, and market data dashboards.
Design and maintain mark-to-market, Value-at-Risk, and Profit-at-Risk frameworks across BESS, gas, and structured product positions independently of trading desks.
Conduct scenario, sensitivity, and stress-testing analyses to quantify portfolio tail risk.
Quantify hedge effectiveness and basis risk for structured transactions, PPAs, and tolling arrangements, and recommend adjustments.

Requirements

Bachelor’s degree in Engineering, Finance, Mathematics, Statistics, Economics, or a related field.
Minimum of 3 years of quantitative or modeling experience within the energy sector, including trading firms, banks, utilities, IPPs, ISOs, or BESS companies.
Working experience developing machine learning and deep learning models using scikit-learn, Keras, or TensorFlow.
Experience with linear and Mixed Integer programming along with associated tools such as PuLP, Gurobi, or CPLEX.
Strong quantitative background with hands-on coding experience in Python.
Understanding of power market economics, wholesale market structure, and asset operations in ISO markets like CAISO and ERCOT.

Nice to Have

Programming proficiency in R and SQL alongside Python.
Working experience with stochastic models, mean reversion, and jump diffusion.
Exposure to ETRM systems, mark-to-market, and VaR model validation or governance practices.
Master’s degree or PhD.

Skills and Tools

Python
R
SQL
scikit-learn
Keras
TensorFlow
PuLP
Gurobi
CPLEX
CWENQuant

Salary and Benefits

The salary range for this position is $140,000 to $178,000 USD, with the exact pay depending on geographic location, skills, relevant experience, education, training, and certifications. Eligible employees may also earn an annual cash bonus subject to personal and company performance goals. Clearway provides a comprehensive benefits package including generous PTO, medical, dental, and vision care, health savings accounts with company contributions, health and dependent daycare flexible spending accounts, commuter benefits, relocation assistance, a 401(k) plan with employer match, life and accident insurances, fertility programs, adoption assistance, parental leave, tuition reimbursement, and domestic partnership benefits.

About the Company

Clearway Energy Group leads the transition to a clean energy future with a portfolio of approximately 11.6 to 11.8 GW of gross generating capacity across 26 states. The portfolio includes wind, solar, and battery energy storage assets, alongside conventional dispatchable power generation that supports grid reliability. Headquartered in San Francisco with offices in Denver, Houston, Phoenix, Princeton, and San Diego, the company operates a hybrid office model requiring office-based employees to collaborate on Tuesdays, Wednesdays, and Thursdays.

How to Apply

To apply for this role, please visit the official Clearway Energy careers page.

Skills and tech stack

Questions candidates ask

What is the salary range for the Senior Associate, Risk and Structuring Analytics role?

The salary range spans from $140,000 to $178,000 USD, with final compensation depending on geographic location, skills, experience, education, training, and certifications.

Where is the position located?

The position is located in Houston, Texas, and follows a hybrid work schedule with office collaboration required on Tuesdays, Wednesdays, and Thursdays.

What are the educational requirements for this job?

Candidates must hold a Bachelor’s degree in Engineering, Finance, Mathematics, Statistics, Economics, or a related field. A Master’s degree or PhD is preferred.

Is visa sponsorship available for this position?

No visa sponsorship or employment authorization sponsorship is available for this role now or in the future.

What programming languages and tools are required?

Python is a mandatory programming requirement, alongside machine learning frameworks like scikit-learn, Keras, or TensorFlow, and optimization tools such as PuLP, Gurobi, or CPLEX.

Ready to apply?

The application is on the official Clearway Energy careers page.

Apply on company site