# **Director \- Fundamental and Quantitative Analysis** **Date:** Nov 1, 2024 **Location:** Spring, TX, US, 77389 **Company:** Expand Energy Our core values — stewardship, character, learn, collaborate, and disrupt — are the lens through which we evaluate every business decision\. As a dynamic, growing company that offers extremely competitive compensation and benefits, our employees are our most valued assets and the foundation of Expand's performance among our E&P competitors\. We seek applicants from all backgrounds to ensure we get the best, most creative talent on our team\. We realize that, historically, underrepresented groups feel the need to be 100% qualified in order to apply\. If you meet any combination of our requirements, we encourage you to apply\. We strive to hire people from a wide variety of backgrounds, not just because it’s the right thing to do, but because it makes our company stronger\. ## **Job Summary** This director level position is responsible for developing and leading the Fundamental and Quantitative Analysis team responsible for tracking and modeling fundamental supply and demand drivers for domestic and international natural gas, LNG, NGLs, power and crude oil markets and for creating innovative risk solutions to assess risk and return of the portfolio, including asset pricing models, stochastic modeling and Monte Carlo simulations, Value\-at\-Risk \(VaR\) scenario stress testing, and liquidity analysis\. In addition, this position is responsible for formulating, consolidating, and communicating a market Point of View and for leveraging that information to drive value creation across the enterprise\. ## **Job Duties & Responsibilities** + Build and lead the Fundamental and Quantitative Analysis team + Drive the design, development, and implementation of quantitative solutions to assess portfolio valuation and risk, including stochastic modeling, VaR, parametric VaR, VaR backtesting, scenario stress testing, liquidity analysis, and forward curve modeling + Develop Supply and Demand models for natural gas, LNG, power, crude oil and NGLs + Build and maintain natural gas pipeline flow models to anticipate constraints points, price dislocations, and arbitrage opportunities + Develop, calibrate, backtest, and maintain asset pricing models to assess fair economic value of real options, such as power and LNG tolling agreements, transportation contracts, natural gas storage capacity, LNG diversion optionality, and other structured energy products\. + Coordinate with Risk and Trading teams to interpret, analyze, and model complex portfolio risk, including long\-term structured contracts with imbedded optionality to ensure accurate valuation and risk assessment utilizing Monte Carlo simulations and/or closed\-form solutions + Build and maintain Lower 48 natural gas production model for all key basins, evaluating initial production rates, rig counts, frac spreads, and decline curves + Build tools to manipulate large data sets and enable data sharing across Risk, Trading, and Marketing + Support digitalization and automation to facilitate and accelerate the flow of information across the business and minimize manual tasks + Provide direct and indirect supervision of personnel, participating in recruiting, development and training + Collaborate with internal teams for integrating the market point of view into strategic initiatives ## **Job Specific Skills** + Experience in a quantitative and/or fundamental analyst role within a financial or energy trading organization \(3\+ years or equivalent\), preferred, with a comprehensive understanding of trading, risk, and financial modeling, derivatives, options, and hedging strategies + Excellent quantitative skills and knowledge in statistical methods, operational research, stochastic modeling, and Monte Carlo simulation techniques + Strong foundation in the valuation of energy derivative products, including forwards and futures contracts, volatility, correlations, basis markets, and simple and exotic options + Capabilities for modeling structured energy transactions such as natural gas storage assets, pipeline transportation, gas processing agreements, heat rate options, and power transmission + Support pre\-deal evaluations and computation of performance metrics for trade books incorporating risk characteristics + Experience in coding languages with enable data gathering and transformation such as Python, SAS, or MATLAB + Familiarity with ETRM trading systems such as Endur, Allegro, ZEMA, etc\. + Advanced Excel skills such as pivot tables, lookups, and VBA macros + Previous experience with quantitative risk tools \(i\.e\. FEA, Lacima, etc\.\) + Strong analytical skills with experience in building models and forecasting + Advanced reasoning and problem solving, strategic thinking capability with excellent communication skills to effectively convey complex ideas to internal and external stakeholders + In\-depth understanding of the natural gas, power, crude oil, NGL and LNG markets, including value chains an infrastructures + Work with Origination, Risk Management, Trading and Marketing to produce and interpret modeled valuations and to respond to intra\-day trading requests to price and evaluate structured transactions + Ability to provide on\-the\-job training, performance assessment, coaching, motivation, and career development to employees + Knowledge of administrative procedures and management principles involved in strategic planning, resource allocation, leadership technique, and the coordination of people and resources + Ability to work under pressure with limited supervision, to formulate and articulate solutions, and to explain and defend modeling assumptions and output + Continuous improvement and learning mindset, utilizing tools to streamline and automate work to boost efficiency + Ability to ensure all employees are operating within all Expand Energy, state, and federal guidelines, policies, and regulations ## **Education** Minimum: Bachelor’s degree in quantitative discipline such as Financial Engineering, Mathematics, Statistics, Economics, or related science and engineering fields \- from accredited university Preferred: Master’s degree in quantitative field\- from accredited university \- Finance, Economics, Marketing, Business Management or related field ## **Experience** Minimum: 12 \- 15 years related work experience in natural gas/LNG Industry Hands on experience building and operating quantitative and stochastic models Programming experience in Python, R, SQL, MATLAB, or similar Knowledge of portfolio risk management principles Knowledge of global energy markets, local regulatory agencies, public utility commissions, regional transmission grids, and natural gas pipeline systems Expand Energy takes necessary action to ensure that all applicants are treated without regard to their race, color, religion, sex, sexual orientation, age, gender identity, national origin, genetic information, disability, pregnancy, military or veteran status or any other protected characteristic as established by law\. Expand Energy Corporation's operations are focused on discovering and developing its large and geographically diverse resource base of unconventional oil and natural gas assets onshore in the United States\. **Nearest Major Market:** Houston **Job Segment:** Pipeline, Quantitative Analyst, Financial, Risk Management, Strategic Planning, Energy, Data, Finance, Strategy Find similar jobs: Oil & Gas Marketing, Comercialización de Petróleo & Gas + Privacy \(https://www\.expandenergy\.com/privacy\-policy/\) + Terms + View All Jobs + + © 2024 Expand Energy\. All rights reserved\. ## **Cookie Consent Manager** When you visit any website, it may store or retrieve information on your browser, mostly in the form of cookies\. Because we respect your right to privacy, you can choose not to allow some types of cookies\. 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