Product Analyst - Operations

Base is America’s next-generation power company. We’re rebuilding the foundation of modern civilization–electricity–by deploying a vast network of distributed batteries that is transforming today’s fragile, centralized grid into a resilient and abundant system. We are engineers, operators, and creatives solving some of the most complex, interdisciplinary challenges of our time. Base’s Risk & Trading team turns a fleet of distributed batteries and the households we serve into a power business that makes money. As a Market Analyst, you’ll know how much Base is earning, where it could lose money, and how it will make money in the next market. You’ll own P&L (profit and loss) reporting and risk tracking across our battery fleet and retail operations. You’ll build the pricing models behind what we charge members, recommend hedges, and work with Finance, Growth and Legal & Policy to figure out how Base makes money in each new market. This role suits someone with a few years of experience in power markets, retail energy, or a related analytical field. Bring PJM into our risk system and P&L reporting, so we know the margin we earn and how to buy supply. Identify new market opportunities and work closely with stakeholders from Finance, Growth and Legal & Policy teams to bring them to reality. Recommend changes to Base’s hedging strategy in ERCOT and PJM, and track our exposure against risk limits. You know how retail pricing and operations work. Commercial sense: you understand how a retail offer makes or loses money. You can explain the cost to supply it, the margin on it, and the risk in between. Risk and statistics: you think in distributions, not point forecasts. Basic statistics is enough. Coding and SQL: you build reports and models in Python (or another language), pull your own data with SQL, and work through a problem independently. Nice to have: experience at a retail energy provider, utility supply desk, or trading middle office. Base’s Risk & Trading team turns the grid-service capability of our distributed battery fleet into revenue. That means building and defending the models that decide which markets and products Base participates in, from real-time arbitrage to multi-year distribution deals. You’ll work alongside traders, market operations engineers, and policy leads who bring the same rigor to distribution-scale energy that a trading desk brings to wholesale power. Base is a startup, which means priorities shift and evolve quickly. Collaboration and celebration coincide with the intensity of building real things.