Sr. Quantitative Energy Portfolio Analyst

Sr. Quantitative Energy Portfolio Analyst

Sprague Energy is seeking a Sr. Quantitative Energy Portfolio Analyst to join its Quantitative Analysis and Portfolio Management team at its Portsmouth, NH headquarters.

As a key contributor on the Quantitative Analysis and Portfolio Management team, you will support enterprise-wide portfolio level decisions, help manage complex risks, contribute to existing and new products pricing strategies, collaborate with business leaders across departments to drive portfolio optimization and growth, lead the development of analytical tools, and participate in evaluations of various business development and strategic initiatives. The business areas of focus include but are not limited to Retail Natural Gas and Electricity, Refined Products and Terminal Operations, and other key areas where Sprague is providing energy products, services and solutions now or in the future.

We are seeking a very well qualified, upbeat and energetic candidate, who excels in communication, interpersonal effectiveness and collaboration, thrives on challenges and is excited about the idea of strongly contributing to the success and growth of a fast-paced organization in the energy sector.

The position will report to the Manager / Director of Quant. Analysis and Portfolio Management and will interact with team members from other Business Units and departments like Quant, BI and Data Analytics, BA, IT, BD, Marketing, Risk, Sales, Supply, Finance, FP&A, Treasury, Legal, Credit, Accounting and other Sprague and Hartree teams as well as present project results to the upper management and leadership team. Most portfolio analytics projects are carried out in close collaboration and supported by the Quantitative Analysis team.

This position will be on-site at Sprague's headquarters office in Portsmouth, NH.

Key Responsibilities:

• Maintain, develop and enhance portfolio-level analytics for pricing, hedging, optimization, forecasting and scenario analysis.
• Monitor and manage complex energy positions to mitigate risk and maximize gross margin.
• Help design and execute GM swing risks hedging strategies in collaboration with internal teams and external partners and counterparties.
• Actively identify and act on portfolio risks and opportunities through continuous market analysis.
• Proactively gain a deep understanding of Sprague's business, related market conditions, market fundamentals, business operations, data, systems, models, products, and processes.
• Analyze new business opportunities and support the design of new products and growth strategies.
• Provide analytical insights and recommendations to the leadership teams.
• Lead cross-functional projects from scoping through delivery under tight deadlines.
• Contribute to modern energy solutions that support customer needs and strategic portfolio balance.
• Collaborate with IT, Quant, BAs, Risk, BI, Data and BU stakeholders on improving and developing portfolio tools, modern applications, web portals, ETRM systems, and innovative solutions for the growing Sprague energy business.
• Keep version control, document, and create repositories of portfolio team models, functions and processes.
• Build strong working relationships across Sprague, our parent company, Hartree Partners and outside business partners.

Required Qualifications and Skills:

• Master's degree and education in some combination of interdisciplinary areas of Finance, Economics, Risk Management, Applied Mathematics, Statistics, Actuary Science, Engineering or related field with strong coursework and foundation in quantitative disciplines.
• Minimum of 3 years of experience in the energy industry in a similar role, involving analyzing and managing complex volumetric and market price risks and energy portfolio / assets optimization, structuring and pricing.
• Good understanding of the energy markets areas like Retail / Wholesale Natural Gas, Refined Products, Electricity, Renewables, etc.
• Deep knowledge of hedging strategies, energy derivatives, and portfolio risk analytics (e.g., VaR models).
• Advanced skills in Python / R / MATLAB.
• Excellent collaboration skills and teamwork oriented.
• Ability to independently solve complex problems, conduct research, evaluate pros and cons and provide creative and commercially viable solutions.
• Exceptional communication and interpersonal skills for cross-functional collaboration.
• Ability to effectively coordinate various business requirements across teams.
• Clearly present complex topics to various audiences, including C-suite.
• Business mindset with a focus on practical, phased solutions and impact delivery.
• Good planning and project management skills.
• Flexibility to switch priorities as needed and adaptability to fast-paced work environment.
• Following the highest standards of ethics and respect for the individuals and the environment.

Preferred Qualifications and Skills:

• Certificates like FRM, CFA, PRM, Energy Risk Management, Actuary, etc.
• Good data manipulation skills. (SQL, etc.)
• Passionate about applying quantitative skills for managing, optimizing and growing complex energy portfolios.
• Strong interest in the energy markets and topics like sustainability, energy transition, energy innovation, modern energy solutions to complex energy problems.

Who we are:

Sprague takes a collaborative, customer-centric approach to providing best-in-class energy products and related services throughout the Northeast. Founded in 1870, we pride ourselves on offering customers the expert solutions and high-quality service that help their businesses thrive in any market landscape. Sprague values innovation, safety, integrity and people. We know that our people are what set us apart from our competition, and we work hard to make sure each employee across our 20+ locations knows how important they are to our community.

Come join us to learn why we are consistently celebrating 20-, 30-, and even 40-year anniversaries here at Sprague!

Sprague is an EEO/AA employer. We strongly encourage minorities, females, Vets and individuals with disabilities to apply.

As a federal contractor we adhere to OFCCP employment regulations. Equal Opportunity Employer This employer is required to notify all applicants of their rights pursuant to federal employment laws. For further information, please review the Know Your Rights notice from the Department of Labor.