Commercial Analyst

About the Role

Capital Power is seeking a motivated Commercial Analyst to join its Commercial Operations team. This role offers a strong early-career opportunity to develop expertise in power markets, financial analysis, and commercial operations. You will support the financial performance, reporting, and commercial strategy of a portfolio of power generation assets, working closely with experienced leaders and cross-functional teams. You will gain exposure to trading, risk, finance, development, and asset management, with a focus on Eastern power markets such as PJM and MISO.

Key Responsibilities

• Build and maintain financial and operational models to forecast revenue, costs, gross margin, and asset performance.
• Support budgeting, forecasting, and longer-term planning by analyzing commercial and operational drivers.
• Monitor trade performance and profit and loss results, and explain key market and operational drivers.
• Prepare accurate and timely reports on generation, revenue, margin, and key performance indicators.
• Support settlement review and reconciliation by identifying discrepancies and investigating root causes.
• Analyze energy, capacity, ancillary services, fuel, and emissions market trends and their impact on asset performance.
• Monitor market, regulatory, and policy developments and provide clear, data-driven insights.
• Extract, manipulate, and analyze large datasets using SQL, Excel, Python, and related tools.
• Develop and improve automated reporting, dashboards, API-based data connections, and analytical tools.
• Work collaboratively with trading, risk, finance, accounting, and asset management teams on cross-functional priorities and ad hoc analysis.

Requirements & Tech Stack

• Bachelor’s degree in Engineering, Finance, Economics, Mathematics, or a related analytical discipline.
• 0-5 years of experience in an analytical, financial, energy, or other quantitative environment.
• Experience in the utilities, power generation, or broader energy sector is considered a strong asset.
• Knowledge of financial modeling, forecasting, and quantitative analysis.
• Strong Excel skills for analysis, modeling, and reporting.
• Experience with Python or similar tools for automation, reporting, or data analysis.
• Working knowledge of SQL or database querying.
• Ability to work with large datasets and translate analysis into clear business insights.
• Interest in or exposure to power markets, natural gas markets, or the energy industry; PJM and MISO knowledge is an asset.
• Strong analytical and problem-solving skills, with attention to detail and curiosity.
• Strong communication and collaboration skills, with the ability to work independently and across teams.

Working Conditions

• Hybrid office/work from home position, based in our Washington DC office.
• Minimal travel required.