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Valuation Analyst Job

Location(s): CO - Denver


Are you looking for an exciting job where you can put your skills, talents and education to work at a company you can feel proud to be a part of? Do you want a workplace that will challenge you and offer you opportunities to learn and grow?  A professional position at Xcel Energy could be just what you’re looking for.



Position Summary

Develop and implement industry leading valuation models, providing direct support for complex trade floor Risk Systems and operations. Applies extensive knowledge of standard quantitative/computational finance methods to energy commodity Risk System pricing and valuation spaces. Demanding internal customers and fast-paced trade floor operations require the ability to efficiently and effectively solve complex quantitative problems.


The successful candidate will be placed in the appropriate level within the job family based on their experience.

Essential Responsibilities


  • Reviewing and quickly understanding commercial terms of standard and structured energy commodity contracts.
  • Identifying and validating pricing visible parameters and estimating illiquid pricing parameters.
  • Leveraging existing quantitative skills, knowledge of energy commodity markets and structured products.
  • Developing, implementing and standardizing pricing and valuation models to estimate risk, position and value or real energy options.
  • Developing and implementing portfolio market risk distribution estimation methods.
  • Benchmarking, testing and documenting transaction pricing models and system valuation models.
  • Ensuring model development can be leveraged across the trade floor by commercial and control personnel.
  • Coordinating with the quantitative function to implement system valuation models and methods in a robust, accurate, and timely manner.

Minimum Requirements



  • Master's Degree in a numerate discipline, such as computer science, mathematics, engineering, physics or similar quantitative field or PhD in this discipline.
  • Demonstrated skills in pricing and valuation of complex, structured products in the energy commodity markets.
  • Demonstrated ability to use statistical methods to model and explain energy market and contract risk characteristics.
  • Extensive knowledge of standard quantitative/computational finance methods and ability to apply them to pricing energy commodity market real options and structured products.
  • Experience with parameter estimation, both using large data sets as well as when faced with sparse and illiquid market data.
  • Ability to communicate effectively with demanding customers on a fast paced energy trade floor.

Preferred Requirements



  • Knowledge of Trading Risk Systems, especially Triplepoint CXL, SAS Bookrunner, Morningstar Curve Manager and IBM ESB.






As a leading combination electricity and natural gas energy company, Xcel Energy offers a comprehensive portfolio of energy-related products and services to 3.4 million electricity and 1.9 million natural gas customers across eight Western and Midwestern states. At Xcel Energy, we strive to be the preferred and trusted provider of the energy our customers need. If you’re ready to be a part of something big, we invite you to join our team.


Posting Notes:  CO - Denver || CO - Denver || United States (US) || Risk Audit and Compliance || 25275:Risk Strategy & Control & Cred || Full-Time || Non-Bargaining ||

The anticipated starting base pay for this position is: $62,700 to $89,033 per year

Click here to see our benefits


Requisition Number: 27788

Equal Opportunity Employer: Minority/Female/Disability/Veteran

Individuals with a disability who need an accommodation to apply please contact us at

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Nearest Major Market: Denver

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