Our backgrounds are diverse, but we all share a passion for understanding how things work and for solving challenging problems. The markets that we trade in and our approach to investment provide countless opportunities to satisfy analytically minded people.
We believe that our people are extraordinary: exceptionally talented individually, yet modest, approachable, and fully engaged in cohesive teams.
Meet some of our analysts and associates, and read about their experiences in their own words:
I was exposed to electricity markets in school and really appreciated the opportunity to apply my physics background to a business setting. These markets offer a unique mix of complex problem solving with quantitative analysis, and DC Energy has an amazing track record in them. Once I visited the office, the people I met made a great impression on me, so it was really easy to see myself working here. Everyone is extremely talented, motivated, friendly and enjoys their work. You feel a sense of genuine camaraderie.
I always start my day off reviewing the outcomes of the daily New York power markets, and try to draw conclusions based on this newly published data. As part of a market team my responsibilities generally revolve around the power market auctions. Depending on the day I will be forecasting electricity prices in New York or New England, recommending investments based on those forecasts, or preparing bids for a power market auction. Outside of auction cycles, I’ll work on long term projects to either strengthen our investment processes or develop the team’s understanding of the markets we trade in.
There are tons of opportunities to make an impact on investment decisions from the moment you join the firm. Bringing an idea or question to the team is always welcomed and can result in an actionable conclusion. It is also very easy to track the performance of an investment which makes it incredibly rewarding when you see it perform as expected. At DCE, you’re asked to think about problems holistically and with clear objectives so I’ve always understood and agreed with the direction of my work.
I try to take advantage of the neighborhoods in Washington DC as much as possible since there is a lot of history and culture in the city. DC is full of young professionals so there are lots of recreational outlets for people new to the town; I’ve joined basketball leagues and even organized some games after work at courts near the office.
I have developed a broad range of skills that I did not expect to acquire at a trading firm. Despite our focus on power markets, I have not felt pigeonholed or stuck in a position with little growth opportunities. I came to DCE with very little programming experience but was able to pick up those baseline skills through the training program, and then expanded them further during the first few months of work.
Going into my senior year at Yale, I had no idea what sort of career I might want to pursue. I came across DC Energy at the career fair and was intrigued by what I learned about the company. One of the biggest priorities for me is that my work is interesting and intellectually stimulating, and having always been quantitatively-minded and having studied economics and mathematics, DCE’s quantitative problem solving approach was a good fit. I also appreciated the opportunity to work collaboratively with very high caliber individuals in a laid back, friendly environment bearing little resemblance to what I had grown to expect, with trepidation, of the corporate finance world.
My team trades in a market structured around annual and monthly auctions, and the schedule varies quite a bit with the proximity of an auction. In the week or two leading up to an auction, the primary focus of my workdays is to develop price forecasts based on a combination of historical and forward-looking data using a variety of analytical tools. Once the auction deadline passes, there is more room to focus on long-term projects that seek ultimately to improve our operations. This is a very open-ended problem, and there is a lot of room to dictate the sort of questions you want to tackle and approach you want to take based on your own strengths, interests and initiative.
The best part of my job is that you are able and, in fact, encouraged to contribute meaningfully to idea generation from the very start. You are never just performing routine assignments handed down from above, but rather always thinking critically about what contributions you can make. The level of responsibility and expectations associated with this are high, for sure, but it indicates a level of respect for your abilities, and on top of that all the resources and tools for success are very much available through channels like various training sessions and interactions with your peers. Another great aspect is undoubtedly the people who are at once brilliant, talented, driven, but also somehow well-rounded, interesting and fun to be around.
My favorite activity outside work is rock climbing and more broadly spending time in the outdoors. Work nights often find me at the local climbing gym (biggest in the nation!) and weekends often find me camped out at various climbing destinations in VA, WV, KY, NY, etc, or roaming the local woods with my German Shepherd. That said, when I need to take some rest days the city life here holds plenty of appeal as well - DC has no shortage of cultural attractions, and is a truly unique and beautiful city.
While there is a wealth of useful knowledge to be gleaned from college, it does not necessarily give you the tools to tackle real world, practical problems that have no straightforward, scripted solutions. For example, say you are considering entering into a new market to trade, one you know nothing about. How do you go about this process? How do you figure out what data you might need to develop viable strategies, and how can you get it? How do you evaluate these strategies? Coming out of college one can fall into the trap of thinking there must be easy, right answers for everything. At DCE I learned that this is not the case, which sounds daunting but is really a beautiful thing - anyone can tackle any problem with a methodical approach; there is not just someone holding the answer key.
Having just finished a masters program in Financial Mathematics and an undergraduate program in Statistics, I was looking for a job that would allow me to utilize my quantitative skills in the financial field. DCE stood out to me relative to banking jobs due to the amount of quantitative expertise they deployed. But what contributed most to my decision was the office day visit, where I got to interact with the people at the company. I thoroughly enjoyed the collaborative culture and everyone's friendliness. The culture and work environment at DCE is hard to beat.
I have been on multiple teams by now, from risk management to commodities trading to optimization, and the daily work is never routine for me. I am currently working on a project to identify the high value analytical processes that lead to profitable investment decisions. Some days I will have a lot of interactions with individual market teams to try to better understand their operational workflow. Other days, I will focus on building models to test various hypotheses.
There are always new, challenging problems waiting to be solved. All of the problems I have encountered in DCE have been interesting to work on. Even though this means it can take a long time just come up with a plan to tackle the problems, the satisfaction I get when making a breakthrough is that much greater. Also, the projects I work on almost always have implications not just for my team, but also for the firm as a whole. It is common to have cross-team collaborations, and people are always happy to answer my questions whenever I get stuck, or help me brainstorm ideas. You will never get the feeling that you are working alone on meaningless projects.
DC is a fun area to live in. There are plenty of restaurants and bars downtown where I hang out with my friends on weekends. I usually try to hit one of the top 100 Washingtonian restaurants every other week or so. I also do lots of outdoor activities such as hiking, kayaking, and ziplining around the DC area. In the past year, I have made several hiking trips to several different trails: Shenandoah National Park, Great Falls Park, and Sugarloaf Mountain. At DC Energy, groups people will play sports before / after work, such as tennis and frisbee, and I often join in. It's never boring here!
I have learned a lot of valuable skills such as programming and modelling techniques at DCE, but the one thing that stands out most is learning how to leverage a well designed system to allow the company to run more analysis and therefore make better investment decisions. I was pretty comfortable before joining DCE writing simple scripts to carry out various analysis and calculations, but DCE open my eyes to how important it is to have a robust system and infrastructure to help automate many tasks that would otherwise be impossible to maintain. I also acquired experience with database management and designing firm wide infrastructure, which I had never thought of doing before working here. Analysis at DCE goes far beyond the simple modelling/spreadsheets I expected, and it's exciting to me to learn a more about advanced techniques every day.
DISCLAIMER: We are not soliciting commodity pool business or investors; this is not an advertisement for investors or prospective investors or to the public generally. This website is designed to provide general information to potential counterparties and prospective employees about DC Energy.
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