Sr. Mgr. of Quantitative Finance and Data Science

Company: SunPower
Location: Richmond
Posted on: March 14, 2023

Job Description:

Do you want to change the world? We do, too.SunPower is changing the way our world is powered every day with a passionate and driven team of more than 3,660 full-time employees in North America and the Philippines. SunPower provides world-class solar solutions to residential customers across the U.S. with a commitment to a superior customer experience. We welcome forward thinkers, freedom chasers and all those demanding better, cleaner energy to join us.Sr. Manager, Quantitative Finance and Data ScienceSunPower's mission is to change the way the world is powered. Solar is one of the fastest-growing industries in the US. Not only is solar energy clean; for most Americans it also saves money vs. buying power from the utility. Studies show that the #1 barrier to solar adoption is concern over upfront cost. The mission of the SunPower Financial team is to remove that barrier by making it cheap and easy for homeowners to go solar with no money down.Reporting to the Senior Director, Capital Markets, this role will design, implement, and own complex financial models in support of our residential solar loan and lease business. This includes transaction modeling, forecasting, scenario analysis, and stochastic analysis to measure risk. The solar industry enjoys a complex array of Federal and State incentives and tax benefits designed to spur solar adoption, build a green manufacturing sector in the US, and combat climate change. Maximizing the value of these unique benefits requires particularly complex financing arrangements, which in turn require advanced financial modeling capabilities. As the lead financial modeling expert of our team, you will be at the center of this complexity. Your models will be in production at the heart of our automated pricing and underwriting systems. You will be a trusted expert advisor to SunPower senior leadership on how to optimize the lease and loan business.This is a senior position that brings immediate opportunities for real-world impact. Your work will translate directly into savings for our customers, which in turn will lead to faster growth and meaningful P&L upside for SunPower. The ideal candidate has a track record building and operating complex financial and statistical models for asset-backed securities or project finance transactions, including running stress scenarios. Your understanding of statistical methods is robust. You are proficient in the tools of the quantitative practitioner, e.g. Python, R, and/or Matlab. You are comfortable working with very large datasets, and with modern scientific platforms such as Sagemaker, Azure ML, Datalab, etc.The ideal candidate will be an independent and curious thinker who can build robust, high performing models that will scale for the future, and can make convincing, information-based arguments to influence the direction of the company. This role has C-level visibility and requires delivery and operation of a complex set of solutions at a high bar for quality in a fast-paced environment. Superior analytical training and abilities are essential.Basic qualifications:---Bachelors' degree in Financial Engineering, Computer Science, Mathematics, Statistics, or similar technical field.---8+ years' experience in a financial modeling role, with at least some of that period working on problems related to ABS, structured credit, and/or project finance transactions or investments.---Proven ability to write performant code in at least one programming language (e.g. C, C++, Java, or Python).---Proven ability to analyze large data sets and draw useful commercial conclusions.---A sound understanding of fixed income mathematical concepts.---A keen interest in solving analytical problems.---Demonstrated ability to work in a fast-paced environment, prioritizing tasks to maximize value.Preferred qualifications:---Master's degree in an analytical area such as Financial Engineering, Computer Science, Mathematics, Statistics, or similar technical field.---Experience with solar loan or lease transactions, especially tax equity partnerships.---Experience with time series forecasting methods.---Strong verbal/written communication and data presentation skills, including an ability to effectively communicate with both business and technical teams.---Ability to be a trusted expert advisor and partner who can work cross-functionally, building and maintaining trust with internal stakeholders.Professional traits that are not unique to this position but necessary for SunPower leaders:---Exhibits excellent judgment---Hires great people. Develops great people---Has relentlessly high standards---Expects and requires innovation of their team---Thinks big and has convictions---Delivers results---Has the innate ability to inspire passion in othersDon't meet every single requirement?Studies have shown that women and underrepresented minorities are less likely to apply to jobs unless they meet every single qualification. At SunPower, we are dedicated to building a diverse, inclusive, and authentic workplace, so if you're excited about this role but your past experience doesn't align perfectly with every qualification in the job description, we encourage you to apply anyway. You may be just the right candidate for this or other roles.Equal Employment OpportunityThe Company is an equal employment opportunity employer and makes employment decisions, including but not limited to, hiring, firing, promotion, demotion, training, and/or compensation, on the basis of merit. Employment decisions are based on an individual's qualifications as they relate to the job under consideration. The Company's policy prohibits unlawful discrimination based on sex (which includes pregnancy, childbirth, breastfeeding, or related medical conditions, the actual sex of the individual, or the gender identity or gender expression), race, color, religion, including religious dress practices and religious grooming practices, sexual orientation, national origin, ancestry, citizenship, marital status, familial status, age, physical disability, mental disability, medical condition, genetic information, protected veteran or military status, or any other consideration made unlawful by federal, state or local laws, ordinances, or regulations. The Company is committed to complying with all applicable laws providing equal employment opportunities. This commitment applies to all persons involved in the operations of the Company and prohibits unlawful discrimination by any employee of the Company, including supervisors and co-workers.Accommodation for Applicants to SunPower CorporationSunPower Corporation is an Equal Employment Opportunity / Affirmative Action employer and provides reasonable accommodation for qualified individuals with disabilities and disabled veterans in job application procedures. If you have any difficulty using our online system and you need a reasonable accommodation due to a disability, you may use the following alternative email address to contact us about your interest in employment at SunPower Corporation: jobs@sunpower.com. Please indicate in the subject that line of your email that you are requesting accommodation. Only candidates being considered for a position who require an accommodation will receive a follow-up response.NOTICE TO ALL APPLICANTS AND EMPLOYEESAvailability of Affirmative Action Plan for ReviewSunPower is a federal government contractor. As a part of the Company's obligations under law, it must develop a written Affirmative Action Program (AAP) for the Disabled, Recently Separated Veterans, Armed Forces Service Medal Veterans, Disabled Veterans and Active Duty Wartime Or Campaign Badge Veterans and for Women and Minorities as specified by law. Non-confidential and non-proprietary aspects of the AAP are available for inspection by applicantsand employees, consistent with applicable law, which will be made available during office hours by contacting the EEO Officer.

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