Portfolio Analytics Specialist

IREN is a vertically integrated AI Cloud provider, delivering large-scale data centers and GPU clusters for AI training and inference. IREN’s platform is underpinned by its expansive portfolio of grid-connected land and power in renewable-rich regions across North America, Europe and APAC.

With 100% renewable energy, we build, own and operate our data centers and take pride in being at the forefront of sustainable solutions for the ever-evolving applications of high-performance compute. We believe that human progress is invaluable, but it should be done in the right way – responsibly, sustainably and having a positive impact on the communities we operate in.

The Portfolio Analytics Specialist role at IREN provides the quantitative analysis, modelling and reporting that underpins energy decisions across our data centre portfolio, with operations in North America, Europe and Australia. The successful candidate will build and maintain price, load, valuation and optimization models, value PPAs, hedges, CRRs and ancillary services positions, quantify basis, congestion and curtailment economics, and deliver the position, mark-to-market and performance reporting used by trading, procurement, operations and finance. The role requires strong quantitative and data management skills, sound power market knowledge and the ability to translate complex analysis into clear commercial recommendations.

Responsibilities

• Develop and maintain proprietary models for power price forecasting, load forecasting and portfolio optimization across IREN's markets.
• Produce daily position, mark-to-market, P&L and exposure reporting for the energy portfolio, including attribution of the drivers behind performance.
• Deliver ongoing portfolio monitoring and translate findings into clear strategy recommendations for the Head of Energy and senior leadership.
• Build and maintain valuation models for hedges, PPAs and structured transactions, and value FTR/CRR, ancillary services and demand response positions, quantifying basis and congestion exposure across nodes.
• Develop scenario analysis, stress tests and sensitivity analysis to stress-test portfolio decisions and quantify price, volume, shape and basis risk under a range of market and operating conditions.
• Partner with Fundamental Analysis to validate forecasts and model outputs against third-party views and market intelligence.
• Build and maintain IREN's energy database and supporting data pipelines - market data, pricing curves, positions and exposures - drawn from ISO portals, market data vendors and internal operating systems.
• Lead ETRM modelling and implementation to support deal capture, position management and portfolio reporting.
• Quantify curtailment economics, flexibility value and dispatch trade-offs in partnership with Operations and Site Development.
• Support hedging, procurement and origination decisions with pricing analysis, deal screening, sensitivity testing and post-trade performance review.
• Design, automate and maintain dashboards and recurring reporting for the Head of Energy, Finance, Operations and senior leadership.
• Backtest forecasts and models, document methodology and assumptions, and maintain model governance, validation and version control.
• Partner with Risk, Finance and Accounting on valuation inputs, settlement variance analysis, budgeting and forecasting support.
• Monitor market rules, PUCT developments and market-design changes, and quantify their impact on IREN's operating cost, flexibility value and portfolio strategy.

Requirements

• Bachelor’s degree in finance, Economics, Engineering, Mathematics, Statistics, Data Science or a related quantitative field; advanced degree preferred.
• Minimum five (5) years of experience in quantitative energy analytics, market modelling, ETRM systems, portfolio analysis or a comparable quantitative role.
• Hands-on ERCOT data experience strongly preferred, including nodal pricing, day-ahead and real-time markets, CRRs, ancillary services and settlement data.
• Strong quantitative and statistical skills, including pricing models, valuation methods, time-series forecasting and risk metrics such as VaR, exposure and sensitivities.
• Advanced Excel required; strong Python or R and SQL skills expected, with experience in data pipelines, version control and visualization tools such as Power BI or Tableau.
• Hands-on ETRM experience, including modelling, configuration or implementation; familiarity with ISO portals and market data platforms.
• Ability to translate complex quantitative analysis into clear, decision-ready recommendations for commercial and non-technical stakeholders.
• Detail-oriented with strong documentation discipline, model governance awareness and a commitment to reproducible analysis.
• Comfortable working to tight reporting deadlines in a fast-moving market environment, including support for portfolio needs outside standard business hours where required.

Benefits

At IREN, we offer a highly competitive compensation package that includes base salary, annual performance incentives, and opportunities to build long-term wealth through equity programs. These offerings are part of our broader Total Rewards package, thoughtfully designed to support your health, well-being, and long-term success.

Compensation

• Actual compensation will be determined based on factors such as experience, qualifications, and market data for the region.
• Total Compensation package may be inclusive of short-term and long-term incentives.
• Relocation (as applicable and based on successful candidate circumstances)

Health & Wellness

• Medical, dental, and vision insurance coverage – 100% company paid for employees, 75% company paid coverage for dependents
• Company-paid life and disability insurance
• Voluntary life, critical illness, and accident coverage available
• Health Savings Accounts (HSA) – when combined with the High-Deductible Health Plan
• Employee Assistance Program and wellness resources

Financial Well-Being

• 401(k) retirement plan with company match
• Financial wellness tools and resources

Time Off & Flexibility

• Paid Time Off (PTO) and paid holidays
• Flexible work arrangements

Growth & Development

• Opportunities for advancement and internal mobility
• Training and personal development opportunities

Lifestyle & Culture

• Company events and team-building activities

We value diverse perspectives and believe that skills can be developed. If you’re passionate about this role, we want to hear from you - whether you meet every criteria or not. Your unique experiences might be exactly what we need! IE US Operations Inc., the employing entity and proud member of the IREN group is an equal opportunity employer that is committed to creating an inclusive workplace. We are committed to evaluating qualified applicants and do not discriminate against protected characteristics under applicable legislation. By applying for this position and submitting your resume and application materials, you consent to the processing of your personal information in accordance with our Job Applicant Privacy Statement available on our website at www.iren.com.