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Postdoctoral Scholar - Statistics & Applied Probability (Statistical Learning for Renewable Energy Finance)

Application Window

Open date: March 10th, 2021

Last review date: Thursday, Jun 17, 2021 at 11:59pm (Pacific Time)
Applications received after this date will be reviewed by the search committee if the position has not yet been filled.

Final date: Wednesday, Jun 30, 2021 at 11:59pm (Pacific Time)
Applications will continue to be accepted until this date, but those received after the review date will only be considered if the position has not yet been filled.

Position description

Postdoctoral positions are available in the research group of Professor Mike Ludkovski in the Department of Statistics & Applied Probability at the University of California Santa Barbara. The positions involve collaborative research on the ARPA-E project ``Stochastic Models, Indices & Optimization Algorithms for Pricing & Hedging Reliability Risks in Modern Power Grids'' to develop data-driven large-scale stochastic simulations of renewable energy generation and to analyze the distribution of system operating costs in high-renewables-penetration scenarios. Successful candidates will have expertise in at least one of the following areas: stochastic modeling, spatio-temporal statistics, machine learning, modeling of renewable energy assets.

Postdoctoral appointments are full-time training programs of advanced academic preparation and research training under the mentorship of a faculty member.

Basic Qualifications:

  • To apply for this position(s), Applicants must have completed all requirements for a PhD (or equivalent) except the dissertation in Statistics, Financial Engineering, Applied Mathematics or a related discipline at the time of application.

Additional Qualifications:

  • Ph.D. conferred by the anticipated appointment start date.

Preferred Qualifications:

  • Prior experience in the areas of statistical machine learning, modeling of renewable resources (solar, wind), stochastic analysis, risk management, and energy finance. Strong programming skills, including R and Python, and expertise in scientific computation are desirable.

The initial appointment will be for one (1) year with a possible two (2) year reappointment based on continuation of funding and performance. Currently a single funded position with the possibility of a second position.

Currently funding is available for a single position and the possibility of a second position is contingent upon future funding.

For primary consideration, interested candidates should use the following link to submit a completed application, including an up to date curriculum vitae, cover letter, statement of research and three letters of reference by March 28, 2021.

We strongly encourage applicants to submit an optional Statement of Contributions to Diversity. These statements, if submitted, will be reviewed for evidence of teaching, research, professional, and/or public service contributions that promote diversity and equal opportunity, such as effective strategies used for the educational advancement, retention, and mentoring of students in various under-represented groups.

The Department is especially interested in candidates who can contribute to the diversity and excellence of the academic community through research, teaching, and service as appropriate to the position.

The anticipated start date is June 1, 2021.

For questions or additional information, please email

The University of California is an Equal Opportunity/Affirmative Action Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability status, protected veteran status, or any other characteristic protected by law.

Application Requirements

Document requirements
  • Curriculum Vitae - Your most recently updated C.V.

  • Cover Letter

  • Statement of Research

  • Statement of Contributions to Diversity - Statement addressing past and/or potential contributions to diversity through research, teaching, and/or service.

Reference requirements
  • 3-5 letters of reference required

Job location

Santa Barbara, CA