Description

• Ensure compliance with strategic objectives and existing risk controls.
• Develop power generation hedging strategies across market regions to maximize profitability and minimize margin volatility.
• Maintain close interaction with operational teams, collecting real-time asset insights and proving them with market info to base operational decisions (e.g., maintenances, LD estimates, etc.).
• Provide asset valuation support for company’s acquisition and development activity.
• Perform market analysis to determine short- and long-term trading opportunities in the commodity markets (Power, FTRs, emissions, RECs, natural gas, power basis).
• Co-develop tools and integrated systems supporting the trading activity, such as stack models, bidding tools, dashboards.
• Assist with structuring and negotiating documentation to put trades into place.
• Hedging would focus on the gross margin value streams such as power, ancillaries, and capacity.
• Apply statistical and econometric analysis to raw Power and Gas data sets to form robust conclusions with predictive value.
• Formulate risk management and trading strategies.
• Negotiate and execute bilateral agreements to hedge existing positions and the supporting guarantee (e.g., busbar deals, basis lock-ups, submittal to RFPs, etc.).
• Monitor market, industry, product and pricing trends.
• Present hedge strategies (and their results) to executive committees and broader groups, (e.g., including teams such as finance, operations, legal, asset managers, etc.).
• Utilize industry fundamental analysis to research market dynamics and assess trade and hedge positions.

Requirements

• Proficiency handling complex data sets, using tools such as Excel and Pyhton (SQL queries is a plus).
• Good understanding in risk management, usual metrics and thresholds.
• Experience dealing with intermittency resources (Wind or Solar farms).
• Possess working knowledge of various trade capture and programming systems.
• Have excellent written and oral communication skills.
• Can work on a number of simultaneous projects with minimal supervision and exemplary follow-through.
• Have analytic, modeling, and fundamental research skills including demonstrated capability utilizing programming languages (writing, reading and editing code).
• Hold a Bachelor’s Degree.
• Have a minimum of five years of trading, structuring, and/or analytical support experience within the power industry.
• Deep experience in one or more energy markets in the United States.

Benefits

Training + Development

Interview process

Visa Sponsorship

Security clearance