Jobs · OTHR · Texas

Director, Market Operations

The AES Corporation · Houston, TX · 3 days ago
HybridOTHRFull-time

Key Responsibilities

  • Develop and execute market participation strategies across CAISO, PJM, ERCOT, SPP, and MISO to maximize portfolio value.
  • Oversee bidding, scheduling, dispatch optimization, and real-time operations for renewable and storage assets.
  • Lead congestion management, curtailment strategies, and ancillary services participation.
  • Identify and implement opportunities for revenue enhancement, including arbitrage, capacity markets, and emerging products.
  • Cook up coordination with asset management, trading, and forecasting teams to ensure optimal performance.
  • Support origination and structuring teams in evaluating new commercial opportunities.
  • Ensure alignment between contractual obligations and real-time operations.
  • Ensure compliance with all applicable NERC reliability standards and ISO/RTO market rules.
  • Monitor regulatory developments and lead internal response strategies.
  • Collaborate with finance teams on tax equity structures and ensure operational compliance with investor requirements.
  • Support due diligence processes for financing and M&A transactions.
  • Provide operational insights into project valuation and risk assessment.
  • Foster cross-functional collaboration with trading, development, regulatory, and finance teams.
  • Drive continuous improvement in systems, processes, and analytics capabilities.

Qualifications

  • 10+ years of experience in power markets, energy trading, or market operations within the renewable energy sector.
  • Deep expertise across at least three major ISOs/RTOs: CAISO, PJM, ERCOT, SPP, MISO (experience in all preferred).
  • Proven experience managing renewable portfolios including solar, wind, and battery storage assets.
  • Strong knowledge of renewable project off-take agreements (PPA, VPPA, tolling structures).
  • Demonstrated experience with NERC compliance and reliability standards.
  • Experience working with tax equity financing structures and investor requirements.

Skills & Competencies

  • Strong analytical and quantitative skills with deep understanding of power market dynamics.
  • Commercial mindset with ability to balance risk and value optimization.
  • Excellent leadership, communication, and stakeholder management skills.
  • Ability to operate in a fast-paced, evolving regulatory and market environment.

Education

  • Bachelor’s degree in Engineering, Economics, Finance, or related field required.
  • Advanced degree (MBA, MS) preferred.

Similar jobs