Senior Manager, Commercial Asset Management

Position Description

• Manage the daily Day-Ahead bidding, the cash month and term strategy, and execute trades on behalf of natural gas-fired, oil, and renewable facilities power generation assets based on changing market conditions.
• Responsible for assigned assets PnL.
• Hedge, or direct the execution of hedges, for assets within established authority limits while actively managing credit and cash commitments per the Risk Management Policies governing the assigned assets.
• Work with plant operations, third-party energy managers, and fuel suppliers (intraday gas procurement) for optimal asset trading and optimization.
• Develop expert knowledge of asset contracts and provide for proper supervision and optimization of contractual commercial rights and responsibilities.
• Understand and adhere to all tariffs, market conduct rules, market protocols and procedures.
• Formulate short and long-term market views and forecast power, fuel, and emissions prices to optimize asset trading and hedging decisions.
• Daily monitoring and reporting on assigned energy asset activity.
• Lead and/or sponsor strategic initiatives for assigned assets, prepare and present to senior leadership.
• Collaborate on M&A and Development strategies related to potential transactions.
• Perform other duties and tasks as assigned.

Qualifications

• Required Education and Experience:
  • Bachelor's degree in Finance, Business, Economics or related field.
  • 5 or more years of energy or infrastructure industry experience in a project finance or fund administration role.
  • Database expertise (proficiency in Excel).
• Preferred Education and Experience:
  • Bachelor’s degree in business, economics, finance, or a related field.
  • Prior experience working with conventional or renewable generation assets in a commercial operations/asset trading role.