Power Market Desk Head

Invenergy drives innovation in energy. Powered by decades of entrepreneurial experience and unparalleled execution, we solve the energy challenges facing our customers and communities. We provide power generation and storage solutions at scale around the world to create a cleaner energy future. We develop. We build. We own. We operate. We are Invenergy.

This position will be open for application for at least 3 calendar days from the posting date. This position will remain open for application based on business need, which may be before or after the 3-day posting window.

Job Description

Invenergy is seeking a Power Market Desk Head for one of its operating regions. Responsibilities would include the following:

• Develop, execute, and monitor strategies to optimize margin for generation facilities in the assigned RTO/ISO.
• These strategies should include bilateral hedging, Day Ahead energy trading, congestion management, and could include gas purchasing and scheduling, capacity transactions, and purchasing or sale of emissions or renewable credits.
• Must understand limits on project financed power generators and monitor credit and position limits agreed with financing parties or 3rd party owners.
• Depending on region, team may include term traders, Day Ahead Traders, and/or Power Schedulers.
• Expected to be or become an expert in the market rules of the assigned RTO/ISO to understand opportunities, limitations, and compliance with commercial rules, and assist in onboarding new projects in that region.
• Responsible for a working understanding of all regulatory rules and responsibilities in region while working with Regulatory and stakeholder groups in future rule making.
• Work with Asset Management and Finance on setting revenue budgets for each project and provide periodic re-forecasting of positions throughout the year.
• Take ownership and responsibility for Energy Margins and ensure that the results of strategies show up as expected in invoices and financial statements.

Requirements

• Bachelor’s degree with strong academic credentials in Engineering, Finance, Math and or Statistics. Master’s degree preferred
• Minimum of five (5) years’ of relevant industry experience
• Knowledge of and relationships with other trading entities in the region are a plus, as is experience in negotiating contracts such as NAESB, EEI, or ISDA
• Advanced proficiency with Excel with focus on improving automation
• Keen understanding of electricity markets, with specific knowledge of the assigned RTO/ISO or region. For some regions, knowledge of gas pipelines and gas scheduling will also be required.
• Able to demonstrate strong organizational, communication, negotiation, and management skills.
• Able to demonstrate a highly motivated demeanor, ability to be a self-starter, friendly personality, and team player.

Base Pay

$120,000.00 - $145,000.00 USD Annual
Bonus: 25% - 40%

The base pay range reflects the minimum and maximum target salary for the position. Invenergy considers a number of factors when determining base pay offers such as the scope and responsibilities of the position and the candidate's experience, education and skills.

In addition to base pay, the total annual compensation package may also include eligibility to participate in our bonus program(s) which are designed to reward individual and company performance. Your recruiter can share more about bonus eligibility for this position during the hiring process.

Invenergy offers a variety of other benefits including medical, dental and vision insurance, 401k, paid time off, etc.

Invenergy LLC is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to, among other things, race, color, religion, sex, sexual orientation, gender identity, national origin, age, status as a protected veteran, or disability.