Senior Associate, ETRM/Trading Systems

Job Description

The Senior Associate, ETRM/Trading Systems will reside within the energy management function and play a key role in providing data management and trading analytics covering energy marketing and trading activities across Clearway’s portfolio of renewable generation assets. This position will initially focus on working with key constituents to ensure the successful implementation of an Energy Trade Risk Management (ETRM) system. Once implemented, the role will provide ongoing solutions for the ETRM as needed, while providing solutions, architecture leadership, consultancy, expertise, and guidance to the Clearway Asset and Energy Management and Credit & Energy Risk teams. This is a highly visible role for a detail-oriented individual to excel within a growing energy management group. The position will report to the Energy Management Director of Data Architecture and Analytics.

If you don’t meet 100% of the qualifications but see yourself contributing, please submit your resume.

What You'll Be Doing

• Lead PCI modeling processes to ensure accuracy and efficiency in settlement procedures for ISO transactions, while also supporting PPA/contract modeling initiatives within the ETRM framework.
• Demonstrate expertise in understanding the complete trade/deal lifecycle, driving the sourcing of essential inputs for trade creation, and overseeing the mapping function for various trades.
• Collaborate closely with cross-functional teams to facilitate seamless data integration between ETRM, settlements systems, and other relevant sources into PCI, particularly for ISO-facing and PPA/contract transactions.
• Utilize hands-on experience to gather and analyze requirements pertaining to Physical & Financial Deal Types (Futures, Options, Swaps), PPA transactions, Mark to Market, and P&L Reports.
• Take ownership of daily commercial operations and data flow across all Clearway trading systems, ensuring smooth operations and adherence to established processes.
• Develop and maintain comprehensive technical documentation for ETRM and associated platforms, ensuring clarity and accessibility for all stakeholders.
• Provide diligent support to guarantee the accurate booking of accruals/invoices within the accounting ecosystem, verifying the precise flow of all realized components.
• Act as a bridge between trading, risk management, ETRM, and settlements teams, actively identifying and resolving issues while delivering timely solutions.
• Foster strong relationships and collaborate extensively with internal stakeholders including trading desks, market operations, audit, risk management, and settlements groups.
• Execute multiple assignments and projects concurrently with minimal oversight, adhering to defined priority and quality standards.
• Develop and maintain dashboards using PowerBI to help interpret and visualize ETRM metrics and related reporting.
• Collaborate effectively within the Asset and Energy Management team and other departments to address business and operating requests, including analytics, reporting, and due diligence.
• Support reporting requests from Clearway’s senior management team.

What You'll Bring

• Bachelor's degree in finance, economics, engineering, or a related field; master's degree preferred.
• Proven experience (5+ years) in ETRM and Bid-to-Bill systems – PCI preferred, Allegro, Adapt2, or other ok
• Advanced proficiency in PCI modeling and other relevant ETRM software platforms.
• Experience in one or more US power markets - CAISO, ERCOT, PJM, NYISO, NEISO, and MISO.
• Comfortable pulling and analyzing large amounts of data and ability to understand database structures and SQL queries.
• Understanding of data flow between any of the commercial operations systems, energy commodity transactions, trading, settlements, scheduling, and market operations.
• Excellent communication and interpersonal abilities, with a demonstrated aptitude for stakeholder management.
• Experience developing and deploying financial models in MS Excel using VBA
• Experience developing and maintaining BI tools. Power BI or Spotfire experience is highly preferred
• Ability to plan/manage multiple priorities while committed to deadlines in a demanding environment
• Works well in a team environment

What Would Be Nice

• Master’s degree in a quantitative field
• Working knowledge of credit, market, and operational risk
• Fluency in Python and SQL with experience in other programming and supporting languages (R, javascript, C#, html, css, etc)
• Experience working with APIs.

Clearway will not sponsor nonimmigrant visas for this position (H-1B, TN, E-3, etc.).

The pay rate for the successful candidate will depend on geographic location, skills, relevant and demonstrated experience, education, training and certifications, and other factors permitted by law. This role is eligible to earn an annual cash bonus, subject to personal and company performance goals.

Salary Range Across all U.S. Locations

$135,000 - $165,000 USD

Clearway Energy Group is leading the transition to a world powered by clean energy. Along with our public affiliate Clearway Energy, Inc., our portfolio comprises approximately 11.6 GW of gross generating capacity in 26 states, including 9.1 GW of wind, solar, and battery energy storage assets, and over 2.5 GW of conventional dispatchable power generation providing critical grid reliability services. As we develop a nationwide pipeline of new energy projects for the future, Clearway’s operating fleet generates enough reliable electricity to power more than 3 million homes today. Clearway Energy Group is headquartered in San Francisco with offices in Denver, Houston, Phoenix, Princeton, and San Diego. For more information, visit clearwayenergygroup.com.

Our Commitment to Diversity, Equity, & Inclusion At Clearway, we create a community that isn’t about being the same – it’s about building a team of unique individuals, with different backgrounds & skill sets, coming together to build something big & make a difference in the world. Clearway’s team is dedicated to a clean energy future across a wide spectrum of roles & responsibilities. Embodying our company values and operating principles, unique individuals come together over a common mission. We embrace opportunities to do challenging work that can change the world. We aspire to bring out the best in everyone. We share setbacks, celebrate successes, & act with integrity & accountability to get the job done.

Working at Clearway, Hybrid Together Here at Clearway, we’re committed to balancing flexibility while fostering strong relationships with our teammates. We do this by prioritizing new hires based near one of our offices in San Francisco, San Diego, Scottsdale, Houston, Denver, & Princeton. Our office-based employees typically work together from fabulous spaces on Tuesdays & Thursdays to collaborate & learn, build community, get to know one another, & enjoy company-provided meals & events.

Clearway Energy is an equal opportunity employer that values a broad diversity of talent, knowledge, experience & expertise. We intentionally foster a culture of inclusion that empowers our employees to deliver superior performance to the communities we serve. We encourage minorities, women, individuals with disabilities & protected veterans to join the team. Clearway is a proud promoter of employment opportunities to our Military & Veterans.

What We Provide Clearway offers all eligible employees working 20+ hours per week a comprehensive menu of benefits: generous PTO, medical, dental & vision care, HSAs with company contributions, health FSAs, dependent daycare FSAs, commuter benefits, relocation, & a 401(k) plan with employer match, a variety of life & accident insurances, fertility programs, adoption assistance, generous parental leave, tuition reimbursement, & benefits for employees in same-sex marriages, civil unions & domestic partnerships. For more on Clearway benefits, visit our Benefits Website.

Notice to Applicants Clearway Energy is strongly committed to a philosophy of equal opportunity and fully complies with equal employment laws, ordinances and regulations for all applicants and employees. We will make reasonable accommodations to enable individuals with disabilities to apply and compete for employment opportunities for which they are qualified. If you need a reasonable accommodation because of a disability for any part of the employment process, please send an e-mail to [email protected] and let us know the nature of your request and your contact information.