Wholesale Originator

NRG Energy
California, US
$169.8K-$305.8K a year
Full-time

Essential Duties / Responsibilities

  • Originate, structure and negotiate power transactions in CAISO / WECC that support Commercial Operations and the C&I Sales Team.
  • Work with internal groups (including Sales, Legal, Risk, Costing, Structuring, Trading, and others) to manage all issues surrounding retail deals and help facilitate and close transactions.
  • Understand and be willing to explain market fundamentals and dynamics to audiences with varying levels of energy related knowledge
  • Lead sponsor in selling the strategic rationale and deal economics for structured transactions (i.e. coordination with West Trading Desk, Structuring Team, Legal, and Credit in developing deal summary for management review).
  • Co-develop and support long term growth strategy for the NRG portfolio in coordination with Business, Commercial Operations, and other key groups across the organization.

Minimum Requirements

  • Minimum of 5 years of power marketing or power trading experience is required
  • Bachelor’s degree from an accredited college or university is required
  • Advanced knowledge of the electric utility industry, electric energy markets, and market fundamentals, (especially in CAISO / WECC) is required
  • Advanced knowledge of customers and customer segments (Utilities, IPPs, developers) is required
  • Advanced knowledge of options, basis risk, hedging, losses, congestion, demand management, and other power marketing concepts is required.
  • Strong commercial skills and proven hunter that identifies and closes large wholesale power transactions.

Working Conditions

  • Evening and weekend work, while not the norm, may be required as business needs dictate
  • Up to 25% travel requirement to establish and maintain customer business

Additional Knowledge, Skills and Abilities

  • Ability to work with customers and people at all levels of the organization
  • Strong team player with ability to take initiative and work independently
  • Flexibility and ability to manage multiple tasks and deadlines
  • Effective verbal and written communication skills
  • Ability to multi-task, prioritize and adhere to deadlines while maintaining attention to detail
  • Must be a creative thinker with strong investigative and analytical skills

The salary range for this role is $169,840-$305,760. Pay is based on several factors, including but not limited to education, work experience, certifications, etc.

30+ days ago
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