Power Market Desk Senior Manager

Company: Invenergy, LLC
Location: Chicago
Posted on: September 21, 2023

Job Description:

Power Market Desk Senior Manager page is loaded Power Market Desk Senior Manager Apply locations Chicago, IL time type Full time posted on Posted 30+ Days Ago job requisition id R06008 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. Job Description Position OverviewInvenergy LLC is one of the largest privately held Independent Power Producers and Renewable developers in the world. We operate in nearly every North American Power market with a mix of wind, solar, energy storage, and efficient natural gas burning power plants. Invenergy's Power Trading and Dispatch function also provides Energy Management services to 3rd party customers.Invenergy is seeking a Power Market Desk Senior Manager for one of its operating regions. -Responsibilities

• 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 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.
  • Minimum of eight (8) years' experience in the energy industry and at least four (4) years in a similar role
  • 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 automation and process improvement. -
  • 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.Preferred
    • Master's degree
    • SQL or Python
    • Fluency in Spanish Benefits Eligible for medical, dental, vision, 401(k), bonus, 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. About Us 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.
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Keywords: Invenergy, LLC, Chicago , Power Market Desk Senior Manager, Accounting, Auditing , Chicago, Illinois