Optimus

Sr Asset Manager / Trader

Optimus - Houston, TX, United States

A key Optimus power generation client located in downtown Houston needs a Sr. Commercial Asset Manager/Trader with a Northeast focus, to support optimization of their physical power generation asset portfolio.

Qualified candidates please send your resume to Jennifer.Hibbetts@optimus-us.com.

Essential Functions

  • 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.
  • 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.

Requirements

  • Bachelor's degree in Finance, Business, Economics, Engineering, Mathematics, Science or other quantitative field (Masters preferred)
  • Database expertise (proficiency in Excel).
  • Prior experience working with conventional or renewable generation assets in a commercial operations/asset trading role.
  • Knowledge of US natural gas, electric, and emissions markets, including supply and demand, market structure, and regulatory fundamentals.
  • Understand power and gas market nuances that impact individual generation assets and the overall general portfolio.
  • Manage the PnL of conventional or renewable generation assets in a commercial operations/asset trading role.
  • Strong understanding and knowledge of PJM (preferred), but ISO-NE, NYISO, MISO also valuable.
  • Experience with power trading, power generation, hedge strategy development for natural gas-fired generation assets, and natural gas markets
  • Proficient knowledge of commodity risk management analysis. Proficient knowledge of commodity risk management analysis.
  • Entrepreneurial spirit and ability to get things done under pressure.
  • Desire to work in team-oriented culture.
  • Ability to get things done under the pressure of multiple deadlines.
  • Business Acumen.
  • Strong Verbal and Written communication skills.
  • Ethical Conduct.
  • Discretion and Confidentiality. Proficient knowledge of commodity risk management analysis.
  • Skills in data analysis, advanced Excel, VBA, PowerPoint, and SQL. Experience with Python, R, MATLAB, C/C#/C++, or JAVA is a plus.

Per our client's specifications, candidates are required to be US Citizens, Green Card holders, or independently authorized to work in the US . We are unable to provide H1 visa sponsorship at this time.





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