Requisition ID: 82420
NextEra Energy Marketing is one of the nation’s leading electricity and natural gas marketers. We are responsible for electricity and fuel management for all of NextEra Energy Resources’ generation fleet, which includes the largest renewable energy portfolio in North America. We also provide marketing and trading services to electric and gas utilities, municipalities, cooperatives and other load-serving entities, as well as to owners of electric generation facilities. Are you interested in customizing power and gas solutions to meet each client’s needs? Join our world-class team today!
Position Specific Description
Support the compliance team and Director Trade Compliance with the coordination of all of NEER’s SOX, CFTC, FERC (or other regulatory agencies as required) compliance activities, both internally and externally, as needed. The mission of the role is to assist the Business Unit in ensuring compliance with all applicable SOX, CFTC and FERC requirements by working directly with NEER Business Units to implement and maintain a sustainable culture of compliance.
Responsibilities include, but are not limited to:
Help to implement, oversee and edit policies, procedures, processes and controls to ensure compliance with all applicable regulations including training and educating business unit employees Assist Business Unit with management all aspects of SOX compliance – narrative understanding and editing, documentation of controls, participation and support of testing, meeting with internal and external audit, review of possible deficiencies, IT remediation, etc. Monitor trading activity, business unit processes and procedures, and required reporting obligations to ensure compliance with FERC and/or CFTC regulations by analyzing data, building/modifying reports, and/or running queries (this includes monitoring and tracking trading exceptions to our policies) Liaise with NEE General Counsel, NEE Internal Audit, our external audit partners, NEE Corporate Responsibility Office (CRO), Federal Regulatory Affairs (FRA), other Trading Risk Management groups and commercial groups Develop and/or execute processes that ultimately review trade and communications data for activity that may appear manipulative in nature and be able to assess when to escalate suspicious behavior (Anti-Market Manipulation) Prepare annual compliance reports required by internal management or any of the business units’ regulatory agencies Help with applicable CFTC risk assessments, rule impact analysis, testing controls, etc. Assist in gathering and analyzing compliance metrics and reporting to senior management As needed, work with IT to provide guidance on required enhancements to system functionality, assist in testing compliance functionality, prioritization of tasks, and ensure projects are delivered on time to adhere to compliance deadlines. This may include doing deep dives into Power BI report building, SQL and Power Automate. Keep Director and VP within Trading Risk Management apprised of all efforts supporting above areas Complete ad hoc projects as assigned Job OverviewThis position is responsible for ensuring the energy marketing functions are operating in a controlled environment and within established risk management limits. Employees in this role review daily trading position exposures, including time and location spreads, cross commodity arbitrage, options and hedging activity against approved limits. This position works with the Front Office and Risk teams to understand new and existing trading strategies for risk review and reporting and ensures correct application of pricing methodologies.
Job Duties & Responsibilities Conducts daily transaction exposure analysis and review including troubleshooting and investigation of Profit and Loss and Value at Risk movements Ensures accuracy of pricing data within the Risk systems on a daily, monthly and quarterly basis Performs daily deal verification procedures and independent price verification at regular intervals Coordinates with the Systems team to complete new pricing requests and enhance processes and reporting tools Communicates price disclosures to appropriate parties Completes quarter end and SOX related processes Works with origination and other front office groups to interpret valuations, respond to trader requests, and evaluate structured transactions Prepares presentations for management to explain and review risks and trading strategies Supports medium and long term projects within the group aimed at increasing efficiencies and coverage of the controls Performs other job-related duties as assigned Required Qualifications High School Grad / GED Bachelor's or Equivalent Experience Experience: 2+ years Preferred Qualifications None
NextEra Energy offers a wide range of benefits to support our employees and their eligible family members. Click here to learn more.
Employee Group: Exempt
Employee Type: Full Time
Job Category: Energy Trading
Organization: NextEra Energy Marketing, LLC
Relocation Provided: Yes, if applicable
NextEra Energy is an Equal Opportunity Employer. Qualified applicants are considered for employment without regard to race, color, age, national origin, religion, marital status, sex, sexual orientation, gender identity, gender expression, genetics, disability, protected veteran status or any other basis prohibited by law. We are committed to a diverse and inclusive workplace.
NextEra Energy provides reasonable accommodation in its application and selection process for qualified individuals, including accommodations related to compliance with conditional job offer requirements, consistent with federal, state, and local laws. Supporting medical or religious documentation will be required where applicable and permitted by applicable law. To request a reasonable accommodation, please send an e-mail to recruiting-coordinator.sharedmailbox@nexteraenergy.com, providing your name, telephone number and the best time for us to reach you. Alternatively, you may call 1-844-694-4748. Please do not use this line to inquire about your application status.
NextEra Energy will not discharge or in any other manner discriminate against employees or applicants because they have inquired about, discussed, or disclosed their own pay or the pay of another employee or applicant. However, employees who have access to the compensation information of other employees or applicants as a part of their essential job functions cannot disclose the pay of other employees or applicants to individuals who do not otherwise have access to compensation information, unless the disclosure is (a) in response to a formal complaint or charge, (b) in furtherance of an investigation, proceeding, hearing, or action, including an investigation conducted by the employer, or (c) consistent with the contractor’s legal duty to furnish information.
NextEra Energy does not accept any unsolicited resumes or referrals from any third-party recruiting firms or agencies. Please see our policy for more information.