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 Overview
As a Power Trading Associate, you will be a member of the team that is responsible for optimizing returns on transactions for Invenergy’s fleet of Renewable and Natural Gas assets in the United States and Canada, ensuring that transactions maximize gross margins within pre-defined risk limits, and actively seek opportunities to minimize credit exposure and reduce transaction costs.
Responsibilities
Support trading activities with the risk management, financial reporting, asset management and settlements functions. Support trading floor operations, including but not limited to, transaction execution, energy scheduling, support of the development of analytical tools, support of after-the-fact analysis and translate those results. Support the origination and execution of mid-marketing transactions for structured hedges, involvement in negotiations of enabling agreements such as ISDA, NAESB, and EEI.Provide accurate reporting of hedges that adhere to constraints of the assets’ project finance structures, including the use of swaps, options, FTRs/CRRs, basis trades, REC trades and other structured products.Interface with external customers, partners, and brokers. Internally this position will interact with teams such as commercial transactions, trading, asset management, risk, and accounting.Minimum Qualifications:
Bachelor’s Degree in Engineering, Science, Economics, Math, Business, or a related field. 3+ years of relevant experience.Proficiency with MS Office, specifically with Excel.Eligible to work in the United States without the need for employer visa sponsorship now or in the future.Preferred Qualifications:
Knowledge of energy markets: ERCOT, PJM, SPP, NYISO, and MISO - other industries good (likes commodity, financial markets)Understanding of renewable generation and how it interacts with RTOs, Transmission Owners, and Balancing Authorities.Experience with ETRM systems (i.e. Allegro, Adapt2)Experience working with basic programming, data or workflow tools (i.e. PowerBI, SQL, Python)Strong asset and transaction modeling skills.Strong organizational and analytical skills.Outstanding written and verbal communication skill.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.