Senior Manager, Energy Management

The role

The Senior Manager, Energy Management will lead a team responsible for managing market and volumetric risk within a portfolio of utility-scale assets. This role involves executing market positions, hedging activity, and performing fundamental analysis to optimize energy management.

What you will do

• Lead the Energy Management team’s execution of asset hedging and optimization activity.
• Manage market portfolio exposure in compliance with trading policies.
• Engage with QSEs and trading platforms to execute transactions.
• Execute Capacity, Resource Adequacy, and transmission hedging strategies.
• Execute gas trading strategies to mitigate risk for conventional assets.
• Execute alternative hedge structures and structured products.
• Lead commercial efforts to restructure contractual agreements.
• Lead efforts to integrate battery storage optimization.
• Monitor near-term energy market fundamentals.
• Perform project evaluations and due diligence for M&A and investments.

Required qualifications

• Bachelor’s degree in Finance, Business, Economics, or a related quantitative field
• 7+ years of energy industry experience in portfolio optimization, energy risk mitigation, energy hedging and trading, contract administration, project finance, or other commercial engagements
• Expert understanding of power markets, including forwards, futures, swaps, and options
• Direct experience in valuing and transacting Resource Adequacy and Capacity products
• Direct experience in valuing and transacting electricity futures products bilaterally or on an organized exchange
• Direct experience in valuing and transacting transmission hedging products
• Direct experience with ISDAs, credit support annexes, and other enabling agreements
• Direct experience working with variable generators, batteries, and natural gas plants
• Strong business and financial savvy
• Highly proficient in developing sophisticated models to analyze and identify energy market risk
• Excellent written and verbal communication skills
• High proficiency in Microsoft Word, Excel, and PowerPoint

Nice to have

• MBA or MS in a related field
• Experience with Energy Trading Risk Management (ETRM) systems
• Experience across multiple ISOs
• Proficiency with programming or analytical tools such as Python, R, or SQL

Benefits

• Generous PTO
• Medical, dental & vision care
• HSAs with company contributions
• Health FSAs
• Dependent daycare FSAs
• Commuter benefits
• Relocation
• 401(k) plan with employer match
• Variety of life & accident insurances
• Fertility programs
• Adoption assistance
• Generous parental leave

Before you apply

• No visa sponsorship or any kind of sponsorship for employment authorization is available for this role, now or in the future

About the company

Clearway Energy Group is leading the transition to a world powered by clean energy. Its portfolio comprises approximately 11.6 GW of gross generating capacity in 26 states.