Sr. Commercial Asset Manager

 

ContourGlobal, a KKR Company, led by CEO Antonio Cammisecra, is an established Independent Power Producer (IPP) developing, acquiring, and operating electricity generation and storage assets worldwide. The company currently manages 5.3 GW of installed capacity across different power generation technologies and asset categories, with an additional 1 GW of renewables under construction and a further 9.8 GW under development. 

The operational footprint of the company extends to 18 countries across Europe, Africa, Asia, North and South America. The company has committed to speed up the decarbonization of its portfolio with a sustainable transition of its thermal fleet, the repowering of existing renewable assets and the organic development of new renewable projects. ContourGlobal boasts 20 years of a strong collaboration with communities, institutions, and customers that benefit from its electricity supply through long-term contracts or innovative PPAs, coupled with energy management solutions.

Position overview:

 

The Sr. Commercial Asset Manager, will facilitate the company’s energy trading, scheduling, and market operations for both conventional gas-fired and renewable power generation assets. This role is responsible for managing trading strategies, power purchase agreements (PPAs), fuel procurement, and real-time dispatch activities in wholesale power and gas markets. This individual will drive commercial initiatives that enhance profitability, optimize asset performance, and align with risk management objectives for a defined portfolio of assets.

 

Key responsibilities:

 

Short Term Energy Trading and Market Operations:

• Oversee the development and execution of commercial trading and/or bidding strategies, within the company’s risk management framework, for management and optimization of the US short term commodity and asset backed positions.
• Lead all energy trading activities, including the buying and selling of power and gas, hedging strategies, and market operations in the US wholesale energy markets.
• Coordinate and manage third party Energy Managers to schedule, bid, and dispatch power generation assets across day-ahead, within-day, and real-time markets, ensuring optimized performance of both conventional and renewable assets, while maintaining full compliance with ISO/RTO rules.

 

Power and Gas Hedging:

• Assist in the development and provide the ongoing management of the company's hedging strategies for power and gas exposure, ensuring alignment with portfolio risk management goals.
• Assist with the implementation of tools and processes for executing financial and physical hedging instruments to protect against market volatility and price risks.

 

Other Support Functions:

• Work with Origination, Business Development, and M&A on ad hoc due diligence or other structured transaction work streams.
• Collaborate with Project level O&M and Finance Teams to optimize the position, while effectively managing Operations and Finance risks.
• Coordinate with the Middle Office to monitor and evaluate the performance of hedging strategies, ensuring they are effectively mitigating risk while maximizing profitability.
• Collaborate closely with the Middle Office to ensure that contracts and deals are structured in accordance with the company’s risk tolerance, market outlook, and regulatory requirements.
• Stay abreast of market developments, competitor activity, and regulatory changes to guide commercial decision-making and contract negotiation strategies.

 

Fuel Procurement and Management:

• Drive the implementation and management of fuel and gas procurement strategy, including fuel purchase agreements, transportation contracts, and storage optimization.
• Oversee fuel procurement operations, including managing supplier relationships, negotiating fuel contracts, and optimizing transportation and storage logistics.

 

Stakeholder Engagement and Relationship Management:

• Monitor and generate regularly scheduled reports on key performance indicators to all key Stakeholder. Be able to effectively communicate written and verbal commercial impacts to portfolio performance.
• Build and maintain relationships with key external stakeholders, including ISO/RTO market operators, fuel suppliers, utilities, energy buyers, regulators, and service providers.
• Collaborate with the Legal, Finance, and Operations Teams to ensure all contractual obligations and market participation requirements are met.

 

Qualifications

• Bachelor’s degree in business, Finance, Engineering, Economics,