Legal Counsel, Energy Trading

 

RWE Trading Americas Inc.,  New York

 

 

To start as soon as possible, full time / part time, permanent

 

Functional area: Legal / Compliance 

 

Your future plans
RWE Trading Americas Inc. ("RWETA") is a dynamic energy trading company based in the heart of New York City. As a wholly owned subsidiary of RWE Supply & Trading GmbH, the globally active commercial hub of international renewable energy company RWE AG, RWETA boasts an extensive cross-commodity trading and origination mandate and access to world class energy trading infrastructure and expertise. 
The energy transition continues to disrupt regional commodity markets and with the Americas being a core growth region for the RWE group, RWETA has ambitious expansion plans and seeks highly motivated and experienced professionals to join the NYC-based team. 
This is a unique career opportunity to play a key role in the formation of a trading and origination business in a market of strategic importance to a long established, and highly respected international energy trading company that has physical and financial energy markets in its DNA.

 

Your role

• As the Legal Counsel Commercialization Law you will play a pivotal role in the setup and day-to-day operations of RWETA’s new ‘Americas Trading and Origination’ business;
• Your duties as the primary legal point of contact within RWETA will span the full gambit of topics relevant to facilitating the trading of physically and financially settled commodity transactions in North America. Your initial focus will be related to power and natural gas markets in the Northeast U.S., but coverage will quickly expand to encapsulate a broad suite of tradeable instruments across multiple deregulated North American wholesale energy markets; 
• You will support the establishment of appropriate licenses, policies and procedures necessary to meet all regulatory & compliance requirements for RWETA’s business activities, as well as the ongoing monitoring of such requirements and ensuring stringent compliance with all applicable laws, regulations and RWE group internal policies and principles;
• You will maintain, through close liaison with legal colleagues throughout the RWE group, full awareness of any potential legal implications or conflicts arising from RWETA’s actual or proposed business activities, consulting with the relevant stakeholders where appropriate. 
• Your activities will require a consistent interface with cross-functional senior management both within RWETA and globally across the wider RWE organization. You will also foster and manage relationships with external legal counsel and other industry contacts or regulators as appropriate and required.
• Being based in New York City, you will be a core team member of the dynamic NYC-based team of dedicated commercial and business support experts. You’ll report into the General Counsel of RWETA. 

Your powerful skills

• You graduated in law, are licensed to practice law in New York or one of the other U.S. jurisdictions and have substantial relevant experience, working either as outside counsel or inhouse within a comparable trading organization;
• You have specific experience in the energy sector (5+ years), having had exposure to the legal structuring of both physical and financial transactions in power and natural gas traded instruments (via exchange and OTC);
• Preferably you have expert understanding and experience negotiating trade agreements including ISDAs, EEIs and NAESBs, as well as with the regulatory frameworks of FERC and the CFTC;
• You are used to advising stakeholders on eye-level, do not shy away from conflict and are confident to defend your position also when challenged;
• You have exceptional communication skills and proven collaborative, relationship management skills.
• You are self-motivated, pragmatic, and confident working independently and effectively managing a broad range of complex tasks in a fast-paced environment;. 
• You are excited to work in a role requiring daily in-person collaboration with your colleagues on our state-of-the-art trading floor in central Manhattan. 
• What we value most is passion, willingness to learn and a determined and resilient work ethic. So, even if you think you do not yet display all of the skills above we would still like to hear from you.
• Further we welcome applications from individuals who may not be able to commit to full-time roles. At RWEST, finding the right person for the job is our top priority, and we are willing to explore flexible arrangements.

 

Our offer 

• We offer an environment where working is meaningful, respected and supported. There are also a few things more that you will experience:
• RWE Supply & Trading is a l