Sr. Power Trading Analyst

Requisition ID:  82887 

 

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

This position will support generation and load business managers in hedging electric price congestion exposure primarily via FTR auctions in various markets including ERCOT, PJM, SPP, MISO, NYISO and CAISO. This position will also support auction revenue rights (ARR) value maximization analysis and strategies. This role involves identifying fundamental drivers of grid congestion, such as outages and system topography changes, and applying that knowledge to predict impacts on future congestion pricing. Responsibilities include developing quantitative tools to inform FTR auction bidding strategies and coordinating with business management, forward traders, accounting and operations team to execute those strategies.

Job Overview

This position is responsible for supporting structured transactions in the energy marketing group through the development of sophisticated models. Employees in this role lead the development of pricing models, identify arbitrage relationships and develop trading strategies.

Job Duties & Responsibilities

• Leads the implementation of models into the existing trade floor pricing and risk management infrastructure
• Monitors daily Value at Risk, position, and other risk-related measures
• Develops sophisticated models in support of structured transactions
• Formulates and maintains daily forward curves and/or volatility surfaces
• Provides management with daily Profit and Loss and pricing information
• Supports the development and execution of the company's trading program
• Assists in preparing presentations
• Performs other job-related duties as assigned

Required Qualifications

• High School Grad / GED
• Bachelor's or Equivalent Experience
• Experience: 5+ 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