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Job Summary:
The Senior Portfolio Manager will manage all aspects of the Regulated Power portfolio whileoperatingin compliance with the AUC-approved Energy Price Setting Plan (EPSP). This role willprocureand trade electricity in the Alberta Power Markets for the purposes of portfolio optimization and risk mitigation.
This role is a key contributor in the development and implementation of the EPSP working with internal and external stakeholders to achieve those ends.
The individual will be a part of the Strategic Initiatives team and will beclosely integratedwith the Regulated Go-To-Market team the Government & Regulatory Affairs group and the Business Planning & Performance team.
Essential Duties/Responsibilities:
Design and Implementation of the Energy Price Setting Plan
Be a key participant in the planning development and implementation of the EPSP.
Develop andmaintainpricing and financial models supporting regulated rates.
Support regulatory proceedings including AUC testimony engagement with intervenors and preparation of MSA financial assessments.
Ensure ongoing compliance with the EPSP and the the Rate of Last Resort (ROLR) Regulation throughout its term.
Portfolio Management
Own the performance and day-to-day management of the regulated power portfolio.
Identifyand manage financial and market risks inherent to Albertas retail electricity market.
Design and execute EPSP- and corporate-compliant hedging and risk mitigation strategies.
Procure and trade electricity to meet forecasted regulated customer demand.
Execute transactions across Alberta wholesale markets using electronic platforms OTC trades bilateral counterparties and RFP processes.
Monitor Alberta power fundamentals market developments and emerging trends.
Be able to maketimelydecisions for effective portfolio management.
Financial Reporting & Forecasting
Consolidatehourly pricing and volume data to track settled energy revenues costs and P&L.
Develop future P&L projections and budgets using forward market prices volume forecasts and cost estimates.
Buildmaintain and improve demand forecasting models.
Analyze near- and long-term electricity-demand drivers using large data sets and quantitative models.
MinimumRequirements:
Bachelors degree in Economics Finance Mathematics Electrical Engineering Computer Science or a related quantitative discipline.
1025 years of progressive experience in energy markets.
Deep knowledge of Alberta power markets and trading fundamentals.
Strong financial acumen including profit & loss management and income statements.
Demonstrated experience as a power trader or portfolio manager.
Core Competencies and Leadership Attributes:
Strategic and analytical thinker with a strong execution mindset.
Highlevelofjudgment accountability and comfortoperatingin dynamic environments.
Ability to work independently with minimal direction.
Strong stakeholder management and influencing skills.
Exceptional written and verbal communication skills; able to explain complex concepts clearly.
Credibility and experience to act as an expert witness in regulatory proceedings.
Superior analytical and problem-solving skills.
Working Conditions:
Full-time preferred (part-time may be considered).
Remote or hybrid workarrangement.
Open officeenvironment whenon-site.
Occasional travel may berequired.
NRG Energy is committed to providing broad access to employment opportunities for diverse job seekers and to ensuring our workforce represents the diverse communities we serve. We abide by human rights legislation and accommodate applicants and employees in accordance with applicable law.
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DEML employs individuals in the Provinces of Alberta Ontario British Columbia and Saskatchewan. We regret that we will be unable to hire you for this role if your regular remote work location is not within one of these listed provinces. Please reach out to if you have any questions.
Required Experience:
Manager
Employment Type : Full Time
Experience: years
Vacancy: 1