Analyst/Associate, Energy Marketing & Trading

LS Power Development • New York, NY

1d • $100,000 - $125,000

About The Position

A leading asset operator, investor, and developer focused on the energy markets in the United States. The successful candidate will be responsible for providing support for various acquisition and divestiture efforts, primarily through the support of asset market and trading activities, analysis of and certifications related to hedging and trading opportunities. The ideal candidate will have a strong understanding of the fragmented power markets across the United States, sound knowledge of trading products, analytical and programming capability and structuring expertise.

Requirements

• Hold a Bachelor’s Degree.
• Have a minimum of three years of trading, structuring, and/or analytical support experience within the power industry.
• Have analytic, modeling, and fundamental research skills including demonstrated capability utilizing programming languages (writing, reading and editing code).
• Possess working knowledge of various trade capture and programming systems.
• Have excellent written and oral communication skills.
• Are able to work on a number of simultaneous projects with minimal supervision and exemplary follow-through.

Responsibilities

• Perform market analysis to determine short and long term trading opportunities in the commodity markets (Power, FTRs, emissions, RECs,natural gas, oil, coal, natural gas basis, power basis).
• Directly oversee third parties who are leading the day-to-day commercial strategies for generating facilities (bidding, procuring fuel, outage coordination, etc).
• Utilize industry fundamental and technical analysis to research market dynamics and assess trade and hedge positions.
• Monitor market, industry, product and pricing trends.
• Assist with structuring and negotiating documentation to put trades into place.
• Provide asset valuation support for company’s acquisition and development activity.
• Assist acquisition efforts in assessing and underwriring revenue streams for target power generation facilities.
• Participate with the acquisition and development team to evaluate strategic hedging alternatives.
• Develop power generation hedging strategies across market regions to maximize profitability and minimize margin volatility. Hedging would focus on the gross margin value streams such as power, ancillaries, and capacity.
• Formulate risk management and trading strategies.
• Ensure compliance with strategic objectives and existing risk controls.
• Apply statistical and econometric analysis to raw Power and Gas data sets to form robust conclusions with predictive value.

Benefits

• We provide our team the opportunity to share their unique perspectives, solve new challenges, and continue in their career growth.
• We are committed to supporting employees’ happiness, healthiness, and overall well-being by providing comprehensive benefits that include 100% employer paid premium healthcare, paid parental leave and more.

What This Job Offers

• Job Type: Full-time
• Career Level: Entry Level