Energy Origination & Hedging Manager

Lambda

5d•$233,000 - $365,000

About The Position

Lambda, The Superintelligence Cloud, is a leader in AI cloud infrastructure serving tens of thousands of customers. Our customers range from AI researchers to enterprises and hyperscalers. Lambda's mission is to make compute as ubiquitous as electricity and give everyone the power of superintelligence. One person, one GPU. If you'd like to build the world's best AI cloud, join us. Originator with analyst and hedging experience. This is one of the most critical hires on the team: the role bridges commercial deal-making, quantitative analysis, and energy risk management in support of Lambda's data center growth. For the right candidate with commodity risk experience, hedging analysis can become a core, ongoing responsibility rather than an occasional task.

Requirements

Meaningful experience in energy origination, commodity/power trading, or utility-scale power markets, with direct exposure to contract negotiation and deal execution.
Comfortable building and pressure-testing LCOE, NPV, and IRR models comparing competing power supply strategies.
Hands-on experience evaluating or executing power and gas hedges (swaps, options, NYMEX/OTC).
Able to negotiate directly with utilities and counterparties, and to translate complex risk and financial analysis for senior leadership.

Nice To Haves

Prior experience procuring or structuring power for data centers, hyperscale, or other large industrial/AI infrastructure loads.
Working familiarity with RTO/ISO markets (ERCOT, PJM, MISO, CAISO, SPP, etc.) and their tariff and settlement structures.
Exposure to project or asset financing where power costs and hedges are a driver of the financing structure (e.g., GPU or infrastructure financing).
Background at a utility, energy trading desk, IPP, data center developer, or commodity risk management group.
Prior experience holding commodity risk is a strong plus.
Experience in a data center context strongly preferred.

Responsibilities

Lead origination of PPAs, utility interconnection agreements, and energy supply contracts.
Develop LCOE and NPV/IRR analyses comparing utility, hybrid, and islanded power strategies to inform site and structure decisions.
Evaluate and execute power and fuel price hedges that directly de-risk and support GPU financing.
Work across fixed-price contracts, heat rate call options, financial swaps, basis swaps, and NYMEX and OTC gas to manage price exposure.
Model peak demand exposure and identify tariff, demand response, or BESS strategies to reduce cost.
Produce site-level energy cost forecasts at acquisition using tariff structures and market price curves.
Negotiate directly with utilities, Solaris, VoltaGrid, and fuel suppliers on commercial and technical terms.
Maintain working knowledge of RTO/ISO processes, tariff structures, state regulatory risk, and broader energy market dynamics.