Origination Analyst

NRG Energy, Inc.•Houston, TX

56d

About The Position

As an NRG employee, we encourage you to take charge of your career and development journey. We invite you to explore exciting opportunities across our businesses. You'll find that our dynamic work environment provides variety and challenge. Your growth is key to our ongoing success-take the lead in shaping your career development, goals and future! Job Summary The Origination Analyst is a key member of the Wholesale Origination team, responsible for supporting the development and execution of energy transactions. This role involves in-depth market analysis, financial modeling, and the creation of proposals for potential clients and counterparties. The ideal candidate will possess a strong analytical skillset, a foundational understanding of energy markets (power, natural gas, renewables, etc.), and excellent communication skills to collaborate with internal teams and external stakeholders.

Requirements

Bachelor's degree in Finance, Economics, Engineering, Mathematics, or a related quantitative field.
1-3 years of experience in energy, finance, or a highly analytical role. Experience in a trading or origination environment is highly preferred.
Strong proficiency in financial modeling and valuation techniques.
Advanced knowledge of Microsoft Excel is essential. Experience with Python, R, or other programming languages for data analysis is a significant advantage.
Solid understanding of North American energy markets (e.g., ISOs/RTOs like PJM, ERCOT, CAISO) and their fundamental drivers.
Excellent analytical, problem-solving, and critical-thinking skills.
Exceptional written and verbal communication abilities.
Proven ability to manage multiple projects and priorities in a fast-paced, deadline-driven environment.

Nice To Haves

A Master's degree or professional certifications (e.g., CFA) is a plus.
Experience with Python, R, or other programming languages for data analysis is a significant advantage.
Experience in a trading or origination environment is highly preferred.

Responsibilities

Market Analysis: Monitor and analyze real-time and long-term trends in energy markets, including power prices, natural gas fundamentals, renewable energy credit (REC) values, and regulatory changes.
Research and identify new business opportunities, potential clients, and market inefficiencies.
Prepare detailed market reports and presentations to inform origination strategy.
Financial Modeling and Valuation: Build and maintain complex financial models to evaluate the profitability and risk of potential transactions (e.g., power purchase agreements, tolling agreements, structured deals).
Perform discounted cash flow (DCF) analysis, net present value (NPV) calculations, and scenario analysis to assess deal value.
Collaborate with trading, risk management, and finance teams to ensure accurate valuation and risk assessment.
Deal Support and Proposal Development: Assist in the preparation of proposals, term sheets, and presentations for clients and internal stakeholders.
Draft and review transaction documents, ensuring accuracy and alignment with approved deal terms.
Support senior originators in the negotiation process by providing data-driven insights and analysis.
Collaboration and Communication: Work closely with cross-functional teams, including trading, risk management, legal, credit, and asset management, to facilitate the deal lifecycle from initial concept to final execution.
Serve as a point of contact for external counterparties and clients as needed, building and maintaining professional relationships.
Reporting and Administration: Track and report on the origination pipeline, deal status, and market activities.
Maintain accurate and up-to-date records of all transactions and market information in relevant systems (ie. Salesforce)