Origination Manager

Habitat Energy•Austin, TX

1d•Hybrid

About The Position

Habitat Energy is a fast-growing technology company focused on the physical and financial optimization of energy storage and renewable generation assets globally through complex models and trading. By maximizing the returns from these assets, we aim to drive investment in renewable energy and accelerate the transition to a low-carbon world. Our rapidly growing team of 130+ people in Austin, TX, Oxford, UK, and Melbourne, Australia brings together exceptionally talented and passionate people in the domains of energy trading, data science, software engineering, and renewable energy management. We have a vacancy for an Origination Manager to join our US team based in Austin, Texas, reporting to our Director of Origination. This is a senior individual contributor role with responsibility for business development and origination across our core optimization services as well as adjacent products in risk management and structured products. You will play a key role in shaping Habitat's commercial strategy in the US, from refining our pitch and value proposition, to supporting the development of new offerings, to laying the commercial groundwork for expansion into new markets. ERCOT will be your primary focus, with named expansion priorities including PJM, MISO, CAISO and NYISO. Habitat prides itself in offering best-in-class optimization capability to owners of battery storage and renewables, so you'll need an in-depth knowledge of ERCOT power markets and related technical topics, as well as great interpersonal and communication skills.

Requirements

5+ years of energy market experience across business development, origination, energy trading, commodity markets, transaction support, consulting, asset management, or energy market modeling
In-depth knowledge of ERCOT power markets; familiarity with other US ISOs (PJM, MISO, CAISO, NYISO) a strong plus
Comfortable getting into detail on highly technical quantitative topics
Excellent people skills, including the ability to establish and maintain strong relationships with clients and internal team
Appreciation of the finer points of verbal and written communications, strong attention to detail
Self motivated with the ability to take initiative, juggle multiple client priorities and solve difficult problems with a positive 'can do' attitude
Comfort working in a non-hierarchical team environment working towards a shared goal
A degree in business, economics, finance, computer science, engineering or related technical field

Nice To Haves

Network of relationships within the US power markets, preferably IPPs, developers and/or energy-focused investment banking/private equity
Experience in energy storage and/or renewables optimisation
Experience originating and structuring risk management and structured products such as tolls, revenue floors, and hedging partnerships
Experience supporting new market entry or commercial strategy development for expansion into new ISOs
Experience developing and/or running analytical/technical pricing models
Experience performing economic or project financial evaluations
Graduate degree in business/STEM fields

Responsibilities

Owning origination activity across the full client acquisition lifecycle, including sourcing leads, delivering pitches, running demonstrations, responding to RFPs, developing proposals, modeling scenarios, negotiating commercial terms, and managing deals to close
Generating awareness and building the Habitat Energy brand through networking, developing sales and marketing materials, and cultivating outbound and inbound opportunities
Understanding prospective clients' needs and developing solutions that add value and match their problems and requirements
Contributing to the refinement of Habitat's commercial strategy, pitch and positioning across both storage and renewables optimization use cases
Supporting the buildout of Habitat's DART optimization offering and renewables optimization capabilities, both core to growth in ERCOT and to expansion into other US markets
Supporting the development and commercialization of new products and offerings in partnership with our trading, product, and analytics teams
Originating and structuring risk management and structured products, engaging with balance sheet providers, tolling offtakers, and developers to advance hedging partnerships and structured deal opportunities
Supporting Habitat's expansion into new US markets, including developing the commercial case, building relationships, and laying the BD groundwork for entry into markets such as PJM, MISO, CAISO and NYISO
Managing and supporting client relationships from onboarding through go-live and beyond, including developing retention strategies
Supporting advisory services by qualifying opportunities, developing proposals, and managing delivery and follow-up