Power Structurer

ConocoPhillips • Houston, TX

3d

About The Position

The Power Structurer plays a critical role in unlocking long‑term value from ConocoPhillips’ growing U.S. power portfolio. This position sits at the intersection of origination, trading, analytics, risk, and operations, translating commercial opportunities into well‑designed, executable, and risk‑aligned power transactions. Working within a lean, highly integrated commercial power team, the Power Structurer supports the development and execution of structured power deals across competitive U.S. markets. The role is purpose‑built to strengthen structuring, pricing, and risk assessment capabilities as portfolio complexity and origination activity continue to scale. This is not a back‑office modeling role. It is a front‑line commercial position offering meaningful exposure to real assets, real load, regulatory constraints, and live deal execution—within a collaborative, disciplined environment that prioritizes sustainable value creation.

Requirements

• Bachelor’s degree or higher in Finance, Economics, Mathematics, Engineering, Physics, or a related quantitative field, or foreign equivalent.
• 3 or more years of relevant experience in power structuring, trading analysis, origination support, quantitative analytics, or energy risk management.
• Knowledge of North American power markets and market fundamentals.
• Strong quantitative, analytical, and problem‑solving skills.
• Ability to communicate complex analysis clearly to both technical and non‑technical stakeholders.

Nice To Haves

• Advanced degree or progress toward professional certifications such as Chartered Financial Analyst (CFA) or Financial Risk Manager (FRM).
• Experience across competitive U.S. power markets such as the Electric Reliability Council of Texas (ERCOT), PJM Interconnection (PJM), California Independent System Operator (CAISO), or Midcontinent Independent System Operator (MISO).
• Programming experience in Python, R, C++, or similar analytical languages.
• Familiarity with structured power products, forward curves, volatility, and market risk drivers.
• A collaborative mindset and comfort working in tightly integrated commercial teams.
• The ability to connect quantitative analysis with commercial decision‑making.
• Discipline and attention to detail while operating in time‑sensitive environments.
• A long‑term perspective focused on building durable capability rather than short‑term transaction volume.
• Takes ownership of actions and follows through on commitments by holding others accountable and standing up for what's right.
• Listens actively and invites dialogue for exchanged views, then influences and acts to drive performance and achieve results.
• Builds strong relationships based on trust and seeks collaboration across organizational boundaries to achieve goals.

Responsibilities

• Supporting the design, structuring, and pricing of complex physical and financial power transactions, including power purchase and offtake agreements, tolling and heat‑rate‑based structures, load‑following and full‑requirements contracts, and virtual power purchase agreements (VPPAs).
• Translating commercial objectives into executable deal structures that align with portfolio strategy, operational constraints, and defined risk appetite.
• Contributing to the valuation of structured power transactions using fundamental and dispatch‑based models, scenario analysis, and sensitivity testing.
• Evaluating key risk drivers such as commodity price exposure, basis risk, shape risk, volumetric variability, and operational optionality.
• Incorporating market inputs including load profiles, renewable generation output, fuel curves, volatility, and weather assumptions into deal analysis.
• Partnering with Power Originators during early‑stage opportunity development to assess structural feasibility and pricing.
• Supporting Traders by ensuring structured transactions integrate effectively into portfolio positions and hedging frameworks.
• Collaborating with Operations and Scheduling teams to confirm transactions are executable within Independent System Operator (ISO) and Regional Transmission Organization (RTO) requirements.
• Developing and maintaining internal pricing tools, analytical models, and datasets using Python, Excel, VBA, or similar tools.
• Monitoring power market fundamentals such as supply and demand dynamics, transmission constraints, renewable penetration, and regulatory developments.
• Providing analytical insight that supports both transaction execution and broader portfolio optimization.
• Participating in end‑to-end deal execution, including term sheet review, risk approvals, and post‑trade monitoring.
• Coordinating with Risk Management and Legal teams to ensure compliance, documentation accuracy, and governance standards are met.
• Clearly communicating deal economics, assumptions, and risk exposure to support internal review and approval processes.

Benefits

• Health & Wellness: Medical, dental, vision, mental health support, and wellness programs.
• Financial Security: Competitive base pay, annual performance bonuses, and retirement savings plans.
• Work-Life Balance: Paid time off, paid parental leave, and family support resources.
• Career Development: Access to training, mentoring, and internal career mobility tools.
• Recognition & Inclusion: Peer-nominated awards, inclusive culture, and employee resource groups.

What This Job Offers

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