Prin Structuring Analyst, Natural Gas

Constellation Energy Generation, LLC. • Hurstbourne Acres, KY

1d

About The Position

The Principal Structuring Analyst plays an integral role within the Portfolio Management and Strategy group. The principal analyst will be responsible for pricing and valuation of structured gas transactions including physical index, basis and fixed price products, as well as storage and transport related asset valuation transactions. Based on support being provided to C&I vs MM business lines, the principal analyst will lead the structuring and participation in Load Auctions for various LDCs, Government Aggregation load contracts, responding to RFPs for large Commercial and Industrial facilities, as well as supporting deal valuation and campaign pricing for SMB and Residential customers. A strong understanding of natural gas markets including LDC and Pipeline dynamics and related tariff structures, supply/demand fundamentals in constrained gas supply areas and ICE trading market dynamics is essential, along with an understanding of option theory and other statistical methods. To support the mass market business line a further in-depth understanding of the mass market tariff structures of various LDCs will be required, including asset release programs and associated capacity costs and supply cost optimization. The principal analyst will be expected to lead valuation of transactions across a wide geographical area spanning multiple Pipelines, States and Utilities across the United States. Knowledge of tariff structures of various pipelines and LDCs will be required along with excellent communication skills to collaborate with multiple Sales and Trading team members. The analyst must also effectively communicate recommendations based on complex analysis to a variety of audiences, including senior management.

Requirements

• Undergraduate degree in engineering, finance, economics, mathematics, science or equivalent experience.
• Eight years of experience in the energy industry
• Excellent interpersonal and communication skills
• Ability to apply strong analytical and valuation skills to price complex products
• Ability to prioritize, communicate and perform under time constraints and work with variety of stakeholders

Nice To Haves

• Master's degree or MBA in finance, economics, energy or related field
• Trading experience for Physical Basis and Index products for Natural Gas
• Energy Risk and Transaction Booking Experience

Responsibilities

• Understanding of Natural Gas Pipeline dynamics, ICE traded market dynamics, LDC & Pipeline tariff structures, MM asset release tariffs to track & assess price formation in the traded natural gas market in real time throughout the day and achieve following goals: a) Accurate and timely valuation of natural gas transactions including Physical Index, Basis and Fixed Price products for all service levels including Primary Firm, Firm and Secondary Firm b) Valuation and structuring of asset release transactions including storage and transport assets c) Valuation of Load Auctions, Government Aggregations, SMB and Residential programs
• Collaborate and communicate with Sales and Trading teams on a frequent daily basis to ensure overall risk/reward structure of transactions are favorable to the organization. Apply commercial and analytical experience to drive oversight and support of deal valuation & booking assumptions.
• Pursue opportunities to improve systems and processes to drive greater efficiencies. Foster cross-functional relationships with business and IT teams to enhance functionality of pricing systems.
• Effectively communicate recommendations based on complex analyses to a variety of audiences including senior management.

Benefits

• Constellation offers a wide range of benefits and rewards to help our employees thrive professionally and personally.
• We provide competitive compensation and benefits that support both employees and their families, helping them prepare for the future.
• In addition to highly competitive salaries, we offer a bonus program, 401(k) with company match, employee stock purchase program; comprehensive medical, dental and vision benefits, including a robust wellness program; paid time off for vacation, holidays, and sick days; and much more.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Number of Employees: 5,001-10,000 employees