Senior Portfolio Manager

NextEra Energy•Juno Beach, FL

About The Position

The Senior Portfolio Manager manages a portfolio of physical and financial wholesale power derivatives to deliver adjusted earnings targets. Products may include load-following, deterministic, and block energy products, typically bundled with capacity, renewable energy credits, ancillary services, and other products for residential, commercial, industrial, and municipal customers. The role leads deal teams for transactions, bringing together traders and representatives from valuation, legal, credit, risk, accounting, and regulatory/legislative affairs. It serves as the front-office commercial representative with customers and regulatory or legislative bodies, and is responsible for deals from inception through milestones, approvals, execution, and booking. The role partners with Origination on structured transactions to maximize value, identify risks, and implement contractual protections. The position also identifies, coordinates, and leads bidding processes for standard and non-standard full-requirement transactions. It manages profit and loss for a portion of the full-requirements portfolio by monitoring performance, tracking market rules and conditions, and optimizing hedge and deal positions.

Requirements

High school graduate or GED.
Bachelor’s degree or foreign equivalent in Business Administration or a related field and 7 years of experience in a similar role, or a master’s degree or foreign equivalent in Business Administration or a related field and 5 years of experience in similar roles.
At least 2 years of experience developing and maintaining comprehensive financial models, including discounted cash flow analysis, valuation analysis, and earnings impact assessments.
At least 2 years of experience incorporating finance and energy-market insights into investment recommendations and portfolio-management decisions.
At least 3 years of experience preparing, reviewing, and analyzing profit and loss, including forecasting and variance analysis to assess portfolio performance and derive strategic insights.
At least 4 years of experience building relationships with internal and external subject-matter experts.
At least 4 years of experience preparing executive-level presentations and materials that synthesize financial performance metrics, market observations, and strategic recommendations for senior leadership.
Bachelor’s degree.
7 or more years of experience.

Nice To Haves

Master’s degree.

Responsibilities

Manage physical and financial wholesale power derivative portfolios to deliver adjusted earnings targets.
Lead transaction deal teams and coordinate contributors from trading desks and valuation, legal, credit, risk, accounting, and regulatory/legislative affairs.
Represent the front office commercially with customers and regulatory or legislative bodies; manage deal activities from inception through approvals, execution, and booking.
Partner with Origination on structured transactions to maximize value, identify risks, and implement contractual protections.
Identify, coordinate, and lead bidding processes for standard and non-standard full-requirement transactions in assigned markets.
Monitor and report profit and loss for existing transactions, including maintaining and creating forward price curves.
Work with Origination and Structuring to develop and close structured full-requirement transactions.
Ensure full-requirement activity is accurately reported.
Create hedge strategies for deals and remain within approved targets.
Perform ad hoc analysis to support strategic analysis, decision-making, and market views; review and optimize portfolio positions.
Prepare detailed presentations for internal and external customers, including executive-level management.
Perform other job-related duties as assigned.