Senior Structuring Analyst

SmartestEnergy•Houston, TX

About The Position

The future of energy is digitized, decarbonized and localized. At SmartestEnergy, we need revolutionary thinkers to help our customers make the most of this new landscape, thinking differently to find smart solutions to complex problems. Formed in 2001, we’re an agile business driven by entrepreneurial thinking. As a subsidiary of the Marubeni Corporation, we also have strong investment and infrastructure behind us. As well as our three offices in the US, we have three offices in the UK and another in Australia. Further expansion is planned for 2026 and beyond which means global career opportunities for you, with plenty of potential to explore new markets. When you join our Team, you will have the opportunity to contribute and make an impact every single day. Overview Reporting to the Market Operations & Structuring Manager, the Senior Structuring Analyst serves as the bridge between Pricing, Market Operations, Trading, Billing, and Commercial teams to ensure retail product structures, cost assumptions, and profitability analytics are accurate, consistent, and competitive. Structuring ensures every deal priced and every forecast maintained reflects real, measurable market value - enabling commercial agility and defensible decision-making. This role establishes and leads the Structuring function across SmartestEnergy US, providing the focus and ownership required to proactively manage retail risk across all non-energy cost components. The individual will own non-energy forecasting, retail curve development, and profitability analytics, ensuring alignment between pricing assumptions and realized outcomes, and driving transparency across all cost components embedded in retail supply. This position will work closely with Pricing, Market Operations, Trading, Sales, Billing, and Finance to ensure end-to-end alignment from deal structuring through settlement realization.

Requirements

Experience in retail energy structuring
Multi-ISO experience (PJM, NYISO, ISO-NE, ERCOT preferred)
Experience with forward curves, cost modeling, and profitability analytics
Experience supporting structured or complex commercial deals preferred
Strong understanding of retail energy cost stack, especially non-energy components
Familiarity with ISO market structures, settlements, and regulatory frameworks
Understanding of pricing models, billing constructs, and contract structures
Advanced Excel and data analysis capabilities
Strong analytical and problem-solving mindset
Ability to translate complex market dynamics into clear insights
High attention to detail and commitment to accuracy
Ability to influence cross-functional stakeholders
Ownership mentality with a focus on continuous improvement
Ability to adapt quickly to evolving market conditions and business needs

Responsibilities

Own all non-energy cost forecasts across PJM, NYISO, ISO-NE, and ERCOT
Develop and refine forward non-energy curves used in retail pricing
Ensure all cost components are transparent, traceable, and consistently applied
Track forecast vs. actuals and identify key variance drivers
Incorporate ISO rule changes, settlement updates, and market design changes into forecasting methodologies
Benchmark retail competitiveness vs. peers, brokers, and wholesale market trends
Monitor contract profitability from deal inception through delivery
Identify and explain deviations between forecasted and realized margins
Produce structured reporting to inform margin, fee, and product design decisions
Document product structures, cost inclusions, and pricing assumptions
Maintain version-controlled libraries for non-energy curves, charge code mappings, and structured product logic
Drive continuous improvement in structuring processes to ensure scalability, repeatability, and auditability
Align with Pricing, Trading, Finance, and Billing on settlement outcomes
Partner with Sales & Trading on complex structured product opportunities
Provide training and guidance to pricing analysts on cost drivers and forecasting logic