Sr. Manager Power Marketing and Trading -Renewable Energy

WM•Houston, TX

2d•Onsite

About The Position

I. Job Summary Recognized across the organization for commercial energy marketing/trading expertise with experience across multiple commodities. Prior experience in developing new business, managing client relationships and managing energy commodity portfolios. Understands financial risk management, physical energy logistics as well as legal/ contractual requirements when executing transactions. Able and willing to sell/market/trade on their own but must have prior management/supervisory experience in this field. II. Essential Duties and Responsibilities Researches short and medium term market activity / trends and develops a strategic and tactical plan to monetize WM’s energy portfolio, particularly electricity , renewable credits and electricity capacity market in the US and Canada. Responsible for short and medium term energy , capacity, and renewable credit research, analysis, valuation and transactions. Experience with tagging and scheduling power, experience precuring transmission and reserving ramp would be an asset Leads a small team of marketing/trading employees. Responsible for coaching, directing and motivating them to be successful. Manages relationships with partners, counterparties on behalf of WM Works closely with WM functions in plant operations, compliance and regulatory to establish and understand the power and natural gas position available for sale and purchase. Works with WMRE senior management to establish strategy and resources as appropriate. Works with internal and external customers, suppliers and other partners to resolve problems, respond to suggestions for improvement and enhancements, test, refine and institutionalize solutions. Responsible for advising management on sales, trading and hedging strategies and activities. Experience in buying/procuring power or gas at a retail level Familiar with energy transaction systems (Nymex, ICE, Nodal) as well as Over-the-Counter transactions. Prior experience working with mid and back office employees systems( while not essential) would be helpful.

Requirements

Bachelor's Degree (accredited)
High School Diploma or GED (accredited) and four years of relevant work experience
7 years of relevant work experience in energy commodity markets (in addition to education requirement)
Strong character, able to cope successfully with demanding and fast-paced energy environment.
Effective communicator with the ability to lead and influence others.
Attention to detail and commercially focused
Aligning Performance for Success – Focusing and guiding others in accomplishing work objectives.
Building Partnerships – Identifying opportunities and taking action to build strategic relationships between one’s area and other areas, teams, departments, units or organizations to help achieve business goals.
Building Trust – Interacting with others in a way that give them confidence in one’s intentions and those of the organization.
Coaching and Developing Others – Providing feedback, instruction and development guidance to help others excel in their current or future job responsibilities; planning and supporting the development of individual skills and abilities.
Decision Making – Identifying and understanding issues, problems, and opportunities; comparing data from different sources to draw conclusions; using effective approaches for choosing a course of action or developing appropriate solutions; taking action that is consistent with available facts, constraints, and probable consequences.

Nice To Haves

Previous experience Tagging/scheduling power and power assets
Previous experience working in and around 24 hour desk
Power Movement Experience working with Renewable Energy Credits

Responsibilities

Researches short and medium term market activity / trends and develops a strategic and tactical plan to monetize WM’s energy portfolio, particularly electricity , renewable credits and electricity capacity market in the US and Canada.
Responsible for short and medium term energy , capacity, and renewable credit research, analysis, valuation and transactions.
Leads a small team of marketing/trading employees. Responsible for coaching, directing and motivating them to be successful.
Manages relationships with partners, counterparties on behalf of WM
Works closely with WM functions in plant operations, compliance and regulatory to establish and understand the power and natural gas position available for sale and purchase.
Works with WMRE senior management to establish strategy and resources as appropriate.
Works with internal and external customers, suppliers and other partners to resolve problems, respond to suggestions for improvement and enhancements, test, refine and institutionalize solutions.
Responsible for advising management on sales, trading and hedging strategies and activities.