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Wholesale Energy Originator
2 months ago
Welcome to NRG Energy, a leading company in the energy industry. We are seeking a highly motivated and experienced Wholesale Originator to join our team.
Job Summary:The Wholesale Originator will be responsible for originating, structuring, and negotiating electric commodity transactions with a focus on the CAISO/WECC wholesale power market. This individual will work closely with the NRG West Trading Desk and the NRG Business Sales Teams to facilitate deal flow and manage internal and external issues related to pricing and closing transactions.
Key Responsibilities:- Originate, structure, and negotiate power transactions in CAISO/WECC that support Commercial Operations and the C&I Sales Team.
- Work with internal groups to manage all issues surrounding retail deals and help facilitate and close transactions.
- Understand and explain market fundamentals and dynamics to audiences with varying levels of energy-related knowledge.
- Lead sponsor in "selling" the strategic rationale and deal economics for structured transactions.
- Co-develop and support long-term growth strategy for the NRG portfolio in coordination with Business, Commercial Operations, and other key groups across the organization.
- Minimum of 5 years of power marketing or power trading experience.
- Bachelor's degree from an accredited college or university.
- Advanced knowledge of the electric utility industry, electric energy markets, and market fundamentals, especially in CAISO/WECC.
- Advanced knowledge of customers and customer segments (Utilities, IPPs, developers).
- Advanced knowledge of options, basis risk, hedging, losses, congestion, demand management, and other power marketing concepts.
- Strong commercial skills and proven "hunter" that identifies and closes large wholesale power transactions.
- Evening and weekend work, while not the norm, may be required as business needs dictate.
- Up to 25% travel requirement to establish and maintain customer business.
The salary range for this role is $169,840-$305,760. Pay is based on several factors, including but not limited to education, work experience, certifications, etc.
NRG Energy is committed to a drug and alcohol-free workplace. To the extent permitted by law and any applicable collective bargaining agreement, employees are subject to periodic random drug testing, and post-accident and reasonable suspicion drug and alcohol testing. EOE AA M/F/Protected Veteran Status/Disability. Level, Title, and/or Salary may be adjusted based on the applicant's experience or skills.
EEO is the Law Poster (The poster can be found at )
Official description on file with Talent.
