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Asset Manager

Intelletec Energy

United States

Remote

USD 80,000 - 120,000

Full time

3 days ago
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Job summary

Intelletec Energy seeks an entry-level Power & Energy Recruiter who will optimize bidding decisions in day-ahead and real-time markets to drive revenue from Battery Energy Storage Systems (BESS). The ideal candidate will have a strong understanding of electricity markets, analytical skills, and a passion for the energy sector. This remote position offers a dynamic work environment with opportunities for professional growth and learning.

Benefits

Medical insurance
Vision insurance
401(k)

Qualifications

  • Minimum 2 years of experience in an ISO (trading, asset management, analyst).
  • Willingness to work nights/weekends when issues arise.

Responsibilities

  • Manage and maximize the value of assets in wholesale power markets.
  • Monitor financial performance indicators and suggest improvements.
  • Participate in project meetings and resolve issues.

Skills

Analytical capability
Communication
Understanding of electricity markets
Financial models
Proficiency in Microsoft Excel
Programming skills (Python)
Large-data processing

Education

Undergraduate degree in mathematics, operations research, or computer science

Job description

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Direct message the job poster from Intelletec Energy

Power & Energy Recruiter | Husband & Father

About the Position:

The analyst will be responsible for accomplishing results through direct day-to-day activities for the asset team. The objective of this role is to maximize risk adjusted revenue for the BESS based on making the optimal bidding decisions in day-ahead and real-time markets. This role will also have or need to gain a deep understanding of CAISO and ERCOT market design, regulatory rules/changes, and generator bidding behavior. Prior experience dispatching assets or trading in at least one U.S. ISO is required. BESS experience is not required but curiosity is.

The responsibilities of the asset manager are summarized below:

  • Scheduling, managing, and maximizing the value of the assets in the wholesale power markets.
  • Overriding algo recommendations as deemed necessary by this person (i.e. making trading decisions for the asset at times)..
  • Monitoring and analyzing the key financial performance indicators of the project and suggesting improvements to the data science team when appropriate
  • Maintain thorough awareness of regulatory, technical, commercial, and financial issues related to assigned assets and be responsible for clients’ satisfaction.
  • Provide support to project staff if needed to resolve appropriate project, regulatory, contractual, or commercial issues.
  • Participate in project & customer meetings, conferences, and discussions to assure active involvement in the projects’ affairs.
  • Perform any number of ad hoc tasks around (but limited to): budgeting, accounting, tax, automation, registration, research, reporting, consulting, etc. They will have to learn these skills on their own with little guidance so must be a self-starter who is very meticulous and thorough.

Requirements:

  • Understanding of electricity markets, financial models, tariff structures, renewable incentives, energy storage, and renewable energy.
  • Prior experience in modeling buying and selling of energy commodities (power, gas, and environmental products)
  • Strong analytical capability; proficiency in Microsoft Excel and programming skills like Python and large-data processing is a plus
  • Excellent verbal and written communication skills
  • A passion for energy industry and willingness to learn and adapt in this rapidly growing industry
  • Undergrad degree in mathematics, operations research, or computer science (flexible for right person)
  • Minimum 2 years of experience in an ISO (trading, asset management, analyst)
  • Willingness to occasionally answer phone calls and perform tasks at night / on weekends when things go awry

Location: remote

Seniority level
  • Seniority level
    Entry level
Employment type
  • Employment type
    Full-time
Job function
  • Job function
    Analyst
  • Industries
    Services for Renewable Energy

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Inferred from the description for this job

Medical insurance

Vision insurance

401(k)

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