Energy Portfolio Manager, Wholesale

Meta

Salem (OR)

On-site

USD 160,000 - 232,000

Full time

8 days ago

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Benefits offered by this job

Equity
Bonuses
Benefits

Job summary

The Global Energy Team at Meta in Salem, Oregon, is seeking an experienced energy professional to manage wholesale energy and capacity contracts. The role is crucial for ensuring that Meta's wholesale portfolio is well-managed and aligned with company objectives.

You will be responsible for contract compliance, financial performance monitoring, and coordinating efforts with various internal teams. The position offers a competitive salary ranging from $160,000 to $232,000 annually, along with bonuses and equity options.

Qualifications

  • 10+ years of experience in wholesale energy portfolio management or power trading operations.
  • Experience with ISDA/EEI master agreements and credit provisions.
  • Good understanding of FERC regulatory frameworks and RTO/ISO market rules.

Responsibilities

  • Manage wholesale energy and capacity contracts from execution to settlement.
  • Monitor counterparty compliance with contract deliverables.
  • Coordinate with internal teams for regulatory compliance and performance tracking.

Skills

Wholesale energy portfolio management
Contract compliance
Financial performance monitoring
Counterparty management
Regulatory compliance

Education

Bachelor's degree in Energy Management or related field

Tools

Salesforce
Excel
Google Workspace

Job description

Summary

Meta's Global Energy Team is seeking an energy professional to manage wholesale energy and capacity contracts throughout the transaction lifecycle—from execution through settlement and ongoing operational compliance. This role is critical to ensuring Meta's wholesale supply portfolio is actively managed, commercially optimized, and aligned with the company's growth, cost, and reliability objectives. In this role, you will be a key contributor on the Energy Portfolio Management team under Meta's Energy Infrastructure Strategy and Investments. You will be responsible for managing a portfolio of wholesale energy and capacity agreements including contract compliance and administration, financial and operational performance monitoring, settlement tracking, counterparty management, and coordination with Meta's market-participating affiliate and/or third-party portfolio managers. You will monitor budget-to-actual performance across the wholesale portfolio, identify and elevate commercial or regulatory risks, and drive process improvements that enable the team to scale.

Required Skills

Energy Portfolio Manager, Wholesale Responsibilities:

  1. Serve as the ongoing owner for post-execution management of Meta's wholesale energy and capacity contracts—including bilateral PPAs, tolling agreements, energy hedges/forwards, and capacity transactions
  2. Monitor and enforce counterparty compliance with contract deliverables, including energy delivery schedules, capacity accreditation requirements, and settlement obligations
  3. Coordinate with Meta's Energy Analytics team, market-participating affiliate, and/or third-party portfolio managers to track financial performance, manage transaction settlement and scheduling, and ensure market compliance—identifying variances, root causes, and escalating issues as appropriate
  4. Manage contract amendments, collateral requirements, credit provisions, force majeure claims, and other post-execution commercial matters under ISDA/EEI master agreements
  5. Maintain organized, auditable contract documents and data within team systems (Salesforce, shared drives, and portfolio management tools)
  6. Surface and resolve issues across the wholesale portfolio, including regulatory and compliance matters (FERC, RTO/ISO, NERC)
  7. develop structured recommendations with options and tradeoffs for leadership review
  8. Coordinate with internal partners including legal, finance, accounting, tax, and the broader Energy team to ensure alignment on wholesale supply operations
  9. Contribute to the development of tools, processes, and reporting that enable scalable portfolio management as wholesale positions grow
  10. Support continued evolution and execution of Meta's wholesale supply strategy, including feasibility assessments for new transaction structures
Minimum Qualifications
  1. Experience analyzing wholesale energy transaction financial performance and coordinating with market-participating entities, scheduling coordinators, or third-party portfolio managers to identify variances and build recommendations
  2. Demonstrated ability to synthesize complex market, contractual, and regulatory information into clear, structured communications for leadership and cross-functional partners
  3. Experience managing post-execution wholesale energy and capacity contracts, including settlement, scheduling, compliance, and counterparty management
  4. Experience working with ISDA/EEI master agreements, confirmations, credit provisions, and collateral management
  5. Working knowledge of FERC regulatory frameworks and RTO/ISO market rules sufficient to identify compliance considerations and elevate appropriately
  6. Experience managing multiple concurrent commercial matters and collaborating across legal, finance, accounting, and operational teams
Preferred Qualifications
  • Experience working with AI tooling to drive operational efficiency
  • Experience with energy risk management frameworks, including mark-to-market tracking and position reporting
  • 10+ years of experience in wholesale energy portfolio management or power trading operations
  • Experience in both regulated/bilateral markets and organized RTO/ISO markets
  • Proficiency in standard document and analytics platforms (Excel, Google Workspace, Salesforce)
  • Demonstrated ongoing AI skill development (e.g., prompt/context engineering, agent orchestration) and staying current with emerging AI technologies
  • Experience adhering to and implementing responsible, ethical AI practices (e.g., risk assessment, bias mitigation, quality and accuracy reviews)
  • Familiarity with capacity accreditation processes, resource adequacy requirements, and grid interconnection mechanics
  • Experience building or improving portfolio management tools, dashboards, or reporting systems
  • Demonstrated ability to integrate AI tools to optimize/redesign workflows and drive measurable impact (e.g., efficiency gains, quality improvements)
Public Compensation

$160,000/year to $232,000/year + bonus + equity + benefits

Industry

Internet

Equal Opportunity

Meta is proud to be an Equal Employment Opportunity and affirmative action employer. We do not discriminate based upon race, religion, color, national origin, sex (including pregnancy, childbirth, or related medical conditions), sexual orientation, gender, gender identity, gender expression, transgender status, sexual stereotypes, age, status as a protected veteran, status as an individual with a disability, or other applicable legally protected characteristics. We also consider qualified applicants with criminal histories, consistent with applicable federal, state, and local law. Meta participates in the E-Verify program in certain locations, as required by law. Please note that Meta may leverage artificial intelligence and machine learning technologies in connection with applications for employment.

Meta is committed to providing reasonable accommodations for candidates with disabilities in our recruiting process. If you need any assistance or accommodations due to a disability, please let us know at accommodations-ext@meta.com.

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