Energy Trading Financial Settlements Analyst, Renewables - REMOTE

ThinkBAC Consulting LLC; United States; Remote; USD 60,000 - 80,000; Full time

Job description

Mid-Sr. Energy Trading Settlements Analyst, Renewables - REMOTE

Full time | ThinkBAC Consulting | United States

Posted On 08/16/2024

Job Information

Work Experience: 4-5 years

Energy and Utilities

City: Dallas

State/Province: Texas

Zip Code: 75201

Job Description

Mid-Senior Energy Trading Settlements Analyst - Renewables Energy Storage (BESS)

Location: HYBRID REMOTE - Houston, TX Area

This is an opportunity to join an industry-leading renewable energy venture and IPP with strong private equity backing that is focused on the development/execution of dynamic utility-scale energy storage projects. They are at the forefront of the industry, have accumulated over 9GW+ of projects in a relatively short period of time, and are currently in an accelerated expansion phase.

The Energy Trading Settlements Analyst will report to a Director on the Energy Trading Team and help pioneer the company's power trading settlement reconciliation process. A strong data analytics background working with SQL or Python is strongly preferred.

They are committed to creating more renewable infrastructure solutions for the grid and are offering comprehensive compensation packages to their employees leading the drive to meet company goals. Other perks include a competitive base salary, open PTO policy, flex work hours, health benefits, and the opportunity to work with a transparent Executive Leadership Team.

RESPONSIBILITIES:

• Prepare, evaluate, and validate settlement invoices in coordination with energy trading partners.
• Lead the ISO, RTO, and counterparty daily accounting initiatives with a focus on shadow settlements.
• Manage the checkout process for physical trades before scheduling with ISOs and RTOs.
• Coordinate financial energy trading and physical trading AP/AR (Accounts Payable and Accounts Receivable) activities.
• Analyze and cross-compare power trading derivatives to support the creation of commercial disparity reports.

QUALIFICATIONS:

• 2-4+ years of data analytics, energy trading, and power markets settlements experience.
• Hands-on experience with power trading reconciliations, confirmations, derivatives, and AR/AP settlement validations.
• Proven track record communicating with power trading counterparties and key internal cross-functional resources on the commercial asset management team.
• Well-versed in the utilization of SQL, Python, and Power BI for portfolio optimization and physical/virtual power trading dynamics dealing with various energy platforms (renewables, solar, wind, BESS, energy storage, natural gas, O&G, Hydro, etc.).
• Solid analytical background focused on power market pricing, hedging strategies, transaction structuring, and risk assessments.
• Understanding of real-time energy trading, derivatives, power marketing, and transmission market operations including relevant NERC, FERC, or transmission tariff/compliance initiatives.
• Must have an understanding of national energy markets and renewable energy portfolios (PJM, ERCOT, SPP, MISO, NYISO, ISO-NE, and CAISO).
• Candidates who have held the following titles may be ideal: Energy Trading Analyst, Settlements Analyst, Data Science Analyst, Credit Analyst, or Data Analyst.

*The deadline for applications is 75 days from the original posting date.