Manager, Assets & Long-Term Contracts Energy Management

TOTAL Deutschland GmbH; Houston, Northern (TX, KY); On-site; USD 180,000 - 260,000; Full time

Job summary

TotalEnergies Gas & Power North America, Inc. in Houston seeks a seasoned Manager to optimize energy margins. You will bridge Asset Management and Trading to maximize portfolio value through hedging, analytics, and forecasting across generation assets and long-term contracts.

Lead cross-functional initiatives, develop scenarios, and provide actionable insights for senior leadership. This role demands strong communication and market expertise in US power markets.

Qualifications

• Master's degree or higher in a relevant field.
• 10+ years of progressive experience in energy portfolio management or equivalent.
• Strong knowledge of U.S. power markets and market structures.

Responsibilities

• Own the optimization and forecasting of energy margins across asset and long-term contracts.
• Deliver asset-level P&L attribution and margin reporting.
• Provide energy margin forecasts to support planning and strategy.
• Execute the hedging framework with Trading desks to manage risk.
• Act as the primary Trading interface for Asset Management teams.
• Lead onboarding/integration of new assets and long-term contracts.
• Collaborate with Finance on analytical insights for monetization decisions.
• Develop medium- to long-term market outlooks and scenario analyses.

Skills

Power markets

Portfolio optimization

Data-driven insights

Stakeholder communication

Financial modeling

Asset management

Education

Master's degree in Economics, Finance, Engineering, Energy Markets, or related

Tools

SCADA systems

Energy Management Systems (EMS)

Trading platforms

Asset optimization tools

Market analytics solutions

Job description

Empresa empleadora TotalEnergies Gas & Power North America, Inc.

The United States is the world's second-largest power market, comprising seven Independent System Operators (ISOs), each with its own market structure and dynamics. As one of the fastest-growing regions in the energy sector, the U.S. market is expected to contribute approximately 30% of TotalEnergies' Integrated Power business by 2030.

To support this ambitious growth strategy, TotalEnergies continues to expand and optimize a diverse portfolio of renewable and conventional energy assets, including solar, wind, thermal generation, and Battery Energy Storage Systems (BESS), complemented by long-term energy contracts.

As Manager, Asset & Long-Term Contracts Energy Margin, you will play a critical role in maximizing portfolio value and delivering targeted energy margins. Acting as a key link between Asset Management and Trading teams, you will help ensure commercial performance, market optimization, and effective risk management across the portfolio.

Key Responsibilities

In this role, you will:

• Lead the execution of the company's approved hedging strategy to protect and optimize portfolio value.
• Ensure accurate economic modeling and market representation of assets to support dispatch optimization and capacity planning activities.
• Partner closely with Asset Managers, Traders, and commercial stakeholders to maximize energy margin performance.
• Provide clear and insightful reporting to senior management on portfolio performance, market exposure, and value creation opportunities.
• Prepare and facilitate cross-functional governance committees, ensuring effective communication of activities, risks, decisions, and results.
• Coordinate and organize the activities of the Energy Margin function to support efficient execution and continuous improvement.
• Operate across liquid power markets with a planning horizon of up to three years, developing innovative solutions to address complex market, operational, and commercial challenges.
• Contribute to the growth and optimization of a rapidly expanding portfolio within one of the most dynamic energy markets in the world.

As Manager, Asset & Long-Term Contracts Energy Margin, you will be responsible for optimizing, managing, and forecasting the energy margin performance of TotalEnergies' growing portfolio of generation assets and long-term contracts. You will serve as a critical interface between Trading, Asset Management, Finance, and Portfolio Management teams to maximize value creation and support strategic decision‑making.

Key Responsibilities

• Own the optimization and forecasting of energy margins across the asset and long-term contracts portfolio.
• Deliver detailed asset‑level P&L attribution, performance analysis, and margin reporting, identifying value creation and optimization opportunities.
• Provide energy margin forecasts and performance insights to support financial planning, budgeting, and long‑term portfolio strategy.
• Execute and monitor the approved hedging framework in close collaboration with Trading desks to manage market exposure and protect portfolio value.
• Act as the primary Trading interface for Asset Management teams, coordinating activities such as internal contract management, outage planning, and operational scheduling.
• Lead the onboarding and integration of new assets, Special Purpose Vehicles (SPVs), and long‑term contracts into the portfolio management framework.
• Partner with Finance to provide analytical insights on asset performance, supporting commercial and monetization decisions.
• Develop medium‑ and long‑term market outlooks, scenario analyses, and margin forecasts to support asset planning and long‑term portfolio development.
• Build strong cross‑functional relationships across Trading, Asset Management, Finance, Risk, and Commercial teams to ensure alignment on portfolio objectives and performance.

The Manager, Asset & Long-Term Contracts Energy Margin is accountable for delivering portfolio energy margin performance in line with the Company's approved hedging strategy and risk management framework.

What You Bring

• Master's degree in Economics, Finance, Engineering, Energy Markets, or a related discipline.
• 10+ years of progressive experience in energy portfolio management, asset optimization, power markets, trading support, or a similarly analytical and commercially focused role within the energy sector.
• Strong knowledge of U.S. power markets, including energy, ancillary services, and capacity market structures.
• Solid understanding of power generation assets and operations, including renewable energy technologies, thermal generation (CCGT), and battery energy storage systems (BESS).
• Deep understanding of market fundamentals, locational marginal pricing (LMP), congestion management, and grid operations.
• Proven ability to translate complex market and portfolio analytics into actionable business insights and recommendations.
• Exceptional communication and presentation skills, with the ability to effectively engage and influence stakeholders across Trading, Asset Management, Finance, Risk, and Senior Leadership teams.
• Demonstrated ability to manage multiple priorities and make sound decisions in a fast‑paced, dynamic market environment.

Preferred Qualifications

• Experience working within major U.S. ISO/RTO markets such as ERCOT, PJM, MISO, CAISO, NYISO, or SPP.
• Familiarity with SCADA systems, Energy Management Systems (EMS), trading platforms, asset optimization tools, and market analytics solutions.
• Experience supporting hedging strategies, risk management activities, and portfolio optimization initiatives.
• Knowledge of long‑term power contracts, structured transactions, tolling agreements, PPAs, and renewable energy markets.
• Proven success operating within complex, highly matrixed organizations and collaborating across multiple business functions.
• Advanced analytical capabilities, including scenario analysis, forecasting, and financial