Manager, Assets & Long-Term Contracts Energy Management

TotalEnergies Group; Texas; Hybride; USD 180 000 - 240 000; Plein temps

Résumé du poste

TotalEnergies Gas & Power North America, Inc. seeks a highly experienced Manager, Long-Term Pricing & Structuring to shape the long-term commercial strategy of a diversified power portfolio.

You will develop and maintain pricing and valuation models, support investments, and assess value and risk across contracts and assets. You will lead pricing, structuring, and hedging initiatives, collaborate with trading and asset management teams, and provide insights to senior leadership on market

Qualifications

• Master's degree in Economics, Finance, Engineering, Mathematics, Energy Markets, or related discipline.
• 10–15 years of experience in asset valuation, energy markets, risk management, portfolio management, structured transactions, or long-term commercial strategy.
• Deep knowledge of U.S. wholesale power markets, pricing mechanisms, and long-term market dynamics.
• Proven expertise in valuation methodologies, forecasting, and risk analysis for investments and commercial decisions.

Responsabilités

• Define, own, and optimize hedging strategy for the Long-Term Portfolio.
• Structure and implement merchant exposure hedging solutions with RECs and environmental products.
• Analyze merchant exposures with sensitivity analyses, stress tests, and scenarios.
• Collaborate with Trading, Asset Management, Finance, Investments, and Risk teams.
• Develop long-term energy margin forecasts and market outlooks to support FP&A, FIDs, and portfolio reviews.

Connaissances

Energy markets

Valuation modeling

Risk analysis

Portfolio optimization

Strategic thinking

Formation

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

Outils

Excel

Python

R

MATLAB

BID3

Plexos

PSO

Description du poste

Empresa empleadora TotalEnergies Gas & Power North America, Inc.

The United States is the world's second-largest power market, operating through seven Independent System Operators (ISOs), each with distinct market structures, pricing mechanisms, and regulatory frameworks. As one of the fastest-growing energy markets globally, the U.S. is expected to represent approximately 30% of TotalEnergies' Integrated Power business by 2030, making it a key pillar of the Company's growth strategy.

To support this ambition, TotalEnergies is expanding and optimizing a diversified portfolio of generation assets, including solar, wind, thermal generation, and Battery Energy Storage Systems (BESS), alongside a growing portfolio of long-term power contracts.

As Manager, Long-Term Pricing & Structuring, you will play a critical role in shaping the long-term commercial strategy and value creation of this portfolio. You will be responsible for developing and maintaining pricing and valuation models for assets and long-term contracts, supporting investment and monetization decisions, and assessing the value and risk of positions held within the Long-Term Portfolio.

In this high-impact role, you will:

• Develop and maintain robust valuation models for power assets, long-term contracts, and portfolio exposures.
• Support strategic investment decisions, M&A activities, and Final Investment Decisions (FIDs) through long-term market and valuation analyses.
• Partner with Trading, Asset Management, Finance, and Investment teams to assess portfolio value and identify optimization opportunities.
• Provide senior management and key stakeholders with actionable insights on long-term valuations, market outlooks, and portfolio performance.
• Prepare and support internal governance committees and cross-functional forums, communicating key analyses, recommendations, and business impacts.
• Lead and organize Long-Term Pricing & Structuring activities to ensure effective execution and continuous improvement.
• Develop innovative solutions to address complex valuation, risk management, and market challenges across a long-term planning horizon exceeding three years.

This role offers a unique opportunity to influence the future value, risk profile, and commercial performance of a rapidly growing power portfolio while working at the intersection of trading, asset management, investments, and corporate strategy.

Activities

The Manager, Long-Term Pricing & Structuring is responsible for the operational management of pricing and valuation activities across TotalEnergies' Long-Term Portfolio and asset companies. This role provides the analytical and commercial framework needed to assess portfolio value, manage long-term market exposures, and support strategic decision-making across investments, asset management, and commercial activities.

Key Responsibilities

• Define, own, and continuously optimize the hedging strategy for the Long-Term Portfolio, ensuring alignment with commercial objectives and risk management policies.
• Structure and implement merchant exposure hedging solutions in partnership with Asset Management teams, including Renewable Energy Certificates (RECs) and other environmental products.
• Measure, monitor, and analyze merchant exposures, providing sensitivity analyses, stress testing, and scenario assessments to support decision-making.
• Manage volumetric risks arising from weather variability, asset outages, production uncertainty, and evolving market conditions.
• Support the negotiation, structuring, and valuation of long-term power contracts with asset owners, counterparties, and customers.
• Develop and deliver long-term energy margin forecasts and market outlooks to support financial planning, M&A transactions, Final Investment Decisions (FIDs), and strategic portfolio reviews.
• Identify and recommend asset monetization strategies, revenue optimization opportunities, and portfolio restructuring initiatives to maximize value creation.
• Price long-term contracts and structured transactions to be managed within the Long-Term Portfolio.
• Develop, maintain, and enhance quantitative models related to asset valuation, energy margin forecasting, contract pricing, portfolio optimization, and risk analysis.
• Collaborate closely with Trading, Asset Management, Finance, Investments, and Risk teams to ensure consistency of assumptions, methodologies, and strategic objectives.

Accountabilities

As Manager, Long-Term Pricing & Structuring, you will be accountable for the valuation, optimization, and long-term commercial performance of assets and contracts entering the Long-Term Portfolio.

Success in this role will be measured by:

• The accuracy, robustness, and reliability of asset and contract valuation methodologies and outputs.
• Effective optimization of the Long-Term Portfolio through strategic hedging, structuring, and portfolio management decisions.
• Delivery of high-quality market intelligence, forecasting, and analytical insights that support investment, financing, and commercial decisions.
• Identification and execution of value-enhancing opportunities related to asset monetization, contract structuring, and portfolio optimization.
• Effective management of long-term market, merchant, and volumetric risks.
• Development and maintenance of industry-leading pricing, valuation, and portfolio management models.
• Successful collaboration with cross-functional stakeholders, including Trading, Asset Management, Finance, Commercial, Investments, and Senior Leadership teams.

Qualifications & Experience

What You Bring

• Master's degree in Economics, Finance, Engineering, Mathematics, Energy Markets, or a related discipline.
• 10-15 years of experience in asset valuation, energy markets, risk management, portfolio management, structured transactions, or long-term commercial strategy within the energy sector.
• Deep knowledge of U.S. and wholesale power markets, including pricing mechanisms, market fundamentals, regulatory frameworks, and long-term market dynamics.
• Strong understanding of power generation assets and revenue drivers, including combined cycle gas turbines (CCGT), renewable energy assets, energy storage, and merchant market exposures.
• Proven expertise in valuation methodologies, long-term forecasting, and risk analysis to support investment, financing, and commercial decision-making.
• Strong analytical and quantitative capabilities, with experience developing and applying complex pricing, valuation, and portfolio optimization models.
• Advanced statistical analysis and modeling skills, with proficiency in Excel and quantitative programming tools such as Python, R, MATLAB, BID3, Plexos, PSO, or similar platforms.
• Excellent communication and presentation skills, with the ability to translate complex analytical concepts into actionable insights for both technical and non-technical stakeholders.
• Ability to influence decision-making and build strong relationships across Trading, Asset Management, Finance, Investments, Risk, and Senior Leadership teams.

Preferred Qualifications

• Experience supporting investment evaluations, mergers and acquisitions (M&A), project financing, and Final Investment Decisions (FIDs).
• Demonstrated expertise in economic analysis, asset valuation, and financial modeling for large-scale energy infrastructure projects.
• Proven ability to operate effectively within complex, highly matrixed, and cross-functional organizations.
• Experience with long-term power contracts, structured products, hedging strategies, and merchant risk management.
• Knowledge of renewable energy markets, environmental products, Renewable Energy Certificates (RECs), and evolving energy transition market structures.