Manager, Long-Term Pricing and Structuring

TotalEnergies; Houston (TX); On-site; USD 180,000 - 280,000; Full time

Job summary

TotalEnergies recherche un Manager, Long-Term Pricing & Structuring pour piloter la valorisation et la structuration à long terme des actifs et des contrats énergétiques au sein du portefeuille. Vous travaillerez avec les équipes Trading, Asset Management et Risk pour optimiser les marges et les décisions d’investissement.

Le candidat idéal possède une expérience approfondie des marchés de l’électricité américains, des mécanismes de tarification et des modèles financiers complexes, et sait

Qualifications

• Master's degree ou diplôme équivalent dans l’énergie, l’économie ou la finance.
• Expérience 10+ années dans l’évaluation d’actifs, les marchés de l’énergie, la gestion des risques ou la stratégie commerciale longue échéance.

Responsibilities

• Définir, posséder et optimiser la stratégie de couverture du portefeuille à long terme.
• Évaluer, structurer et négocier des contrats d’énergie à long terme avec les propriétaires d’actifs et clients.
• Développer des modèles quantitatifs pour la valorisation d’actifs, les marges énergétiques et l’optimisation de portefeuille.
• Collaborer avec Trading, Asset Management, Finance et Risque pour assurer la cohérence des hypothèses et méthodes.

Skills

Asset valuation

Energy markets

Risk management

Portfolio management

Structured transactions

Long-term commercial strategy

Quantitative analysis

Excel

Python

R/MATLAB

Education

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

Tools

Python

R

MATLAB

BID3

Plexos

PSO

Job description

Contexte et environnement

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.

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 work closely with senior management and key stakeholders to deliver long-term valuation analyses and insights. You will prepare and coordinate internal cross-functional committees, ensuring effective communication and reporting of activities, initiatives, and results. You will organize and drive the workstream with a long-term horizon of more than three years, while developing innovative solutions to address complex business challenges.

Activités

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.

Profil du candidat

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.

Qualifications & Experience

What You Bring

• Master's degree in Economics, Finance, Engineering, Mathematics, Energy Markets, or a related discipline.
• 10+ 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.
• 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

Preferred Qualifications

• 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.

Informations supplémentaires

TotalEnergies valorise la diversité, promeut le développement individuel et offre des opportunités d'emploi égales à tous les candidats.