Manager, Long-Term Pricing and Structuring

TOTAL Deutschland GmbH; United States; On-site; USD 180,000 - 280,000; Part time

Job summary

TotalEnergies Gas & Power North America, Inc. is seeking a Manager, Long-Term Pricing & Structuring to shape the long-term commercial strategy for the North American portfolio.

You will develop pricing and valuation models for assets and long-term contracts, and support investment decisions. The role partners with senior management across Trading, Asset Management, Finance, Investments, and Risk to deliver valuation analyses and strategic insights over a horizon of more than three years.

Qualifications

• Master’s degree required in economics/finance/engineering or related field.
• 10+ years of asset valuation, energy markets, risk or portfolio management experience.
• Deep knowledge of U.S. and wholesale power markets and long-term dynamics.

Responsibilities

• Define, own, and optimize hedging strategy for the Long-Term Portfolio.
• Structure and implement merchant exposure hedging with Asset Management teams.
• Measure and analyze merchant exposures; provide sensitivity analyses and stress tests.
• Support negotiation, structuring, and valuation of long-term power contracts.
• Develop long-term energy margin forecasts and market outlooks.
• Collaborate with Trading, Asset Management, Finance, and Risk teams.

Skills

Deep knowledge of U.S. power markets

Analytical capabilities

Communication and presentation

Education

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

Tools

Python

R

MATLAB

BID3

Plexos

PSO

Job description

Employer company TotalEnergies Gas & Power North America, Inc.

Domain Strategy Economics Business

Type of contract Fixed term position

Experience Minimum 10 years

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.

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.

Candidate Profile

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.

What We Offer:

At TotalEnergies we know that you're more than what's on your CV. If this opportunity excites you, but your profile doesn't exactly match the description above... Diversity of perspectives & experiences make us stronger.

TotalEnergies celebrates diversity and is committed to Equal Employment Opportunity:

All qualified applicants will receive consideration for employment without regard to race, color, religion, sex (including pregnancy, sexual orientation, or gender identity), national origin, age, protected veteran status, disability status or any other category protected under applicable federal, state or local law. We are also committed to providing reasonable accommodations for qualified individuals with disabilities and disabled veterans in our job application procedures.

All aspects of employment including the decision to hire, promote, discipline, or discharge, will be based on merit, competence, performance, and business needs.

TotalEnergies believes that diversity and inclusion among our teammates is critical to our success as a global company, and we seek to recruit, develop, and retain the most talented people from a diverse candidate pool.

About the company:

TotalEnergies is a multi-energy company that produces and markets energies on a global scale: oil and biofuels, natural gas and green gases, renewables and electricity. Our 105,000 employees are committed to energy that is ever more affordable, clean, reliable and accessible to as many people as possible. Active in more than 130 countries, TotalEnergies puts sustainable development in all its dimensions at the heart of its projects and operations to contribute to the well-being of people.

TotalEnergies Gas and Power (TGP) is the trading arm of TotalEnergies in the field of low carbon energies (mainly gas, LNG and power). As such it operates in fast-evolving market dynamics influenced by internal and external factors that require constant adaptation and evolution. Uncertainties specific to the trading environment (volatility of prices, supply & demand mismatches) are coupled with those coming from the broader energy sector (climate change policies, changes in the energy mix, developments of new energy sources, etc). In such context TGP helps to ensure growth and profitability to a key segment of the business in order to reach the objective of Carbon Neutrality by 2050.

Our Culture:

We are committed to meet the energy needs of a growing population while fulfilling our ambition to be a major player in the energy transition. The volatility of the energy trading markets requires excellence in risk management and a culture of innovation.

Our people flourish in an environment that promotes expertise, entrepreneurship spirit, agility and a purpose-driven culture, generating boundless opportunities to learn, grow and achieve collaborative success while ensuring safety in all our operations.

We look for passion, ambition and open-mindedness. While we evolve in a demanding and ever-changing industry, we cultivate a friendly workplace where team spirit and respect guide our daily routine, and where the diversity of our people and their skills create a nourishing experience for all of us.

Additional Information

TotalEnergies values diversity, promotes individual growth and offers equal opportunity careers.

Ready to Power the Future of Energy Trading?

At TotalEnergies we know that you're more than what's on your CV. If this opportunity excites you, but your profile doesn't exactly match the description above... Diversity of perspectives & experiences make us stronger.

Please note: TotalEnergies is unable to sponsor employment visas or consider candidates on time-limited visa status for this position.