Sr NE Asset Manager - Power

A key Optimus power generation client located in downtown Houston needs a Sr. Commercial Asset Manager with a Northeast focus (PJM a must), to support optimization of their physical power generation asset portfolio.

Qualified candidates please send your resume to Jennifer.Hibbetts@optimus-us.com.

Essential Functions

• Oversee daily Day-Ahead market bidding and manage cash and term strategies for natural gas, oil, and renewable energy generation assets, adapting to market fluctuations.
• Responsible for the profit and loss (PnL) management of assigned assets.
• Execute hedging strategies within set authority limits while effectively managing credit and cash obligations in line with risk management policies.
• Collaborate with plant operations, third-party energy managers, and fuel suppliers to optimize trading and operational efficiency.
• Acquire in-depth knowledge of asset contracts to ensure optimal oversight and utilization of contractual rights and responsibilities.
• Ensure compliance with all relevant tariffs, market conduct rules, and operational protocols.
• Develop both short-term and long-term market outlooks, forecasting prices for power, fuel, and emissions to inform trading and hedging strategies.
• Lead strategic initiatives for assigned assets, preparing and presenting findings to senior management.
• Contribute to mergers and acquisitions and development strategies for potential transactions.
• Perform additional duties as required.

Requirements

• Bachelor’s degree in Finance, Business, Economics, Engineering, Mathematics, or a related quantitative discipline (Master’s degree preferred).
• Proficiency in database management and advanced Excel skills.
• Previous experience in commercial operations or asset trading, specifically with conventional or renewable generation assets.
• Strong understanding of U.S. natural gas, electricity, and emissions markets, including their supply-demand dynamics and regulatory framework.
• Familiarity with the specific market factors affecting individual generation assets and the broader portfolio.
• Experience managing PnL for conventional or renewable generation assets.
• Solid knowledge of market structures such as PJM (preferred), ISO-NE, NYISO, or MISO.
• Background in power trading, hedge strategy formulation for natural gas-fired generation, and natural gas market dynamics.
• Expertise in commodity risk management analysis.
• Self-starter with an entrepreneurial mindset, capable of performing under pressure.
• Strong team player who thrives in a collaborative environment.
• Excellent business acumen and communication skills, both verbal and written.
• Commitment to ethical conduct and maintaining discretion and confidentiality.
• Proficiency in data analysis and advanced Excel, with skills in VBA, PowerPoint, and SQL. Experience with Python, R, MATLAB, C/C#/C++, or Java is a plus.

Per our client's specifications, candidates are required to be US Citizens, Green Card holders, or independently authorized to work in the US . We are unable to provide H1 visa sponsorship at this time.