Senior Commercial Associate/Executive Job Austin area,Texas USA,Finance & Banking

Sabancı Renewables operates a growing portfolio of utility-scale renewable generation in ERCOT. We are hiring a Senior Commercial Associate/Executive to own hedging and market execution for the operating fleet, and to support PPA origination and structuring for new opportunities.

In this role, you will form a market view, translate it into a hedging and trading strategy, submit it into ISO markets, and be accountable for the result. You will work directly with the Head of Commercial & Finance in a lean team with visibility to senior leadership.

Responsibilities

Own the quantification and active management of nodal-to-hub basis, congestion and curtailment exposure across the ERCOT fleet.

Design hedging strategies using swaps, basis swaps, congestion rights (CRR / PTP obligations and options), revenue puts and shaped structures, sized to portfolio risk appetite and lender requirements.

Prepare and enter submissions into ISO platforms — day-ahead and real-time offers, ancillary service offers, and CRR auction bids.

Develop DART strategy and post-auction attribution of realized versus expected value.

Direct and challenge the QSE: set the strategy it executes and hold it accountable for performance.

Analyze transmission constraints, congestion drivers, price forecasts and ISO market design changes, and translate them into forward positioning.

Own settlement validation and dispute resolution with the ISO, QSE and counter parties.

Support PPA and VPPA origination and negotiation — pricing, basis and shape analysis, settlement mechanics, and commercial terms alongside legal counsel.

Build the analytical tooling and apply AI/ML to price and congestion forecasting, offer optimization, settlement anomaly detection and reporting automation.

Report commercial performance and market conditions to management and shareholders.

Minimum Qualifications

Master's degree in engineering, economics, finance, mathematics or management (Bachelor's degree plus equivalent experience considered).

5+ years in U.S. power markets at a developer, IPP, utility, offtaker, trading desk, QSE or advisory firm.

Demonstrated hands-on ERCOT experience, including nodal pricing, congestion and basis risk on renewable assets.

Working knowledge of DAM/RTM, DART, CRR / PTP products, ancillary services and financial hedging products.

Experience executing — entering offers, bids or auction submissions into an ISO platform.

Advanced Excel and modeling, plus Python and SQL.

Practical experience applying AI or machine learning to forecasting, optimization or workflow automation.

Ability to present a clear commercial recommendation to senior decision-makers.

Authorization to work in the United States.

Preferred Qualifications

Working knowledge of MISO and/or PJM — FTRs, ARRs, and capacity constructs (RPM, PRA). Deep expertise in all three markets is not expected; transferable ERCOT experience and the ability to learn a second market is.

Experience with wind and solar shape and volumetric risk, negative pricing, P50/P99 and hub-settled VPPAs.

Direct participation in PPA negotiation and contract structuring.

Familiarity with BESS and hybrid asset optimization.

Experience with market data and modeling platforms (Yes Energy, Enverus, Aurora, PLEXOS or equivalent) and ETRM systems.

Understanding of ISDA / EEI master agreements, credit and collateral mechanics.

Commercial support to project finance or M&A transactions.

Compensation details: Yearly Salary

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Senior Commercial Associate​/Executive

Senior Commercial Associate/Executive