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Senior Portfolio Manager, Regulated Power

Job in Calgary, Alberta, T3S, Canada
Listing for: NRG Energy
Full Time, Part Time position
Listed on 2026-06-05
Job specializations:
  • Finance & Banking
    Financial Consultant, Financial Manager, Risk Manager/Analyst, Portfolio Manager
Job Description & How to Apply Below

Essential Duties/Responsibilities

:
  • Design and Implementation of the Energy Price Setting Plan

  • Be a key participant in the planning, development, and implementation of the EPSP.

  • Develop and maintain pricing and financial models supporting regulated rates.

  • Support regulatory proceedings, including AUC testimony, engagement with intervenors, and preparation of MSA financial assessments.

  • Ensure ongoing compliance with the EPSP and the Regulated Option for Low-Income (ROLR) Regulation throughout its term.

  • Portfolio Management

  • Own the performance and day-to-day management of the regulated power portfolio.

  • Identify and manage financial and market risks inherent to Alberta’s retail electricity market.

  • Design and execute EPSP- and corporate-compliant hedging and risk mitigation strategies.

  • Procure and trade electricity to meet forecasted regulated customer demand.

  • Execute transactions across Alberta wholesale markets using electronic platforms, OTC trades, bilateral counterparties, and RFP processes.

  • Monitor Alberta power fundamentals, market developments, and emerging trends.

  • Be able to make timely decisions for effective portfolio management.

  • Financial Reporting & Forecasting

  • Consolidate hourly pricing and volume data to track settled energy revenues, costs, and P&L.

  • Develop future P&L projections and budgets using forward market prices, volume forecasts, and cost estimates.

  • Build, maintain, and improve demand forecasting models.

  • Analyze near- and long-term electricity-demand drivers using large data sets and quantitative models.

  • Minimum Requirements:

  • Bachelor’s degree in Economics, Finance, Mathematics, Electrical Engineering, Computer Science, or a related quantitative discipline.

  • 10–25 years of progressive experience in energy markets.

  • Deep knowledge of Alberta power markets and trading fundamentals.

  • Strong financial acumen, including profit & loss management and income statements.

  • Demonstrated experience as a power trader or portfolio manager.

  • Core Competencies and Leadership Attributes:

  • Strategic and analytical thinker with a strong execution mindset.

  • High level of judgment, accountability, and comfort operating in dynamic environments.

  • Ability to work independently with minimal direction.

  • Strong stakeholder management and influencing skills.

  • Exceptional written and verbal communication skills; able to explain complex concepts clearly.

  • Credibility and experience to act as an expert witness in regulatory proceedings.

  • Superior analytical and problem-solving skills.

  • Working Conditions:

  • Full-time preferred (part-time may be considered).

  • Remote or hybrid work arrangement.

  • Open office environment when on-site.

  • Occasional travel may be required.

  • Position Requirements
    10+ Years work experience
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