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Director, Market Operations

Job in Covington, Kenton County, Kentucky, 41011, USA
Listing for: AES Corporation
Full Time position
Listed on 2026-07-18
Job specializations:
  • Business
    Regulatory Compliance Specialist, Risk Manager/Analyst
Salary/Wage Range or Industry Benchmark: 180000 - 300000 USD Yearly USD 180000.00 300000.00 YEAR
Job Description & How to Apply Below

Are you ready to be part of a company that’s not just talking about the future, but actively shaping it? Join AES Corporation, the largest U.S.

-based global power company with a team of 8,300 employees across 12 countries. AES has been ranked #1 by BloombergNEF in renewable energy sales to corporations in the U.S. and Americas for five consecutive years, providing electricity for millions of people worldwide.

AES is proud to foster a strong workplace culture, earning prominent positions in Great Place to Work rankings across the markets where it operates. AES was also named one of the World’s Most Ethical Companies for the 13th consecutive year in 2026, highlighting its dedication to integrity, transparency, and responsible business practices.

As the only seven-time winner of the Edison Electric Institute’s Edison Awards in the twenty-first century, AES honors global leadership in advancing the electric power industry. If you’re ready to drive change, AES is the place for you. We’re not just building a more sustainable future; we’re powering it.

Role Overview

The Director of Market Operations will lead the strategic and day-to-day execution of market participation for a diversified renewable energy portfolio, including solar, wind, battery storage, and flexible load assets. The role optimizes asset performance across multiple U.S. wholesale power markets while ensuring compliance with regulatory, reliability, and contractual obligations.

Key Responsibilities
  • Develop and execute market participation strategies across CAISO, PJM, ERCOT, SPP, and MISO to maximize portfolio value.
  • Oversee bidding, scheduling, dispatch optimization, and real‑time operations for renewable and storage assets.
  • Lead congestion management, curtailment strategies, and ancillary services participation.
  • Identify and implement opportunities for revenue enhancement, including arbitrage, capacity markets, and emerging products.
  • Coordinate closely with asset management, trading, and forecasting teams to ensure optimal performance.
  • Support origination and structuring teams in evaluating new commercial opportunities.
  • Ensure alignment between contractual obligations and real‑time operations.
  • Ensure compliance with all applicable NERC reliability standards and ISO/RTO market rules.
  • Monitor regulatory developments and lead internal response strategies.
  • Collaborate with finance teams on tax equity structures and ensure operational compliance with investor requirements.
  • Support due diligence processes for financing and M&A transactions.
  • Provide operational insights into project valuation and risk assessment.
  • Foster cross‑functional collaboration with trading, development, regulatory, and finance teams.
  • Drive continuous improvement in systems, processes, and analytics capabilities.
Qualifications Required Experience
  • 10+ years of experience in power markets, energy trading, or market operations within the renewable energy sector.
  • Deep expertise across at least three major ISOs/RTOs: CAISO, PJM, ERCOT, SPP, MISO (experience in all preferred).
  • Proven experience managing renewable portfolios including solar, wind, and battery storage assets.
  • Strong knowledge of renewable project off‑take agreements (PPA, VPPA, tolling structures).
  • Demonstrated experience with NERC compliance and reliability standards.
  • Experience working with tax equity financing structures and investor requirements.
Skills & Competencies
  • Strong analytical and quantitative skills with deep understanding of power market dynamics.
  • Commercial mindset with ability to balance risk and value optimization.
  • Excellent leadership, communication, and stakeholder management skills.
  • Ability to operate in a fast‑paced, evolving regulatory and market environment.
Education
  • Bachelor’s degree in Engineering, Economics, Finance, or related field required.
  • Advanced degree (MBA, MS) preferred.
Preferred Qualifications
  • Experience with automated trading platforms, energy management systems (EMS), and forecasting tools.
  • Familiarity with emerging market constructs such as capacity accreditation, hybrid resource participation models, and demand response.
  • Background in both physical and financial energy markets.
Equal…
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