Senior Portfolio Manager

Requisition :  98500 Next Era Energy Marketing is one of the nation’s leading electricity and natural gas marketers, and a key player in the energy markets in the United States and Canada. As a part of Next Era Energy Resources, we specialize in innovative energy strategies that maximize market value for our customers and stakeholders. Our team is skilled in market analysis, trading, risk management and delivering tailored customer solutions across North America.

If you are a strategic thinker eager to make a significant impact in the fast-paced energy industry, join our team today.

Position Specific Description The Senior Portfolio Manager’s will deliver adjusted earnings targets by managing a portfolio of physical and financial wholesale power derivatives including load following, deterministic, and block energy products typically bundled with capacity, renewable energy credits, ancillary services, and other products to serve residential, commercial, industrial, and municipal customers. Leads deal team for transactions; team includes traders from power, transmission, mid-marketing, green, and options desks as well as representatives from valuation, legal, credit, risk, accounting, and regulatory/legislative affairs.

Serves as the front office commercial representative with customers as well as regulatory/legislative bodies and has responsibility for all aspects of the deal including inception, milestones, approvals, execution, and booking. Partners with Origination on structured transactions to maximize value, identify risks, and implement contractual protections.

Required Qualifications High School Graduate/GED Bachelor’s degree or foreign equivalent in Business Administration or related fieldand 7 years of experience in similar roleor Master’s degree or foreign equivalent in Business Administration or related fieldand 5 years of experience in similar roles2 years of experience developing and maintaining comprehensive financial models – including discounted cash flow (DCF) analysis, valuation analysis, and earnings impact assessments2 years of experience incorporating finance and energy market insights into investment recommendations and portfolio-management decisions3 years of experience preparing, reviewing, and analyzing P&L, including forecasting and variance analysis to assess portfolio performance and gather strategic insights4 years of experience building relationships with internal and external subject matter experts4 years of experience preparing executive-level presentations and materials, synthesizing financial performance metrics, market observations and strategic recommendations to senior leadership.

Any suitable combination of education, training, or experience is acceptable.

Job Overview This position identifies, coordinates and leads the bidding process for standard and non-standard full requirement transactions. Employees in this role manage profit and loss for a portion of the full requirements portfolio by monitoring performance, being aware of market rules and conditions and optimizing hedge and deal positions.

Job Duties & Responsibilities Monitors and reports Profit and Loss of existing transactions, including maintenance and creation of forward price curves

Works with Origination and Structuring team to develop and close structured full requirement transactions

Manages bidding processes for assigned markets

Ensures full requirement activity is accurately reported

Creates hedge strategies for deals and remains within approved targets

Performs ad hoc analysis to support strategic analysis, decision making and market view, and reviews and optimizes portfolio positions

Develops detailed presentations for presentation to internal and external customers, including…