What are the responsibilities and job description for the Sr. Manager, Retail Renewable Portfolio & PPA Management position at bp?
Job Title: Sr. Manager, Retail Renewable Portfolio & PPA Management
Department: Retail Power Supply
Location: Houston, TX
Reports To: Director, Commercial Growth and Analytics
The Manager, Renewable Portfolio & PPA Management is accountable for the retail renewable energy portfolio, including position management, P&L oversight, controls, and compliance obligations. The manager will supervise more junior staff members who will support daily operational activities, data processing, reporting, and compliance tasks. The manager is expected to provide direction, ensure quality and accuracy, improve processes, and act as the primary owner of key commercial decisions and stakeholder interactions.
Key Responsibilities
Leadership & Oversight
Required:
Department: Retail Power Supply
Location: Houston, TX
Reports To: Director, Commercial Growth and Analytics
The Manager, Renewable Portfolio & PPA Management is accountable for the retail renewable energy portfolio, including position management, P&L oversight, controls, and compliance obligations. The manager will supervise more junior staff members who will support daily operational activities, data processing, reporting, and compliance tasks. The manager is expected to provide direction, ensure quality and accuracy, improve processes, and act as the primary owner of key commercial decisions and stakeholder interactions.
Key Responsibilities
Leadership & Oversight
- Provide oversight, mentorship, and workload direction for junior team members responsible for daily renewable portfolio operations, reporting, validations, and compliance tasks.
- Review and approve analysts’ work to ensure accuracy, proper controls, and adherence to deadlines.
- Lead process improvement initiatives to streamline workflows, strengthen controls, and enhance data reliability.
- Accountable for renewable portfolio positions to ensure alignment with load forecasts, renewable product commitments, and market conditions.
- Review daily and monthly P&L results prepared by analysts; identify drivers and recommend optimization strategies.
- Develop or enhance analytical frameworks for forecasting renewable supply, REC positions, pricing impacts, and financial outcomes.
- Establish and maintain rigorous validation and control processes across position reporting and P&L.
- Lead the full lifecycle of renewable PPA processes.
- Direct analysts in gathering data, preparing evaluations, and tracking PPA performance.
- Coordinate with Retail Supply, Operations, Risk, Finance, and Regulatory teams to ensure contract terms and ongoing obligations meet requirements.
- Accountable for monitoring of PPA performance, milestones, settlements, and contract compliance.
- Own compliance reporting obligations relating to Renewable Portfolio Standards (RPS) and REC tracking.
- Oversee analysts responsible for day-to-day REC management, data validation, and filing preparation.
- Enhance compliance reporting through automation, improved validations, and process design.
- Serve as the primary point of contact for internal teams on renewable portfolio topics.
- Provide management-level insights to support budgeting, forecasting, new renewable product development, and strategic decision making.
- Lead communication and presentations to leadership regarding renewable portfolio performance and PPA developments.
Required:
- Bachelor’s degree in Business, Economics, Finance, Energy Management, Data Analytics, or a related field.
- Experience in energy supply, power markets, renewable energy, or related commercial roles.
- Strong understanding of retail energy markets, renewable portfolio standards, REC markets, and renewable compliance frameworks.
- Demonstrated experience with advanced Excel, VBA, and SQL for analytics, process automation, reporting, and control design.
- Proven experience in process improvement, data validation, and implementing operational controls.
- Experience reviewing and managing the work of junior staff or analysts.
- Strong analytical, commercial, negotiation, and communication skills.
- Leadership and mentoring skills
- Strategic and analytical thinking
- Technical proficiency (Excel/VBA, SQL; Python preferred)
- Strong process improvement and control orientation
- Ability to manage multiple priorities and delegate effectively
- Commercial acumen and sound judgment
- Clear and effective communication
- Strong cross-functional collaboration
- Experience with Python for data automation and analytics preferred
- Experience with ETRM systems and reporting tools