What are the responsibilities and job description for the Power Portfolio Manager position at Karbone?
About
Karbone Inc. is an award-winning liquidity services provider for energy transition and environmental commodity markets. Since 2008, we have offered integrated and innovative revenue hedging, risk management, and market advisory solutions to a global suite of clients across energy markets. Our teams are proudly ranked first amongst their peers and are all dedicated toward our core mission of providing our clients and partners with the insight, execution, and liquidity solutions they need to succeed in the new energy transition.
About the Position
Karbone is seeking a Power Portfolio Manager to help grow its US Power business. This role is responsible for managing market exposure, optimizing portfolio performance, and supporting opportunistic, short and medium-term positions across North American power markets. The position plays a central role in the firm’s expansion into Power, helping translate market opportunities into actionable portfolio decisions while maintaining disciplined risk management.
Key Responsibilities
- Manage and optimize a portfolio of physical and financial power positions across ISO/RTO markets
- Develop and execute portfolio strategies to maximize risk-adjusted returns.
- Monitor market fundamentals, congestion, load, generation, and weather impacts.
- Analyze and manage exposure across energy, capacity, ancillary services, and congestion products.
- Partner closely with Power Origination to structure and price customer transactions.
- Design and implement hedging strategies to manage market, credit, and operational risk.
- Oversee position management, mark-to-market, and risk reporting.
- Support development of new products, structured deals, and long-term offtake agreements.
- Improve portfolio optimization tools, models, and processes.
Qualifications
- 5-8 years of experience in power trading or portfolio management in ERCOT, NYISO, ISO-NE, MISO, PJM, SPP, or CAISO
- Bachelor’s degree in Economics, Engineering, Mathematics, or related field; advanced degree a plus
- Deep knowledge of North American power markets and ISO/RTO structures.
- Strong quantitative and analytical skills; proficiency in Excel required, Python a plus
- Strong understanding of power market fundamentals, congestion, capacity, and ancillary services