What are the responsibilities and job description for the Associate Manager Structure/Origination position at NextEra Energy and Careers?
Requisition ID: 92207
Florida Power & Light Company is the largest electric utility in the U.S., providing reliable energy to nearly 12 million Floridians. With one of the nation’s most fuel-efficient, cost-effective power generation fleets and industry-leading reliability, we’re redefining what’s possible in energy. Want to be part of something powerful? Join our outstanding team and help shape the future of energy.
Position Specific Description
Develop, coordinate, and facilitate the execution of complex structured power, natural gas or renewable energy transactions, with an emphasis on creative transaction structures, optimizing FPL’s assets, and customers.
Activities include:
- Work closely with front-line origination staff and potential customers to understand customer needs and develop transactions/product structures to meet those needs;
- Develop presentation materials highlighting transaction benefits and present alternative transaction/product structures to customers;
- Coordinate, review and assist in drafting transaction documents that accurately reflect deal structures and negotiate documents with customer;
- Structure transaction economic and valuation models; manage and provide direction to analysts on how to build models to price and analyze structured transactions and review them for completeness and accuracy;
- Develop risk mitigation solutions and ensure risks are appropriately reflected in pricing;
- Coordinate with Trading, Analytics, Legal, Credit, Accounting, Regulatory and Risk Management groups to ensure transactions are analyzed correctly and approved on a timely basis;
- Prepare presentations to support management approval of proposed transactions and obtain transaction approvals on a timely basis.
- The successful candidate can look forward to a role of increasing responsibility, and progression within the Origination group.
Ideal Qualifications:
- 7 years of transaction development experience preferably in the energy industry.
- Project management skills and experience with wholesale power, natural gas or oil markets a strong plus.
- Bachelor's in Finance, Engineering, Economics or a similar field.
- MBA or graduate degree in Business, Economics or a technical field preferred.
Job Overview
This position negotiates and executes complex structured power and/or Oil and Gas transactions, with a particular emphasis on new products, customers and/or regions. Employees in this role work closely with front-line originators and potential customers to understand their needs and develop product structures to meet them. Individuals are responsible for developing the deal structure, working with the different desks to develop pricing. Employees oversee, guide, and negotiate the contract to be signed between NextEra and the counterparty and are also responsible for selling the deal internally, navigating a rigorous vetting process, to gain approval. This position finally executes the structured transaction by gaining input from several different departments such as Pricing, Legal, Credit, Accounting, Risk Management, and Trading Groups.
Job Duties & Responsibilities
- Communicates directly with potential customers and front-line originators to gain an understanding of customer needs in order to propose solutions, and/or negotiate deal structures and documents that meet those needs
- Analyzes and develops different structures for the customer including risk mitigation solutions to ensure risks are appropriately managed and quantified
- Oversees, guides, and negotiates the contract and related documents that will be signed between the Company and the counterparty
- Prepares presentations and other internal communications for senior leadership to guide and support the internal vetting process
- Coordinates with internal departments involved in the transaction such as Pricing, Legal, Credit, Accounting, Risk Management, and Trading Groups
- Presents deal to senior leadership, seeking approval of the proposed deal structure
- Performs other job-related duties as assigned
Required Qualifications
- Bachelor's Degree
- Experience: 5 years
Preferred Qualifications
- Master's Degree
- Master's - Business Administration
NextEra Energy offers a wide range of benefits to support our employees and their eligible family members. Click here to learn more.
Employee Group: Exempt
Employee Type: Full Time
Job Category: Energy Trading
Organization: Florida Power & Light Company
Relocation Provided: Yes, if applicable
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