What are the responsibilities and job description for the Asset Trading Manager position at NextEra Energy?
Requisition ID: 87370
NextEra 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 NextEra 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 Asset Trading Manager leads a team responsible for the identification and quantification of optionality and risk in the NextEra Energy Resources asset portfolio, as well as development and execution of innovative hedge strategies, and assisting in the valuation of power and fuel basis for assets in all markets in which the company participates. This position requires a deep understanding of power and fuel markets and an ability to assimilate information from and work closely with multiple disciplines including: senior management, business management, financial analysis, accounting, risk analytics, risk management, marketing and origination, power asset development group, credit, finance, commodity traders and quantitative analysts.
Job Overview
This position is responsible for a team of financial traders involved in the identification and quantification of embedded optionality and development of innovative hedging approaches for an assigned portion of the company’s merchant asset portfolio. Employees in this role are responsible for managing a team that trades, hedges, and values various hedge alternatives via various commodities (power, gas, oil), various products (swaps, options, physical/financial) for a subset of the markets in which the company participates.
Job Duties & Responsibilities
- Manages a team responsible for the hedge program for NextEra’s merchant asset portfolio
- Guides team in trades, hedges, and values various hedge alternatives utilizing various commodities (power, gas, oil), various products (swaps, options, physical, financial) in all markets in which the company participates
- Leads the team in complex market assessments utilizing production cost models and econometric models to determine the commercial viability of targeted energy projects, hedge strategies, or proprietary trade strategies on a macro or regional basis
- Performs other job-related duties as assigned
Required Qualifications
- Bachelor’s Degree
- Experience: 5 years
Preferred Qualifications
- Master’s Degree
- Supervisor/Management Experience: 2 years
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: NextEra Energy Marketing, LLC
Relocation Provided: Yes, if applicable
NextEra Energy is an Equal Opportunity Employer. Qualified applicants are considered for employment without regard to race, color, age, national origin, religion, marital status, sex, sexual orientation, gender identity, gender expression, genetics, disability, protected veteran status or any other basis prohibited by law.
NextEra Energy provides reasonable accommodation in its application and selection process for qualified individuals, including accommodations related to compliance with conditional job offer requirements, consistent with federal, state, and local laws. Supporting medical or religious documentation will be required where applicable and permitted by applicable law. To request a reasonable accommodation, please send an e-mail to recruiting-coordinator.sharedmailbox@nexteraenergy.com, providing your name, telephone number and the best time for us to reach you. Alternatively, you may call 1-844-694-4748. Please do not use this line to inquire about your application status.
NextEra Energy will not discharge or in any other manner discriminate against employees or applicants because they have inquired about, discussed, or disclosed their own pay or the pay of another employee or applicant. However, employees who have access to the compensation information of other employees or applicants as a part of their essential job functions cannot disclose the pay of other employees or applicants to individuals who do not otherwise have access to compensation information, unless the disclosure is (a) in response to a formal complaint or charge, (b) in furtherance of an investigation, proceeding, hearing, or action, including an investigation conducted by the employer, or (c) consistent with the contractor’s legal duty to furnish information.
NextEra Energy does not accept any unsolicited resumes or referrals from any third-party recruiting firms or agencies. Please see our policy for more information.
