Demo

Origination Analyst

NRG Energy
Houston, TX Full Time
POSTED ON 11/25/2025
AVAILABLE BEFORE 12/25/2025
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Job Summary

The Origination Analyst is a key member of the Wholesale Origination team, responsible for supporting the development and execution of energy transactions. This role involves in-depth market analysis, financial modeling, and the creation of proposals for potential clients and counterparties. The ideal candidate will possess a strong analytical skillset, a foundational understanding of energy markets (power, natural gas, renewables, etc.), and excellent communication skills to collaborate with internal teams and external stakeholders.

Key Responsibilities

Market Analysis:

  • Monitor and analyze real-time and long-term trends in energy markets, including power prices, natural gas fundamentals, renewable energy credit (REC) values, and regulatory changes.
  • Research and identify new business opportunities, potential clients, and market inefficiencies.
  • Prepare detailed market reports and presentations to inform origination strategy.

Financial Modeling And Valuation

  • Build and maintain complex financial models to evaluate the profitability and risk of potential transactions (e.g., power purchase agreements, tolling agreements, structured deals).
  • Perform discounted cash flow (DCF) analysis, net present value (NPV) calculations, and scenario analysis to assess deal value.
  • Collaborate with trading, risk management, and finance teams to ensure accurate valuation and risk assessment.

Deal Support And Proposal Development

  • Assist in the preparation of proposals, term sheets, and presentations for clients and internal stakeholders.
  • Draft and review transaction documents, ensuring accuracy and alignment with approved deal terms.
  • Support senior originators in the negotiation process by providing data-driven insights and analysis.

Collaboration And Communication

  • Work closely with cross-functional teams, including trading, risk management, legal, credit, and asset management, to facilitate the deal lifecycle from initial concept to final execution.
  • Serve as a point of contact for external counterparties and clients as needed, building and maintaining professional relationships.

Reporting And Administration

  • Track and report on the origination pipeline, deal status, and market activities.
  • Maintain accurate and up-to-date records of all transactions and market information in relevant systems (ie. Salesforce)

Qualifications

Education:

  • Bachelor’s degree in Finance, Economics, Engineering, Mathematics, or a related quantitative field. A Master's degree or professional certifications (e.g., CFA) is a plus.

Experience

  • 1-3 years of experience in energy, finance, or a highly analytical role. Experience in a trading or origination environment is highly preferred.

Skills & Competencies

  • Strong proficiency in financial modeling and valuation techniques.
  • Advanced knowledge of Microsoft Excel is essential. Experience with Python, R, or other programming languages for data analysis is a significant advantage.
  • Solid understanding of North American energy markets (e.g., ISOs/RTOs like PJM, ERCOT, CAISO) and their fundamental drivers.
  • Excellent analytical, problem-solving, and critical-thinking skills.
  • Exceptional written and verbal communication abilities.
  • Proven ability to manage multiple projects and priorities in a fast-paced, deadline-driven environment.

NRG Energy is committed to a drug and alcohol-free workplace. To the extent permitted by law and any applicable collective bargaining agreement, employees are subject to periodic random drug testing, and post-accident and reasonable suspicion drug and alcohol testing. EOE AA M/F/Protected Veteran Status/Disability. Level, Title and/or Salary may be adjusted based on the applicant's experience or skills.

EEO is the Law Poster (The poster can be found at http://www.eeoc.gov/employers/upload/poster_screen_reader_optimized.pdf)

Official description on file with Talent.

Salary.com Estimation for Origination Analyst in Houston, TX
$81,788 to $99,618
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