Energy/Senior Energy - Gas & Power Originator

Portland General Electric2 months ago
New York, NY, United States
Hybrid
Full-time
Junior Level (1-3 years)

Job Description

Position Overview

At PGE, our work involves dreaming about, planning for, and realizing a smarter, cleaner, more enduring Oregon neighborhood. It’s in our DNA since 1888 – energizing lives, strengthening communities, and driving advancements in energy that promote social, economic, and environmental progress. As an Energy/Senior Energy Gas & Power Originator, you will have the unique opportunity to design, market, and implement structured energy and risk management products and strategies to optimize PGE's resource portfolio and wholesale market activities. You will evaluate and negotiate transactions to acquire new energy resources, contracts, and infrastructure, support the competitive bidding process, and help procure long-term resources while staying at the forefront of market trends and innovations in a dynamic industry.

Key Responsibilities

  • Designs, markets and implements structured energy and risk management products and strategies to reduce costs, optimize assets, and mitigate risks associated with PGE's resource portfolio and wholesale market activities.
  • Evaluates and negotiates transactions to acquire new energy resources, contracts, and infrastructure.
  • Supports the competitive bidding process and other procurement activities to secure long-term resources.
  • Identifies and assesses changing market dynamics or fundamental drivers that could impact the price or availability of fuel and related assets.
  • Conducts outbound marketing to develop positive commercial relationships and opportunities with counterparties in the wholesale energy markets.
  • Represents PGE in wholesale markets, participates in industry forums and conferences, and advocates for PGE’s interests in regulatory proceedings.

Required Qualifications

  • Bachelor’s degree in business, finance, economics, computer science, mathematics, engineering, or a related field (or equivalent experience).
  • Typically eight or more years of experience in the energy industry or related field, with autonomous decision-making in outbound-facing tasks at a Senior Level.
  • Typically five or more years of experience in economics, trading, financial analysis, or a related field, demonstrating highly specialized skills or knowledge.

Preferred Qualifications

  • An MBA or MS in finance, economics, or a related financial discipline.
  • Intermediate knowledge of financial concepts, including options, swaps, futures, forward contracts, and asset valuation methods.
  • Intermediate financial and risk modeling skills.
  • Intermediate skills in analyzing energy market conditions or trends.
  • Intermediate skills in promoting and selling products and services, including marketing strategy and tactics.
  • Intermediate skills in negotiating contracts.

Benefits & Perks

  • Compensation Range: $99,975.00 - $197,375.00
  • Performance-based incentive bonus.
  • Total rewards package designed to reward contributions to the company.
  • Support for well-being and professional development.

Required Skills

commercial acumen
contract management
structured energy products
energy market analysis
financial analysis
risk modeling
marketing strategy
negotiation