Energy Counsel, Commercial Services/Commodity Trading
NRG Energy, Inc.
Princeton, NJ
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JOB DETAILS
SALARY
$178,000–$220,000 Per Year
LOCATION
Princeton, NJ
POSTED
30+ days ago
We offer a dynamic work environment and a unified and inclusive culture. NRG fosters a strong sense of belonging that leads to better collaboration and business performance. Our company programs are designed to help employees develop the skills they need for success now and in the future. In everything we do, we aim to champion our employees and bring value to our customers, investors and society.
More information is available at www.nrg.com. Connect with NRG on Facebook, Instagram, LinkedIn and X.
Job Summary:
Supports the commercial services and wholesale energy trading activities of NRG Energy, Inc., and its subsidiaries, within the continental United States and Canada. This individual will be a team oriented and commercially focused attorney that will be a critical part of the commercial services legal team. The attorney will be capable of collaborating frequently with team members, originators, traders, and other stakeholders within the organization, including, maintaining a value-added relationship with commercial, credit, risk, and compliance teams. Day-to-day responsibilities include advising leadership and other stakeholders on legal risks, strategies, and structures for a variety of commercial energy transactions, including, derivatives, swaps, options, and physical purchases and sales of power, natural gas, environmental attributes, and other commodities. In addition, responsibilities will include reviewing and negotiating master trading agreements, credit support arrangements, transaction confirmations, RFPs and NDAs. This individual will ideally be highly versatile and self-motivated, capable of exercising sound legal and business judgement under time sensitive and fast paced conditions, to deliver a high quality and well-conceived work product that furthers the organization’s business objectives.
Essential Duties/Responsibilities:
+ Structure, draft, negotiate and facilitate commercial transactions around a variety of commercial energy activities (both physical and financial) in power, natural gas, renewable energy, environmental attributes, and other commodity, derivatives, and energy management services, including, negotiating master trading agreements, such as ISDAs, NAESBs, EEIs and WSPPs
+ Proven track record of exercising sound business and legal judgment, with appropriate attention to detail, in a fast-paced and high-volume environment
+ Ability to work across various segments of the organization that may be out of the area of direct responsibility to assist corporate, commercial and industrial and retail teams
+ Ability to work well both independently and in a team environment
+ Efficiently work with outside counsel as necessary within budget and/or timing constraints
The above statements are intended to describe the general nature and level of work being performed by people assigned to this job. They are not an exhaustive list of all responsibilities, duties and skills required of personnel so assigned.
Working Conditions:
+ The preferred location for this position is Princeton, New Jersey or Houston, Texas.
+ Some travel may be required
Minimum Requirements:
+ JD degree from an ABA accredited law school
+ Licensed to practice law in NJ, TX or another state
+ Four (4) to eight (8) years of relevant legal experience
Preferred Qualifications:
+ Understanding of master trading documentation, such as ISDA, NAESB, EEI and WSPP
+ General working familiarity of regulatory regimes governing derivatives and energy market activities, such as FERC, CFTC, Dodd-Frank, ICE and similar exchanges, RTOs/ISOs and public utility commissions
+ Specific knowledge of CAISO and WPP markets, in addition to ERCOT, MISO, PJM, ISO-NE, and/or NY-ISO will be viewed favorably
Additional Knowledge, Skills and Abilities:
+ Excellent contract drafting and communication skills, particularly to assist non-legal stakeholders in understanding complex legal and regulatory risks and requirements
+ Ability to work independently and as a team member, demonstrated ability to set priorities and to respond to changing demands from multiple sources
+ Basic working knowledge of the UCC, bankruptcy and insolvency law, and general commercial law is preferred
+ Familiarity with Canadian derivatives regulations or energy/commercial law is not required but would be considered a valuable attribute
The base salary range for this position is: $178,000 - $220,000* *The base salary range above represents the low and high end of the salary range for this position. Actual salaries will vary based on several factors including but not limited to location, experience, and performance. The range listed is just one component of the total compensation package for employees. Other rewards may include annual bonus, short- and long-term incentives, and program-specific awards. In addition the position may be eligible to participate in the benefits program which include, but are not limited to, medical, vision, dental, 401K, and flexible spending accounts.
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.
About the Company
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NRG Energy, Inc.
In Princeton, NJ—just 20 miles south of Thomas Edison's home—lies the headquarters of NRG Energy, Inc., a Fortune 500 company thatowns and operates one of the country's largest power generation and retail electricity businesses. NRG sells electricity directly to morethan 2 million customers through our retail businesses, Energy Plus, Green Mountain Energy Company, Independence Energy and Reliant,and is capable of generating enough electricity from our power plants to supply more than 20 million homes. NRG is at the forefront of changing how people think about and use energy. We are pioneers in developing cleaner and smarter energy choices for our customers: whether as one of the largest solar power developers in the country, or by building the first privately funded electric vehicle charging infrastructure or by giving customers thelatest smart energy solutions to better manage their energy use. With renewable energy development, electric vehicle support and smart grid technology, NRG delivers innovative solutions that help people, businesses and communities build a sustainable future. For more information, visit nrgenergy.com.
COMPANY SIZE
5,000 to 9,999 employeesINDUSTRY
Energy and Utilities
FOUNDED
1989
WEBSITE
http://www.nrgenergy.com