Portfolio Analyst
NRG Energy, Inc.
VIRTUAL, NJ
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JOB DETAILS
SALARY
$80,640–$133,080 Per Year
LOCATION
VIRTUAL, NJ
POSTED
1 day 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.
This role provides Client access to the physical and financial energy markets. The Portfolio Optimization Analyst will assure accurate strategy development and execution to optimize Client portfolios. The Portfolio Optimization Analyst must assure Client’s market positions and strategies remain confidential. The Portfolio Optimization Analyst must have the ability to act independently to analyze and execute responses to emerging market conditions. The Portfolio Optimization Analyst must have the ability to work non-standard business hours.
Essential Duties/Responsibilities:
+ Develop strategies and execute trades to achieve targets.
+ Assure adherence to all Company credit, compliance, and risk policies.
+ Perform advanced technical and analytical modelling.
+ Responsible for capturing all relevant trade data in the appropriate systems.
+ Create operational and financial reports as required.
+ Ensure compliance with ISO tariffs.
+ Communicate directly with brokers, traders, operations, accounting, middle office, fuel departments, system operators, transmission owners, generation owners, and other counterparties as required for assurance of operational excellence.
Working Conditions:
+ Moderate travel required.
Minimum Requirements:
+ Bachelor's degree from an accredited college or university.
+ Market experience with PJM, NYISO, ISONE, ERCOT or CAISO required.
Preferred Qualifications:
+ Generation modeling, hedging and optimization experience.
+ Understanding of Heat Rates, Spark Spreads, Physical and Financials
+ Experience trading power, capacity, FTR and/or fuels
Additional Knowledge, Skills and Abilities:
+ Be able to work in a fast paced and stressful environment, where organizational skills are essential to handle a multitude of tasks and interruptions while maintaining a high level of accuracy.
+ Superior oral, written, and negotiation skills with the ability to effectively communicate with various levels of internal and external stakeholders.
+ Advanced experience in Microsoft Excel.
The base salary range for this position is: $80,640 - $133,080. 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