Who You Are
As a Senior Associate withing the Structuring Group, you will be responsible for supporting the origination, evaluation, negotiation, and closing of utility-scale wind and solar contract negotiations for the Commercial organization.
As the Structuring Senior Associate, you will be exposed to a broad set of contracts and problems to solve as you collaborate with Scout's Origination and Finance teams. You will be charged with identifying risks and summarizing potential issues in PPA structuring efforts.
Your ability to effectively problem solve and work cross-functionally with other teams will lead to the Commercial organization's success in closing economically advantageous Power Purchase Agreements.
You should have previous experience supporting commercial contract negotiations and be generally familiar with commercial contract structures.
Key duties in your role will include the following:
•Support the negotiations and help to manage multiple (2-3) complex sales transactions at a given time, including long-term Power Purchase Agreements (PPAs) with utilities and C/I customers.
•Cultivate relationships with potential counterparties.
•Build collaborative relationships with other teams within Scout, including Development, Finance, Interconnection, Acquisitions, and Operations to solicit input during the negotiation process.
•Support negotiations through analysis and relationship management
•Strong interest in structuring commercial deals and managing risks (market and project).
•Build strong relationships across the organization and at multiple levels.
•Participate in and support other corporate initiatives as assigned.
Requirements
•Bachelor's Degree required with a concentration in Business, Finance, or Economics preferred.
•2-4 years of experience in utility-scale renewable energy development
•Working knowledge and understanding of power market concepts including basis risk, hedging, losses, and congestion.
•Reliable, resourceful, inquisitive, with relentless attention to detail
•Ability to concisely frame issues by providing context, analysis, and risk/benefit tradeoffs, both in written, verbal, and presentation format.
•Driven, hard-working individual with high standards for self and others.
•Expert with MS Excel and highly skilled with other MS Office products
•Ideally have knowledge of power markets, commercial structures, and/or futures and options market concepts.
•Preference for having experience analyzing commercial deal structures.
Timeline and Location
We will review resumes for this role on an ongoing basis with a start date as soon as possible.
Our ideal candidate is located in Boulder, CO or would be willing to relocate to the Boulder area in order to commute to our Boulder office on a 3/2 hybrid schedule.
Scout's Values
•Mission-Orientation. High achievers who want to make a difference in this world and contribute to Scout's stated mission.
•Teamwork. Respectful and appreciative colleagues with strong interpersonal skills and a commitment to fostering positive relationships across organizational boundaries to deliver on shared team goals.
•Safety. Uncompromising advocates for the health and safety of fellow employees, contractors, customers, and community members.
•Integrity. Ethical professionals who do the right thing even when it is difficult.
•Initiative. Resourceful self-motivators who thrive in a fast-paced, entrepreneurial environment because of their exceptional leadership, work ethic, and organizational skills.
•Intelligence. Problem-solving learners who can make informed decisions quickly and create innovative and pragmatic solutions to challenging problems.
Invitation to Women and U.S. Underrepresented Groups
We encourage applications from all demographics and especially those that are traditionally underrepresented in the energy industry. Consistent with our core values, Scout celebrates the diversity of thought and experience that comes from a range of backgrounds including, but not limited to, gender, race, and ethnicity.
Invitation to Veterans
Scout welcomes veterans of the United States Armed Forces to apply for this position. Scout includes veterans of all branches and a diverse set of occupational specialties. We value the independent thinking, problem solving, leadership, and teamwork that our veterans have developed through their service. We welcome applications from any service and any military occupational specialty.
Benefits
Target base salary: $95,000 - $110,000
Attractive bonus potential.
Scout offers a full range of benefits, including medical/dental/vision insurance with attractive premiums, 401(k) match, STD, LTD, an Employee Assistance Program, and a range of optional supplemental insurance coverage.