TotalEnergies

Structured Power Trader

Houston, TX

full_time

About This Job

Contexte et environnement

Electricity is the energy of the 21st century. To answer responsibly, TotalEnergies is investing significantly in solar and wind power in order to become one of the global top five producers of renewable energy by 2030. The Company is developing a portfolio of assets and operations across the electricity value chain to ensure that electricity accounts for 40% of its sales mix by 2050. The Company is also investing in batteries and hydrogen while developing its power retail activities.

PURPOSES

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Contribute positively to the P&L by developing and managing the portfolio of assets.

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Extend the commercial capabilities of the Company by developing innovative trading approaches in order to manage and mitigate market risks of intermittent production.

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Liaise with and strengthen relationships with all internal stakeholders: other trading and origination desks, support functions (operations, legal, middle and back offices, research and market analysis, IT), Finance/Credit departments, Company’s development and strategy teams.

Activités

The Structured Power Trading team operates within GRP (Gas, Renewables & Power) Trading division to manage market exposures mostly linked to renewable power activities. The team will also act as the Company’s subject matter expert and provide market intelligence internally. The main job responsibilities will include:

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Build a profitable and risk-balanced portfolio (P&L responsibility).

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Price and risk manage a portfolio of products that includes Basis risk, Flex products and Ren Assets.

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Identify, analyze, and quantify risks in order to propose and build relevant hedging strategies.

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Convert quantitative observations into business and strategic recommendations.

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Assist in the development and implementation of risks and P&L reporting.

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Develop the required tools and methodologies to price and risk manage a renewable and flexible assets portfolio.

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Price and quote commercial opportunities brought by the Origination teams while advising on contractual terms.

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Interact with other trading desks and support function teams to leverage the Company’s expertise.

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Collaborate with Research and Market Analysis to better assess illiquid prices and volume risks per technology and geography (e.g. Long Term prices, regional capture rates, etc.).

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Maintain a current and rigorous knowledge of financial market regulations in the markets we operate.

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Act as subject matter expert and provide the Company with market intelligence that might impact the power activities’ development.

DIMENSIONS

The Structured Power Trading team operates within the Trading division to consolidate and manage power exposures coming from the development of the Company’s renewable activities. The Structured Power Trading team identifies market opportunities as well as support various internal teams in charge of renewable development and retail activities

Profil du candidat

You are someone who possesses the following experience and credentials:

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Bachelor’s degree in a quantitative field of study such as engineering, economics, finance, etc.

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5+ years of relevant industry experience within a Gas, Renewables or Power company, a Trading house or a bank, developing, trading and risk managing a portfolio of renewable assets.

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Knowledge of pricing and management of flexible products such as hydro or batteries.

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Demonstrated experience pricing and risk managing congestion products such as CRR and FTR.

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Demonstrated track record of pricing and risk managing US PPA is required.

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Strong analytical skills required, coding skills a plus.

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Strong interpersonal skills with an ability to keep a positive team spirt while working under pressure.

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Fluent in English, French fluency a plus.

Informations supplémentaires TotalEnergies valorise la diversité, promeut le développement individuel et offre des opportunités d'emploi égales à tous les candidats.

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