Senior Manager, Commercial Asset Management

The Senior Manager, Commercial Asset Management will play a crucial role in the optimization of Jera America’s physical power asset portfolio. The role will be responsible for developing and implementing strategic plans and initiatives to maximize revenue, manage risks, and enhance the overall profitability of our power generation assets.

Requirements

• Manage the daily Day-Ahead bidding, the cash month and term strategy, and execute trades on behalf of natural gas-fired, oil, and renewable facilities power generation assets based on changing market conditions.
• Hedge, or direct the execution of hedges, for assets within established authority limits while actively managing credit and cash commitments per the Risk Management Policies governing the assigned assets.
• Work with plant operations, third-party energy managers, and fuel suppliers (intraday gas procurement) for optimal asset trading and optimization.
• Develop expert knowledge of asset contracts and provide for proper supervision and optimization of contractual commercial rights and responsibilities.
• Formulate short and long-term market views and forecast power, fuel, and emissions prices to optimize asset trading and hedging decisions.
• Daily monitoring and reporting on assigned energy asset activity.
• Lead and/or sponsor strategic initiatives for assigned assets, prepare and present to senior leadership.
• Collaborate on M&A and Development strategies related to potential transactions.
• Perform other duties and tasks as assigned.

Benefits

• Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.