Position Specific Description
NextEra Energy Marketing (NEM) is one of the nation's leading electricity and natural gas marketers, and a key player in energy markets in the United States and Canada. NEM is responsible for electricity and fuel management for all of NextEra Energy Resources' generation fleet, which includes the largest renewable energy portfolio in North America. NEM provides a wide range of electricity and gas commodity products as well as marketing and trading services to electric and gas utilities, municipalities, cooperatives and other load-serving entities, as well as to owners of electric generation facilities
Responsibilities
The analyst will deliver timely and accurate reporting and analysis of exposures, risks, P/L explanation and working capital. He or she will apply advanced analytic & modeling techniques to assist in developing solutions and frameworks for viewing and explaining the risk in the trading portfolio to a variety of constituents, from individual traders to senior executives. Superior candidates will have experience Interfacing with front, middle, and back office to understand and analyze trading activity and how it impacts the broader business.
* Develop a deep understanding of trading business, exposures, strategies and market fundamentals
* Monitor trading portfolios to ensure consistency with planned strategy
* Prepare technical and fundamental analysis of energy markets and portfolio risks
* Work with origination, risk management and trading to define and evaluate risks on potential transactions
* Support month-end and quarter-end close process, in conjunction with the Accounting, to generate timely and accurate results for subsequent consolidation and reporting to senior management
* Support ad hoc reporting requirements and/or special projects, developing and improving upon data visualizations and reports
Preferred Qualifications
Bachelors Degree in Finance, Accounting, Financial Mathematics, Economics, Actuarial Science or another quantitative field, 5+ years of relevant experience.
Preferred: Masters in a quantitative field, MBA or financial certification including CFA, ERP, CPA, CERA or FRM
* In-depth knowledge of domestic electricity and natural gas markets
* Knowledge of modelling and valuation of Mark-to-Market and Value-at-Risk
* Physical and financial options valuation experience
* Experience in Risk Management, Accounting or Trading Analytics
Technical Competencies
* SQL: Oracle, SQL Server or other enterprise RDMS
* Knowledge of SAS, R, Python, Matlab, or @Risk
* Microsoft Office: Advanced Excel, VBA, PowerPoint
* Business Intelligence: Power Pivot, Power BI, SAS Visual Analytics, Tableau, etc.
General Skills / Attributes
* Ability to work collaboratively with a variety of individuals in a variety of functions (e.g. traders, origination, accounting, management)
* Highly motivated individual who can work long hours when needed
* Must be able to deliver results under tight deadlines
* Good problem-solving abilities
* Must be adaptable to a changing environment
* Must be a good team/individual contributor
* Strong written and verbal communications skills
Job Overview
This position is responsible for ensuring the energy marketing functions are operating in a controlled environment and within established risk management limits. Employees in this role review daily trading position exposures, including time and location spreads, cross commodity arbitrage, options and hedging activity against approved limits. This position works with the Front Office and Risk teams to understand new and existing trading strategies for risk review and reporting and ensures correct application of pricing methodologies.
Job Duties & Responsibilities
* Conducts daily transaction exposure analysis and review including troubleshooting and investigation of Profit and Loss and Value at Risk movements
* Ensures accuracy of pricing data within the Risk systems on a daily, monthly and quarterly basis
* Performs daily deal verification procedures and independent price verification at regular intervals
* Coordinates with the Systems team to complete new pricing requests and enhance processes and reporting tools
* Communicates price disclosures to appropriate parties
* Completes quarter end and SOX related processes
* Works with origination and other front office groups to interpret valuations, respond to trader requests, and evaluate structured transactions
* Prepares presentations for management to explain and review risks and trading strategies
* Supports medium and long term projects within the group aimed at increasing efficiencies and coverage of the controls
* Performs other job-related duties as assigned
Required Qualifications
* High School Grad / GED
* Bachelor's or Equivalent Experience
* Experience: 3+ years
Preferred Qualifications
* None
Juno Beach, FL
NextEra Energy, Inc., through its subsidiaries, generates, transmits, distributes, and sells electric power to retail and wholesale customers in North America. The company generates electricity through wind, solar, nuclear, and natural gas-fired facilities. It also develops, constructs, and operates long-term contracted assets with a focus on renewable generation facilities, natural gas pipelines, and battery storage projects; and owns, develops, constructs, manages and operates electric generation facilities in wholesale energy markets.
As of December 31, 2018, the company operated approximately 24,500 megawatts of net generating capacity. It serves approximately 10 million people through approximately 5 million customer accounts in the east and lower west coasts of Florida with approximately 75,200 circuit miles of transmission and distribution lines and 645 substations. The company was formerly known as FPL Group, Inc. and changed its name to NextEra Energy, Inc. in 2010. NextEra Energy, Inc. was founded in 1925 and is headquartered in Juno Beach, Florida.