Remote Senior Portfolio Manager

Summary

Join us at SB Energy, a leading company backed by SoftBank and Ares, to support the Asset Management group as a Senior Portfolio Manager. This role will lead DART and congestion product trading, coordinating with internal and external counterparties. The successful candidate will be an integral part of a team responsible for optimizing the profitability of a growing portfolio of operating assets.

Requirements

• Bachelor’s degree in quantitative discipline (e.g., finance, statistics, economics, math or related field)
• 8+ years’ experience managing generator offer strategies and trading power derivatives
• Strong Excel skills
• Experience with cQuant a plus
• Energy commodity trading support, congestion experience, and commercial decision-making experience
• Ability to drive time-sensitive deadlines with project management skills for cross-organizational coordination
• Experience working in ERCOT, CAISO, PJM, MISO, ISONE, NYISO, or SPP power markets a plus

Responsibilities

• Coordinates with Risk and Power Markets team to execute short-term trading strategies
• Coordinates with internal and external stakeholders on DART/PTP/CRR optimization tweaks and controls oversight
• Enters deals into ETRM
• Operate within pre-approved portfolio, asset and product risk limits, working under the ‘comply or explain’ principle
• Monitors any hedge and coordinates with Portfolio Manager, Power Committee, and Risk Committee on any correction needed
• Coordinates with settlements if necessary on any discrepancies
• Reports on trading activities
• Analyzes data and reports on trends, insights and strategies
• Runs scenario analysis in cQuant to determine optimum strategies given risk and return profiles
• Works closely with Transmission Analytics and Data Science teams to refine power flow models and congestion analysis to provide insight into revenue optimization
• Assists in determining reasons for LMP, basis or curtailment expectations different than the model

Benefits

• Comprehensive Medical, Dental, and Vision insurance: 100% premium covered by the company, for employees and dependents
• Long-Term Disability (LTD), Life Insurance, and AD&D Plans
• Competitive Retirement Benefits with 401(k) company match
• Generous Paid Time Off and 11 Paid Company Holidays
• Flexible working arrangements
• 12 weeks fully paid Parental Leave
• Flexible Spending Account (FSA) –​ Medical & Dependent FSA; Transit & Parking FSA with employer contributions
• Mental, Physical, Social Health Wellness Offerings with employer contributions
• Voluntary Legal ​Insurance Plan & Pet Insurance
• Monthly reimbursement for Phone/Internet/Data
• Phone Equipment Purchase Benefits
• Thoughtful Hybrid Workplace Set-up Benefits