Asset Manager, ERCOT (Finance)
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Job Summary
Job Description
Key Accountabilities
- Develops, builds, and maintains all Real Time desk tools
- Develops and maintains all Real Time Procedures to ensure compliance with ERCOT and NERC rules
- Act as a point of contact for ERCOT Asset Management with other groups and the plants.
- Support and review annual budgeting for gross margin by using knowledge of the assets, ERCOT and applicable markets.
- Understand drivers of net margin and cash flow and work with other groups to maximize the long term value of the ERCOT fleet.
- Communicate necessary information regarding gross margin to traders to support commercial decisions.
- Follow and provide SME input to Regulatory on changes to ERCOT Market Rules
- Provide analysis of generation and hedge positions.
- Understand the settlement process and ensure that all financial data is accurately reflected in systems.
- Work with Operations, Commercial Analytics and Risk to ensure that accurate plant parameters are reflected in DSO.
- Support ERCOT Operations in providing commercial analysis and maintaining commercial support.
- Act as a point of contact with ERCOT
- Provide ad hoc commercial support and analysis when needed.
Education, Experience, & Skill Requirements
- 5+ years' experience in Commercial Asset Management, Trading, or Market Analytics.
- Highly proficient in full complement of Microsoft Office products like Word and PowerPoint, and most importantly Excel (experienced in the creation and use of complex Excel-based models).
- The applicant should also be familiar with Commercial Business Model (CBM), Adapt2, and Endur
- Must be able to work in an active, fast-paced, and open environment that is frequently noisy.
- Excellent analytical and quantitative skills.
- Knowledgeable of power and fuel markets
- Demonstrated project management skills with the ability to guide and influence diverse project teams.
- Strong self-starter and taker of initiative with a demonstrable history of focused/timely successful completion/execution of key deliverables
- Excellent interpersonal and communication (both oral and written) skills.
- Ability to work productively and constructively in a collaborative team environment.
- General understanding of power plant operations, both coal and gas-fired plants.
- High school diploma or equivalent
- Experience gained through college degree programs and/or certifications is applicable to above skills
Key Metrics
- Achieve optimized risk and hedge portfolio
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Job Family
TradingCompany
Luminant Energy Company LLCLocations
Irving, TexasTexasWe are a company of people committed to: Exceeding Customer Expectations, Great People, Teamwork, Competitive Spirit and Effective Communication. If this describes you, then apply today!
If you currently work for Vistra or its subsidiaries, please apply via the internal career site.
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