Senior Manager, Power Marketing And Market Analytics

Summary
Manage merchant revenue streams such as capacity, RECs, reactive power for operational LSbp US projects and associated risk mitigation market strategies. Negotiate bilateral commodities contracts. Be a subject matter expert on revenue risks and mitigations, as well as RTO markets, FERC and other policies and regulations impacting solar and storage development. Collaborate with Asset Services and the Investment Management team to optimize the portfolio of operational assets.

Duties and Responsibilities
•    Structure commercial transactions for merchant energy, capacity, RECs and/ or other commodities, across various regions and tenors
•    Work with a wide range of wholesale market counterparts such as utilities, trading companies to negotiate deals
•    Support the revenue management and optimization of the current portfolio of assets, including management of Day Ahead-Real Time spread, and basis/congestion
•    Demonstrate effective communication skills, both orally and written, when sharing work product and when communicating with internal and external stakeholders
•    Support the team in the development of innovative market pricing structures

Knowledge
•    Understanding of power markets, with focus on solar and storage
•    Understanding of utility-scale solar and storage development processes
•    Effective communication skills, both oral and written
•    Experience working across teams and functions to deliver results
•    Ability to efficiently and effectively articulate complex and ambiguous information in a concise and accurate manner
•    Strong results and detail orientation
•    Comfort working in fast-paced environments 

Qualifications 
•    Bachelor’s degree required, Master’s degree is a plus

Experience 
•    5-8 years’ experience in power markets, preferably in the storage, solar or clean energy industry 
•    Strong understanding of energy markets structures and value streams, including energy, Renewable Energy Certificate (RECs), capacity and ancillary services
•    Experience negotiating transactions with counterparties across the industry
•    Understanding of renewable project fundamentals including project development, business development, financing

Personal qualities 
•    Solid understanding of energy markets and commodities products
•    Strong commercial acumen and business development skills
•    Strong interest in current and future market trends in energy industry, particularly for utility-scale solar and storage technologies
•    Self-starter and highly motivated to be a strong team contributor
•    Ability to handle complex and highly ambiguous scopes of work
•    Ability to effectively and efficiently prioritize work with minimal supervision
•    Flexible approach to addressing opportunities and challenges in a fast-paced business environment, while maintaining a professional demeanor

Lightsource bp is an equal opportunity employer. We evaluate qualified applicants without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, veteran status, and other legally protected characteristics.
This position requires satisfactory proof of COVID vaccination or your obtaining an approved accommodation or exemption that exempts you from compliance with the mandatory COVID vaccination requirement in accordance with applicable law. “Fully vaccinated” means that at least two weeks have passed since the administration of the second dose of either the Pfizer or Moderna vaccine or the first dose of the Johnson & Johnson vaccine.

· US team members are entitled to medical benefits, life insurance, dental benefits, vision benefits and short- and long-term disability benefits. Lightsource bp pays for the first $800 of the monthly insurance premium. For staff members with dependents, Lightsource will cover 50% of the costs of covering dependents. The team member contributes the remainder of the premium, if any, through pre-tax payroll deduction.
· Lightsource bp offers US team members immediate eligibility for a 401(k) plan, with a 3% nonelective employer contribution.
· Our team members are eligible for a discretionary annual bonus, calculated based on corporate, team and individual objectives. Team members in the US may receive an additional 50% of their annual bonus in a “retention bank” as well, available for withdrawal after three years of bonus awards have accrued.
· Lightsource bp currently observes the following 11 holidays in the US: New Years Day, Martin Luther King, Jr. Day, Presidents’ Day, Memorial Day, Juneteenth, Independence Day, Labor Day, Thanksgiving, Day after Thanksgiving, Christmas Eve and Christmas Day.
· US team members accrue 20 days of vacation and 15 days of sick leave annually. All team members are also eligible for COVID-19 leave.
· Team members in the US enjoy a hybrid work environment.
· US team members receive a monthly personal phone bill reimbursement of up to $100 and a monthly commuter benefit of up to $150. Team members also receive one-time wellness and remote work allowances

Our company is a place where you can be yourself and grow; a place where your ideas and opinions matter. 
Be you: We pride ourselves on being an inclusive community, where every individual is valued and treated with respect.
Be responsible: Our culture is driven by our core values. From operating safely to ensuring our solar projects are responsible and promote biodiversity.  
Be recognized: Alongside a competitive salary, we offer a variety of benefits including annual bonus, retention bank, health insurance, pension and other local benefits. 
Be inspired: Beyond your day-to-day working life at Lightsource bp, there’s a variety of initiatives that will contribute to your own personal development. Initiatives to get involved with including our charitable causes, supporting our solar honey project or our sustainability initiatives. 
Our Core Values: Lightsource bp truly cares about creating a sustainable future through safe, responsible and meaningful low carbon energy projects. Our core values of Safety, Integrity, Respect, Sustainability and Drive are the guiding principles for everything we do.  
https://www.lightsourcebp.com/careers/