Senior Manager, Valuation & Pricing
United States / Canada
Commercial – Origination & Trading /
Full-time, remote /
Remote
Company Overview
Intersect Power is a team of friends driven to preserve our planet for future generations through low-carbon energy and infrastructure solutions. Founded in 2016, the privately held clean energy company develops and owns some of the world’s largest clean energy resources serving customers in retail and wholesale energy markets across North America. The company is redefining the scope of the clean energy industry by enabling new pathways between clean electricity and the broader economy to enable the deep decarbonization of our economy. We are on an aggressive growth trajectory and are staffing key positions.
About This Position
Intersect Power currently owns, operates, and markets a portfolio comprising 2.2 GW of PV and 2.4 GWh of co-located BESS capacity in CAISO and ERCOT. Multiple new PV and Battery Energy Storage System (BESS) assets are currently in development and scheduled to begin operations in the next few years. This includes the addition of co-located energy loads (e.g., high performance computing, hydrogen, ammonia, and other clean fuels).
Within the Origination and Trading department, the Pricing and Valuation team’s main goal is to improve performance by providing analytical support for originators and traders. We are hiring a Senior Manager, Pricing & Valuation to develop, maintain, and optimize power flow based tools that support the marketing of our growing portfolio. Specifically, we are looking for a candidate with experience in leveraging power flow models to create, implement, and optimize risk-adjusted marketing and trading strategies (e.g., virtuals/contingency trades, BESS optimization, CRRs, options, and swaps).
Responsibilities And Duties
- Lead the selection and implementation of a power flow model to support short- to medium-term trading activities;
- Develop automated workflows–leveraging power flow model results–to improve trading outcomes;
- Support the development of strategies that optimize the marketing performance of our BESS fleet;
- Lead the development of data support and automation tools (e.g., dash enterprise, Power BI, etc.) in coordination with our trading and origination teams;
- Working collaboratively with traders and our Risk Department, develop and propose trading strategies and products that align with our core strategy to improve performance;
- Advocate for and apply ModelOps/DevOps best practices in documenting, backtesting, and maintaining our team’s growing code base and model repositories.
Qualifications And Skills
- Passion and curiosity for optimizing and marketing renewable energy;
- Advanced knowledge of electricity & gas markets and trading. Experience in ERCOT and/or CAISO is preferred;
- Advanced experience in configuring, automating, and maintaining power flow models and demonstrated ability to apply in a trading environment (e.g., DAYZER, Plexos/Aurora, PROMOD);
- Advanced knowledge of optimization techniques related to the creation of risk-adjusted return strategies;
- Demonstrated proficiency with Python programming (i.e., fluency in Pandas, NumPy, SK-Learn, Statsmodels, Scipy, Dash/Plotly);
- Knowledge of Power BI or other equivalent reporting platforms;
- Knowledge of time-series modeling and stochastic processes;
- Knowledge of SQL is required;
- Familiarity with Trade Capture Systems and Google’s Cloud Platform is preferred;
- Experience working in a trade floor environment;
- Commercially-minded with an understanding nature of business/revenue generation;
- Excellent oral and written communication skills;
- 8+ years of experience in a quantitative role;
- Graduate degree in a quantitative discipline is preferred.
*A note on qualifications: Studies have shown that women and people of color are less likely to apply for jobs unless they believe they are able to perform every task in the job description. We are most interested in finding the best candidate for the job and will consider any equivalent combination of knowledge, skills, education and experience to meet minimum qualifications. If you are interested in applying, we encourage you to think broadly about your background and skill set for the role.
Physical and Sensory Requirements
- Mostly sedentary work; using standard office equipment including: a computer, keyboard,
- Position is part of a remote team, with regular electronic and video communication
- Position requires some travel for company-wide meetups: ~4 weeks total through a calendar year.
Reasonable Accommodations are available, including, but not limited to, for disabled veterans, individuals with disabilities, and individuals with sincerely held religious beliefs, in all phases of the application and employment process. To request an accommodation please email hr@intersectpower.com.
Salary & Benefits
- Salary: USD$150,000- USD$ 160,000 base salary with 20-40% annual target bonus
- Exceptional Healthcare: Access comprehensive medical, dental, and vision plans with 100% premium coverage for both you and your dependents.
- Financial Security: Benefit from a 3% non-elective employer contribution to your 401k or RRSP, ensuring your financial future is on the right track.
- Time Off: Unlimited Paid Time Off (PTO) + two company-wide vacation weeks (Fourth of July & End of year). We believe in the importance of rest and relaxation.
- Family-Friendly Policies: Experience up to 12 weeks of fully paid parental leave, with an additional 6 weeks for birth parents. We support you through the exciting journey of parenthood.
- Mental Health and Well-being: Access mental health and behavioral coaching services through Ginger, providing you with the support you need to thrive both personally and professionally.
- Family Planning Support: Navigate family planning with ease through our partnership with Carrot, ensuring a seamless experience for new parents.
- Perks: Enjoy a variety of perks, including a $150 USD monthly food stipend on Grubhub and a pet insurance allowance. We care about the little things that make a big difference.
- Tech-Ready: Gear up with our new hire tech package, including a laptop, monitor, docking station, webcam, headphones, and more. Set up your home office with provided furniture, including a desk and chair.
At Intersect Power we believe in fostering a supportive and enriching environment for our team members. Join us and experience a workplace that truly values you, inside and outside the office!
Note: We welcome applicants who do not have current enforceable non-compete restrictions that would hinder their employment with us. If you are currently under a non-compete agreement with a previous employer, we kindly request that you carefully review the terms of that agreement and ensure that your potential employment with us does not violate those terms.
Unsolicited resumes or referrals from third-party recruiting firms or agencies are not accepted by Intersect Power.
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