Natural gas analyst (7259)

Support the North America case teams by working closely with Consultants and Partners, providing gas utility industry expertise, managing and processing research requests and assist Consultants with industry specific problems. Interact with both domestic and international case teams and use an extensive collection of internal and external information resources to gather, filter, synthesize, package and deliver insight. Participate in and manage internal content development. Assist others in navigating the knowledge network by connecting them with materials and people. Provide analytical services (e.g., benchmarking, primary market sizing, usage of practice proprietary tools). Provide sophisticated synthesis and packaging of results (e.g., Excel data manipulation, client-ready PowerPoint slides). Support Partners and Principals on proposal, lead preparation and other marketing activities. Promote innovation by recognizing new concepts and facilitating their capture  

Bachelors Degree in International Business Administration, Business Management, Economics or Engineering with demonstrated high academic achievements required; Masters’ is preferred. Must also have at least 3 years professional experience in the natural gas sector with a strong knowledge of the natural gas value chain. Experience in a Consulting Services firm or specialized academic research experience is a plus. Preferably familiar with a broad range of energy specific and business research sources. Must have proven research and analysis capabilities (including Excel). Local candidates only (Atlanta, Houston or Dallas). 

Senior DIRECTOR CREDIT RISK (7268) 

Effectively manage enterprise-wide credit function of risk management organization including regulated and deregulated natural gas and power hedging/trading activity, structured credit as well as development & integrated supply chain.  Lead liquidity management efforts, coordinating with front office, treasury, legal, etc. Oversee development of contractual or other risk mitigation alternatives to enable business with counterparties of varying degrees of creditworthiness.  Ensure credit risk policies/procedures approved by Executive Management are complied with, develop changes when warranted. Coordinate regular and ad hoc credit reporting to executive management as requested. Effectively manage departmental financial resources for maximum benefit to the company, effectively set and prioritize goals.

Bachelor's Degree in Mathematics, Statistics, Finance or Economics required (Masters Degree preferred). Must also have at least 8 years proven credit policy and or credit risk management/analytics experience in the energy industry (including clearing brokers, exchanges and ISOs). Strong knowledge and understanding of financial services preferred as well as superior management, interpersonal and organizational capabilities. Must also possess the ability to develop and communicate a vision to support business objectives. 

FOR THESE JOB OPPORTUNITIES PLEASE SEND RESUME TO: 
E-mail resume to: llaux@topcareers.com  
View all job openings at www.topcareers.com

Controller Power & Gas Trading 

We are searching for a professional for the following position.  The Controller will have extensive experience managing all functions of a large asset based trading shop.  This position will have 15 to 20 direct reports and has high profile interaction with the company’s senior management team.  Additional responsibilities include ongoing assessment of both back office systems and the development of skills and competence of the accounting and reporting team. 

Primary Functions:

Will exercise experience with preparation of Cash Flow Management, Working Capital Assessment, SOX Compliance, FAS133, FAS157, and additional reporting.  Will manage the relationship with external audit teams and drive the implementation, application and continued improvement of accounting systems.  This position will be responsible for the collaboration on employee issues such as, performance management, compensation, and development.  Works directly with the President in the preparation of forecasted cash flow.   

Requirements:

Must have at least five years experience managing in a physical and financial trading environment.  Bachelors in Accounting, Finance or related field.  Project Management, Budget, Forecasting and Accounting.  Must have strong capability in SOX controls.

CPA, MBA and experience in a Matrix organization is preferred. 

For additional information, please send your resume to:

shadnot@rwr.com

090304

Optimus is a premier provider of energy recruiting and staffing services.  For more information on this position, please email us at info@optimus-us.com.  We look forward to working with you on your next exciting career opportunity! 

Northeast Natural Gas Trader

Our client is seeking qualified candidates to join the organization’s commercial trading team to focus on Physical Northeast Natural Gas Trading.  This client is a solid asset-based organization with a focus on portfolio optimization for profitability.  

This role is responsible for the optimization of transportation and storage as well as daily cash trading for portfolio management.  

Key points of responsibility: 

• Physical cash trading for the Northeast
• Gathering and communicating information utilized in developing a fundamental market view of the region
• Optimization of available transportation and storage assets
• Developing reporting for and communicating a view of the intra-month position as it changes
• Providing support to scheduling other desk members to ensure that gas is nominated properly

A qualified candidate for this role should have at least the following characteristics: 

• 1 to 3 years physical gas trading experience in the Northeast
• 5 or more overall years of experience in natural gas trading, operations or risk management
• Experience with the appropriate trade instruments necessary to manage the portfolio
• A bachelor’s degree in finance, economics, mathematics or similar discipline

Director Structuring

This role is for a senior professional to be responsible for the pricing and structuring of all sales and supply transactions for the gas and power business unit. This client is a major player in the commodity-trading arena with both a marketing and trading presence as well as a considerable asset base. 

Some key points of responsibility will be:

• Identifying the risk components and pricing characteristics of all complex transactions
• Developing and managing the models and reporting infrastructure necessary to provide consistent, repeatable and competitive pricing to win deals
• Pricing all complex transactions and developing transaction structures that meet the customer’s needs
• Participating and Interacting with Marketing and Origination, Credit, Legal and other key organization functions where necessary to complete RFP and Deal Evaluation processes
• Ensuring that all pricing and structures meet with the organization’s internal risk-return as well as compliance/controls guidelines
• Assisting commercial teams with complex negotiations where necessary
• Growing and directing a team of analysts to senior professionals

A qualified candidate for this role should have at least the following characteristics: 

• 8 or more years experience evaluating transactions and structuring appropriate pricing and deal types to successfully win business
• A broad knowledge of Natural Gas and Power Transactions including PPAs, Tolling Agreements, Transmission and Storage
• Experience developing standardized models that can be utilized and supported in a repeatable fashion
• Experience developing and mentoring the professional growth of other team members
• An advanced degree in engineering or other mathematically based discipline.

Preference may be given to candidates who can also demonstrate:  

• A solid understanding of the RFP and Deal Evaluation processes for Utilities
• Experience Structuring transactions in a Banking Environment
• Experience in Renewable energy

Manager – Business Development

A key Optimus client is seeking a senior professional to take the lead on the economic evaluation, pricing, and structuring for asset acquisitions in the natural gas business unit. This position will provide first in line support to the senior executives in Business Development with a solid opportunity to participate in customer and banking negotiations.  This is an excellent opportunity to see the process all the way through from deal start to ongoing operation. 

Some key points of responsibility will be:

• Evaluating and structuring new business transactions, negotiating deal terms and legal documents, and supporting the credit approval process for various complex transactions including:
• Asset Acquisitions and Joint Ventures
• Long-term Structured Deals
• Project or Transaction Financing
• Developing and managing the models and reporting infrastructure necessary to provide consistent, repeatable and competitive pricing as well as internal return analysis (IRR/NPV)
• Ensuring that all pricing and structures meet with the organization’s internal risk-return as well as compliance/controls guidelines
• Preparing and managing operating and capital budgets
• Reporting on ongoing profitability of executed business

A qualified candidate for this role should have at least the following characteristics: 

• 8 or more years experience in energy business development and project finance
• A solid knowledge of Natural Gas assets including Transportation and Storage
• Experience developing standardized financial models that can be utilized and supported in a repeatable fashion
• A solid understanding of budgeting, forecasting and reporting of operational resultts
• An advanced degree in finance, engineering or other mathematically based discipline.

Senior Executive – Energy Trading Accounting and Finance

A key Optimus client is seeking qualified professionals to direct and operate the trade accounting and finance function for a global commodities trading and marketing company.  The team will be responsible for the direction and completion of the following: 

• Trade Profit and Loss Reporting
• GAAP Accounting and Financial Reporting for Trade Activity
• Cash Management, Funding Analysis and Reporting
• Interest Rates and Foreign Exchange Rates Management
• Financial Accounting Treatment of New Business
• Regulatory Reporting
• Process and Systems Controls
• Other Relevant Management Reporting

These leadership positions require: 

• Significant history of being responsibility for the financial accounting of trade operations ideally including physical and financial energy commodities
• The ability to set direction and manage teams to ensure the successful completion of area responsibilities
• Strong communication skills with the ability to interact with key organization functions including trading, other areas of finance and tax
• An advanced degree with a focus on Finance and Accounting, CPA preferred

A more detailed description of each available role and client environment can be shared with and discussed with interested professionals.

Lead Analyst – Gas Scheduling and Reporting

Our client is seeking qualified candidates to join the organization’s asset operations team to focus on natural gas scheduling and portfolio risk management.  This client operates natural storage and pipeline assets in the Gulf Coast region.  

Some Key Responsibilities Include: 

Gas Scheduling:

• Nominating daily and monthly gas deals with customers for storage and pipeline activity
• Communicating with counterparties for scheduling and managing imbalance volumes
• Working with customers to execute or update contracts as needed
• Providing assistance to back office for monthly reconciliation and close activities

Risk Reporting:

• Entering all transactions into the Risk Management System
• Tie out transactions with trading and with third party brokers
• Ensure daily curve marks are timely and accurate
• Produce end of day and end of month MTM and Actualized P&L

Settlement:

• Settle all transportation for invoicing and balance all physical volumes
• Actualize FOM physical valuations

Qualifications: 

• 5 or more years in Gas Scheduling and Risk Reporting/Settlements including transportation and storage
• Strong problem solving skills
• Strong Customer services skills
• Proficiency in PC applications such as Excel, Access and Word
• Ability to multitask, manage multiple projects and meet hard time deadlines
• A personable team player with a good attitude

Development Manager

The Development Manager has responsibility for a team of developers focused on consistent and quality delivery in an fast-paced, demanding trading environment. 

Responsibilities:

• Organizes and manages the daily workload and priorities for the development team to meet production support and project requirements.
• Mentors and provides performance expectations and feedback to each individual developer.
• Establishes performance criteria for code review and organization.
• Organizes development estimates and provides regular, organized status updates.
• Communicates with Project Managers, Production Support, Business Analysts, and Architects regarding proposed solutions, timelines, and requirements.
• Defines and creates standards and guidelines for change control and ensures each team member if following the defined controls.
• Understands architecture models/standards and the short and long term technology plans to support the business operations.
• Educates the development team on the architecture plans and standards.
• Ensures the quality of the deliverables and helps resolves any issues with requirements.
• Assists in assessing options, risks and cost-benefit as it pertains to software, integration, data architecture, security, and other technology issues
• Establishes, participates and maintains relationships with business and technology teams to allow for successful completion of development initiatives.
• Works closely with the Architects and Project Managers to plan ongoing feature development and projects and product maintenance.
• Mentors junior team members in industry best practices, procedures, and concepts

Required Background:

• Successful management of development team. Ideally in a global organization.
• Project management skills and organization of deliverables
• Expertise in SDLC and Change Controls
• Evidence of successful project completion and transition to production support.
• Expertise in the evaluation of technology solutions and capabilities to ensure alignment with business objectives and identify areas of risks and opportunities

For more information on these positions, please email us at info@optimus-us.com or view more details at www.optimus-us.com .  We look forward to working with you on your next exciting career opportunity!

New Jersey Resources (NYSE:NJR), a Fortune 1000 company, provides reliable retail and wholesale energy services to customers in New Jersey and in states from the Gulf Coast to New England, and Canada. Its principal subsidiary, New Jersey Natural Gas (NJNG), serves more than 482,000 customers in central and northern New Jersey. Other major NJR subsidiaries include NJR Energy Services and NJR Home Services. NJR Energy Services is a leader in the wholesale energy services market, providing customer service and management of natural gas storage and capacity assets. NJR Home Services offers retail customers heating, air conditioning and appliance services. NJR's progress is a tribute to the more than 5,000 dedicated employees who have shared their expertise and focus on quality through more than 50 years of serving customers and the community to make the company a leader in the competitive energy marketplace.

SENIOR RISK ANALYST

Responsible for the oversight, development, and preparation of all the market risk for business, as well as the preparation and analysis of all reporting utilized in the oversight function.

Primary Responsibilities

• Perform daily review of transactions executed by Front Office to ensure that they are being executed within approved strategies/limits
• Lead the daily monitoring of all trading activity, both physical and financial, to facilitate proper reporting of their risks and transaction capture and processing.
• Manage the daily close of the trading books
• Run (and develop as necessary) risk reports from ZaiNet and other systems to enable risk reporting and analysis
• Perform various market price validation routines, and develop new processes as necessary/required for new markets and products
• Develop and improve as necessary risk reporting tools such as VAR, EAR, Stress testing, etc.
• Develop, implement and maintain models for independent complex deal valuation and pricing
• Coordinate with Back Office and Accounting
• Monitor control environment, including Sarbanes-Oxley requirements
• Assist in the Preparation of quarterly and annual information for inclusion in press releases, 10-K and 10-Q external reporting to investors.

Position Specifications:

The ideal candidate must have a Master’s degree in Mathematics, Statistics, Finance or related discipline, and minimum of five years of risk analysis experience. He/she must possess knowledge and experience with ZaiNet and have knowledge of the natural gas industry and hedging and risk management practices. In addition, this candidate must possess exceptional organizational skills, have a demonstrated track record of process improvement, and ability to interact in a helpful manner with fellow employees and senior management.

Forward resumes to raumack@njresources.com

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Energy Contract Originator

Job Ref# NB60196191EA

Basic Qualifications: Must have experience in the Energy industry.

Core Competencies:

• Bachelor Degree in Business, Economics, Finance, Engineering or an equivalent combination of education, training, and experience.
• Typically possesses five or more years experience in functions related to electricity trading or marketing, contract management, and/or project management plus two or more years of supervisory or program management experience.
• Demonstrated experience with financial and/or physical markets for energy.
• Demonstrated knowledge of and experience with deregulated energy markets, related to both physical operations and regulatory structure.
• Demonstrated experience with EEI and/or ISDA master agreements.
• Demonstrated experience analyzing complex financial, regulatory and/or business problems.

Typical Responsibilities: The successful candidate will work in the Power Contracts group with Energy Supply & Management. The primary function is negotiating and administering medium- and long-term contracts with existing generators, power marketers, and new generating facilities that range in term and value from two years to tens years and between $5m million to $500 million respectively. As the primary point-of-contact with counterparties, the Contract Manager is responsible for maintaining SCEs relationships with suppliers throughout negotiations of new agreements, amendments and on-going contract administration. The Contract Manager is also tasked with supporting SCE's power and emission trading functions by negotiating agreements that enable trading while limiting credit and legal risks to SCE. The job will require constant monitoring and analyzing of contract requirements and making recommendations to management regarding strategy for maximizing the benefits of supply contracts. Contract Managers work closely with the Planning, Day-Ahead, Real-Time, Risk, Credit, Law and Settlement groups with primary responsibility to ensure the proper utilization and management of the contracted power supplies.

Edison International and Southern California Edison reserve the right to close or cancel a posting at any time.

Edison International is an Equal Opportunity Employer.

Apply through www.edisonjobs.com

090618

Portfolio and Contract Valuation Project Manager

(Job Ref# NB60198335EA)

Location: Rosemead, CA

Basic Qualifications: Must have energy industry experience. Must have project management experience.

Core Competencies:

• Bachelor degree in Economics, Finance, Statistics, Engineering, Computer Science, Mathematics or a related quantitative discipline, or an equivalent combination of education, training, and experience.
• Typically possesses seven or more years experience in forecasting, planning, and fundamental modeling in energy markets; plus five or more years of supervisory or project management experience.
• Demonstrated experience developing financial models for valuing assets in competitive power, capacity, and natural gas markets.

Typical Responsibilities: The successful candidate will work in the Portfolio Development group in the Energy Planning Department. Typical responsibilities include: participating in the planning process that guides the companys long-term participation in gas and electric markets; taking a lead role in simulating dispatch of Southern California Edison's supply portfolio using fundamental dispatch modes; supporting contract/resource valuation; verifying input and output data; improving the fundamental modeling of market data; performing after-the-fact analyses on procurement and planning activities; performing market analyses and regulatory filings; supporting the evaluation of offers for the sale or purchase of electricity and natural gas; assisting in the development of new software systems and tools to facilitate the enhancement and automation of reporting and planning tasks; providing ad-hoc support for regulatory filings in the California Public Utilities Commission; developing testimony on analytical issues, as well as the operation of resource optimization models; documenting energy planning activities; developing risk management strategies; training junior analysts and new hires of the Planning Group on the least-cost simulation model and performing; other duties as required.

Edison International and Southern California Edison reserve the right to close or cancel a posting at any time.

Edison International is an Equal Opportunity Employer.

Apply through www.edisonjobs.com

090618