Managing Director, Market Fundamentals

Managing Director, Market Fundamentals & Structuring (San Francisco, CA)

Leverage advanced knowledge of marketing and finance principles to lead the analysis of the energy markets across North America, maintain up-to-date market models, and develop comprehensive market views and forecasts detailing market trends in energy, basis, capacity, renewable energy, and ancillary services. These views and forecasts are key inputs for investment decisions for our onshore/offshore wind, solar, and storage projects our Company chooses to invest in. Will also be involved in overseeing financial hedging activities and similar business development corporate strategies for our Company. Specific duties include:

• Build and maintain internal capabilities to analyze market risks within the energy landscape across North America including policies, market rules, power grid, and technology trends and their impact on renewable assets.
• Generate comprehensive market views on renewable/storage demand, market conditions, competitiveness, growth drivers, revenue streams, risk factors, technology innovation, and strategic opportunities.
• Develop and maintain price forecasts and revenue models used to run market simulations, valuations, and performance analyses.
• Lead development of quantitative methodologies to value various revenue streams for storage assets both short and long term.
• Collaborate with Business Development, Origination, Asset Management, External Affairs, and other internal teams to support various projects by performing revenue, basis, curtailment, negative price protection, PPA, risk, and policy impact analyses.
• Lead the internal review and adoption of forward price curves and provide accessibility and transparency of assumptions to internal stakeholders.
• Cultivate an inclusive and empowered culture within Energy Management team and Clearway.
• Build trusted relationships through effective coordination and communication with internal/ external stakeholders.
• Engage staff in their professional development, providing direct support and enlisting other resources where needed.
• Supervises 8 professionals with titles, including: Sr Associate, Fundamental & Transmission Modeling; Sr Manager, Fundamental & Transmission Modeling; Sr Associate, BESS Modeling; and Director, Structured Pricing and BESS Modeling. All within the the Specialty Occupation of 13-2051.00 -Financial and Investment Analysts.

May telecommute 100% of the workweek from any U.S. location.

Minimum Requirements: Master’s degree or foreign equivalent degree in Business Administration, Marketing, Finance, or closely related quantitative field, plus eight (8) years of experience performing energy trading, risk management, market fundamentals and development. Experience, which may be gained concurrently, must include the following:

• Eight (8) years of experience building teams and internal capabilities to analyze market risks within the energy landscape across North America including policies, market rules, power grid, and technology trends and their impact to renewable assets.
• Eight (8) years of experience generating comprehensive market views on renewable/storage demand, market conditions, competitiveness, growth drivers, revenue streams, risk factors, technology innovation, and strategic opportunities for greenfield development and M&A.
• Eight (8) years of experience developing and maintaining price forecasts and revenue models used to run market simulations, valuations, and performance analyses.
• Eight (8) years of experience leading the development activities of internal storage modeling capabilities for both short- and long-term energy storage projects.
• Seven (7) years of experience leading multi-functional teams within the energy storage sector.

Job site:  100 California Street, Suite 650, San Francisco CA 94111. 40 hours per week, 9:00am to 5:00pm. Salary: $378,560 per year plus standard employee benefits. Send resume to Clearway Energy Group, Attn: Alexandra Farias, Human Resources Manager, 1200 Smith Street, Suite 600, Houston, TX 77002.

Clearway Energy Group is leading the transition to a world powered by clean energy. Along with our public affiliate Clearway Energy, Inc., our portfolio comprises approximately 11.6 GW of gross generating capacity in 26 states, including 9.1 GW of wind, solar, and battery energy storage assets, and over 2.5 GW of conventional dispatchable power generation providing critical grid reliability services. As we develop a nationwide pipeline of new energy projects for the future, Clearway’s operating fleet generates enough reliable electricity to power more than 3 million homes today. Clearway Energy Group is headquartered in San Francisco with offices in Denver, Houston, Phoenix, Princeton, and San Diego. For more information, visit clearwayenergygroup.com.

Our Commitment to Diversity, Equity, & Inclusion
Clearway Energy Group’s vision is a world powered by clean energy. Along with our public affiliate Clearway Energy, Inc., our portfolio comprises approximately 11.8 GW of gross generating capacity in 26 states, including 9.1 GW of wind, solar, and battery energy storage assets, and over 2.8 GW of flexible dispatchable power generation providing critical grid reliability services. As we develop a nationwide pipeline of new energy projects for the future, Clearway’s operating fleet generates enough reliable electricity to power more than 2 million homes today. Clearway Energy Group is headquartered in San Francisco with offices in Denver, Houston, Phoenix, Princeton, and San Diego. For more information, visit clearwayenergygroup.com.

Working at Clearway, Hybrid Together
Here at Clearway, we’re committed to balancing flexibility while fostering strong relationships with our teammates. We do this by prioritizing new hires based near one of our offices in San Francisco, San Diego, Scottsdale, Houston, Denver, & Princeton. Our office-based employees typically work together from fabulous spaces on Tuesdays & Thursdays to collaborate & learn, build community, get to know one another, & enjoy company-provided meals & events.

Clearway Energy is an equal opportunity employer that values a broad diversity of talent, knowledge, experience & expertise. We intentionally foster a culture of inclusion that empowers our employees to deliver superior performance to the communities we serve. We encourage minorities, women, individuals with disabilities & protected veterans to join the team. Clearway is a proud promoter of employment opportunities for our Military & Veterans.

What We Provide
Clearway offers all eligible employees working 20+ hours per week a comprehensive menu of benefits: generous PTO, medical, dental & vision care, HSAs with company contributions, health FSAs, dependent daycare FSAs, commuter benefits, relocation, & a 401(k) plan with employer match, a variety of life & accident insurances, fertility programs, adoption assistance, generous parental leave, tuition reimbursement, & benefits for employees in same-sex marriages, civil unions & domestic partnerships. For more on Clearway benefits, visit our Benefits Website.

Notice to Applicants
Clearway Energy is strongly committed to a philosophy of equal opportunity and fully complies with equal employment laws, ordinances, and regulations for all applicants and employees. We will make reasonable accommodations to enable individuals with disabilities to apply and compete for employment opportunities for which they are qualified. If you need a reasonable accommodation because of a disability for any part of the employment process, please send an e-mail to recruiting@clearwayenergy.com and let us know the nature of your request and your contact information.

Notice to California Applicants
Clearway Energy is strongly committed to a philosophy of equal opportunity and fully complies with equal employment laws, ordinances and regulations for all applicants and employees.