Power Trading Lead
Leads commodity hedging strategy and execution for a large data center power portfolio, covering electricity, natural gas, procurement structures, and market risks. Requires 10+ years in power trading, energy procurement, commodity risk management, or related energy markets.
About the job
Responsibilities
- Develop and maintain commodity hedging strategy across electricity, natural gas, and related energy exposures for data center operations and growth.
- Quantify portfolio exposure by market, site, load shape, tenor, tariff, and supply structure, and translate exposure into hedging recommendations.
- Evaluate and execute hedging structures including fixed-price supply, forwards, swaps, options, retail supply products, congestion and basis risk mitigation, and related instruments.
- Partner with utilities, suppliers, traders, banks, consultants, and market counterparties to source competitive products and improve risk-adjusted energy economics.
- Build decision frameworks for when to hedge, how much to hedge, and which risks to retain across site development, construction, and operations.
- Coordinate with finance, treasury, legal, procurement, energy regulatory, sustainability, and site-readiness teams.
- Monitor wholesale power markets, gas markets, congestion, basis, capacity, ancillary services, tariff developments, and regulatory changes affecting portfolio cost or reliability.
- Produce executive-ready analyses on commodity risk, hedge performance, downside scenarios, and recommended actions.
- Build repeatable governance, controls, reporting, and playbooks for commodity risk management.
Requirements
- 10+ years of experience in power trading, energy procurement, commodity risk management, utility strategy, energy markets, or related roles.
- Deep understanding of U.S. wholesale power markets, retail supply structures, utility tariffs, congestion and basis risk, capacity, and natural gas market linkages.
- Experience designing or executing hedging strategies for large energy consumers, generators, utilities, data centers, or other power-intensive infrastructure.
- Strong analytical ability to translate complex market exposure into clear commercial, financial, and executive recommendations.
- Strong cross-functional communication skills and comfort operating in a fast-moving, ambiguous environment.
- Excellent judgment, documentation, and executive-summary skills.
Nice to Have
- Experience working with ISDAs, supply contracts, risk limits, approvals, and internal controls.
Skills
Power Trading, Energy Procurement, Commodity Risk Management, Wholesale Power Markets, Natural Gas Markets, Hedging, Forwards, Swaps, Options, Utility Tariffs, Congestion Risk, Basis Risk, Capacity Markets, Isda Agreements, Risk Analytics
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