Greenwich, CT
An established private equity firm with investments in power generation, transmission, and storage is searching for an Asset Management Associate to commercially optimize its generation assets. Responsibilities include:
- Providing analysis in support of risk management and hedging;
- Providing fundamental market analysis of power markets using third-party tools and modeling supply and demand;
- Providing insights and views to the asset management team;
- Reviewing regulatory policies and impacts to the power markets;
- Analyzing gross margins of the plants;
- Analyzing key risk metrics including mark-to-market, VaR and credit risk;
- Supporting weekly, monthly and quarterly reporting of portfolio performance including all KPIs;
- Reporting to executives, internal deal teams and investors;
- Participating in the annual budget process; and
- Supporting internal deal team as needed with modeling/due diligence analysis of acquisitions and disposition of power plants.
Educational and professional requirements include a bachelor’s degree Finance, Economics, Mathematics, Statistics, Engineering or related numerate field; 2-3 years’ experience in the power markets in asset management, structuring, fundamentals, trade strategy, economic consulting or private equity investing; strong working knowledge of the physical and financial electricity/power markets including experience in one or more of the following energy markets: PJM, ISO-NE, NYISO, MISO, ERCOT, SPP and CaISO; experience with the capacity, energy and/or ancillary markets; ability to communicate complex hedging transactions; analytical skills; and advanced technology skills including Excel/VBA/PowerPoint are required. Submit resumes to chynes@salthillgroup.com.