Energy Market Manager Job at Olivine, Inc., California

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  • Olivine, Inc.
  • California

Job Description

Olivine needs a highly skilled and experienced Manager to oversee Energy Market Operations and dispatch functions within our Virtual Power Plant (VPP) business. You possess a deep understanding of the energy industry, including wholesale and energy markets, risk management, and hedging strategies.

What You will Do:

  • Oversee the day-to-day operations of Energy Market Operations
  • Develop and implement effective strategies for managing profits at risk for a portfolio of behind the meter resources.
  • Analyze market trends and identify opportunities to optimize energy portfolios and reduce risks.
  • Develop and maintain strong relationships with key stakeholders.
  • Provide guidance and support to team members to transfer knowledge, develop expertise and to ensure operational excellence is achieved for all trading and market related activities.
  • Work closely with cross-functional teams to ensure alignment of strategies and objectives; including teams encompassing Marketing, Legal, Sales, and Accounting
  • Collaborate with senior management to develop and implement overall business strategies and plans
  • Provide regular reporting to senior management on key performance indicators, risks, and opportunities. Provide Profit/Loss explanation related to portfolio and assist in variance explanation and corrective action.

Qualifications:

  • Bachelor's degree in a quantitative field such as math, statistics, engineering, quantitative finance, or business; advanced degree preferred
  • 10+ years of experience in energy operations, commodity risk management, portfolio optimization, and hedging specific to the energy sector
  • Strong analytical skills and the ability to collect, analyze, and interpret complex market data
  • Analytical skills required for retail pricing, risk assessment, and transaction structuring
  • Strong working knowledge of Power ISO markets such as CAISO, ERCOT, PJM, NYISO, etc.  Experience in CAISO valued.
  • Understanding of various settlement processes including physical, financial, and environmental
  • High level of proficiency in Excel and working knowledge of Python and SQL.
  • Excellent communication and interpersonal skills, with the ability to build and maintain strong relationships with stakeholders at all levels of the organization
  • Proven leadership experience, with the ability to motivate and inspire teams
  • Ability to work effectively in a fast-paced, dynamic environment juggling multiple priorities simultaneously
  • Knowledge of energy trading, risk management, and hedging strategies

You must be motivated and eager to work in a small and growing company. We are a dynamic group of people looking for individuals who can add leverage on day one. If you want to make a real impact helping people fight climate change this is a great opportunity for you!

About Olivine, Inc.

Olivine is a small and growing company, leading the way to provide low-cost grid and market-integrated distributed energy resources of all types for a sustainable clean energy economy. If you are mission-driven, hard-working and looking for a flexible environment to grow your energy expertise and contribute to carbon-free communities, Olivine is the place for you.

Olivine, Inc. does not accept unsolicited resumes from individual recruiters or third party recruiting agencies in response to job postings. No fee will be paid to third parties who submit unsolicited candidates directly to our hiring managers.

No relocation or work visa sponsorship provided. Salary Range Dependent on Experience: 130,000-150,000 USD

Olivine, Inc. is an EEO/AA Employer

Job Tags

Full time, Remote job, Relocation, Free visa, Flexible hours,

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