What are the responsibilities and job description for the Team Lead, Structures & Pricing position at AES Corporation?
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Position: Team Lead, Structures & Pricing
Location: Houston, Texas
Schedule: Hybrid - Monday, Wednesday and Friday onsite.
At AES, we're accelerating the future of energy, together, while redefining the customer experience and delivering unique customer products and solutions.
We are looking for a Senior Analyst, Structurers & Pricing to develop and execute on strategies advancing our Commercial operations and term management functions leveraging data and digital. The role will ensure the Commercial team uses a consistent modeling framework and systematic, data-driven approach to enhance market value creation, capture insights from generation, and foster competitive positioning for our customer solutions. The role will be instrumental in transforming AES from a siloed commercial data state to an integrated and networked platform.
Responsibilities
- Support AES Clean Energy deal pipeline with construction of revenue curves.
- Coordinate with Business Development, Mergers and Acquisitions, and Origination teams to ensure asset revenues and Power Purchase Agreements are adequately reflected within the investment due diligence process.
- Lead in some cases and support Structured Origination team in timely and accurate valuation of proposed renewable power transactions and their customized aspects.
- Deliver improvements and automation for existing structured renewable power models to shorten turnaround times and apply learnings holistically to the business infrastructure.
- Develop new structured renewable power models as needed and implied by the deal pipeline.
- Work with Term Trading and Structured Trading to ensure structured deal valuation alignment with AES Clean Energy power market view.
- Lead in some cases and work with ETRM and Risk Management teams through the deal booking process and the associated risk approvals.
- Develop a deep understanding of commercial impacts affecting AES CE business, grow their own skills, contribute to building the wider team, and progress along the career path.
Qualifications
- Bachelor's Degree in Computer Science, Finance, Engineering, Math, Physics, Data Science, Business Analytics or similar. Master's Degree in those areas preferred.
- 5 years of relevant work experience in the energy industry in related functions such as trading, portfolio management, asset management, investment advisory, quantitative analytics, risk analytics and similar.
- Extensive experience with US power markets (PJM, CAISO preferred; other markets helpful).
- Previous 2 years of experience in pricing bilateral power contracts with intermittent volume
- Previous experience building production level models for power market preferred.
- Deep experience in at least one programming language (e.g., Python, R, MATLAB, C/C , VBA).
- Knowledge of revenue streams associated with renewable assets and their valuation.
- Familiarity with operating aspects of renewable assets.
- Strong quantitative and analytical skills, communication skills and attention to detail.
Safety comes first at AES. To protect the health and safety of our people, customers, communities and partners, and to provide and maintain a workplace that is free of known hazards, AES requires all newly-hired people or current AES people applying for U.S.-based role(s), to be fully vaccinated against COVID-19 or be willing to be fully vaccinated against COVID-19 by their date of hire. Except where prohibited by law or not specifically covered in a collective bargaining agreement, new hires and transfers will be required to provide proof of vaccination during onboarding and periodically thereafter. This policy will comply with all applicable laws and is based on guidance from the Centers for Disease Control and Prevention and local health authorities, as applicable.
