The North American Energy Markets Association is posting this job opportunity on behalf of our member AEP.
Job Summary:
Responsible for creating earnings by identifying and pursuing transactional opportunities in the mid-marketing space as well as negotiating economic hedges of energy and capacity to reduce portfolio risk. Set direction and strategy for the mid-marketing function to allow for growth and expansion of earnings opportunities. Lead customer and counterparty relations to ensure AEP is a preferred partner. Collaborates with Energy Trading to provide guidance to Wholesale Origination and Retail sales personnel on commercial terms, markets and energy services to ensure optimization of contracts to maximize and protect profitability and margins.
What You’ll Do:
AEP is seeking talented and motivated Mid-Market Lead to become an integral part of our Energy Trading team.
- In conjunction with Energy Trading, develop and implement strategy for optimizing unit performance and minimizing risk for assets in AEP Energy Supply.
- Responsible for managing new and existing customer/counterparty opportunities including strategies on creating profitable transactions and contract negotiation/execution.
- Comply with all AEP credit and market risk policies as well as any and all applicable laws.
- Manage and direct hedging strategy for capacity and energy for wholesale and retail to preserve margins and reduce risk.
- Work strategically with all AEP Energy Supply groups to provide guidance on markets, hedging opportunities and commercial customer needs to maximize profits and revenues.
Find the full job description here: