Director, Trading and Asset Optimization
Aypa Power, a Blackstone portfolio company, is a leading developer, owner, and operator of utility-scale energy storage and hybrid renewable projects that power our communities and cities. Our mission is to responsibly decarbonize the grid and make North American energy markets more affordable, sustainable, and efficient. Aypa is well-capitalized and uniquely positioned to lean forward on projects with well-suited deal structures to meet our customers' needs. We have been at the forefront of energy storage development since our first energy storage project came online in 2018. As a leader in our industry, we have over 22 GW of utility-scale energy storage and hybrid renewable energy projects in development and 33 projects in operation or construction across North America.
Aypa is seeking a Director of Trading and Asset Optimization to join its Asset Management Team and support our work managing a large storage portfolio. Aypa is a growth organization with an established portfolio in a fast-paced industry.
Responsibilities:
• Lead and manage a team of energy traders operating in ISOs across the U.S. with a strong focus in CAISO and ERCOT;
• Innovation in product structuring and solution development in both short-term and long-term energy markets: products may include virtuals, options, swaps and more;
• Implementation of hedging program;
• Research, identify and execute on opportunities to create market efficiencies and capture positive spreads, where allowed, within physical and financial power markets;
• Manage market fundamental analysis inclusive of emerging trends and regulatory changes;
• Collaboration with support functions Implementation of risk management program and structure;
• Clearly and effectively communicate complex topics to a diverse audience including but not limited to Executive, Asset Management, Operations, commercial and transmission teams;
• Adhere to regulatory and compliance requirements, including but not limited to Dodd-Frank.
Key Qualifications:
• 7+ years of experience in business development, market analysis or energy derivatives trading;
• B.S. in Finance, Economics, Computer Science, Engineering or a related field required;
• MBA a plus;
• Prior exposure to battery storage facilities and operations;
• Prior experience in front office asset management role a plus;
• Ethical decision-making capability exemplified;
• Excellent written and verbal communication skills;
• Ability to work in a fast-paced, multi-tasked environment;
• Detail-oriented, analytical mindset, and aptitude to independently research and implement new concepts and skills;
• Thorough knowledge and understanding of the CAISO market with ERCOT experience a plus;
• Ability and willingness to participate in weekend and off-hour on call rotation type work;
• Self-motivated with the ability to work with little supervision.
Compensation and Location:
• Salary: A base salary commensurate with experience;
• Bonus: An annual bonus will be awarded based on individual performance and the business's overall success;
• Benefits: Aypa offers an attractive benefits package with excellent health care/dental/vision, 401k matching, unlimited vacation, and other health/wellness benefits;
• Location: Hybrid (USA). Ability to work in the United States is a requirement. Preference is given to candidates located in Austin, TX, or willing to relocate. Remote will be considered on a case-by-case basis.
At Aypa, we nurture and support a highly diverse team and actively seek to advance fair and inclusive practices in all aspects of what we do. We hire passionate, dedicated, and forward-thinking individuals from different backgrounds and value unique perspectives and experiences. With a focus on belonging, we are committed to providing an inclusive environment for all.
Please note: We kindly request that recruiting companies and agencies refrain from contacting us regarding this job posting. We appreciate your understanding and cooperation in respecting our hiring process. Thank you.
Apply Now
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Aypa is seeking a Director of Trading and Asset Optimization to join its Asset Management Team and support our work managing a large storage portfolio. Aypa is a growth organization with an established portfolio in a fast-paced industry.
Responsibilities:
• Lead and manage a team of energy traders operating in ISOs across the U.S. with a strong focus in CAISO and ERCOT;
• Innovation in product structuring and solution development in both short-term and long-term energy markets: products may include virtuals, options, swaps and more;
• Implementation of hedging program;
• Research, identify and execute on opportunities to create market efficiencies and capture positive spreads, where allowed, within physical and financial power markets;
• Manage market fundamental analysis inclusive of emerging trends and regulatory changes;
• Collaboration with support functions Implementation of risk management program and structure;
• Clearly and effectively communicate complex topics to a diverse audience including but not limited to Executive, Asset Management, Operations, commercial and transmission teams;
• Adhere to regulatory and compliance requirements, including but not limited to Dodd-Frank.
Key Qualifications:
• 7+ years of experience in business development, market analysis or energy derivatives trading;
• B.S. in Finance, Economics, Computer Science, Engineering or a related field required;
• MBA a plus;
• Prior exposure to battery storage facilities and operations;
• Prior experience in front office asset management role a plus;
• Ethical decision-making capability exemplified;
• Excellent written and verbal communication skills;
• Ability to work in a fast-paced, multi-tasked environment;
• Detail-oriented, analytical mindset, and aptitude to independently research and implement new concepts and skills;
• Thorough knowledge and understanding of the CAISO market with ERCOT experience a plus;
• Ability and willingness to participate in weekend and off-hour on call rotation type work;
• Self-motivated with the ability to work with little supervision.
Compensation and Location:
• Salary: A base salary commensurate with experience;
• Bonus: An annual bonus will be awarded based on individual performance and the business's overall success;
• Benefits: Aypa offers an attractive benefits package with excellent health care/dental/vision, 401k matching, unlimited vacation, and other health/wellness benefits;
• Location: Hybrid (USA). Ability to work in the United States is a requirement. Preference is given to candidates located in Austin, TX, or willing to relocate. Remote will be considered on a case-by-case basis.
At Aypa, we nurture and support a highly diverse team and actively seek to advance fair and inclusive practices in all aspects of what we do. We hire passionate, dedicated, and forward-thinking individuals from different backgrounds and value unique perspectives and experiences. With a focus on belonging, we are committed to providing an inclusive environment for all.
Please note: We kindly request that recruiting companies and agencies refrain from contacting us regarding this job posting. We appreciate your understanding and cooperation in respecting our hiring process. Thank you.
Apply Now
Apply Now