Structured Power Trader

Context & Environment

Electricity is the energy of the 21st century. To answer responsibly, TotalEnergies is investing significantly in solar and wind power in order to become one of the global top five producers of renewable energy by 2030. The Company is developing a portfolio of assets and operations across the electricity value chain to ensure that electricity accounts for 40% of its sales mix by 2050. The Company is also investing in batteries and hydrogen while developing its power retail activities.

PURPOSES:

• Contribute positively to the P&L by developing and managing the portfolio of assets.
• Extend the commercial capabilities of the Company by developing innovative trading approaches in order to manage and mitigate market risks of intermittent production.
• Liaise with and strengthen relationships with all internal stakeholders: other trading and origination desks, support functions (operations, legal, middle and back offices, research and market analysis, IT), Finance/Credit departments, Company's development and strategy teams.

Activities

The Structured Power Trading team operates within GRP (Gas, Renewables & Power) Trading division to manage market exposures mostly linked to renewable power activities. The team will also act as the Company's subject matter expert and provide market intelligence internally. The main job responsibilities will include:

• Build a profitable and risk-balanced portfolio (P&L responsibility).
• Identify, analyze, and quantify risks in order to propose and build relevant hedging strategies.
• Convert quantitative observations into business and strategic recommendations.
• Assist in the development and implementation of risks and P&L reporting.
• Develop the required tools and methodologies to price and risk manage a renewable and flexible assets portfolio.
• Price and quote commercial opportunities brought by the Origination teams while advising on contractual terms.
• Interact with other trading desks and support function teams to leverage the Company's expertise.
• Collaborate with Research and Market Analysis to better assess illiquid prices and volume risks per technology and geography (e.g. Long Term prices, regional capture rates, etc.).
• Maintain a current and rigorous knowledge of financial market regulations in the markets we operate.
• Act as subject matter expert and provide the Company with market intelligence that might impact the power activities' development.

DIMENSIONS:

The Structured Power Trading team operates within the Trading division to consolidate and manage power exposures coming from the development of the Company's renewable activities. The Structured Power Trading team identifies market opportunities as well as support various internal teams in charge of renewable development and retail activities.

Candidate Profile

You are someone who possesses the following experience and credentials:

• Bachelor's degree in a quantitative field of study such as engineering, economics, finance, etc.
• 5+ years of relevant industry experience within a Gas, Renewables or Power company, a Trading house or a bank, developing, trading and risk managing a portfolio of renewable assets.
• Knowledge of pricing and management of flexible products such as hydro or batteries.
• Strong analytical skills required, coding skills a plus.
• Demonstrated track record of pricing and risk managing US PPA is required.
• Strong interpersonal skills with an ability to keep a positive team spirit while working under pressure.
• Fluent in English, French fluency a plus.

TotalEnergies regrets that it is unable to sponsor employment Visas or consider individuals on time-limited visa status for this position.

Additional Information

TotalEnergies values diversity, promotes individual growth and offers equal opportunity careers.

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At TotalEnergies we know that you're more than what's on your CV. If this opportunity excites you, but your profile doesn't exactly match the description above...give it a try & apply. Diversity of perspectives & experiences make us stronger.

TotalEnergies celebrates diversity and is committed to Equal Employment Opportunity:

All qualified applicants will receive consideration for employment without regard to race, color, religion, sex (including pregnancy, sexual orientation, or gender identity), national origin, age, protected veteran status, disability status or any other category protected under applicable federal, state or local law. We are also committed to providing reasonable accommodations for qualified individuals with disabilities and disabled veterans in our job application procedures.

All aspects of employment including the decision to hire, promote, discipline, or discharge, will be based on merit, competence, performance, and business needs.

TotalEnergies believes that diversity and inclusion among our teammates is critical to our success as a global company, and we seek to recruit, develop, and retain the most talented people from a diverse candidate pool.