Financial & Structuring Associate (Modeling/Fuel Cells)

Job Posting End Date

02-07-2025

Please note the job posting will close on the day before the posting end date

Job Summary

Position is responsible for conducting analysis of financial performance and valuation of AEP’s regulated portfolio of generation assets and transactions in regional power and gas markets. Interact with multiple levels of staff and management to understand market opportunities and business issues, conduct analysis, communicate results, and influence decisions. Looks for ways to reduce customer costs and increase margins.

Job Description

Work Designation -- hybrid from AEP's Headquarters in Columbus, OH. On 6/1/2025, this opportunity may transition to fully-onsite.

Essential Job Functions & Tasks

• Assist in performing analysis of prospective gas and power marketing or generation asset transactions to quantify financial value and define risk.

• Interacts with trading, marketing, operations, and back-office personnel to understand market dynamics and generation asset characteristics impacting value. Communicates financial value, current hedge position, and risk of new and existing transactions to senior management and suggests ways to increase corporate value, reduce customer cost, and mitigate risk.

• Assist in staying abreast of power and gas market fundamentals, regulations, and tariffs for the purpose of appropriately valuing and defining portfolio risk interacts with regulatory groups as needed to understand and respond to proposed market changes.

• Assist in monitoring valuations of existing transactions and works with risk oversight groups to ensure proper booking and recognition of market transactions adapts techniques and processes to improve valuations when appropriate.

• Assist in Performing SOX controls pertaining to valuations and reviews performance records with internal and external auditors upon request. Works with trading and marketing personnel to support development of new market or product opportunities or explore ways to reduce customer cost.

• Assist in cost development used as basis for cost-based offers in RTO markets.

• Assists the manager when required to work with Bid development personnel to ensure associated generation offer costs are accurate and appropriate for use in the cost-based offers.

• General understanding of RTO mandated and AEP internal cost policies and methods of development for cost-based offers.

• Assist to develop, document, test and implement upgrades of internal systems used for cost development.

• Actively participate in potential technology/business process improvement projects and deliver creative cost saving solutions that can be deployed and supported within the Commercial Operations team.

• Assist with the maintenance of the Fuel Position Management system used by AEP's Fuel procurement team. Consult with the team as needed on analyses required using system data.

Basic Qualifications

Education: Bachelor’s degree required in Mathematics, Engineering, Finance, or related field of study.

Additional Requirements (Preferred Qualifications)

• Strong critical thinking and creative skills with the ability to exercise sound judgment by making decisions based on accurate and timely analysis.

• Effective communication skills with the ability to simplify extremely complex concepts. Computer literacy with the ability to effectively utilize associated systems and software including Microsoft Office applications, VBA and significant work experience with database query languages such as SQL, or others.

INITIAL POSITION / BASE SALARY FUNDING: approximately ($73,000 - $90,000/year). In addition to base salary, AEP offers competitive Total Rewards including: discretionary annual incentive, 401(k), pension, health insurance, vacation, educational assistance, etc.

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Compensation Data

Compensation Grade:

SP20-006

Compensation Range:

$72,380.00-90,474.50 USD

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It is hereby reaffirmed that it is the policy of American Electric Power (AEP) to provide Equal Employment Opportunity in all aspects of the employer‐employee relationship including recruiting, hiring, upgrading and  promotion,  conditions  and  privileges  of  employment,  company  sponsored  training  programs, educational assistance,  social and  recreational  programs,  compensation,  benefits,  transfers,  discipline, layoffs and termination of employment to all employees and applicants without discrimination because of  race, color,  religion,  sex, age, national origin, ethnicity, ancestry, veteran or military  status, disability, genetic information, sexual orientation, gender identity, or any other basis prohibited by applicable law. When required by law, we must record certain information to be made part of an Affirmative Action Plan. Applicants for employment may also be invited to participate in the Affirmative Action Program by self-identifying their Race or Ethnic Identity.

Salary : $73,000 - $90,000