What are the responsibilities and job description for the Sr Originator position at Constellation?
Who We Are
As the nation's largest producer of clean, carbon-free energy, Constellation is focused on our purpose: accelerating the transition to a carbon-free future. We have been the leader in clean energy production for more than a decade, and we are cultivating a workplace where our employees can grow, thrive, and contribute.
Our culture and employee experience make it clear: We are powered by passion and purpose. Together, we're creating healthier communities and a cleaner planet, and our people are the driving force behind our success. At Constellation, you can build a fulfilling career with opportunities to learn, grow and make an impact. By doing our best work and meeting new challenges, we can accomplish great things and help fight climate change. Join us to lead the clean energy future.
TOTAL REWARDS
Constellation offers a wide range of benefits and rewards to help our employees thrive professionally and personally. We provide competitive compensation and benefits that support both employees and their families, helping them prepare for the future. In addition to highly competitive salaries, we offer a bonus program, 401(k) with company match, employee stock purchase program; comprehensive medical, dental and vision benefits, including a robust wellness program; paid time off for vacation, holidays, and sick days; and much more.
Expected salary range of $157,500 to $175,000, varies based on experience, along with comprehensive benefits package that includes bonus and 401(k).
Primary Purpose Of Position
Constellation is seeking a candidate for an Originator position who will be working in the Origination Group developing and managing a wholesale power marketing portfolio with a variable operating margin of approximately $9 Billion. This role will be responsible for developing and executing structured wholesale power contracts and associated commodity contracts. Key activities would include development and execution of complex structured power transactions, hedging portfolio risk, identification and execution of proprietary and arbitrage transactions, support of asset acquisitions and development, and driving evolution of North American market structures. The successful candidates will have experience in PJM, ERCOT, SPP and/or MISO, have the ability for significant overnight travel and possess strong interpersonal and communication skills.
Primary Duties And Accountabilities
MBA
As the nation's largest producer of clean, carbon-free energy, Constellation is focused on our purpose: accelerating the transition to a carbon-free future. We have been the leader in clean energy production for more than a decade, and we are cultivating a workplace where our employees can grow, thrive, and contribute.
Our culture and employee experience make it clear: We are powered by passion and purpose. Together, we're creating healthier communities and a cleaner planet, and our people are the driving force behind our success. At Constellation, you can build a fulfilling career with opportunities to learn, grow and make an impact. By doing our best work and meeting new challenges, we can accomplish great things and help fight climate change. Join us to lead the clean energy future.
TOTAL REWARDS
Constellation offers a wide range of benefits and rewards to help our employees thrive professionally and personally. We provide competitive compensation and benefits that support both employees and their families, helping them prepare for the future. In addition to highly competitive salaries, we offer a bonus program, 401(k) with company match, employee stock purchase program; comprehensive medical, dental and vision benefits, including a robust wellness program; paid time off for vacation, holidays, and sick days; and much more.
Expected salary range of $157,500 to $175,000, varies based on experience, along with comprehensive benefits package that includes bonus and 401(k).
Primary Purpose Of Position
Constellation is seeking a candidate for an Originator position who will be working in the Origination Group developing and managing a wholesale power marketing portfolio with a variable operating margin of approximately $9 Billion. This role will be responsible for developing and executing structured wholesale power contracts and associated commodity contracts. Key activities would include development and execution of complex structured power transactions, hedging portfolio risk, identification and execution of proprietary and arbitrage transactions, support of asset acquisitions and development, and driving evolution of North American market structures. The successful candidates will have experience in PJM, ERCOT, SPP and/or MISO, have the ability for significant overnight travel and possess strong interpersonal and communication skills.
Primary Duties And Accountabilities
- Develop transactional opportunities in accordance with the company's strategies and manage relationships with existing and potential customers and counterparties
- Negotiate all financial and operational terms of structured transactions
- Develop, analyze and negotiate opportunities including complex and innovative physical and financial structures supporting negotiations for GenCo and Corporate acquisitions and development activities as related to the wholesale portfolio
- Develop and implement strategies for driving power marketplace structures and regulations
- Develop and implement transmission strategies related to structured transactions
- Undergraduate degree required with preferred concentration in technical or business-related area or equivalent experience
- Minimum 8 years of transactional experience
- Self-motivated to achieve success in a rapidly evolving environment
- Demonstrates knowledge of significant aspects of the wholesale electricity business especially in trading/transactions
- Wholesale transactional experience including wholesale customer interaction and negotiation
- Strong analytical skills
- Transactional experience in either an RTO or control area
- Knowledge of North American regional market infrastructure
- Demonstrates strong capabilities in: negotiating complex terms of structured wholesale transactions and acquisitions, financial analysis of structured wholesale transactions and acquisitions
- Challenged within a results-oriented team environment
- Excellent interpersonal and communication skills, including written and verbal
- Strong computer skills, including knowledge and proficiency in Microsoft Office Suite Products
- Ability for overnight significant travel
MBA
Salary : $157,500 - $175,000
