Manager, Portfolio Management - Retail Power

Gridmatic Inc. is a high-growth startup with offices in the Bay Area and Houston that is accelerating the clean energy transition by applying our expertise in data, machine learning, and energy to power markets. We are the rare startup that has multiple years of profitability without raising venture capital. Gridmatic is a great place to work with a culture that values teamwork, continuous learning, diversity, and inclusion. We move quickly and fix things. We are environmentally and data-driven, with a growth-oriented, academic mindset. We value integrity as much as excellence.We are seeking a talented and highly motivated Manager, Portfolio Management with experience analyzing risks in a retail power portfolio and taking actions to mitigate those risks . This is a full time position that offers the flexibility of hybrid work. As a Manager, Portfolio Management, you will play a pivotal role within our organization, responsible for accurately assessing and managing the risks of delivering electricity to C&I end users. This dynamic and fast-paced position involves working with a multi-functional team, building tools to manage workflows and measure outcomes, and ensuring the realized value of the portfolio is consistent with how it is priced to the end-use customers. The ideal candidate will have extensive experience in analyzing and hedging risks via market instruments. If you are detail and execution oriented, we want to hear from you.Responsibilities:• Position Management: Work with existing systems and build tools to effectively track commodity risk positions on a daily basis.• Hedge Execution: Evaluate exposures and work with external counterparties to execute forward/futures instruments to mitigate portfolio risks.• Support Complex Sales: Work with the sales team to structure and transact on large complex deals in the commercial and industrial electricity space.• Ad Hoc Duties: Perform other duties as assigned to contribute to the success of the Retail team and Gridmatic as a whole.Qualifications:• Minimum 5 years of commercial work experience in the power markets in the U.S., preferably ERCOT and/or PJM.• Knowledge of power and environmental products markets. Understanding of relevant RTO’s or bi-lateral market concepts.• Able to work in a face paced environment that includes executing trades with external counterparties to hedge risk.• Must be self-motivated and capable of setting and executing strategy to accomplish goals.• Experience working to and exceeding targets.• Some travel required to interface with customers.$100,000 - $150,000 a yearJoin our team and make a difference! Click below or email us at careers@gridmatic.com.