Origination Associate

The future of energy is digitized, decarbonized and localized. At SmartestEnergy, we need revolutionary thinkers to help our customers make the most of this new landscape, thinking differently to find smart solutions to complex problems. 

Formed in 2001, we’re an agile business driven by entrepreneurial thinking. As a subsidiary of the Marubeni Corporation, we also have strong investment and infrastructure behind us. As well as our two offices in the US, we have three offices in the UK and another in Australia.  Further expansion is planned for 2025 and beyond which means global career opportunities for you, with plenty of potential to explore new markets. 

When you join our Team, you will have the opportunity to contribute and make an impact every single day. 

Overview

Reporting to the Head of Origination in the Commercial Group, the principal role of the Origination Associate is to provide general support to the Origination team. A successful candidate with be a highly motivated and creative individual that is eager to develop their Origination skill set and to contribute to the success of the Origination team.

The Origination Associate is responsible for research and market analysis to identify new transaction ideas and customer connections, working with the Trading, Analytics, Risk, and other team on the evaluation of new Origination deals, transacting with counterparties on Mid-Marketing flow deals, and developing strategies to optimize the risk management of the existing Origination portfolio. These activities are in support of the growing Wholesale business with a particular focus on maximizing gross margin and effective risk management.

The wholesale commodities that SmartestEnergy US (SEUS) transacts include power, gas, RECs, and carbon certificates. The Origination group is responsible for generating gross margin by executing structured transactions with counterparties in the commodities and regional markets that we operate.

In this role, you will be involved with the following:

• Perform market research to identify new product ideas and customer opportunities.
• Expand Origination network with outreach to new prospective customers.
• Work collaboratively with the Analytics team to price and evaluate new Origination opportunities.
• Respond to executable pricing requests in support of Mid-Marketing deal flow.
• Monitor the Origination portfolio and work with Trading team to optimize and rebalance hedge positions.
• Develop presentation materials and other supporting documents for customer presentations and to support management approvals of new transactions.
• Utilize CRM to track Origination customer interactions and transaction pipeline
• Create materials to support new business strategies (ie. new market entry)
• Support the Origination team with ad-hoc tasks from time-to-time.

To be successful in this role, you are likely to have the following skills/experience:

• At least 2 years in commodity markets as an Origination, Trading, Structuring, or Risk analyst, or similar role.
• Bachelors degree in Finance, Economics, Engineering, or related field.
• Understanding of commodity markets and commonly traded products.
• Proficient in Excel and VBA.
• Strong analytics and problem-solving skills; ability to work in a fast-paced, entrepreneurial environment.
• Strong interpersonal skills, able to influence and build relationships as a participant in a team environment.
• Self-motivated and proactive; ability to work independently on multiple tasks/projects
• Ability to effectively communicate at all levels.

Diversity

Celebrating our inclusive and diverse culture is core to what we do. We value everybody irrespective of race, color, religion, sex (including pregnancy, sexual orientation, or gender identity), national origin, age, disability and genetic information (including family medical history). EOE.

We know that for our business to thrive we need diverse talent with a range of backgrounds, skills and capabilities in each of the countries in which we operate. We view diversity as one of the key enablers that helps our business to grow.

We are committed to the full inclusion of all qualified individuals. As such, if a reasonable accommodation is needed to participate in the job application or interview process, please reach out to the HR & People Team via email us-hrssc@smartestenergy.com so we can discuss with you further.

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