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Power Origination Advisor

Power Origination Advisor

locationRosemead, CA, USA
PublishedPublished: 11/26/2024
Full Time

Join the Clean Energy Revolution

Become a Power Origination Advisor within Energy Procurement & Management (EPM) at Southern California Edison (SCE) and build a better tomorrow. SCE’s Energy Procurement & Management (EPM) organization is responsible for developing SCE’s multi-billion-dollar energy resource portfolio, with a particular emphasis on non-GHG emitting resources in furtherance of SCE’s clean energy commitment.  As an Advisor in Power Contract Origination, your work will focus on the procurement of energy resources and oversee all aspects of the deal-making process, including the solicitation process, due diligence, negotiations, selections, and closing. 

In this job, your primary function will assist in energy procurement solicitations, originating and negotiating mid-term, and long-term structured transactions and power purchase agreements on behalf of SCE customers while ensuring compliance with the California Public Utility Commission’s (CPUC) rules and regulations, including SCE’s Integrated Resource Planning (IRP), Renewables Portfolio Standard, Resource Adequacy program, and other related regulatory procurement requirements.  Products include renewable and alternative energy, capacity, energy storage, emissions, and transmission.

As a Power Origination Advisor, your work will directly help power our planet, reduce carbon emissions, and create cleaner air for everyone. Are you ready to take on the challenge to help us build the future?

Responsibilities

  • Manages the negotiation process for non-standard power, capacity, and environmental deals, and identifies and proposes potential growth opportunities
  • Participates in formulating strategies to meet profitability targets for wholesale origination, and actively collaborates with counterparties and other teams
  • Develops systems, reviews reports, and models to facilitate decision-making and information transparency, driving commercial effectiveness and efficiency
  • Collaborates cross-functionally with Development, Finance, Project Execution and other internal teams in order to prepare for proposals and meetings with customers
  • Supports operating strategies around market conditions and trends to guide SCE's power procurement strategies. Stays informed of state, local and federal regulatory policies and actions that impact energy procurement and emissions reporting
  • Carries out the identification and sourcing of optimal revenue structures for key projects
  • Leads the preparation of presentations and materials to support approvals of proposed bids and negotiated revenue agreements
  • Drives revenue-related diligence of existing and new project opportunities
  • Contributes to the development of proposals and presentation materials for customers for both RFP processes as well as bilateral negotiations
  • Organizes all counterparty risk and taxation documentation and conformation issues for the business
  • A material job duty of all positions within the Company is ensuring the protection of all its physical, financial and cybersecurity assets, and properly accessing and managing private customer data, proprietary information, confidential medical records, and other types of highly sensitive information and data with the highest standards of conduct and integrity.

Minimum Qualifications

  • Seven years experience with energy project origination for utilities and/or resource firms.
  • Experience negotiating and managing energy contracts such as renewables, energy storage, conventional power, combined heat and power, or natural gas

Preferred Qualifications

  • Bachelor's Degree or higher in Business, Economics, Finance, Engineering, or related field of study
  • Experience in energy markets, including deregulated energy markets, related to both physical operations and regulatory structures
  • Experience interacting with state, local and federal regulatory agencies, including the ability to prepare reports and present complex technical information to a wide audience, in non-technical language
  • Experience analyzing complex financial, regulatory, and/or business problems
  • Experience leading cross-functional project teams and implementing multiple projects
  • Experience developing strategies for complex and competitive situations involving multiple variables
  • Strong ethics, influence and negotiation, leadership, interpersonal skills, communication, and engage in continuous learning

Additional Information

  • This position’s work mode is hybrid. The employee will report to an SCE facility for a set number of days with the option to work remotely on the remaining days.  Unless otherwise noted, employees are required to work and reside in the state of California.  Further details of this work mode will be discussed at the interview stage. The work mode can be changed based on business needs.
  • Visit our Candidate Resource page to get meaningful information related to benefits, perks, resources, testing information, hiring process, and more!
  • Qualified applications with arrest or conviction records will be considered for employment in accordance with the Los Angeles County Fair Chance Ordinance for Employers and the California Fair Chance Act.
  • Relocation may apply to this position.

About Southern California Edison

The people at SCE don't just keep the lights on. Our mission is so much bigger. We’re fueling the kind of innovation that’s changing an entire industry, and quite possibly the planet. Join us and create a future with cleaner energy, while providing our customers with the safety and reliability they demand. At SCE, you’ll have a chance to grow personally and professionally, making a real impact in Southern California and around the world.

At SCE, we celebrate our differences. We are a proud Equal Opportunity Employer and will not discriminate based on race, color, religion, sex, sexual orientation, gender identity, national origin, age, disability, protected veteran status or any other protected status.

We are committed to ensuring that individuals with disabilities are provided reasonable accommodation to participate in the job application or interview process, to perform essential job functions, and to receive other benefits and privileges of employment. Please contact us to request accommodations at (833) 343-0727.