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NextEra Energy

Runs a Florida utility and builds wind and solar farms

Senior Portfolio Manager

Prop & Hedge Fund TradingUpdated on Nov 14
Full-timeJuno Beach, FL, USANo salary listed

About the Job

Requirements

  • A bachelor's degree or foreign equivalent in Business Administration or a related field, with 7 years of experience in a similar role, or a master's degree or foreign equivalent in Business Administration or a related field, with 5 years of experience in similar roles; any suitable combination of education, training, or experience is acceptable.
  • At least 2 years of experience developing and maintaining comprehensive financial models, including discounted cash flow analysis, valuation analysis, and earnings impact assessments.
  • At least 2 years of experience incorporating finance and energy market insights into investment recommendations and portfolio-management decisions.
  • At least 3 years of experience preparing, reviewing, and analyzing profit and loss, including forecasting and variance analysis to assess portfolio performance and gather strategic insights.
  • At least 4 years of experience building relationships with internal and external subject matter experts.
  • At least 4 years of experience preparing executive-level presentations and materials that synthesize financial performance metrics, market observations, and strategic recommendations for senior leadership.

Responsibilities

  • Deliver adjusted earnings targets by managing a portfolio of physical and financial wholesale power derivatives, including load-following, deterministic, and block energy products typically bundled with capacity, renewable energy credits, ancillary services, and other products serving residential, commercial, industrial, and municipal customers.
  • Lead deal teams for transactions, coordinating traders from power, transmission, mid-marketing, green, and options desks and representatives from valuation, legal, credit, risk, accounting, and regulatory/legislative affairs.
  • Serve as the front-office commercial representative with customers and regulatory/legislative bodies, taking responsibility for deal inception, milestones, approvals, execution, and booking.
  • Partner with Origination on structured transactions to maximize value, identify risks, and implement contractual protections.
  • Identify, coordinate, and lead the bidding process for standard and non-standard full-requirement transactions.
  • Manage profit and loss for a portion of the full-requirements portfolio by monitoring performance, tracking market rules and conditions, and optimizing hedge and deal positions.
  • Monitor and report profit and loss for existing transactions, including maintaining and creating forward price curves.
  • Work with the Origination and Structuring team to develop and close structured full-requirement transactions.
  • Manage bidding processes for assigned markets.
  • Ensure full-requirement activity is accurately reported.
  • Create hedge strategies for deals and remain within approved targets.
  • Perform ad hoc analysis to support strategic analysis, decision-making, and market views, and review and optimize portfolio positions.
  • Develop detailed presentations for internal and external customers, including executive-level management.
  • Perform other job-related duties as assigned.

Desired Qualifications

  • A master's degree.

About the Company

NextEra Energy

Runs a Florida utility and builds wind and solar farms

NextEra Energy owns Florida Power & Light, the regulated utility that supplies electricity to much of Florida, and NextEra Energy Resources, which builds and runs wind, solar, battery storage and nuclear plants across the United States. The company calls itself the world's largest generator of renewable energy from the wind and sun. FPL earns returns set by Florida regulators on the power plants and grid lines it builds, while Energy Resources sells power to utilities, technology companies and other large buyers under long-term contracts. NextEra Energy was formed in 1984 as the holding company for Florida Power & Light, which dates to 1925, and is based in Juno Beach, Florida.

Company size
10,001+
Company stage
IPO
Headquarters
Juno Beach, FL
Founded
1984

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