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Senior Commercial Associate/Executive in Austin, Texas at SABANCI RENEWABLES INC

NewHot JobSalary: $110000 - $130000
SABANCI RENEWABLES INC
Austin, Texas, 78701, United States
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Job Description

Sabancı Renewables operates a growing portfolio of utility-scale renewable generation in ERCOT. We are hiring a Senior Commercial Associate/Executive to own hedging and market execution for the operating fleet, and to support PPA origination and structuring for new opportunities.

In this role, you will form a market view, translate it into a hedging and trading strategy, submit it into ISO markets, and be accountable for the result. You will work directly with the Head of Commercial & Finance in a lean team with visibility to senior leadership.

Responsibilities
  • Own the quantification and active management of nodal-to-hub basis, congestion and curtailment exposure across the ERCOT fleet.
  • Design hedging strategies using swaps, basis swaps, congestion rights (CRR / PTP obligations and options), revenue puts and shaped structures, sized to portfolio risk appetite and lender requirements.
  • Prepare and enter submissions into ISO platforms — day-ahead and real-time offers, ancillary service offers, and CRR auction bids.
  • Develop DART strategy and post-auction attribution of realized versus expected value.
  • Direct and challenge the QSE: set the strategy it executes and hold it accountable for performance.
  • Analyze transmission constraints, congestion drivers, price forecasts and ISO market design changes, and translate them into forward positioning.
  • Own settlement validation and dispute resolution with the ISO, QSE and counterparties.
  • Support PPA and VPPA origination and negotiation — pricing, basis and shape analysis, settlement mechanics, and commercial terms alongside legal counsel.
  • Build the analytical tooling and apply AI/ML to price and congestion forecasting, offer optimization, settlement anomaly detection and reporting automation.
  • Report commercial performance and market conditions to management and shareholders.
    • Minimum Qualifications
  • Master's degree in engineering, economics, finance, mathematics or management (Bachelor's degree plus equivalent experience considered).
  • 5+ years in U.S. power markets at a developer, IPP, utility, offtaker, trading desk, QSE or advisory firm.
  • Demonstrated hands-on ERCOT experience, including nodal pricing, congestion and basis risk on renewable assets.
  • Working knowledge of DAM/RTM, DART, CRR / PTP products, ancillary services and financial hedging products.
  • Experience executing — entering offers, bids or auction submissions into an ISO platform.
  • Advanced Excel and modeling, plus Python and SQL.
  • Practical experience applying AI or machine learning to forecasting, optimization or workflow automation.
  • Ability to present a clear commercial recommendation to senior decision-makers.
  • Authorization to work in the United States.
    • Preferred Qualifications
  • Working knowledge of MISO and/or PJM — FTRs, ARRs, and capacity constructs (RPM, PRA). Deep expertise in all three markets is not expected; transferable ERCOT experience and the ability to learn a second market is.
  • Experience with wind and solar shape and volumetric risk, negative pricing, P50/P99 and hub-settled VPPAs.
  • Direct participation in PPA negotiation and contract structuring.
  • Familiarity with BESS and hybrid asset optimization.
  • Experience with market data and modeling platforms (Yes Energy, Enverus, Aurora, PLEXOS or equivalent) and ETRM systems.
  • Understanding of ISDA / EEI master agreements, credit and collateral mechanics.
  • Commercial support to project finance or M&A transactions.


    • Job Location

    Austin, Texas, 78701, United States

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