ExxonMobil

Power Operations Commercial Advisor

ExxonMobil$90K — $130K *
Energy & Utilities
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • 5-7 years of experience in power trading operations or related field
  • Strong understanding of North American power markets (ERCOT, MISO, PJM)
  • Proven ability in settlement calculations and billing processes
  • Experience in billing system implementation with commercial functions
  • Excellent communication skills for simplifying complex topics
  • Familiarity with ancillary service market fundamentals and procurement
  • Knowledge of energy risk management measures.

Responsibilities

  • Model and explain complex settlement calculations to stakeholders
  • Design and implement processes for volume and dollar tie outs with ISOs
  • Oversee billing system implementations for trading assets
  • Monitor and report settlement data for process improvements
  • Act as the primary settlement contact for North American ISO markets
  • Research market rules and settlement calculations to provide insight
  • Collaborate with the Trade Enablement Manager on operational initiatives.

Benefits

  • Opportunities for professional development and growth
  • Collaborative work environment with cross-functional teams
  • Engagement in strategic expansion initiatives
  • Access to advanced tools and technologies for market analysis.
  • Support for continual education in regulatory and market trends.
Full Job Description
Job Group Capability

Trading

Job Group

Trading

Job Role Description

The operations commercial advisor will report to the Head of North American Power and will be responsible for all settlement and billing functions for the ExxonMobil Power Trading desk.

The individual will need to possess a broad-based understanding of scheduling and settlement rules with North American power markets - specifically ERCOT, MISO and PJM. This role will be instrumental in achieving the growth ambitions of ExxonMobil as we expand our market presence and footprint. The candidate will work closely with trade desk to fully understand strategies and provide a settlement feedback loop to fully monetize and unlock opportunities. They will be the primary settlement and billing point of contact with the North American ISO/ Power Market Operation, Counterparties and Internal Business Units. This role will serve as the ISO settlement and protocol subject matter expert - helping to drive deeper power market insight. This role will work closely with the Trade Enablement Manager to advance the execution of Power Trading desk's initiatives.

Job Role Responsibilities

  • Ability to model and explain complex settlement calculations to internal and external counterparties to demonstrate expertise and create clarity. This role will be part of the external origination process as the settlement and billing subject matter expert.
  • Ability to design and implement processes for complete volume and dollar tie out with ISO, Exxon Mobil mid and back-office efforts. Internal networking and cross functional collaboration are expected to ensure seamless process handoffs and approvals are met - including ISO credit postings, margining and internal enablement.
  • Demonstrated experience in billing system implementation for commercial function and position review for dynamically scheduled assets - both generation and load.
  • Experience explaining and delivering complex topics in simple and understandable terms.
  • Ability to monitor and report settlement data and recommend changes as needed for continuous improvement and/efficiency.
  • Strong knowledge of power scheduling within North American ISO markets - with ability to research market rules and settlement calculations - will act as ExxonMobil's single point of contact for North American ISO settlement information and explanation.
  • Strong knowledge of Ancillary Service market fundamentals, procurement, deployment and settlement calculations - including penalties and claw backs.
  • Working knowledge of DA/RT trading opportunities and necessary settlement process with ISO. Create process with trading desk and enablement for systematic settlement cash / Profit & Loss review and reconciliation.
  • Working knowledge of congestion markets and set up required to support CRR/FTR account holder designations. Will research and suggest settlement process for market entry - including credit implications.
  • Working knowledge of regional power and gas markets and its impact on market pricing
  • Working knowledge of Risk Management measures - Value at Risk , draw down, position limits, NOP, Mark-to-Market and cash variance.


Functional Skills

Strategic Contract Development
Optionality Valuation
Trading Scheduling
Deal Structuring
Financial Markets Execution
Market Pricing Mechanisms
Energy Commodity & Derivative Trading
Energy Risk Analysis & Mitigation

Alternate Location:

About ExxonMobil

ExxonMobil is an international oil and gas company, providing energy that helps underpin growing economies and improve living standards around the world. It uses innovation and technology to deliver energy to a growing world. The company explores for, produces, and sells crude oil, natural gas and petroleum products.

ExxonMobil Careers

Join ExxonMobil, a global leader in the energy sector, and be part of a team that values innovation, leadership, and diversity. At ExxonMobil, we offer unparalleled job opportunities and a culture that fosters growth and professional development. Work You’ll Do At ExxonMobil, we are committed to providing the energy that powers the world. Join our team to help tackle some of the most challenging and important energy issues of our time. You will work alongside some of the brightest minds in the industry, using cutting-edge technology to innovate, improve, and lead in the energy sector. Transform the Industry Lead the way in energy solutions with ExxonMobil’s team of dedicated professionals. Our commitment to innovation and technology makes us a leader in the energy industry. With projects and operations around the globe, your work at ExxonMobil will help shape the future of energy. Explore Career Opportunities Whether you are looking for an internship, a graduate opportunity, or a professional position, ExxonMobil has a variety of roles to suit your skills and ambitions. We are hiring in multiple disciplines including engineering, business, IT, and more. Develop Your Skills ExxonMobil believes in nurturing talent and leadership through rigorous training and development programs. Enhance your skills with our comprehensive training modules and gain invaluable experience that will propel your career forward. Be Part of a Diverse Team Diversity and inclusion are at the heart of our company culture. At ExxonMobil, we embrace the unique perspectives and capabilities of our team members to drive innovation and success. Join us and contribute to a diverse workplace that values each individual’s contribution. Benefits and Growth ExxonMobil offers a competitive package of benefits designed to support the health, well-being, and financial security of our employees and their families. Opportunities for growth and advancement are abundant, as we believe in fostering internal talent and promoting from within. Networking and Professional Development Expand your professional network and connect with industry leaders through ExxonMobil’s global events and networking opportunities. Our collaborative environment supports career growth and exploration. Applying at ExxonMobil Ready to advance your career at ExxonMobil? Explore open positions that match your skills and interests on our careers page. Prepare your resume, sharpen your interview skills, and get ready to join a company that values hard work and innovation. Stay Connected Keep up to date with the latest from ExxonMobil Careers by subscribing to our job alert emails. Tailor your preferences to receive updates about new job openings, company news, and insider tips that can help you succeed in your career journey. Join ExxonMobil today and be part of a team that is dedicated to creating a better future through energy solutions that are safe, reliable, and responsible. Explore the opportunities and find out how your skills and passions can contribute to our mutual success.
Learn more about ExxonMobil
Size
63,000 employees
Market Cap
$442 billion
Industry
Net Income
-$22.4 billion
Founded
1870
5 Year Trend
+6.6%
Revenue
$178.5 billion
NASDAQ

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