Do you want to work with high caliber professionals in a dynamic and growing company? Are you entrepreneurial, hard-working, and collegial? Are you committed to advancing the clean energy revolution? Join us at SB Energy, a world-leading company backed by SoftBank and Ares pairing cutting-edge innovation with best-in-class execution. Our Mission is to provide flexible renewable energy at scale, accelerating the global energy transition and benefiting our planet, customers, communities, and people.

SB Energy develops, constructs, and owns & operates some of the largest and most technically advanced renewable projects across the United States, with headquarters in Redwood City, CA. The company was launched in 2019 and has quickly become one of the largest solar and storage developer/IPPs in the U.S. With almost 3 gigawatts (GW) of renewable energy projects in operation or under construction and a multi-GW pipeline, SB Energy is building the renewable energy future – today. SB Energy also utilizes its strong culture of innovation to identify and incorporate new technology into our projects, including our AI-based digital platform, to deliver renewable energy that is local, reliable, and matched to load.

Come join us in accelerating the energy transition to cleaner, more sustainable sources of power!

• Basic Function
  The Sr. Asset Optimization Manager will support the Asset Management group in various functions including short and long-term renewable power portfolio analysis and valuations, risk monitoring and analysis, short-term hedging, data management, and process improvement. The successful candidate will be an integral part of a team responsible for hedging and optimizing the profitability of a growing portfolio of operating assets. This position will coordinate with a variety of internal and external counterparties including Risk, Transmission Analytics, Data Science, Power Marketing, Finance, Operations, and Capital Markets. The successful candidate will maintain meticulous accuracy in a multi-project, multi-entity setting and will thrive in a fast-paced, constantly evolving work environment demanding a high-level of ownership and analytical, strategic thinking, and negotiation skills.
  Responsibilities
• Runs portfolio financial modeling using various power curves and market scenarios to understand risk and determine actions for review with the Risk team.
• Analyzes the impact of movements in power markets and subsequent flow through tax equity and debt structures.
• Runs probabilistic scenario analysis to determine hedging strategy risk and return profiles.
• Provides portfolio valuation analysis and stress testing; flow through to FP&A as necessary.
• Manages a portfolio of physical and financial wholesale power derivatives.
• Presents proposed hedging strategies to Risk Committee.
• Leverages skills in statistical analysis, market fundamentals, ISO protocols, and regulatory issues to drive the insights into historical and forward pricing curves for power, ancillary services, congestion products, and renewable energy credits; consolidates weekly / monthly / yearly market outlooks and runs short-term hedging strategy meetings.
• Monitors and track portfolio performance relative to market actions and hedges and report P&L produced by those actions.
• Writes and own procedures for hedging strategies.
• Negotiates and maintain enabling agreements such as ISDAs and has responsibility for all aspects of the deal including inception, milestones, approvals, execution, and booking.
• Prepares executive slide decks, models, and demonstrations of initiatives for internal and external partners.
• Maintains working knowledge of ISO rules, regulations, and procedures through online training modules.
  Qualifications/Requirements
• Bachelor's Degree in a quantitative discipline (e.g, finance, statistics, economics, math or related field).
• 3-5 years’ experience in power market portfolio or asset optimization management.
• Strong statistical skills (i.e., Linear Regressions, Multivariate Statistics, etc.)
• Strong Excel skills.
• Energy commodity trading support, congestion experience and commercial decision-making experience.
• Prefer experience in renewables.
• Deadline driven with project management skills for cross-organizational coordination.
• Experience working in ERCOT & CAISO.
• Experience with cQuant, Python.
  Travel Requirements
  Location: San Francisco Bay Area, CA, Denver, CO, Phoenix, AZ, TX or remote option available
  The position may require up to 10% domestic travel (once normal and safe travel requirements resume
  Base Pay : 140000-180000
• Actual compensation packages are based on several factors that are unique to each candidate, such as skill set, experience, certifications, specific work location, and other non-discriminatory factors permitted by law. Base pay may vary per location due to differences in the cost of living.

The total compensation package for this position may also include an annual discretionary bonus, full Health & Wellness Benefits package, generous Long Term Incentive plan designed with our partnership mentality in mind, and other applicable incentive perks as outlined in any formal offer made. The final compensation package will be discussed with the candidate during the final stages of the hiring process.

Our Health & Wellness Benefits

SB Energy’s Benefits programs are designed to support our team members and their families while keeping their well-being, happiness, and varying needs in mind. SB Energy employees may enroll in our benefits programs and take advantage of customized perks and offerings, including those designed to support families, however defined. We offer the following benefits to all team members:

• Comprehensive Medical, Dental, and Vision insurance: 100% premium covered by the company, for employees and dependents​
• Long-Term Disability (LTD), Life Insurance, AD&D and Voluntary Legal ​Insurance Plan
• Competitive Retirement Benefits with 401(k) company match
• Generous Paid Time Off and 11 Paid Company Holidays
• Flexible working arrangements
• 12 weeks fully paid Parental Leave
• Flexible Spending Account (FSA) –​ Medical & Dependent FSA; Transit & Commuter FSA with employer contributions
• Mental Health Wellness Offerings
• Discounted Physical Wellness plan & Pet Insurance
• Monthly reimbursement for Phone/Internet/Data
• Phone Equipment Purchase Benefits
• Thoughtful Hybrid Workplace Set-up Benefits

Promote Sustainability with a Purpose - At SB Energy, you may choose to become a part of our ‘Just Renewables’ Committee and work along with team members who share a belief in pursuing our mission in such a way that empowers a diverse and inclusive workforce that advances social justice and equity for our employees as well as partners and communities!

SB Energy is committed to increasing the diversity of its workforce and is proud to be an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, creed, gender, national origin, age, disability, veteran status, marital status, pregnancy, sex, gender expression or identity, sexual orientation, citizenship, or any other legally protected class. SB Energy strives to create an inclusive culture and safe environment for all.

To learn more about us, visit www.sbenergy.com.