Asset Manager
1 week ago
**Job Title**: Asset Manager
**Company** : Emera Energy
**Location**: Halifax, NS
**Type of Employment**: Regular, Full-Time
**Reference Number** : 10800
Based in Halifax, Nova Scotia, **Emera Energy** is a well established and growing energy marketing and trading company in North America. For nearly twenty years we have provided innovative and customized energy management services to our customers and we are trusted by over 350 trading customers across North America. Led by an experienced team of industry executives with a proven track record of success, we currently have more then 70 employees in Canada and the USA.
The business combines a wealth of expertise and experience and technology to harness global, regional, and local market information related to commodities, generation, transmission, gas transportation and storage to realize growth opportunities.
Emera Energy is a wholly owned subsidiary of Emera Inc., a North American leader in the transition to cleaner energy. Emera Inc. has over 7,100 employees in Canada, the USA and the Caribbean and its shares are publicly traded on the Toronto Stock Exchange.
**Why Join Emera Energy?**
Emera Energy values people who believe that safety and health, relationships, and excellence are integral to how we work. In return, we value the diversity of our people and invest in their growth through:
- **competitive compensation packages** : including a comprehensive pension and benefits plan and employer-sponsored saving plans.
- **opportunities for career growth** : including a strategic focus on employee development plans, opportunities to advance within and between our affiliate companies and, sponsored education programs.
- **giving back to communities** : including corporate investments in the places where our people live and work; employee dollars-for-doers and fundraising-matching programs and scholarships.
**Accountabilities**:
Reporting to the Vice President Commercial Operations, the Asset Manager is responsible for the following key responsibilities:
The commercial management of merchant power assets in the Northeastern US/Canadian energy, ancillary and capacity markets, providing an exceptional level of customer service to generation asset owners and associated stakeholders;
- Maintain a superior understanding of the northeast gas and power markets with an emphasis on the commercial operation of assets under management, the market rules and associated commercial implications;
- Ensuring that Emera Energy’s contractual obligations are fulfilled, that all commercial activities function within the framework of governing documents and are compliant with market rules, business practices and relevant regulatory obligations;
- Developing and implementing commercial strategies to manage risk and maximize earnings for assets and Emera Energy;
- Liaise with asset stakeholders, traders, plant personnel and the relevant system operators to ensure successful operation and execution of the strategies;
- Assessing market fundamentals and indicators in the near, medium and long term to support strategic recommendations for facilities undermanagement. Identify and facilitate the use of financial products to capitalize on commercial opportunities and manage risk within Emera Energy’s portfolio;
- Represent the asset’s interests through stakeholder engagements and communications with System Operators and relevant governing entities;
- Prepare market-based reports, reconciliations and analysis associated with generating assets;
- Supporting a variety of projects with an emphasis on market research, data collection and analysis related to northeast power markets;
- As a key member of a dynamic team, you will be expected to work flexibly providing coverage along with other team members outside of regular working hours.
You will be responsible for personal safety and that of co-workers, by observing all Occupational Health and Safety Rules and Regulations.
**Skills, Capabilities and Experience**:
- You possess an undergraduate degree in a Business-related field with a minimum of 3 -5 years’ experience in the deregulated power markets;
- Have strong communication skills, exceptional analytical skills and meticulous attention to detail for problem solving and independent decision making in a fast-paced environment;
- Must be an entrepreneurial thinker who is dynamic and adaptable to change that can work independently but can also demonstrate strong relationship and team skills;
- Have superior computer skills with an emphasis on the utilization of Microsoft Excel to create and analyze detailed spreadsheets;
- The ability to develop code in a variety of languages such as VBA,.NET, JavaScript, etc. is considered a definite asset.
**Reports to**: VP Commercial Operations
**Salary**: Commensurate with qualifications and experience
**Form of Application**: To apply, please click on the blue **APPLY** button at the end of the job posting, complete all required information
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