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Power Originator

Location: 

Ann Arbor, MI, US

Company:  DTE Energy Trading
Job ID:  569

The future is bright at DTE Energy! We are one of the largest Fortune 500 diversified utilities in the United States with an aspiration to be the best-operated energy company in North America and a force for good in the communities we live and serve.  We have businesses in 26 states and are comprised of regulated utility and non-utility businesses.  Our utility business provides electric and gas service to approximately 3 million customers.  Our non-utility businesses include a diversified portfolio of energy related companies, ranging from gas storage and pipelines to renewable power development.
 

DTE Energy’s utility and non-utility businesses are poised for significant growth.  We look forward to working with highly motivated and team-oriented individuals to energize our efforts of growing economically and environmentally. 
 

Recently, DTE Energy has been recognized as an outstanding place to work and has received the following accolades:

* Gallup Great Workplace Award for multiple years
* Civic 50 Award for corporate citizenship excellence
* Indeed’s annual “50 Best Places to Work” award for two years running
* Metropolitan Detroit’s 101 Best and Brightest Companies to work For
* J.D. Power Customer Satisfaction Award
* Professional Women’s Magazine/Black EOE Journal “Best of the Best”
* Computerworld’s 100 Best Places to Work in IT
* Best Employers for a Healthy Lifestyle Gold Award
* Detroit Free Press Green Leaders Award

Job Summary

LOCATION:  ANN ARBOR, MICHIGAN

Power Originator is responsible for developing and maintaining all necessary external business relationships to generate short to long term deals.  Working collaboratively with Trading, Structuring, and Physical Gas, the successful candidate will coordinate efforts to expand DTE Energy Trading’s energy management business in both fossil and renewable generation.  The candidate will have experience originating and pricing structured transactions such as tolling agreements, heat rate options, unit contingent power, power offtake opportunities, etc.   

Key Accountabilities

  • Cultivate a key book of business serving as the deal maker.
  • Develop strategic plans for PJM, MISO, NEISO, ERCOT, NYISO
  • Serve as internal and external expert and sponsor in market areas of interest.
  • Understand legal, regulatory and structuring concepts impacting customer and market development.
  • Ensure all relevant internal controls are followed and develop new controls as needed.

Minimum Education & Experience Requirements

  • Bachelor’s Degree in Business or related field, or the equivalent combination of education and experience are required.
  • A minimum of 5 years’ experience in wholesale power markets, trading or origination.
  • Thorough understanding of the physical power and natural gas grid.
  • Understanding of financial tools available to manage risks associated with deal structures and harvesting of embedded optionality.
  • Demonstrated success supporting and growing a book of business
  • Excellent oral and communication skills.
  • Working knowledge of Windows based software applications, including Word and Excel.

Other Qualifications

PHYSICAL DEMANDS

The physical demands characterized in the attached essential and marginal job functions epitomize those that must be met by an employee to properly perform the integral functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

Please see the attached essential and marginal job functions (general office) for this position.

WORKING CONDITIONS

The employee performs job duties in a climate controlled office environment, with a moderate noise level.

Additional Information

Incumbents may engage in all or some combination of the activities and accountabilities, and utilize a variety of the competencies cited in this description depending upon the organization and role to which they are assigned. This description is intended to describe the general nature and level of work performed by incumbents in this job. It is not intended as an all-inclusive list of accountabilities or responsibilities, nor is it intended to limit the rights of supervisors or management representatives to assign, direct and control the work of employees under their supervision.

 

 

DTE Energy is an equal opportunity employer and considers all qualified applicants without regard to race, color, sex, sexual orientation, gender identity, age, religion, disability, national origin, citizenship, height, weight, genetic information, marital status, pregnancy, protected veteran status or any other status protected by law.

 

 


Nearest Major Market: Ann Arbor
Nearest Secondary Market: Detroit