Power Hedging and Origination Manager

Power Hedging and Origination Manager

Full-Time 70000 - 90000 £ / year (est.) Home office (partial)
TIAA

At a Glance

  • Tasks: Originate and execute power hedges while managing relationships in renewable energy markets.
  • Company: Join Nuveen Infrastructure Clean Energy, a leader in sustainable energy solutions.
  • Benefits: Competitive salary, regulatory training, and opportunities for professional growth.
  • Other info: Dynamic role with regulatory oversight and a commitment to diversity and inclusion.
  • Why this job: Make a real impact in the renewable energy sector and shape the future of power markets.
  • Qualifications: Bachelor's degree in relevant fields and 5+ years in renewable trading or portfolio management.

The predicted salary is between 70000 - 90000 £ per year.

Overview of the Role: The role is within the Power Hedging & Origination team of Nuveen Infrastructure Clean Energy. With a portfolio continuously experiencing increased exposure to power markets and underlying risks, Nuveen is looking to expand its capabilities in evaluating and managing energy risks, with the ultimate objective of securing revenues. The role reports to the Head of Power Hedging & Origination and will be FCA regulated. The successful candidate will have the opportunity to execute long and short‑term hedges and structure the revenue management of Nuveen's portfolio, navigating amongst multiple renewable technologies (including BESS) in more than 10 power markets. The individual will be involved in originating and structuring Power Hedges, managing relationships with key corporate and utility offtakers, hedging environmental attributes, negotiating Route‑to‑Market agreements, as well as building a diversified energy portfolio from a risk perspective.

Key Responsibilities:

  • Originate, structure and execute hedges for assets under management
  • Manage reporting and quantitative tools (ETRM, portfolio risk management)
  • Support Investment Team with due diligence reviews on offtake structures
  • Manage relationship with key offtakers and market access providers
  • Participate in BESS revenue model definition and execution
  • Negotiate Route‑to‑Market agreements for operational and to‑be‑built assets
  • Build a diversified energy portfolio from a risk perspective
  • Act as decision‑maker with respect to assessing market conditions at the timing of execution of portfolio management decisions taken by the investment committee in relation to power price hedging
  • Conduct all communication with counterparties when arranging hedges
  • Receive and integrate knowledge transfer from subject matter experts
  • Produce and disseminate power markets and renewable energy analytics

Qualifications & Experience Required:

  • Bachelor's degree in Economics, Finance, Engineering, or similar fields or an equivalent combination of experience and education.
  • IMC or CFA qualification
  • 5+ years of renewable asset‑backed trading or portfolio management at a utility, bank, fund or trading house
  • Good knowledge of global power markets and embedded risks
  • Experience in originating and structuring PPAs
  • Fluency in at least one European language, as well as English, is an advantage

Competencies Required:

  • Very strong delivery and commercial mindset
  • Highly analytical and strategic mindset
  • Quantitative or data‑driven background is a plus
  • Ability to work in a fast‑paced environment
  • Interest in the renewable energy industry

Additional Information:

This role requires CertifiedStaff - UK regulatory designation and will require the person to have at least IMC or CFA qualifications. This role is subject to regulatory oversight with respect to trading activities and market interactions. The role is based in London and is required to meet the regulatory substance requirements associated with operating the GAML/NIMIL power price hedging desk. The role holder must be an authorised person and, where relevant, will be required to chaperone colleagues based in unregulated entities whenever those colleagues need to meet or communicate with clients, market participants, or investors. All regulated activities — including portfolio management decisions and communication with counterparties when arranging hedges — are reserved to this role. Nuveen is committed to providing equal opportunity across all employment practices and we believe our employees have a right to a diverse and inclusive workplace. Nuveen offers support for those who need assistance with our online application process to provide an equal employment opportunity to all job seekers, including individuals with disabilities.

Power Hedging and Origination Manager employer: TIAA

At Nuveen, we pride ourselves on fostering a collaborative and supportive work culture that empowers our employees to thrive. As a Global Institutional Sales Support Associate based in London, you will have the unique opportunity to engage with leading institutional investors while benefiting from comprehensive training and development programs designed to enhance your skills and career growth. Join us to be part of a dynamic team that values innovation and teamwork, all within the vibrant financial hub of London.

TIAA

Contact Details:

TIAA Recruitment Team

StudySmarter Expert Advice🤫

We think this is how you could land Power Hedging and Origination Manager

Get Involved with Industry Events

The energy and utilities sector is always buzzing with events, trade shows, and networking opportunities. We should hit up conferences and exhibitions like Energy UK or Utility Week Live—these are prime spots to mingle with industry professionals and even snag some insider info on job openings!

Join Energy-focused Online Communities

Let's tap into online platforms and forums like LinkedIn groups or Reddit communities specifically for energy and utilities. Not only can we showcase our knowledge, but we can also stay updated on company announcements or job leads from people already in the know.

Consider Industry Certifications

Pushing ahead with certifications like the NEBOSH National Certificate in Occupational Safety and Health (if you’re into safety) can give us a leg up in this competitive field. It not only builds our credibility but also shows employers that we’re serious about our career in energy and utilities.

Apply ThroughTIAA's Website

Don’t forget to apply directly through TIAA's website for the full-time Power Hedging and Origination Manager role. Many companies prioritise candidates who show initiative by going straight to the source. Make sure we tailor our application to highlight our passion for the energy sector!

We think you need these skills to ace Power Hedging and Origination Manager

Power Hedging
Origination of Power Hedges
Portfolio Management
Risk Management
Negotiation Skills
Relationship Management
Quantitative Analysis

Some tips for your application 🫡

Show Off Your Energy Knowledge:When crafting your CV and cover letter, make sure you highlight any knowledge or experience related to the energy-utilities sector. Whether it’s coursework, internships, or projects that showcase your understanding of energy management, sustainability, or regulatory frameworks, we want to see that passion and expertise shine through.

Quantify Your Achievements:In our field, numbers speak volumes! Don’t just tell us about your previous roles; quantify your achievements where possible. For instance, mention how you improved energy efficiency by a percentage or contributed to cost savings. This makes your application more compelling and shows us just how impactful you can be.

Tailor Your Cover Letter:Your cover letter is your chance to connect personally with us at TIAA. Tailor it to reflect how your values align with our mission in the energy sector. Share why you're excited about this specific role and how you envision contributing to our goals.

Demonstrate Your Team Spirit:Collaboration is key in the energy-utilities industry. In your application, emphasise any team projects or experiences where you worked effectively with others, especially on sustainability initiatives or technical projects. We're looking for someone who can mesh well with our team!

How to prepare for a job interview at TIAA

Show Your Passion for Renewable Energy

In the energy-utilities sector, it’s vital to demonstrate your enthusiasm for sustainable practices and innovations. Share experiences where you've worked on or studied renewable energy projects, whether that’s through coursework, past internships, or personal initiatives. Let us see how your passion aligns with the ethos of TIAA.

Brush Up on Industry Regulations

Being familiar with industry standards and regulations is crucial in energy-utilities interviews. Make sure to know the basics of relevant policies and frameworks, like the Energy Act or environmental legislation. This will not only show you’ve done your homework but will also prepare you for potential technical questions about compliance during your interview.

Highlight Teamwork and Project Management Skills

Most roles in the energy sector involve collaboration with diverse teams. Be ready to discuss examples where you’ve successfully worked in teams or led projects, especially those involving energy initiatives. This is particularly important for a full-time position, as employers want to see you bring a collaborative spirit to TIAA.

Prepare for Technical Assessments

Expect some technical questions or even practical assessments during your interview, especially about energy efficiency methodologies or basic engineering principles relevant to the role. It’s a good idea to brush up on key concepts and be prepared to explain them clearly, as this will demonstrate your technical proficiency and readiness to jump into your new role.