Manager, Long-Term Pricing and Structuring

USA HOUSTON Area
Texas
HOUSTON(USA) TotalEnergies Gas & Power North America, Inc. Strategy Economics Business Befristeter Vertrag Mindestens 10 Jahre

The United States is the world's second-largest power market, operating through seven Independent System Operators (ISOs), each with distinct market structures, pricing mechanisms, and regulatory frameworks. As one of the fastest-growing energy markets globally, the U.S. is expected to represent approximately 30% of TotalEnergies' Integrated Power business by 2030, making it a key pillar of the Company's growth strategy.

To support this ambition, TotalEnergies is expanding and optimizing a diversified portfolio of generation assets, including solar, wind, thermal generation, and Battery Energy Storage Systems (BESS), alongside a growing portfolio of long-term power contracts.

As Manager, Long-Term Pricing & Structuring, you will play a critical role in shaping the long-term commercial strategy and value creation of this portfolio. You will be responsible for developing and maintaining pricing and valuation models for assets and long-term contracts, supporting investment and monetization decisions, and assessing the value and risk of positions held within the Long-Term Portfolio.

In this high-impact role, you will work closely with senior management and key stakeholders to deliver long-term valuation analyses and insights. You will prepare and coordinate internal cross-functional committees, ensuring effective communication and reporting of activities, initiatives, and results. You will organize and drive the workstream with a long-term horizon of more than three years, while developing innovative solutions to address complex business challenges.

Key Responsibilities

• Define, own, and continuously optimize the hedging strategy for the Long-Term Portfolio, ensuring alignment with commercial objectives and risk management policies.
• Structure and implement merchant exposure hedging solutions in partnership with Asset Management teams, including Renewable Energy Certificates (RECs) and other environmental products.
• Measure, monitor, and analyze merchant exposures, providing sensitivity analyses, stress testing, and scenario assessments to support decision-making.
• Manage volumetric risks arising from weather variability, asset outages, production uncertainty, and evolving market conditions.
• Support the negotiation, structuring, and valuation of long-term power contracts with asset owners, counterparties, and customers.
• Develop and deliver long-term energy margin forecasts and market outlooks to support financial planning, M&A transactions, Final Investment Decisions (FIDs), and strategic portfolio reviews.
• Identify and recommend asset monetization strategies, revenue optimization opportunities, and portfolio restructuring initiatives to maximize value creation.
• Price long-term contracts and structured transactions to be managed within the Long-Term Portfolio.
• Develop, maintain, and enhance quantitative models related to asset valuation, energy margin forecasting, contract pricing, portfolio optimization, and risk analysis.
• Collaborate closely with Trading, Asset Management, Finance, Investments, and Risk teams to ensure consistency of assumptions, methodologies, and strategic objectives.

Accountabilities

As Manager, Long-Term Pricing & Structuring, you will be accountable for the valuation, optimization, and long-term commercial performance of assets and contracts entering the Long-Term Portfolio.

Qualifications & Experience

What You Bring

• Master's degree in Economics, Finance, Engineering, Mathematics, Energy Markets, or a related discipline.
• 10+ years of experience in asset valuation, energy markets, risk management, portfolio management, structured transactions, or long-term commercial strategy within the energy sector.
• Deep knowledge of U.S. and wholesale power markets, including pricing mechanisms, market fundamentals, regulatory frameworks, and long-term market dynamics.
• Strong understanding of power generation assets and revenue drivers, including combined cycle gas turbines (CCGT), renewable energy assets, energy storage, and merchant market exposures.
• Strong analytical and quantitative capabilities, with experience developing and applying complex pricing, valuation, and portfolio optimization models.
• Advanced statistical analysis and modeling skills, with proficiency in Excel and quantitative programming tools such as Python, R, MATLAB, BID3, Plexos, PSO, or similar platforms.
• Excellent communication and presentation skills, with the ability to translate complex analytical concepts into actionable insights for both technical and non-technical stakeholders

Preferred Qualifications

• Demonstrated expertise in economic analysis, asset valuation, and financial modeling for large-scale energy infrastructure projects.
• Proven ability to operate effectively within complex, highly matrixed, and cross-functional organizations.

TotalEnergies schätzt Vielfalt, fördert individuelles Wachstum und bietet Karrieremöglichkeiten mit gleichen Chancen.