Director, Power Settlements – Retail Energy

Open location – ERCOT/PJM

Backed by an $11B Private Equity fund, newly created retail energy provider OnPoint Energy will focus on
residential and commercial retail electric solutions serving the ERCOT and PJM markets. OnPoint’s leadership
team has over 100 years of competitive energy experience.

The candidate must have experience with receiving settlements statements from ERCOT and/or PJM and be able to synthesize the settlement content so that it can be properly managed in an enterprise accounting system but also be able to run shadow analytics to assist our Pricing Manager in making recommendations for pricing adjustments across ERCOT and PJM.

A working knowledge of pricing components in the retail model and how they react to specific market conditions is a point of interest but not a requirement.

Day to day responsibilities will include, but are not limited to:

• Supporting the VP-Finance in forecasting updates used to enhance our price competitiveness
• Producing reports using settlement data to show trends
• Engaging with ERCOT and PJM in continued education programs offered to inform about upcoming changes to market conditions
• Meeting with Senior Director, Pricing and Senior Director, Portfolio Management to better understand our pricing methodology and hedging strategy so as to better identify, through settlement data, where opportunities exist for better, more accurate pricing and hedging techniques.

If you are interested, contact Scott Brownholtz @ 916.649.3200 –