Deriva Energy

Analyst

• Confirm pricing and work has been completed to invoice customer
• Interpret and cross reference contract terms and conditions to transaction details
• Serve as a backup for month-end activities
• Research and resolve billing discrepancies
• Process sales and payment transactions utilizing Maximo Service Provider
• Validate completeness and accuracy of large volumes of data to support monthly close

Settlements Analyst

Operations

• Maintaining daily logs of system events
• Providing immediate verbal notifications of unusual activities to the appropriate personnel
• Preparing daily power nominations and reports
• Overseeing the safe and reliable operations of wind, solar farm and battery assets
• Monitoring real-time power output, performance, and energy yield of each generating facility
• Maintaining availability levels at each renewable energy site as well as following curtailment directives from entities
• Scheduling and coordinating the load levels of power plant generation to maintain system integrity
• Performing a variety of administrative duties
• Being responsible for EH&S and other relevant compliance requirements
• Maintaining effective communication with wind and solar entities, ROC QSE, power off takers, and OEM wind providers

Operations Center Generation Operator

Risk

• Responsible for market risk assessment, monitoring, modeling, and analysis functions for Deriva Energy wind and solar portfolio.
• Analyze market trends, assess risk exposure and risk management strategies.
• Analyze information from internal and external sources.
• Read and interpret contract terms.
• Leverage settlement data, model various scenarios and communicate asset performance with various internal stakeholders.
• Facilitate Renewable Energy Credit contracting and analyze/research ad-hoc requests to support management decision making.
• Support asset recoverability and Mark to Market valuations.
• Monitor Company Risk Policy compliance and report any exceptions.
• Assist the Middle Office in the development of sophisticated financial models.
• Balance open collateral and margin positions with counterparties and ISOs.
• Evaluate basis risk, price risk, and generation risk.
• Manage counterparty credit risk.
• Conduct credit reviews and financial analysis for counterparties.
• Establish and monitor credit limits, collateral thresholds, and margin requirements.
• Oversee exposure reporting.
• Partner with Legal and Commercial teams on credit terms and ISDA/EEI negotiations.
• Review trades and ensure proper capture within the trade capture system.
• Assess the risk profile of the power portfolio.
• Contribute to the development and maintenance of Revenue at Risk models.
• Support the Front Office with periodic and ad-hoc analytical requests.
• Review and validate valuation models.
• develop and maintain Power Curve pricing.
• Review PPAs and contractual agreements.
• Perform queries in energy trading systems.
• Coordinate REC Transfer and Sales Agreement between the teams.
• Work with the Power Marketing team to maintain the portfolio REC inventory and expected position.
• Monitor the power markets for hedge opportunities.
• Assist in the preparation for the annual generation and market revenue budgets.
• Develop tools and processes for Mark to Market reporting.

Market Risk Manager

Electrical Engineer

• Perform and troubleshoot complex problems and develop advanced solutions within power systems
• Assist team members and collaborate with other departments, suppliers, and manufacturers
• Work closely with Operations Staff and/or external customers primarily in support of operations, project activity, and creation of design standards for renewable energy plants
• Travel to various sites throughout the continental U.S. and respond to emergency events after hours
• Analyze fault and test data to diagnose/troubleshoot failures/malfunctions and direct repairs
• Contribute to team decision-making in the accomplishment of business goals and objectives through effective planning, estimating, scheduling, and monitoring of work activities
• Prepare thorough and accurate technical reports, correspondence, documentation, calculations, and sketches

Settlements Analyst

Operations Center Generation Operator

Market Risk Manager

Senior Electrical Engineer