Senior Manager, Nodal Markets & Quantitative Analysis

Nodal Markets & Quantitative Analysis Senior Manager

The Nodal Markets & Quantitative Analysis Senior Manager provides critical insights on nodal market dynamics to optimize investment decisions, support long-term portfolio management, and enable Corporate PPA teams. As a manager, this role organizes and coordinates the activity of the team. As a leader, the role presents the team's results to senior management. This position is able to sit at our Houston, TX headquarters or our Berkeley, CA office.

Accountabilities

The Nodal Markets & Quantitative Analysis Senior Manager gathers knowledge from across the organization as well as external sources to deliver nodal price forecasts to senior management. Once validated, these forecasts serve as a key input into the Company's investment decision-making processes.

Key Responsibilities

Collaboration & Stakeholder Management

• Collaborate closely with cross-functional teams in the U.S. and at Headquarters, including fundamental market analysis, R&D teams, IT & Digital country experts, trading, portfolio management, and regulatory teams, to align market analysis and modeling activities with overall business objectives.
• Effectively communicate insights and recommendations to senior management and other stakeholders.
• Become an internal reference on local nodal market dynamics.

Market, Asset & Benchmark Analysis

• Conduct in-depth analysis of U.S. power markets, including supply, demand, transmission dynamics, price trends, regulatory changes, and technology costs.
• Perform asset analysis and benchmark internal and external scenarios, with the ability to clearly explain differences.
• Ensure models are updated to reflect multiple scenarios.

Data Collection & Management

• Collect and organize relevant data from various sources, including market reports, databases, and internal systems.
• Ensure data accuracy and integrity.
• Develop robust methodologies for data analysis and interpretation.

Model Development & Digital Tools

• Act as the business leader in the development of accurate models and algorithms to forecast long-term nodal power markets.
• Master the underlying digital products used for modeling.
• Manage the modeling roadmap in close coordination with development teams.

Business Use Cases & Decision Support

• Run and deliver key business use cases, including basis analysis, hourly price forecasts for the asset portfolio, and support for investment decisions.
• Master the local supply, demand, and transmission context of TotalEnergies' power generation portfolio.
• Run sensitivities and explain market dynamics clearly to stakeholders.

Industry Awareness & Thought Leadership

• Stay current on industry trends, regulatory developments, and emerging technologies in the power sector.
• Participate in industry conferences, events, and regulatory forums.
• Share market analysis expertise internally and position the team as a thought leader in the power market domain.

Project Management

• Propose and deliver the U.S. roadmap for nodal market modeling activities.

Candidate Profile

Required Education:

• Master's degree or PhD in economics, finance, engineering, or a related field.

Required Skills & Experience:

• Proven experience (10-15 years) in power market analysis or a similar analytical role within the energy sector.
• In-depth knowledge of ERCOT and/or PJM markets, including electricity pricing, market fundamentals, regulatory frameworks, and policy dynamics.
• Excellent communication and presentation skills, with the ability to effectively convey complex information to both technical and non-technical stakeholders. Project management skills are a plus.
• Proficiency in statistical analysis, forecasting techniques, and data modelling.
• Experience with statistical software (such as Python, R, or MATLAB) and Modelling softwares (such as BID3, Plexos or PSO) is required.
• Demonstrated industry awareness and a track record in the power market domain.
• Knowledge of energy industry trends, renewable energy technologies, and environmental regulations is highly desirable.

Additional Information

TotalEnergies valorise la diversité, promeut le développement individuel et offre des opportunités d'emploi égales à tous les candidats.

TotalEnergies offers a competitive salary, the opportunity to contribute to innovative and responsible energy solutions, and the chance to work alongside dedicated experts across disciplines. Employees are eligible for a comprehensive benefits package that includes employer-subsidized Medical, Dental, Vision, and Life Insurance; Short- and Long-Term Disability; a 401(k) plan with both matching and non-matching employer contributions; Flexible Spending and Health Savings Accounts; Employee Assistance Program (EAP); Educational Assistance; a generous fitness reimbursement; Parental Leave, Paid Time Off, and 12 Paid Holidays.

International Consideration TotalEnergies regrets that it is unable to sponsor employment Visas or consider individuals on time-limited visa status for this position.

TotalEnergies celebrates diversity and is committed to Equal Employment Opportunity. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex (including pregnancy, sexual orientation, or gender identity), national origin, age, protected veteran status, disability status or any other category protected under applicable federal, state or local law. We are also committed to providing reasonable accommodations for qualified individuals with disabilities and disabled veterans in our job application procedures. All aspects of employment including the decision to hire, promote, discipline, or discharge, will be based on merit, competence, performance, and business needs. TotalEnergies believes that diversity and inclusion among our teammates is critical to our success as a global company, and we seek to recruit, develop, and retain the most talented people from a diverse candidate pool.