Introduction to the role Eku Energy is seeking a Director of Energy Markets and Origination for our global battery storage business.
In this pivotal role, you will be accountable to the CTO for leading the TMT view on energy markets, origination and negotiation of revenue opportunities, battery technology selection and trading in region and support relevant team members in these activities.
Successful candidates will be able to own the 5-to-10-year view of how we layer no derivatives to our assets/portfolio to achieve a desired level of contracting shape.
They need to set the strategy and risk framework then execute on that.
This role offers flexibility and ideally is based in Melbourne or Sydney and will be reporting to the Chief Technology Officer.
Join us in advancing the transition to a low-carbon, sustainable global economy with battery storage investments.
Responsibilities of the role Accountability for origination, negotiation and management of commercial revenue offtakes and swap/derivative contracts as well as government and network service contracts.
Driving and/or providing expertise on the assessment of trading outcomes and asset performance to continually improve and adjust trading strategies and protocols to maximize asset and portfolio objectives.
Accountable in region for providing guidance on, and ensuring best in market positions on trading service contracts, LTSA, supply agreements, warranties and guarantees, etc.
Working with the business to define the risk framework/appetite for trading products.
Accountable for defining hedging strategy, both at asset level and portfolio level.
Developing and managing regional BESS OEM relationships and providing technology expertise and input in region alongside other key technology leaders.
Provide strategic input and guidance on new market entry.
Present to the Investment Committee on relevant aspects of key projects.
Support presentation to the Board as required by the Executive Management Team.
Represent Eku Energy on asset-specific Risk and Trading Committees to drive best-for-asset outcomes and learnings.
Contribute to regional Technology, Market and Trading (TMT), resourcing, priorities, and business strategy.
Guidance, input and prioritization of analytics and quantitative capabilities, tools and activities.
Management, mentoring, training, and upskilling of technical, commercial, and analytical teams.
Regular travel for in-person meetings and working with the Global TMT team.
Regular travel for opportunities and to meet partners/stakeholders.
Reporting Prepare reporting for the Eku company Board, asset-specific Boards, project lenders, and other stakeholders.
Reporting on portfolio position/trading book with respect to portfolio hedging strategy.
Lead ongoing progress meetings and internal meetings.
Provide opportunity briefings and project updates on a regular basis to relevant stakeholders.
Competencies of the role Experience with energy asset investment, revenue contracting and trading across renewable and/or non-renewable assets.
Experience in originating and negotiating commercial agreements and revenue contracts for energy assets, preferably BESS.
A level of technical knowledge across generation assets, ideally BESS.
Experience in managing a team, senior stakeholders, and reporting.
Well-developed commercial and contract management business acumen.
Strong understanding of the Australian energy market.
Competencies required of all our people Organizational: Entrepreneurial thinking and acting - problem-solving capability - innovation capability.
Social: Highly motivated with a versatile personality - excellent interpersonal skills - client orientation - communicative & collaborative - enthusiasm to share knowledge.
Implementation: Self-managing - result and solution orientated - quality awareness - Welfare, Health, Safety and Environmentally focused.
Culture: Helps to build a foundation of trust – creates stability – instills kindness – provides structure – is and fosters accountability – cultivates a spirit of reliability – fosters respect.
Our commitment to Diversity, Equity, and Inclusion The diversity of our people is one of our greatest strengths.
An inclusive and equitable workplace enables us to embrace that diversity to deliver more innovative and sustainable solutions for our people, clients, shareholders, and communities.
At Eku, you will be encouraged to be yourself and supported to perform at your best.
If you are inspired to deliver on our purpose of 'empowering people to innovate and invest for a better future,' we want you on our team.
If you need adjustments made to the recruitment process, please let us know.
As an inclusive employer, Eku does not discriminate on the grounds of age, disability, sex, sexual orientation, gender identity or expression, marriage, civil partnership, pregnancy, maternity, race (including colour and ethnic or national origins), religion or belief.
Joining Eku means you will be able to work in a way that suits you best.
With the right technology, support and resources, our people can work in a range of flexible ways.
Talk to us about what working arrangements would help you thrive.
20 Days of annual leave + Bonus 5 additional discretional days Flexible working Incentives Great working culture/global Attractive remuneration package #J-18808-Ljbffr