Manager, Trading & Asset Optimization

Aypa is seeking an Austin, Texas-based Manager, Trading and Asset Optimization to join its Asset Management Team and support our work managing a storage portfolio. Aypa is a growth organization with an established portfolio in a fast-paced industry.  

Responsibilities: 

• Research, identify and execute on opportunities to create market efficiencies and capture positive spreads, where allowed, within physical and financial power markets;
• Develop and update daily reports and model results in relation to optimizing storage assets;
• Enhance market intelligence for bidding strategy of battery storage facilities. Includes analysis of supply and demand variables, weather patterns, and market practices;
• Provide analysis and tools around managing market congestion relative to asset locations;
• Interact with operations team, scheduling entities and QSE/SC service provider on implementing strategy and managing BESS systems;
• Generate bid/offer curves for storage assets;
• Create unique strategies that incorporate current hedging capabilities and support analysis of future tolling structures;
• Monitor BESS performance and develop daily analysis of operational capacity and unit outages in coordination with the Operations team;
• Provide analysis and bespoke solutions to operational hurdles impacting asset management;
• Continually improve current processes and analysis in relation to operational storage assets;
• Collaboration with support functions and team members;
• Clearly and effectively communicate complex topics to a diverse audience;
• Other duties as required.  

Key Qualifications: 

• B.S. in Finance, Economics, Computer Science, Engineering or a related field required;
• MBA a plus;
• Prior exposure to battery storage facilities and operations;  
• 5+ years experience in front office asset management, market analysis or energy derivatives trading;
• Ethical decision making capability exemplified;
• Excellent written and verbal communication skills;
• Ability to work in a fast-paced, multi-tasked environment;
• Detail-oriented, analytical mindset, and aptitude to independently research and implement new concepts and skills;
• Thorough knowledge and understanding of the ERCOT market with CAISO experience a plus;
• Ability and willingness to participate in weekend and off-hour on call rotation type work;
• Self-motivated with the ability to work with little supervision. 

Compensation and Location: 

• Salary:  A base salary commensurate with experience;
• Bonus: An annual bonus will be awarded based on individual performance and the business's overall success;
• Benefits: Aypa offers an attractive benefits package with excellent health care/dental/vision, 401k matching, unlimited vacation, and other health/wellness benefits;
• Location: Hybrid (USA). Austin, TX area preferred. The ability to work in the United States is a requirement.