Manager - New Energy

Manager - New Energy
Department/Division: New Energy, Trading & Marketing Division
Location: Houston, TX
Reports Directly To: Director - New Energy
FLSA Status: Exempt
SUMMARY: The New Energy Manager will have related experience in the decarbonization sector (New Energy - RNG and or Liquified Fuels ). The candidate will be responsible for all commercial activities related to Origination, Marketing, Business Development, Trading, and risk / position management. Transaction modelling experience and understanding of applicable conversions/ compliance programs is essential. We are looking for a self-starter with excellent communication skills. Existing account coverage and client interaction experience and management of external client accounts is beneficial. Having a good understanding of key project variables such as project supply, offtake, transport pathway registration and customer short term and long-term pricing objectives in support of certain projects for development or offtake agreements necessary. The candidate will be an integral part of the New Energy desks expansion and growth in North America and supportive across Mitsui's global decarbonization efforts. The successful candidate must be able to maintain focus, demonstrate key attributes such as attention to detail and meet strict deadlines in a dynamic environment. Travel is required to attend conferences, client meetings, project and site visits.
ESSENTIAL FUNCTIONS & RESPONSIBILITIES:

• Account Coverage: Develop and maintain client relationships coverage related to the procurement and marketing of RNG supply across various trade sectors.
• Manage Risk and Reporting of positions: understand all positions and manage short term liquidity of applicable credits such as RINS and LCFS credits. Generate, maintain and manage all reports required by EPA, State and ISCC compliance.
• Business development: marketing and origination of offtake agreements from various sources of supply and contracting of structured offtake agreements in support of investment or desk initiatives.
• Deal Input: Accurate and timely data entry into Mitsui's risk system (Allegro Horizon).
• Inventory Management: Monitor and manage inventory levels at various facilities to ensure adequate stock for customer demand.
• Logistics Coordination: Collaborate with MEMS traders and any middle and back-office desks to ensure positions are properly managed.
• Contract: Generate the contracts Such as purchase sale agreements, NAESB with RNG addendums, LEAP accounts, MRETs, LRT.
• Market Analysis: candidate must have a capable understanding of risk and deal analytics, DCF, market risk, credit risk metrics and with our team be able to communicate vertically and across business lines when establishing new deal approvals. Stay updated on market trends, demand fluctuations, and pricing to make informed decisions and market information review.
• Compliance: Ensure compliance with safety regulations, environmental guidelines, and industry standards in all scheduling activities.
• Reporting: Generate reports on scheduling performance, inventory levels, and other key metrics, providing insights for continuous improvement. Keep trading and scheduling teams informed of market and pipeline information.
• Problem-Solving: Proactively identify and address all commercial issues when structuring transactions such as transportation delays or supply disruptions, to minimize disruptions to operations. Assist middle office and back office to clear discrepancies for P&L reporting and invoicing.
• Adherence to all corporate Risk Management policies and procedures.

REQUIRED SKILLS & ABILITIES:

• Job knowledge and experience
• Demonstrated ability to be an initiative-taking problem-solver.
• Attention to detail.
• Experience in State and Federal reporting / compliance programs - registry, credit transfer, compliance - reporting. .
• Ability to review, draft commercial contracts such as PSA, NAESB, LEAP agreements in support of spot and structured transactions.
• Must be able to work in a open floor concept / team environment.
• Excellent communication and people skills.
• Ability to work under pressure and meet deadlines.
• Ability to work after-hours and on weekends as needed.

EDUCATION & EXPERIENCE:

• Undergraduate degree (Supply Chain Management, Logistics, Accounting, Finance, Economics, or relevant area) or equivalent related work experience
• A minimum of 3 - 5 years' energy experience with direct New Energy experience preferred.

LANGUAGE SKILLS:

• Fluent verbal and written skills in English

LICENCES, CERTIFICATES, REGISTRATIONS:

• None

WORK ENVIRONMENT & PHYSICAL DEMANDS:
This job operates in a professional office environment and routinely uses standard office equipment such as computers, phones, photocopiers, and filing cabinets. Physical demands include:

• Prolonged periods of sitting and may need to routinely move around to communicate with different groups

Benefits & Perks

• Medical, Dental, Vision benefits
• 401K and Company Match
• Tuition Reimbursement
• Generous PTO Policy
• Breakroom Snacks / Beverages
• Company Telework Policy

Disclaimer:
This position description is not to be construed as an exhaustive statement of duties, responsibilities, or requirements. Employees may be required to perform any other job-related instructions as requested by their leader, subject to reasonable accommodation.
MEMS is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, protected veteran status, or disability.