Senior Originator (Utility Markets)

About this role

Are you looking for an exciting job where you can put your skills and talents to work at a company you can feel proud to be a part of? Do you want a workplace that will challenge you and offer you opportunities to learn and grow?  A   position at Xcel Energy could be just what you’re looking for.

This role sits at the intersection of utility strategy, commercial origination, market analytics, and risk management. The primary focus is supporting the near-term and mid-term needs of Xcel Energy operating companies through creative market solutions, strategic transactions, and analytical problem solving. Success in the role requires working across commercial, planning, regulatory, operational, and market functions to develop practical solutions that support system reliability, resource adequacy, customer value, and utility objectives.

The position develops and executes market-based transactions involving capacity, energy, renewable products, and related commercial arrangements. The role maintains strong industry relationships, develops market intelligence, and helps identify opportunities to address evolving utility needs. The position also serves as a mentor and subject matter resource to less experienced team members.

Position Summary

Generates profitable wholesale sales, renewable sales, and services opportunities for Xcel Energy. Develops extensive professional electric industry contacts, bringing market intelligence back to the trading and marketing function. Maintains positive customer relationships with both purchasers and suppliers. Acts as a mentor for less experienced originators by utilizing experiences in dealing with customers and energy and renewable markets.

Essential Responsibilities • Develops and executes wholesale electric, capacity, renewable, and emission credit transactions that support utility objectives while creating commercial value.   Identifies customer needs and develops different structures of electric services agreements. Uses electric industry experience in evaluating industry trends, company data, and the business environment to identify prospective mid-market and longer-term power origination opportunities. Develops positive long-term relationships with key counterparties. Prepares and presents power purchase/supply proposals to customers. Makes oral and written sales presentations to senior management of potential customers, as well as Xcel Energy's senior management.

• Promotes sales of power and renewables to other utilities by building and maintaining positive customer relationships with existing customers. Uses network of industry contacts and relationships to bring back needed market intelligence. Works closely with the trading desk to develop structured transactions wanted by customers in the wholesale markets. Is responsible for understanding and using various pricing models and has a deep understanding of centralized electric market operations, including markets such as the Midwest ISO and the Southwest Power Pool. Understands various transmission tariffs and is able to acquire firm & non-firm transmission paths needed to support transactions. May be assigned to various renewable and/or emission credit markets.

• Assists Wholesale Account management to fill any short-term needs to meet resource adequacy requirements for Xcel Energy Operating Companies. Develops, gains needed approvals, and implements wholesale sales strategies for Xcel Energy Operating Companies.

• Plays a key part in helping to set corporate objectives and strategic direction. Utilizes industry knowledge, including relationships with key counterparties to support the Market Operations team in promoting Xcel Energy objectives in various industry forums. Provides technical market knowledge support to Purchased Power during the negotiation of long-term purchased power agreements.

• Mentors other originators by utilizing past experiences with customers, energy markets, and/or transmission expertise. Is recognized within Xcel Energy as an expert in mid-term structured power transactions. May be called upon to provide testimony in regulatory proceedings.

Minimum Requirements: • Master's degree (preferably MBA) in engineering, business, economics or related field.

• Eight to ten years of equivalent experiences in trading and marketing or technical sales may be substituted for a degree.

• Minimum of 5 year's experience in the energy industry.

• At least 3 year's experience in power marketing, trading, or origination role.

Preferred Qualifications: • Deep understanding of ISO/RTO market structures and rules, particularly MISO and SPP, including resource adequacy constructs, capacity accreditation frameworks, planning reserve requirements, and capacity procurement mechanisms.

• Experience identifying and solving utility system needs through market-based transactions involving capacity, energy, renewable products, transmission rights, or other commercial structures.

• Demonstrated ability to structure and negotiate transactions that balance commercial objectives, risk management considerations, regulatory obligations, and customer outcomes.

• Strong understanding of regulated utility business models, including integrated resource planning, cost recovery mechanisms, regulatory oversight, and utility-serving obligations.

• Experience working with resource planning, generation planning, regulatory affairs, risk management, or utility operations teams to develop solutions supporting near-term and long-term system requirements.

• Knowledge of transmission systems, deliverability constraints, congestion risk, capacity accreditation concepts, and the interaction between market structures and utility reliability requirements.

• Experience evaluating market opportunities, emerging risks, and evolving market design changes that affect utility operations, customer costs, and resource adequacy strategies.

• Ability to translate complex market, commercial, and risk management concepts

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