Deal Clearing Analyst

Calpine Corporation is America's largest generator of electricity from natural gas and geothermal resources with operations in competitive power markets. Its fleet of 77 power plants in operation represents over 27,000 megawatts of generation capacity. Through wholesale power operations and its retail businesses, Calpine serves customers in 22 states and Canada. Its clean, efficient, modern and flexible fleet uses advanced technologies to generate power in a low-carbon and environmentally responsible manner.

The company was established on the premise that a strong commitment to the environment is inextricably linked to excellence in power generation and corporate responsibility. Since its founding in 1984, Calpine has led the power industry in its unwavering commitment to environmental stewardship. In addition, its renewable geothermal plants use steam generated deep below the earth's surface to produce clean, renewable electricity.

Job Summary (includes but is not limited to the following, other duties may be assigned)

Utilize the risk management system to confirm physical and financial energy commodity trades including but not limited to gas, power, emission and transmission for wholesale activity.

Job Responsibilities

• Assist with negotiation of physical and financial entry disputes in coordination with Contract Administration, Front Office, Legal, Risk Control, Risk Analysis and other internal departments.
• Manage Outlook inbox daily
• Reconcile broker confirmations to risk management system.
• Reconcile FCM Exchange trades to risk management system.
• Reconcile counterparty via eConfirm, OATI, OASIS website entries to risk management system.
• Support financial transactions related to Dodd Frank reporting processes.
• Create and deliver daily internal confirmations to counterparties.
• Ensure confirmations are sent, received and returned in accordance with company procedures.
• Review and execution of daily counterparty confirmations received.
• Identify and correct trade discrepancies between broker, counterparties and exchange confirmations.
• Generate and reconcile daily status reports and queries to management regarding the status of all key initiative checkout processes. Also includes various monthly reports.
• Responsible for electronic confirmation filing.
• Analyze trade updates and controls for all trades created by Contracts Trade conveyance processes for name changes, mergers and acquisitions.
• Handle internal and external audit requests
• Other duties and projects as assigned.
• Member of Calpine Cyrus One Wave Responder Team.

Job Scope/Technical Excellence

• Solid working knowledge.
• Experienced professional with full understanding of job, company, and industry practices.
• Performs in fully-functioning capacity, equivalent to a journey level contributor.
• Makes decisions regarding own work, often in ambiguous situations.
• Makes recommendations regarding own function/discipline.
• Solves operational problems and associated technical issues.
• Modifies existing tools, techniques, or processes.
• Works on problems of moderate complexity.
• Effectively manages multiple projects under pressure and meets assigned deadlines as required.
• Uses independent judgment within defined policies and practices.
• Interprets guidelines, select methods, techniques, and analytical approach.
• Little instruction on day-to-day work, general instructions on new assignments.
• May be designated project or technical lead for an ongoing process or short-term project within own department.
• Information sharing - gives and receives information such as options, technical direction, instruction and reporting results.

Job Requirements

• Bachelor's Degree in Accounting or related field preferred or an equivalent combination of education and experience.
• Typically requires 3+ years' experience.

Additional Benefit - Hybrid with On-Site in Houston, TX: Three times a week with Manager approval

Additional Calpine Information