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)
Responsible for planning, directing and administering risk management, analysis and control programs. Directs staff in implementing, applying, monitoring and maintaining risk management procedures and standards, risk management analysis and reports, and approval procedures to manage risk exposure. Coordinates risk management and controls with management in other business units including working closely with energy marketers and traders to incorporate short and long term market conditions into the risk management strategy. Collaborates to formulate Calpine’s risk management policies.
Other risk management responsibilities include, overseeing daily mark-to-market analysis, providing analysis of commodity margin results to forecast and spearheading improvements to all risk management systems and tools to ensure that corporate risk policies and procedures are adhered to.