Careers

DIRECTOR OF GAS AND POWER ORIGINATION

Location:

Chicago, IL, Houston, TX (Remote)

Reports to:

Senior Vice President of Commercial Operations

Base Salary:

$175,000 - $195,000

Position Summary

The Director of Gas and Power Origination is responsible for originating, structuring, and executing natural gas and power transactions that support the company’s power generation portfolio. This role focuses on optimizing fuel supply, managing price and basis risk, and developing integrated gas-to-power strategies that enhance gross margin, reliability, and long-term asset value.

The position requires deep expertise in natural gas procurement, hedging, transportation, storage, and optimization strategies tailored to power generation assets across organized and bilateral markets.

ABOUT THE TEAM

The Commercial team is at the center of market-facing activity for Middle River Power’s generation fleet. We drive the company’s trading and asset optimization strategies, support acquisition due diligence, and develop energy market views that help shape business decisions. We operate in close coordination with M&A, Finance, Development, and Operations, making this a high-impact team with broad visibility and influence across the organization.

The Behaviors We Hire For: 

Middle River Power thrives off a set of behaviors that allow our team-based culture to reach high standards and build off one another’s strengths. MRP is a PE-backed environment that requires moving at pace, calculated risk-taking and creative problem-solving. The people we hire must excel not only in their technical domain but also embody the behaviors that make us successful.

  • Love What You Do – Genuine curiosity for the energy sector and our business
  • Collaborate to Win – Works across teams; believes partnership delivers results
  • Comfort with Ambiguity – Adapts to growth and change; solves problems resourcefully
  • Innovation Over Status Quo – Brings fresh thinking, challenge assumptions
  • Confident & Honest– Owns their contribution; transparent about what they don’t know
  • Progressive Problem Solver – Guides problems to solutions; works hard to get it done
  • Here for the Long Term– Committed to building a career and business with others

Overview of our Hiring Process 

We take a progressive approach to our interview process. Which means that we don’t keep the application window open long and get you right into panel conversations with those you will be working with day-to-day. Final round interviews are usually held onsite and include members of our leadership team. In some situations, we will ask candidates to complete a project or build a presentation when it is relevant to the job. Our commitment is to be timely and value your time while you are in conversations with MRP. 

Work Location

To foster a collaborative culture, we aim to place roles within one of our office locations. In some cases, we may create remote roles when it makes sense for business. Frequency and location of travel for team meetings and job duties will vairy by role. MRP is an in-office 4 days a week organization. 

Compensation

MRP builds is compensation packages to reward and recognize high-performing talent. Base salary ranges are designed to be competitive by market and take into consideration individual experience, technical skills and long-term career growth. Each employee is also eligible for an annual discretionary bonus based on their level and company annual performance metrics.

Location

Chicago, IL, Houston, TX (Remote)

Reports to

Senior Vice President of Commercial Operations

Base Salary

$175,000 - $195,000

Key RESPONSIBILITIES

Origination & Commercial Strategy

  • Originate and negotiate natural gas and power transactions, including physical supply agreements, financial hedges, and structured products in support of generation assets
  • Develop and execute gas-to-power origination strategies that optimize dispatch economics, capacity value, and risk-adjusted returns
  • Identify new commercial opportunities with utilities, marketers, producers, pipelines, storage providers, and large end-users

Natural Gas Procurement & Optimization

  • Manage natural gas buying strategies for power generation facilities, including day-ahead, term, and long-term supply
  • Design and execute hedging strategies using futures, options, swaps, and basis products to manage commodity price risk
  • Optimize pipeline transportation and storage assets, including firm and interruptible capacity, seasonal storage, and peaking services
  • Evaluate fuel optionality, basis exposure, and operational constraints affecting plant dispatch and profitability

Risk Management & Analytics

  • Partner with risk management and analytics teams to assess market exposure, value-at-risk, and gross margin at risk
  • Ensure compliance with internal risk limits, credit policies, and trading controls
  • Monitor market fundamentals, regulatory developments, and infrastructure changes affecting gas and power markets

Cross-Functional Leadership

  • Collaborate closely with power trading, asset management, operations, finance, and regulatory teams
  • Support development, financing, and commercial diligence for new power generation projects
  • Provide market insight and strategic recommendations to senior leadership

Qualifications & Experience

Required

  • Bachelor’s degree in finance, Economics, Engineering, Business, or a related field
  • 8+ years of experience in natural gas and/or power markets, with a strong focus on origination and commercial strategy
  • Commercial judgment and deal experience
  • Ability to communicate at a technical and executive level
  • Can easily switch between being highly strategic and detail oriented
  • Can demonstrate strong decision-making methodologies and risk awareness
  • Demonstrated expertise in:
    • Natural gas procurement and hedging
    • Pipeline transportation and storage economics
    • Gas-to-power optimization for generation assets
    • Physical and financial commodity structures

Preferred

  • Experience supporting merchants or contracted power generation portfolios
  • Familiarity with organized wholesale markets (e.g., PJM, CAISO, ERCOT, MISO, SPP)
  • Proven ability to structure complex commercial agreements and manage counterparty relationships
  • Strong quantitative, analytical, and negotiation skills

Benefits & Perks

MRP offers a wholistic and comprehensive benefits package for all employees that consists of the following:

  • Medical, vision, dental for employees and families are 90% employer funded
  • FSA and HSA Plans with company contributions to the HAS
  • 15 days of PTO plus Holidays and two floating holidays
  • Employee EAP and wellness services
  • Parental Leave
  • 401k with a company match up to 4%

 

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