Power Trading Lead

OpenAI
Seattle, San Francisco
Workplace: RemoteFull timeUSD 181,000 - 285,000 annuallyFunction: Capital Markets, Trading & QuantExperience: 10+ yearsSkills: ["Analytical ability","Cross-functional communication","Executive-summary skills","Judgment","Documentation"]

Own OpenAI’s commodity hedging strategy and execution for the data center power portfolio, translating electricity and fuel exposures into practical hedging, procurement, and risk-management decisions. You’ll quantify exposure across sites, load shapes, tenors, tariffs, and supply structures, evaluate hedging instruments, coordinate with cross-functional teams, monitor market/regulatory changes, and produce executive-ready analyses and governance playbooks to protect infrastructure economics while enabling growth.

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FursaFursa
OpenAI
OpenAI
1 day ago

Power Trading Lead

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Job Summary

Own OpenAI’s commodity hedging strategy and execution for the data center power portfolio, translating electricity and fuel exposures into practical hedging, procurement, and risk-management decisions. You’ll quantify exposure across sites, load shapes, tenors, tariffs, and supply structures, evaluate hedging instruments, coordinate with cross-functional teams, monitor market/regulatory changes, and produce executive-ready analyses and governance playbooks to protect infrastructure economics while enabling growth.
Location: Seattle, San Francisco
Workplace: Remote
Employment Type: Full time
Job Function: Capital Markets, Trading & Quant
Seniority: Mid level

Key Responsibilities

  • •Develop and maintain commodity hedging strategy across electricity, natural gas, and related exposures for data center operations and growth.
  • •Quantify portfolio exposure by market, site, load shape, tenor, tariff, and supply structure, and translate that into hedging recommendations.
  • •Evaluate and execute hedging structures using instruments such as fixed-price supply, forwards, swaps, options, retail supply products, and basis/congestion risk mitigation.
  • •Partner with utilities, suppliers, traders, banks, consultants, and market counterparties to source products and improve risk-adjusted energy economics.
  • •Monitor wholesale power and gas markets and regulatory changes, produce executive-ready analyses on commodity risk and hedge performance, and build governance controls and playbooks.

Pay and Benefits

Salary: USD 181,000 - 285,000 annually
Equity and Bonus:Equity

Key Requirements

  • •10+ years in power trading, energy procurement, commodity risk management, utility strategy, energy markets, or related roles.
  • •Deep understanding of U.S. wholesale power markets, retail supply structures, utility tariffs, congestion and basis risk, capacity, and natural gas market linkages.
  • •Experience designing or executing hedging strategies for large energy consumers, generators, utilities, data centers, or similar infrastructure.
  • •Strong analytical ability to translate complex market exposure into clear commercial, financial, and executive recommendations.
  • •Comfort working with ISDAs, supply contracts, risk limits, approvals, and internal controls (plus if applicable).
Experience:10+ yearsEnergy marketsPower tradingCommodity risk management
Skills:Analytical abilityCross-functional communicationExecutive-summary skillsJudgmentDocumentation

Company Brief

OpenAI
Develops and deploys advanced generative AI models (including ChatGPT and DALL·E) and AI infrastructure, providing APIs and consumer products to accelerate safe AGI for broad benefit.
Industry: AI & Machine Learning
Company Size: Enterprise (1,001+ employees)
Revenue: USD 1B+
Growth: Scaleup
Valuation: Hectocorn (USD 100B+)
Funding: Series E+
Headquarters: San Francisco, United States
Founded: 2015
Glassdoor
Glassdoor: 4.4
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