VP, FTR

About us:

Founded in 1990, LS Power is a premier development, investment, and operating company focused on the North American power and energy infrastructure sector, with leading platforms across generation, transmission and energy expansion solutions. Since inception, LS Power has developed or acquired 50,000 MW of power generation, including utility-scale solar, wind, hydro, battery energy storage, and natural gas-fired facilities. Through its transmission business, LS Power Grid, the company built and operates 780+ miles of high-voltage transmission and 7 transmission utilities and has another 375+ miles currently in construction or development. LS Power actively invests in and scales businesses that are meeting the growing needs of the energy expansion, including electric vehicle charging, demand response, microgrids, renewable fuels and waste-to-energy platforms. Over the years, LS Power has raised more than $76 billion in debt and equity capital to support North American infrastructure.

Our Purpose, Mission, & Values:

Our Purpose is to solve complex energy problems that improve the world

Our Mission is to make lives better by developing a cleaner and more reliable energy ecosystem

Our Values are the willingness to participate in and help strengthen our culture of integrity, Innovation, Teamwork, and Taking Ownership

Our People create value and are our Most Valuable asset.  We take our values of Integrity, Innovation, Teamwork and Taking Ownership seriously and ask candidates to think about how they can help us further enhance our culture with their specific skillsets, capabilities and experiences.

Benefits:

We provide our team the opportunity to share their unique perspectives, solve new challenges, and continue in their career growth. We are committed to supporting employees’ happiness, healthiness, and overall well-being by providing comprehensive benefits that include 100% employer paid premium healthcare, paid parental leave and more.

Compensation:

The salary for this role is $225,000 - $275,000. This is the range that we in good faith anticipate relying on when setting wages for this position. We may ultimately pay more or less than the posted range and this range is only applicable for jobs to be performed in New York, NY.  This salary range may also be modified in the future.

About the Role:

As VP of FTR, you will lead the development and growth of our Financial Transmission Rights (FTR) platform. You will be responsible for building and managing a high-performing team, driving both technical and commercial strategy, and ensuring the success of our FTR desk.

What you will do:

• Lead and build the FTR business, including recruiting, mentoring, and developing a team of technical and commercial professionals.
• Serve as a player-coach, actively participating in both strategic decision-making and hands-on execution.
• Develop and implement strategies to target key FTR markets, identifying opportunities for growth and expansion.
• Oversee the development of the FTR platform, collaborating with technology, analytics, and trading teams to ensure robust, scalable solutions.
• Manage risk across the FTR business, establishing frameworks and controls to monitor and mitigate exposure.
• Utilize capital effectively to build and scale the FTR desk, ensuring optimal allocation and return on investment.
• Represent LS Power in industry forums, regulatory discussions, and with key stakeholders.

We want you on our team because you…

• Demonstrate deep expertise in FTR markets (PJM, ERCOT, NYISO, MISO), trading, and risk management.
• Are both technically and commercially savvy, able to bridge the gap between analytics and business strategy.
• Have a proven track record of building and leading successful teams in energy trading or related fields.
• Thrive in a fast-paced, entrepreneurial environment and are motivated by solving complex energy challenges.
• Foster a culture of innovation, integrity, teamwork, and ownership within the FTR team.

Ideally, you have

• Hold a Bachelor’s Degree
• 10+ years of experience in energy trading, with significant exposure to FTR markets.
• Demonstrated leadership experience, including building and managing teams.
• Strong technical skills in analytics, modeling, and platform development.
• Deep understanding of risk management principles and practices.
• Excellent communication and stakeholder management abilities.
• A passion for innovation and driving business growth.