Sr Contracts Development Analyst
Sr Contracts Development Analyst
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$ 82800 - 117600
1 Vacancy
Job Description
Are you looking for an exciting job where you can put your skills and talents to work at a company you can feel proud to be a part of Do you want a workplace that will challenge you and offer you opportunities to learn and grow A position at Xcel Energy could be just what youre looking for.
Position Summary
Administer the design development implementation and analysis of financial and physical commodity contracts credit support agreements financial/hedging contracts and other documents. Partner with counterparty and Legal to complete the industrywide enabling and security agreements. Review and coordinate the assessment of structured transactions with stakeholders to move the deal flow forward. Communicate status with Front Office and Risk leadership. Identify contract issues requiring legal review and input from Front Office. Coordinate with stakeholders to document and implement contract solutions. Integrate critical contract information into various information systems daily. Review FERC filings and coordinate development of contract guidelines and regulatory strategies.
Essential Responsibilities
- Contract Development & Analysis: Develop and implement a variety of energy related service contracts and agreements (e.g. ISDA MPPSA PSA WSPP NAEMA Brokerage Services Credit Support Annexes NDAs etc.. Evaluate and revise contract & credit provisions drafted by third parties to ensure consistency with corporate contract templates and requirements. Identify contract risks issues and provisions requiring legal analysis and interpretation. Review and provide input on nonstandard agreements. Ensure contracts and documents comply with Company standards & policies. Monitor contracts for reopeners renewal dates and termination dates.
- Perform cross functional analyses and reviews of structured transactions effectively communicating deal specifics to various functional groups for their independent review and analysis. Vet transaction questions. Administer the origination transaction pipeline communicating deal timelines to ensure inputs and deliverables are completed on a timely basis.
- Contract Database Management: Maintain various contract confirmation records management and retrieval systems & processes. Ensure the transfer of contract provisions counter party information and physical records to these systems. Enter and maintain counterparty and contract information in Documentum and other systems.
- Regulatory Policy & Compliance: Research and track FERC filings to evaluate business impact and proposed contract and regulatory mitigation strategies. Prepare filing of executed contracts amendments and terminations with FERC and state regulatory agencies. Prepare required reports for MidContinent Area Power Pool Western Systems Power Pool and FERC. Primary responsible party for contract data requests.
- Represent the Company: Actively participate in industry and trade association contracts subcommittees and working groups. Monitor industry trends and contract issues to inform management and stakeholders of significant changes to industrystandard templates.
Minimum Requirements
- Bachelors degree in Finance Accounting or related field.
- Six years of contract administration analysis or related experience in an energy or commercial trading organization.
- Energy contracts experience.
- Knowledge of wholesale contract law and bankruptcy concepts/provisions.
- Experience negotiating with counterparties and advocating for Company positions with decisionmakers.
- Strong written and verbal communication skills to prepare contracts and interface with Legal executives and authorized signatories.
Preferred
- Paralegal experience or a Juris Doctorate degree preferred
As a leading combination electricity and natural gas energy company Xcel Energy offers a comprehensive portfolio of energyrelated products and services to 3.4 million electricity and 1.9 million natural gas customers across eight Western and Midwestern states. At Xcel Energy we strive to be the preferred and trusted provider of the energy our customers need. If youre ready to be a part of something big we invite you to join our team.
All qualified applicants will receive consideration for employment without regard to age race color religion sex sexual orientation gender identity national origin disability or status as a protected veteran.
Individuals with a disability who need an accommodation to apply please contact us at .
NonBargainingThe anticipated starting base pay for this position is: $82800.00 to $117600.00 per yearThis position is eligible for the following benefits: Annual Incentive Program Medical/Pharmacy Plan Dental Vision Life Insurance Dependent Care Reimbursement Account Health Care Reimbursement Account Health Savings Account (HSA) (if enrolled in eligible health plan) LimitedPurpose FSA (if enrolled in eligible health plan and HSA) Transportation Reimbursement Account Shortterm disability (STD) Longterm disability (LTD) Employee Assistance Program (EAP) Fitness Center Reimbursement (if enrolled in eligible health plan) Tuition reimbursement Transit programs Employee recognition program Pension 401(k) plan Paid time off (PTO) Holidays Volunteer Paid Time Off (VPTO) Parental LeaveBenefit plans are subject to change and Xcel Energy has the right to end suspend or amend any of its plans at any time in whole or in part.
In any materials you submit you may redact or remove ageidentifying information including but not limited to dates of school attendance and graduation. You will not be penalized for redacting or removing this information.
Deadline to Apply: 05/15/25EEO is the Law EEO is the Law Supplement Pay Transparency Nondiscrimination Equal Opportunity Policy (PDF) Employee Rights (PDF)
ACCESSIBILITY STATEMENT
Xcel Energy endeavors to make accessible to any and all users. If you would like to contact us regarding the accessibility of our website or need assistance completing the application process please contact Xcel Energy Talent Acquisition at This contact information is for accommodation requests only and cannot be used to inquire about the status of applications.
Required Experience:
Senior IC
Employment Type
Full-Time
