OpenAI
Power Trading Lead
Remote role where the employee must remain based in a particular country.
United States only
Employer listed it 7 weeks ago · Added 5 days ago
Been open since 7 weeks ago. Long-running listings are sometimes left up after the role is filled.
Salary
$223,000 to $385,000
Location
United States only
Timezone
Not stated
Contract
Full-time
Experience
Lead
Category
Other
Published by the employer
Remote flexibility
Work from home
This is a remote role, but the employee must be based in United States. It is work from home rather than work from anywhere.
What the employer says
- Source listing states candidate location: "US - Remote, Remote"
- Job description states: "US-based"
What Nomaders makes of it
- Payroll and tax are likely handled in that country only
The quotes above are the employer's own words; the reading is ours. Always check the original listing and employment terms before working from another country.
About the role
About the Team
OpenAI, in close collaboration with our capital partners, is building the world’s most advanced AI infrastructure ecosystem. The Power & Land team owns the energy strategy required to secure reliable, scalable, and economically resilient power for OpenAI’s global data center portfolio.
About the Role
The Power Trading Lead will own commodity hedging strategy and execution across OpenAI’s data center power portfolio. This role will translate large, dynamic electricity and fuel exposures into practical hedging, procurement, and risk-management strategies that protect infrastructure economics while preserving flexibility for growth.
This is an individual contributor lead role and does not have direct reports initially. The role will work across power markets, utility tariffs, retail and wholesale supply structures, natural gas and power hedges, renewable and clean firm products, and portfolio risk analytics to support long-term compute growth.
Key Responsibilities
Develop and maintain OpenAI’s commodity hedging strategy across electricity, natural gas, and related energy exposures for data center operations and growth.
Quantify portfolio exposure by market, site, load shape, tenor, tariff, and supply structure, and translate that exposure into clear hedging recommendations.
Evaluate and execute hedging structures including fixed-price supply, forwards, swaps, options, retail supply products, congestion and basis risk mitigation, and related instruments where appropriate.
Partner with utilities, suppliers, traders, banks, consultants, and market counterparties to source competitive products and improve risk-adjusted energy economics.
Build decision frameworks for when to hedge, how much to hedge, and which risks to retain across different stages of site development, construction, and operations.
Coordinate with finance, treasury, legal, procurement, energy regulatory, sustainability, and site-readiness teams to ensure hedging strategy aligns with broader infrastructure objectives.
Monitor wholesale power markets, gas markets, congestion, basis, capacity, ancillary services, tariff developments, and regulatory changes that could affect portfolio cost or reliability.
Produce executive-ready analyses on commodity risk, hedge performance, downside scenarios, and recommended actions.
Help build repeatable governance, controls, reporting, and playbooks for commodity risk management across the infrastructure portfolio.
Qualifications
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 other power-intensive infrastructure.
Strong analytical ability to translate complex market exposure into clear commercial, financial, and executive recommendations.
Experience working with ISDAs, supply contracts, risk limits, approvals, and internal controls is a plus.
Strong cross-functional communication skills and comfort operating in a fast-moving, ambiguous environment.
Excellent judgment, documentation, and executive-summary skills.
About OpenAI
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 other power-intensive infrastructure.
- ·Strong analytical ability to translate complex market exposure into clear commercial, financial, and executive recommendations.
- ·Experience working with ISDAs, supply contracts, risk limits, approvals, and internal controls is a plus.
Benefits
No benefits package published with this listing. Ask about it at first interview.
How to apply
- 1Check the flexibility label above, work from home, matches where you plan to live and work.
- 2Tailor your CV to the role at OpenAI, mentioning your remote working experience.
- 3Apply directly on the employer's careers page using the button below. Nomaders never handles your application.
Found 5d ago. Last checked 23 Sept. Always confirm the details on the original posting, salary and location can change after publication.
Listing sourced from Company boards.
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