The Power Originator is responsible for the marketing, origination and execution of physical and financial power transactions in the Japanese electricity market. Acting as a bridge between clients, Trading and Structuring, the Power Originator identifies clients' business challenges and risk-management needs and develops and executes appropriate transaction solutions. The Power Originator analyses market developments and the activities of market participants to develop new client relationships and identify new trading opportunities. The role works closely with internal Trading, Structuring, Risk, Credit, Legal and Operations teams to drive transactions from pricing and hedging through contract execution and trade execution.

Key Responsibilities

Act as a commercial and business development representative of JERA Global Markets, building and strengthening relationships with utilities, electricity retailers, generators, renewable energy developers, large electricity consumers and other relevant market participants.

Understand clients' power price and supply-demand exposures, business objectives, and procurement and sales requirements, and translate these needs into actionable transaction opportunities.

Develop and structure physical and financial power products using forwards, swaps, options and other instruments, and lead the internal coordination required to introduce new products and transaction structures.

Work closely with Trading and Structuring/Quantitative teams to develop transaction pricing, valuation methodologies and hedging strategies.

Structure products including fixed- and floating-price power supply/offtake, shaped and profile products, PPAs, renewable energy-related products, optionality/flexibility products and other tailored solutions.

Prepare commercial proposals and term sheets, including indicative pricing, and clearly explain the transaction structure, economics and risks to clients.

Lead negotiations on key commercial terms, including credit, tenor, volume, optionality and price.

Manage transactions throughout the full lifecycle, from client development and onboarding through structuring, internal approvals, contract negotiation, trade execution and ETRM booking to handover to Operations.

Work collaboratively with Trading, Risk, Legal & Compliance, Finance & Treasury and Operations to ensure transactions are appropriately valued, hedged, documented and managed.

Maintain an active transaction pipeline and identify new opportunities arising from changes in market design, regulation, supply and demand, fuel prices, competitor activity and client behaviour.

Gather and analyse market participants' activities and market views, including price expectations, and share relevant market intelligence with the Trading desk.

Monitor changes in laws, regulations and market rules applicable to the Japanese power market and assess their implications for transactions and potential business opportunities.

Evaluate transactions in the context of JERAGM's overall portfolio and risk positions and ensure compliance with JERAGM's risk-management framework, delegated authorities, regulatory requirements and standards of conduct.

■Role Opportunity

This role offers the opportunity to further develop expertise in power origination within a growingcommodity trading business while taking on increasingly significant transactions and responsibilities.JERA Global Markets is committed to promoting equality, diversity and inclusion in the workplace. We arean equal opportunities employer and are committed to creating an environment where a diverseworkforce can thrive.