Prologis
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Director of Energy Trading - Global Energy (Remote)

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Prologis is the global leader in logistics real estate. We own, manage and develop high-quality properties in the world's most vibrant centers of commerce, with over 1 billion square feet in 19 countries, over $200B of gross AUM. Some of the world's largest brands (e.g., Amazon, BMW, DHL, FedEx, Pepsi) turn to us because they know an efficient supply chain will make their businesses run better, and a strategic relationship with Prologis will create a competitive advantage. As a top ranked U.S. company among the Global 100 Most Sustainable Corporations in the World, we take our global footprint seriously.
Job Title:
Director of Energy Trading - Global Energy
Company:
Prologis
Location:
Remote, New York, New Jersey, Illinois, California, Texas, Denver
Do you want to be a part of the largest corporate energy company?
Prologis is seeking an ambitious and passionate Director of Energy Trading to scale our energy offerings, with a strong focus on building a large renewables portfolio and decarbonization solutions. Strong experience with wholesale energy markets and knowledge of both regulated and deregulated markets is required. This position can be remote or remote/hybrid at one of our 30+ offices across the US. We own over 4,725 buildings across the globe and in many markets have hundreds of buildings which provide a huge opportunity for bundling energy. The right candidate has procured energy for commercial businesses in the US and/or Europe, understands the drivers in energy markets around the world, has experience working with ISOs and local utilities and has been involved in many energy trading operations ideally including renewables. Experience with offsite solar, wind, VPPAs, demand response programs, community solar, in front of the meter storage, carbon offsets, REC trading and electric vehicle infrastructure is highly valued. Anything we can do to help solve customer needs or monetize our unparalleled holdings is in play. Prologis is currently ranked #3 for onsite solar among US corporations and is actively engaged in solar, storage and EV projects in over 11 countries. We are investing in projects, growing our team, and expanding our commitment to energy projects globally. You will report to the Global Head of Utilities and Energy Storage and will closely with Global Head of Sustainability Solutions and our team of global energy professionals who are driving value for Prologis.
This position offers an unparalleled ability to build the largest portfolio of commercial energy assets globally.
What's needed in order to do that:
  • Develop and execute wholesale market bidding strategies, energy portfolio trading, scheduling, and hedge strategies to manage market exposure associated with energy, shape, basis, and ancillary positions
  • Initiate structures and structured products, to enable risk management and optimization at a project or portfolio-level including identification and negotiation of transactions to sell surplus available power generation to third parties in forward markets
  • Maintain a fundamental understanding and ongoing updating of supply-demand and price forecasts for energy, ancillary services, and voluntary carbon markets (grouped as offsets reflecting removal, reduction and avoidance of GHGs).
  • Perform the necessary financial modelling to inform power procurement terms for contracts under negotiation and regularly assess cost and price optimization opportunities for existing contracts
  • Support projects development, evaluation, and origination teams with market forecasts assumptions in building a revenue growth pipeline for global energy businesses.
  • Demonstrated knowledge of/ experience with REC/GO minting/trading and LCFS programs.
  • Lead dispatch modeling, and optimization strategies for battery energy storage assets. This includes both stand-alone and paired solar+storage assets for shaped products.
  • Manage contractual relationships and coordinate with legal, as needed, to assist with contract negotiations and to resolve programmatic needs/requirements
  • Follow energy regulatory frameworks and assess the impact of potential changes on existing energy portfolio, contracts and new leads.
  • Managing short- and long-term positions in energy markets in accordance with established risk management procedures and policies
  • Interface and develop strong working relationships with various regional internal and external partners to ensure the Energy team brings value to our real estate business

Tell us if you're ready.
  • Bachelor's degree in a quantitative discipline like engineering, applied science, economics, or statistics.
  • 10+ years of experience in energy markets, energy trading, power contract negotiations, energy regulations, renewable development, or energy generation technologies
  • Strong understanding of electricity market design, federal and state regulatory rules and issues, tariff structures, renewable energy, and renewable incentives
  • Strong understanding of Independent System Operator (ISO) setup, operations, and participation in deregulated wholesale and retail markets. Experience in Mexico also a plus.
  • Proven ability to evaluate new energy markets, utility tariffs, policies, power contracts, or evaluating new energy sourcing opportunities and technologies
  • Knowledge of PPAs, VPPAs, demand response, distributed solar, energy storage, EV and general renewable energy
  • Understanding of the interplay between system design, cost, project economics, financed pricing and ability to run and use financial models
  • Familiarity with renewable credit programs, renewable project development, power forecasting and scheduling, portfolio management theory, advanced energy storage, or alternative energy resources
  • Experience building relationships and working with industry stakeholders, such as utilities, regional power planning agencies, renewable project developers, project investors, and renewable OEMs
  • Demonstrated ability to innovate and get creative to develop executable projects
  • A history of collaboration, problem solving and communication that drives overall team success
  • Able to travel up to 20% of the time

Hiring Salary Range for Colorado Residents: $165,000-$200,000 Salary and whole compensation package (bonus target & LTI) to be determined by the candidate's education, experience, knowledge, skills, and abilities, as well as internal equity and alignment with market data.
All full-time roles in the US come with a robust benefits package which includes healthcare, dental, and vision insurance for employees and eligible dependents. Prologis also offers several other wellness, financial, and work/lifestyle-specific benefits. Our 401(k) retirement plan has a company match of 50% up to 12% of eligible compensation. We also offer generous PTO with a starting accrual of 22 days a year in addition to paid holidays and volunteer time.
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People First
Each of us working at Prologis plays an essential role in the enduring success of our company. We value people who are decisive, courageous and adaptable. While we are one company, locations and departments operate with autonomy and accountability. Individuals take the initiative here.
When you join Prologis, you work shoulder to shoulder with some of the top talent in the industry to do the best work of your career. Every employee belongs. Every employee contributes. Employees advance their careers here.
As a successful global enterprise, Prologis has never lost sight of what matters most, our strong belief that our people are the most important part of our business. And because of that, we provide a generous total rewards package and take a lot of time to focus on quality management and leadership development. People come first here.
All job offers are contingent upon successful completion of drug screen and background verification. Prologis is an Equal Opportunity/Affirmative Action employer and all qualified applicants will receive consideration for employment without regard to race, color, religions, sex, national origin, sexual orientation, gender identity, disability status, protected veteran status, or any other characteristic protected by law.
Employment Type:
Full time
Location:
Chicago, Illinois
Additional Locations:
Cerritos, California, Dallas, Texas, East Rutherford, New Jersey, Houston, Texas, New York, New York, Remote - US, San Francisco, California
As a condition to the commencement of your employment, Prologis requires proof of full vaccination against COVID-19. You are considered fully vaccinated two (2) weeks after your second dose in a two-dose series, such as the Pfizer or Moderna vaccines, or two (2) weeks after a single-dose vaccine, such as the Johnson & Johnson vaccine. In addition, we are now requiring all employees to get a vaccine booster when eligible. Prologis will consider requests for a reasonable accommodation as to the vaccination requirement on the basis of a disability or sincerely-held religious belief in accordance with applicable law.
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What are Prologis Perks + Benefits

Culture
Volunteer in local community
Prologis hosts an annual IMPACT Day and partners with a variety of local charities. Additionally, employees are provided 16 hours of company sponsored & personal volunteer hours annually.
Partners with Nonprofits
Friends outside of work
Eat lunch together
Intracompany committees
Open door policy
Team owned deliverables
Team based strategic planning
Open office floor plan
Diversity
Documented equal pay policy
Dedicated Diversity/Inclusion Staff
Unconscious bias training
Hiring Practices that Promote Diversity
Health Insurance & Wellness Benefits
Flexible Spending Account (FSA)
In 2021, Prologis employees can contribute up to $2750 annually to their FSA.
Disability Insurance
Short Term Disability insurance covers 70% of salary up to $2500 weekly maximum payout. Long Term Disability insurance covers 60% of salary up to $17,000 monthly maximum payout.
Dental Benefits
Our dental plan covers up to $2000 of annual expenses. 100% Preventative 80% Basic 50% Major
Vision Benefits
The vision benefits plan -$20 copay for annual eye exams with $130 allowance for frames or contact lenses.
Health Insurance Benefits
Our health insurance plan covers up to 80% of out of pocket expenses after annual deductible is met.
Life Insurance
Company paid life insurance is equal to 2 times an employee's annual salary. Available voluntary life 1X-5X annual salary.
Wellness Programs
Onsite Gym
Mental Health Benefits
EAP benefits available for all employees =6 free visits per occurrence. Additionally, virtual behavioral health and in person mental health benefits available to those enrolled in our medical plan.
Retirement & Stock Options Benefits
401(K)
Prologis' 401(k) retirement plan offers a broad selection of stocks, bonds and international index funds to choose from.
401(K) Matching
Prologis provides employees with a 401(k) matching plan managed by Fidelity. We match 50% of contributions up to 12% of an employee's eligible compensation.
Performance Bonus
Match charitable contributions
The Prologis Foundation matches your financial donations up to $1,000 per year to eligible non profit organizations.
Child Care & Parental Leave Benefits
Child Care Benefits
Prologis provides Backup child care assistance. through Bright Horizons
Generous Parental Leave
We provide up to 10 weeks of 100% paid parental leave for eligible employees.
Flexible Work Schedule
Prologis provides employees with a flexible work schedule that includes Flexible start and end times.
Family Medical Leave
Adoption Assistance
We reimburse up to $10,000 for eligible adoption expenses and 10 weeks of 100% paid parental leave.
Vacation & Time Off Benefits
Generous PTO
Prologis employees accrue between 22 and 32 days per year of paid time off based on years of service.
Paid Volunteer Time
Our employees receive 32 hours per year of paid volunteer time. 16 hours of company sponsored & 16 hours for personal volunteer time
Paid Holidays
Perks & Discounts
Beer on Tap
Casual Dress
Prologis casual dress code includes jeans every day of the week.
Commuter Benefits
In the Denver office, free ECO pass available to all employees.
Company Outings
Stocked Kitchen
Prologis has a fully stocked kitchen including unlimited snacks, coffee, tea and all of the flavored soda and water you can handle.
Happy Hours
Professional Development Benefits
Job Training & Conferences
Tuition Reimbursement
Our tuition reimbursement plan offers an annual max of $5000.
Diversity Program
Lunch and learns
Prologis hosts lunch and learn meetings on occasion.
Cross functional training encouraged
Promote from within
Continuing Education stipend

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