Calpine Corporation is America's largest generator of electricity from natural gas and geothermal resources with operations in competitive power markets. Its fleet of 77 power plants in operation represents over 27,000 megawatts of generation capacity. Through wholesale power operations and its retail businesses, Calpine serves customers in 22 states and Canada. Its clean, efficient, modern and flexible fleet uses advanced technologies to generate power in a low-carbon and environmentally responsible manner.

The company was established on the premise that a strong commitment to the environment is inextricably linked to excellence in power generation and corporate responsibility. Since its founding in 1984, Calpine has led the power industry in its unwavering commitment to environmental stewardship. In addition, its renewable geothermal plants use steam generated deep below the earth's surface to produce clean, renewable electricity.

Job Summary (includes but is not limited to the following, other duties may be assigned)

The Deal Clearing Analyst may be responsible for reviewing and analyzing trades to determine which are to be entered into the risk management system. Escalate all trades with complex pricing to the Commercial Analytics team to ensure appropriate deal capture and valuation. Responsible for using approved deal entry procedures and maintain structured transactions in the risk management system. In addition to deal entry, responsibilities may include setting up necessary data components or working with others responsible to ensure all pertinent data is entered into the system. Work as a team with traders and other internal groups to resolve discrepancies. Maintain processes and procedures to reconcile transaction activity within the risk management system and strive to improve procedures and enhance efficiency of deal entry.

Job Responsibilities

Solid working knowledge. Experienced professional with full understanding of job, company, and industry practices. Performs in fully-functioning capacity, equivalent to a journey level contributor. Makes decisions regarding own work, often in ambiguous situations. Makes recommendations regarding own function/discipline. Solves operational problems and associated technical issues. Modifies existing tools, techniques, or processes. Works on problems of moderate complexity. Effectively manages multiple projects under pressure and meets assigned deadlines as required. Uses independent judgment within defined policies and practices. Interprets guidelines, select methods, techniques, and analytical approach. Little instruction on day-to-day work, general instructions on new assignments. May be designated project or technical lead for an ongoing process or short-term project within own department. Information sharing – gives and receives information such as options, technical direction, instruction and reporting results.

Job Requirements

Bachelor’s Degree in Accounting or related field preferred or an equivalent combination of education and experience. Typically requires 3+ years’ experience.

Additional Benefit - Hybrid with On-Site in Houston, TX: Three times a week with Manager approval 

Additional Calpine Information

Equal Opportunity Employer of Minorities, Females, Protected Veterans, and Individuals with Disabilities. Calpine is committed to Equal Employment Opportunity and providing reasonable accommodations to applicants with physical and/or mental disabilities. If you are interested in applying for employment and need special assistance or an accommodation to use our website or to apply for a position, please send an e-mail with your request to hrrecruitment@calpine.com. Determination on requests for reasonable accommodation are made on case-by-case basis.

Please view Equal Employment Opportunity Posters provided by OFCCP here