Power Trading Lead

OpenAI
San Francisco, WA
Remote
Job Description
Role Overview

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.

What You Will Do

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.

Why It Might Be a Fit

This role requires 10+ years of experience in power trading, energy procurement, commodity risk management, utility strategy, energy markets, or related roles. The ideal candidate will have a deep understanding of U.S. wholesale power markets, retail supply structures, utility tariffs, congestion and basis risk, capacity, and natural gas market linkages.

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
  • Strong cross-functional communication skills and comfort operating in a fast-moving, ambiguous environment
  • Excellent judgment, documentation, and executive-summary skills

Benefits

  • Competitive salary
  • Equity
  • Healthcare
  • PTO
  • Retirement plan
  • Learning budget
  • Parental leave
  • Wellness programs
  • Visa/relocation assistance
  • Remote flexibility
  • Stipends
  • Bonus/commission
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