NRG Header

Origination Analyst

Houston, TX

Job Description

As an NRG employee, we encourage you to take charge of your career and development journey. We invite you to explore exciting opportunities across our businesses. You'll find that our dynamic work environment provides variety and challenge. Your growth is key to our ongoing success-take the lead in shaping your career development, goals and future!


Job Summary

The Origination Analyst is a key member of the Wholesale Origination team, responsible for supporting the development and execution of energy transactions. This role involves in-depth market analysis, financial modeling, and the creation of proposals for potential clients and counterparties. The ideal candidate will possess a strong analytical skillset, a foundational understanding of energy markets (power, natural gas, renewables, etc.), and excellent communication skills to collaborate with internal teams and external stakeholders.

Key Responsibilities

Market Analysis:

  • Monitor and analyze real-time and long-term trends in energy markets, including power prices, natural gas fundamentals, renewable energy credit (REC) values, and regulatory changes.
  • Research and identify new business opportunities, potential clients, and market inefficiencies.
  • Prepare detailed market reports and presentations to inform origination strategy.

Financial Modeling and Valuation:

  • Build and maintain complex financial models to evaluate the profitability and risk of potential transactions (e.g., power purchase agreements, tolling agreements, structured deals).
  • Perform discounted cash flow (DCF) analysis, net present value (NPV) calculations, and scenario analysis to assess deal value.
  • Collaborate with trading, risk management, and finance teams to ensure accurate valuation and risk assessment.

Deal Support and Proposal Development:

  • Assist in the preparation of proposals, term sheets, and presentations for clients and internal stakeholders.
  • Draft and review transaction documents, ensuring accuracy and alignment with approved deal terms.
  • Support senior originators in the negotiation process by providing data-driven insights and analysis.

Collaboration and Communication:

  • Work closely with cross-functional teams, including trading, risk management, legal, credit, and asset management, to facilitate the deal lifecycle from initial concept to final execution.
  • Serve as a point of contact for external counterparties and clients as needed, building and maintaining professional relationships.

Reporting and Administration:

  • Track and report on the origination pipeline, deal status, and market activities.
  • Maintain accurate and up-to-date records of all transactions and market information in relevant systems (ie. Salesforce)

Qualifications

Education:

  • Bachelor's degree in Finance, Economics, Engineering, Mathematics, or a related quantitative field. A Master's degree or professional certifications (e.g., CFA) is a plus.

Experience:

  • 1-3 years of experience in energy, finance, or a highly analytical role. Experience in a trading or origination environment is highly preferred.

Skills & Competencies:

  • Strong proficiency in financial modeling and valuation techniques.
  • Advanced knowledge of Microsoft Excel is essential. Experience with Python, R, or other programming languages for data analysis is a significant advantage.
  • Solid understanding of North American energy markets (e.g., ISOs/RTOs like PJM, ERCOT, CAISO) and their fundamental drivers.
  • Excellent analytical, problem-solving, and critical-thinking skills.
  • Exceptional written and verbal communication abilities.
  • Proven ability to manage multiple projects and priorities in a fast-paced, deadline-driven environment.

NRG Energy is committed to a drug and alcohol-free workplace. To the extent permitted by law and any applicable collective bargaining agreement, employees are subject to periodic random drug testing, and post-accident and reasonable suspicion drug and alcohol testing. EOE AA M/F/Protected Veteran Status/Disability. Level, Title and/or Salary may be adjusted based on the applicant's experience or skills.

EEO is the Law Poster (The poster can be found at http://www.eeoc.gov/employers/upload/poster_screen_reader_optimized.pdf)

Official description on file with Talent.

PDN-a003aa69-6dad-4abb-8117-5023e0f43c00

As an NRG employee, we encourage you to take charge of your career and development journey. We invite you to explore exciting opportunities across our businesses. You'll find that our dynamic work environment provides variety and challenge. Your growth is key to our ongoing success-take the lead in shaping your career development, goals and future!


Job Summary

The Origination Analyst is a key member of the Wholesale Origination team, responsible for supporting the development and execution of energy transactions. This role involves in-depth market analysis, financial modeling, and the creation of proposals for potential clients and counterparties. The ideal candidate will possess a strong analytical skillset, a foundational understanding of energy markets (power, natural gas, renewables, etc.), and excellent communication skills to collaborate with internal teams and external stakeholders.

Key Responsibilities

Market Analysis:

  • Monitor and analyze real-time and long-term trends in energy markets, including power prices, natural gas fundamentals, renewable energy credit (REC) values, and regulatory changes.
  • Research and identify new business opportunities, potential clients, and market inefficiencies.
  • Prepare detailed market reports and presentations to inform origination strategy.

Financial Modeling and Valuation:

  • Build and maintain complex financial models to evaluate the profitability and risk of potential transactions (e.g., power purchase agreements, tolling agreements, structured deals).
  • Perform discounted cash flow (DCF) analysis, net present value (NPV) calculations, and scenario analysis to assess deal value.
  • Collaborate with trading, risk management, and finance teams to ensure accurate valuation and risk assessment.

Deal Support and Proposal Development:

  • Assist in the preparation of proposals, term sheets, and presentations for clients and internal stakeholders.
  • Draft and review transaction documents, ensuring accuracy and alignment with approved deal terms.
  • Support senior originators in the negotiation process by providing data-driven insights and analysis.

Collaboration and Communication:

  • Work closely with cross-functional teams, including trading, risk management, legal, credit, and asset management, to facilitate the deal lifecycle from initial concept to final execution.
  • Serve as a point of contact for external counterparties and clients as needed, building and maintaining professional relationships.

Reporting and Administration:

  • Track and report on the origination pipeline, deal status, and market activities.
  • Maintain accurate and up-to-date records of all transactions and market information in relevant systems (ie. Salesforce)

Qualifications

Education:

  • Bachelor's degree in Finance, Economics, Engineering, Mathematics, or a related quantitative field. A Master's degree or professional certifications (e.g., CFA) is a plus.

Experience:

  • 1-3 years of experience in energy, finance, or a highly analytical role. Experience in a trading or origination environment is highly preferred.

Skills & Competencies:

  • Strong proficiency in financial modeling and valuation techniques.
  • Advanced knowledge of Microsoft Excel is essential. Experience with Python, R, or other programming languages for data analysis is a significant advantage.
  • Solid understanding of North American energy markets (e.g., ISOs/RTOs like PJM, ERCOT, CAISO) and their fundamental drivers.
  • Excellent analytical, problem-solving, and critical-thinking skills.
  • Exceptional written and verbal communication abilities.
  • Proven ability to manage multiple projects and priorities in a fast-paced, deadline-driven environment.

NRG Energy is committed to a drug and alcohol-free workplace. To the extent permitted by law and any applicable collective bargaining agreement, employees are subject to periodic random drug testing, and post-accident and reasonable suspicion drug and alcohol testing. EOE AA M/F/Protected Veteran Status/Disability. Level, Title and/or Salary may be adjusted based on the applicant's experience or skills.

EEO is the Law Poster (The poster can be found at http://www.eeoc.gov/employers/upload/poster_screen_reader_optimized.pdf)

Official description on file with Talent.

PDN-a003aa69-6dad-4abb-8117-5023e0f43c00

About NRG

At NRG, we are the power industry’s leading company and we’ve grown from a power generator into an energy provider that powers homes and businesses throughout America.


Our customer-focused mentality has led us to create technologies and tools that empower residents and organizations to think critically about their electricity, including where their power is coming from, what impact it has on the environment, and how they can become more conscious energy users.  We partner with businesses to customize innovative power and sustainability solutions that are informed by our years of experience as market leaders. And we work diligently to stay ahead of an ever-evolving energy climate with rising demands.

 

Energy is all around us, fueling our day-to-day experiences. It keeps our families safe, it keeps our businesses running and it helps our neighborhoods thrive. But we have to be willing to transform the way we approach energy and imagine new solutions that will strengthen our collective energy community. We’re proud to be leading that transformation, and we hope you’ll join us.

Related Jobs

Apply For This Job
Origination Analyst
NRG
Houston, TX
Oct 2, 2025
Your Information
First Name *
Last Name *
Email Address *
This email belongs to another account. Please use a diferent email address or Sign In.
Zip Code *
Password *
Confirm Password *
Create your Profile from your Resume
By clicking the Apply button, you agree to the terms of use and privacy policy and consent to receive emails from us about job opportunities, career resources, and other relevant updates. You can unsubscribe at any time.
Ace your interview with
AI-powered interview practice

Get comfortable talking to hiring managers, receive personalized feedback on areas for improvement, sharpen your ability to answer the most common questions, and build confidence in formulating strong responses on the spot. Click the button below to begin your three free virtual interviews!

©2025 International Association of Women.
Powered by TalentAlly.