Senior Originator (Utility Markets)

Are you looking for an exciting job where you can put your skills and talents to work at a company you can feel proud to be a part of? Do you want a workplace that will challenge you and offer you opportunities to learn and grow? A position at Xcel Energy could be just what you're looking for. Position Summary Generates profitable wholesale sales, renewable sales, and services opportunities for Xcel Energy. Develops extensive professional electric industry contacts, bringing market intelligence back to the trading and marketing function. Maintains positive customer relationships with both purchasers and suppliers. Acts as a mentor for less experienced originators by utilizing experiences in dealing with customers and energy and renewable markets. Essential Responsibilities Generates profitable wholesale electric sales, renewables, and emission credit sales. Identifies customer needs and develops different structures of electric services agreements. Uses electric industry experience in evaluating industry trends, company data, and the business environment to identify prospective mid-market and longer term power origination opportunities. Develops positive long-term relationships with key counterparties. Prepares and presents power purchase/supply proposals to customers. Makes oral and written sales presentations to senior management of potential customers, as well as Xcel Energy's senior management. Promotes sales of power and renewables to other utilities by building and maintaining positive customer relationships with existing customers. Uses network of industry contacts and relationships to bring back needed market intelligence. Works closely with the trading desk to develop structured transactions wanted by customers in the wholesale markets. Is responsible for understanding and using various pricing models and has a deep understanding of centralized electric market operations, including markets such as the Midwest ISO and the Southwest Power Pool. Understands various transmission tariffs and is able to acquire firm & non-firm transmission paths needed to support transactions. May be assigned to various renewable and/or emission credit markets. Assists Wholesale Account management to fill any short-term needs to meet resource adequacy requirements for Xcel Energy Operating Companies. Develops, gains needed approvals, and implements wholesale sales strategies for Xcel Energy Operating Companies. Plays a key part in helping to set corporate objectives and strategic direction. Utilizes industry knowledge, including relationships with key counterparties to support the Market Operations team in promoting Xcel Energy objectives in various industry forums. Provides technical market knowledge support to Purchased Power during the negotiation of long-term purchased power agreements. Mentors other originators by utilizing past experiences with customers, energy markets, and/or transmission expertise. Is recognized within Xcel Energy as an expert in mid-term structured power transactions. May be called upon to provide testimony in regulatory proceedings. Minimum Requirements Master's degree (preferably MBA) in engineering, business, economics or related field. Eight to ten years of equivalent experiences in trading and marketing or technical sales may be substituted for a degree. Minimum of 5 year's experience in the energy industry. At least 3 year's experience in power marketing, trading, or origination role. Preferred Qualifications Deep understanding of ISO/RTO market structures and rules, with a focus on MISO, SPP, and SPP RTO Expansion (RTOE), including resource adequacy constructs, capacity obligations, and auction frameworks. Demonstrated ability to structure and execute transactions that support utility system needs, including capacity, energy, and reliability requirements across multiple time horizons. Established commercial relationships with counterparties holding or controlling generation and capacity resources in core Xcel regions (MISO North, SPP South, and WECC/Front Range). Strong understanding of regulated utility business models, including cost recovery constructs, regulatory obligations, and the alignment of market activity with utility customer outcomes. Experience partnering with resource planning teams to develop and execute strategies that meet both long-term portfolio needs and near-term system requirements. Proven track record of working closely with utility operations and dispatch teams to ensure market activities support day-to-day reliability, operational flexibility, and system constraints. Ability to balance commercial objectives with risk management and compliance requirements, ensuring activities are aligned with corporate risk policies and regulatory standards of conduct. Demonstrated focus on customer and system value creation through market transactions, with an emphasis on supporting utility-serving obligations rather than standalone proprietary trading strategies. As a leading combination electricity and natural gas energy company, Xcel Energy offers a comprehensive portfolio of energy-related products and services to 3.4 million electricity and 1.9 million natural gas customers across eight Western and Midwestern states. At Xcel Energy, we strive to be the preferred and trusted provider of the energy our customers need. If you're ready to be a part of something big, we invite you to join our team. Individuals with a disability who need an accommodation to apply please contact us at recruiting@xcelenergy.com. Non-Bargaining The anticipated starting base pay for this position is: $167,000.00 to $236,600.00 per year This position is eligible for the following benefits: Annual Incentive Program, Medical/Pharmacy Plan, Dental, Vision, Life Insurance, Dependent Care Reimbursement Account, Health Care Reimbursement Account, Health Savings Account (HSA) (if enrolled in eligible health plan), Limited-Purpose FSA (if enrolled in eligible health plan and HSA), Transportation Reimbursement Account, Short-term disability (STD), Long-term disability (LTD), Employee Assistance Program (EAP), Fitness Center Reimbursement (if enrolled in eligible health plan), Tuition reimbursement, Transit programs, Employee recognition program, Pension, 401(k) plan, Paid time off (PTO), Holidays, Volunteer Paid Time Off (VPTO), Parental Leave Benefit plans are subject to change and Xcel Energy has the right to end, suspend, or amend any of its plans, at any time, in whole or in part. In any materials you submit, you may redact or remove age-identifying information including but not limited to dates of school attendance and graduation. You will not be penalized for redacting or removing this information. Deadline to Apply: 06/12/26 EEO is the Law | EEO is the Law Supplement | Pay Transparency Nondiscrimination | Equal Opportunity Policy (PDF) | Employee Rights (PDF) All Xcel Energy employees and contractors share responsibility for protecting the company's information and systems by adhering to cybersecurity policies, standards, and best practices, recognizing that cybersecurity is everyone's responsibility. ACCESSIBILITY STATEMENT Xcel Energy endeavors to make https://www.xcelenergy.com/ accessible to any and all users. If you would like to contact us regarding the accessibility of our website or need assistance completing the application process, please contact Xcel Energy Talent Acquisition at recruiting@xcelenergy.com. This contact information is for accommodation requests only and cannot be used to inquire about the status of applications. You. Us. Together. At Xcel Energy, we're more than an energy company. We're reinventing how we power communities. Redefining how we care for customers. Reaffirming our commitment to the planet. We're committed to leading with equity and inclusion. You're not waiting for change – you're creating it. You're driven to protect the environment, support your community, and seek innovation. You want a career that grows with you and an employer who values you. You are reliable, trustworthy and bring integrity to everything you do. We are leading the way in clean energy. We're using technology and innovation in every facet of our company. We're providing safe, stable jobs with robust benefits. We keep our customers at the center of all we do. We're committed to hiring a workforce that reflects the communities we serve. Together, we can provide carbon-free electricity by 2050. Together, we can take care of the environment and our communities. Together, we can create a place where everyone belongs. Together we're building a better tomorrow.