Financial Analyst II

Requisition ID:  93245 

Florida Power & Light Company is the largest electric utility in the U.S., providing reliable energy to nearly 12 million Floridians. With one of the nation’s most fuel-efficient, cost-effective power generation fleets and industry-leading reliability, we’re redefining what’s possible in energy. Want to be part of something powerful? Join our outstanding team and help shape the future of energy.

Position Specific Description

The Financial Analyst II assists in the overall investment oversight of NextEra’s assets held within the pension, nuclear decommissioning trusts, 401k, and other programs, focusing on portfolio operations while growing into an investment role. This position supports both traditional investments (e.g. publicly-traded equity and fixed income) as well as complex alternative investments (e.g. private equity, private credit, real estate, and hedge funds).  
The individual interfaces with external investment fund managers, trustees, and consultants, as well as internal stakeholders, such as Accounting, Legal, Tax, HR (Benefits) and the Nuclear Business Management team.

• Key responsibilities include: 
      
• Operations:
  
  • Monitor asset allocation relative to targets, changes in funded status, and cash flows;
  • Interact with external and internal parties to ensure investment activity is recorded accurately/timely and in compliance with fiduciary and regulatory requirements;
  • Support preparation of management reports and regulatory filings (e.g. 5500s, 10Ks, 10Qs) including activities related to preparation of US GAAP financial and footnote disclosures;
  • Complete investment subscription documents for fund commitments;
  • Carry out administrative and operational requirements specific to the investment programs
• Portfolio Strategy:
  
  • Participate in the development and implementation of asset allocation, policies, and strategies;
  • Monitor performance of financial markets for implications that could affect the programs and develop or alter strategic direction as necessary;
  • Develop scenarios to understand impacts of different hypothetical market events on the portfolio
• Existing Fund Managers:
  
  • Perform regular reviews and evaluations of existing fund managers;
  • Research and report on holdings, performance, risk exposures and analyze impacts of market changes on investments
• New Investment Opportunities:
  
  • Perform research on new investment strategies and market opportunities;
  • Conduct extensive due diligence, both qualitative and quantitative;
  • Prepare decision-making documents & presentations;
  • Review legal and financial documentation and assist in implementation/execution
  • Perform related assignments and special projects as required
  • The analyst will be heavily involved in the implementation of a new portfolio management technology platform
     

Skills and Experience:

• The ideal candidate will have some experience and understanding of the underpinnings of institutional investment management and investment program administration in an institutional setting, including a basic understanding of alternative investments (e.g., hedge funds, private capital, real estate and securities; co-investment) and complex financial transactions;
• Prior experience in institutional investments, wealth management or investment research through an internship is a plus;
• Knowledge of investments, including performance measurement, quantitative tools & analysis (statistical concepts, methods, and models, including their application to investments and the monitoring of risk);
• Knowledge of global and domestic macroeconomic and capital markets;
• Understanding of portfolio management and investment management concepts and strategies;
• Familiarity with complex security instruments and strategies;
• Excellent interpersonal, writing and presentation skills;
• Attention to detail and strong organizational skills;
• High degree of self-initiative; ability to work independently with minimal guidance;
• Ability to multitask and ensure deliverables are completed timely; ability to meet inflexible deadlines;
• Some travel is required;
• Bachelor's Degree in finance, business, accounting or a related area;
• MBA, CFA, CAIA, or other relevant graduate degree or designation is desirable