Sid Jacobson

Sid Jacobson Email and Phone Number

Principal | Risk and Strategy Executive @ Pivotal Risk Advisors
Houston, TX, US
Sid Jacobson's Location
Houston, Texas, United States, United States
Sid Jacobson's Contact Details
About Sid Jacobson

Energy markets and risk management executive who is respected for possessing strong portfolio driven commercial decision-making, complemented with fact-based risk/reward analysis and organizational leadership.- Specializes in start-up, rapid growth, new market entry, change in ownership, and turn-around leadership- Supported over $80B in financial restructuring, asset acquisitions and business transformations,- Implemented Commercial Operations and Commodity Strategies and Hedging Programs that improved financial performance from $150M-$400M in EBITDA- Transformed approach to commodity AR/AP, Credit Risk and Collateral Management that helped reduce capital requirements $185M-$600M- Optimized decisions around the lifespan and acquisition/build of Generating Facilities, demonstrating O&M costs can be offset by economic optimization resulting in a $1M to $15-$20M cost to margin contribution ratio- Worked with over 40 energy organizations to transform their multi-commodity commercial operations and commodity and physical and contractual asset portfolios- Drives commercial strategy, commodity hedging, and operational decision-making that improve probabilistic outcomes for achieving or exceeding corporate strategy and financial objectives- Manages the quantitative teams to build portfolio level stochastic models that measure risk/reward to drive decision analysis; and business analyst teams to drive process and decision support- Aligns governance, controls and strategy execution to manage risk to financial performance, customer affordability, and corporate vision- Engaged in the clean transformation of a predominantly coal utility through decarbonization strategies including solar integration, carbon sequestrations and economic decisions around coal/gas conversion- Trusted for enterprise risk management, commercial strategy and commodity markets acumen by equity owners, creditors, boards, c-suite, finance, operations and commercial/commodity business unit leads

Sid Jacobson's Current Company Details
Pivotal Risk Advisors

Pivotal Risk Advisors

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Principal | Risk and Strategy Executive
Houston, TX, US
Sid Jacobson Work Experience Details
  • Pivotal Risk Advisors
    Principal | Risk And Strategy Executive
    Pivotal Risk Advisors
    Houston, Tx, Us
  • Cleco
    Vice President Of Risk Management
    Cleco May 2020 - Sep 2024
    Pineville, Louisiana, Us
    As Vice President of Risk Management and a corporate finance executive, transformed and implemented new market, credit, capital adequacy, enterprise risk management programs rooted in commodity lifecycle controls, probabilistic portfolio valuation, and decision support for fuels, generation and retail.- Successfully on-boarded and implemented the commodity management, hedging and credit risk management program for Cleco Cajun, acquired from NRG in 2019.- Built a new hedging framework for Cleco Power, Cleco's regulated utility, to mitigate the impact of natural gas on customer rates and improve the economic dispatch of Cleco's solid fuel and natural gas generation fleet.- Measurable results included--- Improved EBITDA by $400M at its peak--- Reduced working capital requirements by over $250M--- Protected the IPP from credit default by over $300M at its peak--- Reduced risk to the ratepayer by over $35M by optimizing dispatch availability--- Reduced risk to the ratepayer by over $15/Mwh through fuel hedging program- Recruited and mentored a team of 8 risk analysts, risk control managers, credit and structured finance SMEs- Drove an Enterprise Risk Framework to manage uncertainty and maximize $2.8B--$3.0B Equity Value valuation of latent strategic and operational risks on expected outcomes.- Championed the implementation and upgrade of two independent ETRM software products to automate transaction lifecycle controls, valuation, credit and collateral requirements, SOX controls and financial reporting.- Led risk analytics team to implement a reliable data integrated portfolio risk model that measured all physical and financial attributes of 'revenue, net fuel' and FCA through straight through processing in PYTHON and TABLEAU platform.
  • Cleco
    Risk Management Director - Commodities And Financial
    Cleco Jan 2019 - Apr 2020
    Pineville, Louisiana, Us
  • Pivotal Risk Advisors
    Managing Director
    Pivotal Risk Advisors Oct 2014 - Dec 2018
    Houston, Texas, Us
    Pivotal Risk Advisors is a consulting boutique focused on helping organizations engaged in energy, commodity and related financial markets improve their commercial operations and decision making through the implementation of portfolio analytics and risk management and controls processes.Key Accomplishments included:- Developed over 15 retained clients and strategic alliances with leading economic consulting, software and audit firms resulting in 3-5 new opportunities a month.- Implemented a renewable energy credits risk management framework and analytical approach from measuring risk for the country's leading roof-top solar provider, subsequently wholly acquired by TESLA.- Facilitated the acquisition of a 3100MW Coal and Natural Gas portfolio of Generating Facilities and 12 cooperative and municipal customers to support a regional utilities development of a hedge program that provided five-years of positive EBITDA and improved the risk profile to be a-symmetrically positive.- Led an industry wide benchmarking survey on risk controls for the CCRO and its members that became the go-to white paper for adequate commodity and credit risk controls. - Helped the merchant trading arm of a Colorado utility develop a suite of commodity management dashboards to improve insight from trader level performance of derivative transactions, to one that was focused on financial performance, risk and credit exposure of the integrated capital, transactions and asset portfolio.
  • Sungard Consulting Services
    Partner, Risk & Compliance
    Sungard Consulting Services Jul 2011 - Oct 2014
    Houston, Tx, Us
    Served as practice lead for Dodd-Frank Act compliance solutions with designation of subject lead for CFTC, FERC, and ISO market manipulation and trade surveillance compliance process and modeling. Provided consulting for trading, risk management, and regulatory compliance to drive business development and client management.
  • Pa Consulting Group
    Managing Consultant - Global Energy Practice
    Pa Consulting Group Mar 1999 - Feb 2011
    London, London, Gb
    Retained by over 30 commodity based organizations to help drive commercial decisions, develop new commodity strategies, improve commercial operations and strengthen risk management frameworks.- Supported over $80B in financial restructurings, mergers and acquisitions, intercompany integrations, and new market entry with the accountability to lead the transformation of commercial operations, implement fit-to-purpose risk management frameworks, and drove independent analysis and restructuring of commodity supply, transportation, and PPA contracts. --- Projects typically resulted in improvement of EBITDA return on O&M by -$75M - $150M.--- Reduction of working capital requirements from $150M-$600M--- Improvement of 13-week + 8month + 5 year financial projections and portfolio risk analysis to T+1 to 3.--- Reduction of mark to market risk on portfolios from $40M - $150M, including the identification of blind spots not typically found in rudimentary ETRM VAR models.--- Managed client and consultant teams of up to 25 people, including from 4-6 concurrent projects.My role had direct accountability with C-suite leadership, board members, banking, private equity and investment fund shareholders and creditors, and cross functional staff to achieve objectives.
  • Conectiv Energy
    Risk Manager
    Conectiv Energy Feb 1997 - Oct 1998
    Us
    Led risk analysis, trading controls, financial trading and structuring; centralized commodity trading and developed a new risk management and controls framework.
  • Nymex
    Manager - Commodity Options
    Nymex Jan 1995 - Jan 1997
    London, Gb
    Led launch of electricity and natural gas futures and options, expansion into Latin America and growth of options on crude oil, heating oil and unleaded gas.
  • Portland House Group
    Risk Manager - Derivatives Trader
    Portland House Group Jan 1993 - Jun 1994
    Au
    Managed trading and risk management for the U.S. equity and treasuries derivatives portfolio of a global hedge fund/family trust based in Melbourne, Australia and London, England.
  • Gamma Energy
    Options Strategist
    Gamma Energy Jan 1991 - Jan 1993
    Offanengo, Cr, It
    Marketed derivative strategies to global oil, refined products and natural gas companies for executing broker.
  • Chicago Research And Trade
    Options Trader - Energy & Equities
    Chicago Research And Trade May 1986 - Oct 1991
    Options market-maker and member of NYMEX and AMEX; traded crude oil, heating oil, natural gas and XMI/OEX index.

Sid Jacobson Skills

Commodity Markets Risk Management Derivatives Commodity Trading Energy Options Energy Markets Strategy Hedging Mergers And Acquisitions Management Consulting Due Diligence Business Strategy Enterprise Risk Management Natural Gas Equities Market Risk Etrm Hedge Funds Strategic Consulting Business Transformation Consulting Dodd Frank Commodity Risk Management Business Process Improvement Energy Trading Risk Management Consulting Corporate Governance Acquisition Integration Structured Products Swaps Risk Governance Commodities Proprietary Trading Options Strategies Electricity Markets

Sid Jacobson Education Details

  • Syracuse University
    Syracuse University
    Finance
  • Earl L Vandermeulen
    Earl L Vandermeulen

Frequently Asked Questions about Sid Jacobson

What company does Sid Jacobson work for?

Sid Jacobson works for Pivotal Risk Advisors

What is Sid Jacobson's role at the current company?

Sid Jacobson's current role is Principal | Risk and Strategy Executive.

What is Sid Jacobson's email address?

Sid Jacobson's email address is si****@****ard.com

What is Sid Jacobson's direct phone number?

Sid Jacobson's direct phone number is +128167*****

What schools did Sid Jacobson attend?

Sid Jacobson attended Syracuse University, Earl L Vandermeulen.

What skills is Sid Jacobson known for?

Sid Jacobson has skills like Commodity Markets, Risk Management, Derivatives, Commodity, Trading, Energy, Options, Energy Markets, Strategy, Hedging, Mergers And Acquisitions, Management Consulting.

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