Sid Jacobson Email & Phone Number

Houston, Tx, Us

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.

Pineville, Louisiana, Us

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.

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.

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.

Us

Led risk analysis, trading controls, financial trading and structuring; centralized commodity trading and developed a new risk management and controls framework.

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.

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.

Offanengo, Cr, It

Marketed derivative strategies to global oil, refined products and natural gas companies for executing broker.

Options market-maker and member of NYMEX and AMEX; traded crude oil, heating oil, natural gas and XMI/OEX index.

B.S. B.A., Finance

Education record