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Revised as of Thursday, August 22, 2019 07:02 AM

 

SaltHill Group is searching for qualified candidates to fill several open positions with our clients including global energy companies, oil & gas majors, hedge funds, I-Banks, IPPs, proprietary trading firms, utilities, retail energy providers, and market research firms.  We work with companies nationwide.  Sample open positions include:

 

  • FTR/CRR Traders, Position #1
  • Senior ERCOT Power Originator, Position #2
  • Transmission Trading Analyst (Speculative Focus, Position #3
  • Lead Transmission Analyst (Generation Focus), Position #4
  • Power Trading Analyst, Position #5
  • PJM Power Fundamentals Manager, Position #6
  • CaISO Power Fundamentals Manager, Position #7
  • Power Quantitative Structuring Manager, Position #8
  • Power Risk Control Lead, Position #9
  • Strategic Solutions Specialist (Renewable Power), Position #10

 

For information on these open positions, please contact chynes@salthillgroup.com by e-mail and visit our website www.salthillgroup.com/candidates/opportunities/.

SaltHill Group
191 North Wacker Drive, Suite 2300
Chicago, Illinois 60606
chynes@salthillgroup.com
Phone 312-422-1392  

Position #1: FTR/CRR Traders – CaISO, ERCOT, MISO, NY, NE, Ontario, PJM or SPP Focus
Position trades in monthly, quarterly and annual auctions.  Required: advanced degree (PhD or master’s required, power engineering preferred), strong fundamental market knowledge, strong modeling and programming skills (power system economics, power flow and dispatch models), and prior profitable trading record trading FTRs/CRRs in a hedging or speculative trading environment.

Position #2: Senior ERCOT Power Originator
Position targets municipalities, cooperatives, commercial & industrial (C&I) customers, retail energy providers (REPs), consultants and other end-user organizations that procure power within a newly-entered ERCOT market.  Position primarily will build a client base within ERCOT, but also may source opportunities in SPP and Gulf regions and generate other deal flows.  Required: a bachelor's degree; 3+ years' experience originating business with municipalities, cooperatives, C&I customers, REPs and/or consultants; and ability to work collaboratively with traders.

Position #3: Transmission Trading Analyst (Speculative Focus)
Position provides analytical support for the nodal and ICE/OTC power traders across an assigned US ISO for a global energy trading firm (speculative). Responsibilities include running production cost models / power flow models; providing transmission and congestion research; forecasting nodal power prices; and identifying trade strategies for the FTR / CRR auctions. Required: master’s or PhD in Electrical Engineering (power systems focus) with 1-5 years’ experience in transmission planning, power engineering or congestion analysis at a utility, IPP, power trading firm, power research firm or ISO; expert knowledge in the market rules of one or more of the following regions (PJM, NYISO, ISO-NE, MISO, CaISO, ERCOT or SPP) with a strong preference for PJM or ERCOT experience; power fundamental modeling skills; and experience using UPLAN, PowerWorld, Dayzer, PROMOD or PSSE. Advanced technology skills desired for data mining purposes and building trading tools.

Position #4: Lead Transmission Analyst (Generation Focus)
Position is responsible for managing the financial and physical transmission congestion risks for a power generation company supporting its FTR team in the PJM and MISO markets. The position uses both data mining and fundamental analysis techniques to support trading decisions in the long-term and monthly FTR auctions, and in Day Ahead and Real Time markets. It also is involved in speculative basis trades in the term and cash markets.  Responsibilities include transmission and congestion research, analysis and forecasting; strategy development in the PJM and MISO FTR auctions; price risk analysis and forecasting; analysis of the electric grid performance in the short- and long-term; production cost, power system and other market simulation modeling for power and FTR trading; and quantitative development of models and trading tools. Required: bachelor’s degree in electrical engineering (power systems focus) with 5+ years’ experience at a utility, IPP, power trading firm, power research firm or ISO as a FTR trader, transmission planning engineer or a congestion analyst with an expertise in the market rules of PJM or MISO (PJM preferred); strong modeling and programming skills; power flow analysis and production cost/dispatch modeling skills using PowerWorld, PSSE, DAYZER, UPLAN,  PROMOD, PSO or PLEXOS, etc.; and programming skills (VBA, Python, R, or C++).

Position #5: Power Trading Analyst
Position reports to the head of Power Trading and provide analytics with a forecasting horizon over the next 12 months in the East power markets (PJM main focus). The position supports OTC traders across a variety of products (heat rates, spark spreads, UTCs, virtuals), maintains dispatch and flow models, builds fundamental models, and works on market and trading-related special projects. Required: a bachelor's degree in Engineering, Finance or Mathematics (master’s degree preferred); a strong understanding of the North American power supply/demand and infrastructure fundamentals; experience with dispatch or flow models (Dayzer or PowerWorld preferred); a familiarity with Tableau; and good coding experience with Matlab, R and SQL. Consideration will be given to experience outside of the East ISO markets.

Position #6: PJM Power Fundamentals Manager
Position develops and identifies fundamental drivers for the PJM power market that are used by traders (commercial decision-making and trade ideas) and corporate (strategy, capital projects, M&A). Responsibilities include preparing fundamental research and building supply and demand models (day-ahead out 5 years); tracking market rule changes, infrastructure changes and near-term demand and fuel prices; providing a forward view on generation, transmission, load and impact to power prices and heat rates; providing short-term power price forecasts and market drivers; developing stack models; identifying market inefficiencies, price opportunities and strategies for the traders; undertaking capacity market fundamentals to support bidding activity; and developing trader tools. Required: bachelor’s degree in a quantitative field (advanced degree is a plus); 5+ years’ professional experience with the North American power markets in a power trading commercial environment; experience analyzing the Cash and Term power markets; strong modeling/programming skills; an understanding of North American power supply/demand and infrastructure fundamentals; proven ability to build analytical trading tools; and ability to think commercially with strong communication skills. The candidate must have market knowledge in PJM; and experience with PSO, PROMOD, Aurora, GE-MAPS, or similar.

Position #7: CaISO Power Fundamentals Manager
Position develops and identifies fundamental drivers for the CaISO power market that are used by traders (commercial decision-making and trade ideas) and corporate (strategy, capital projects, M&A). Responsibilities include supporting Cash and Term Trading by providing short-term and long-term fundamental views as necessary, hedging, and transmission congestion/valuation to assist FTR trading across the California ISO (CaISO); determining market price and congestion impact due to potential market changes including transmission upgrades, supply / demand evolution, and market rule changes; performing fundamental analysis to support investment decisions including capital projects and M&A activity; and maintaining a detailed knowledge of CaISO ISO rules and fundamentals to support market bidding activity and other commercial decision-making. Required: bachelor’s degree in a quantitative field (advanced degree is a plus); 6+ years’ professional experience with the North American power markets in a power trading commercial environment; strong modeling/programming skills; an understanding of North American power supply/demand and infrastructure fundamentals; proven ability to build analytical trading tools; and ability to think commercially with strong communication skills. The candidate must have market knowledge in CaISO; and experience with PSO, PROMOD, Aurora, GE-MAPS, or similar.

Position #8: Power Quantitative Structuring Manager
Position is part of the commercial team and works directly with the originators, traders, quants and customers to undertake structuring activities for complex and bespoke derivative transactions. This is a hands-on supervisor position with 2 quantitative direct reports. Responsibilities include designing complex valuation and price models for structured products including tolling agreements, full requirements / load-following deals, PPA agreements, shaped products, revenue puts, swaptions, weather contingent derivative products, basket options, heat rate options, RECs and other physical/financial/derivatives; and enhancing and back-testing pricing models on an ongoing basis. Required: PhD in a quantitative field (mathematics, engineering, physics, statistics, etc.); 5+ years' experience in a power or gas quantitative role and ideally with prior experience pricing and structuring complex and transactions (exotic options, bespoke structures) or experience building or enhancing pricing models is preferred; strong understanding of embedded optionality and drivers; and experience with coding is required.

Position #9: Power Risk Control Lead
Position is a lead risk role focused on risk and middle office activities of a physical and financial power portfolio including structured deals and transactions (load deals, full requirements contracts, tolling agreements, block and shaped products, ancillary products, unit-contingency deals, options/heat rate call options, etc.).  There is close interaction with the power & origination trading teams, as well as upper management. Required: a bachelor’s degree in Finance or related numerate field; 7-12 years’ experience in risk, trade reporting, product control, or a middle-office PnL role supporting a power trading desk; strong working knowledge of the physical and financial electricity/power markets; ability to communicate complex trading transactions; ability to communicate with company executives on control issues and processes; and advanced technology skills including Excel/VBA/SQL are a plus.

Position #10: Strategic Solutions Specialist (Renewable Power)
Position is responsible for developing and implementing new products beyond the core electricity business for the Corporate and Industrial (C&I) customer segments including distributed energy (solar & batteries), energy efficiency, demand response, etc.  Responsibilities include engaging customer and researching markets to identify new products; developing business cases; leading development and management of new products; managing vendor partners; developing sales process and target customers; partnering with sales on strategies and targets; and reporting on product performance. Required: bachelor’s degree in business or related field; MBA or other related advanced degree beneficial; 8+ years' related experience including 5+ years' experience with financial modeling or customer margin analysis and 5+ years' experience with project coordination/management methods; experience with distributed generation and/or renewable energy development a plus; and strong analytical and financial modeling skills.

190814


Power Scheduler – Trainee (Energy Portfolio), II, III or Senior (IRC30253)
Location:
Denver, CO

The Senior Power Scheduler is responsible for on a day ahead basis transaction negotiation, execution of commodities supporting asset maximization, assisting with the scheduling of capacity and energy resources to meet Tri-State load requirements and determine excess power availability for sale and identify the capacity for economic purchases; administering scheduling requirements of long-term contracts; administering reserve sharing group requirements; perform pre-schedule load and resource check-out and validation with Balancing Authorities. Monitors and manages electricity transactions within approved authority matrices of Tri-State's Energy Risk Management Policy. Reviews and updates, as appropriate, load forecasts prior to executing day-ahead electricity products. Monitors Open Access Same Time Information System (OASIS) to assure transmission availability supports electricity transactions and pre-scheduled load/resource balancing processes with Tri-State's system.

NOTE: There is one position available and this position will be filled at either the Energy Portfolio Trainee (NB18), Power Scheduler II (NB20), Power Scheduler III (NB21) or Senior Power Scheduler (NB22). This decision will be based on the qualifications and experience of the selected candidate and Tri-State business needs at the time of hire.

Job Requirements
REQUIRED JOB QUALIFICATIONS

Education and Training:
Bachelor's degree in Business Administration, Math, Science, Engineering, or related discipline, or equivalent combination of education and experience.

Knowledge, Skills, and Ability:

  • Ability to develop highly credible and effective relationships with marketing counterparts.
  • Flexible, inquisitive and able to thoroughly understand electricity market dynamics.
  • Proficient in computer applications including database and spreadsheet applications and word processing.
  • Strong analytical, quantitative and economic evaluation skills.
  • Working knowledge of Western Electricity Coordinating Council (WECC) generation/transmission and Rockies gas pipeline systems.
  • Familiarity with North American Electric Reliability Corporation (NERC) and WECC policies and a general understanding of how they apply to Tri-State.
  • Must sign a FERC Standards of Conduct Confidentiality agreement.
  • Able to remain calm in stressful conditions and make rational decisions.
  • Working knowledge of Tri-State's contractual rights and obligations on the system, the Southwest and Rocky Mountain Reserve Sharing Groups and the Western Systems Power Pool (WSPP).
  • Excellent verbal and written communication skills.

Experience:

  • Five (5) years' experience and the completion of Tri-State's Energy Portfolio Program (or similar approved program) or Eight (8) years of related experience including transaction negotiation, commodities transactions, managing energy resources, economic based purchases, and administering long-term contracts.

Other:

  • Willingness to travel as required. (Must possess a valid driver's license.)
  • Willingness and ability to work outside of core business hours to match market trading hours of operation.
  • Must be able to demonstrate that he/she can perform all of the essential functions of the position.

DESIRED JOB QUALIFICATIONS

  • Strong commercial trading, orientation and knowledge preferred.
  • Knowledgeable of power and gas system operations, preferred.
  • Experience in an organized market such as Southwest Power Pool desirable.
  • Electric utility experience with electric load scheduling preferred.

The above requirements describe the experience and education qualifications for the Senior Power Scheduler. Those with less experience will be hired at the Trainee, Level II or Level III.

PHYSICAL AND MENTAL DEMANDS: The physical demands and work environment characteristics described here are representative of those that must be met by an employee to successfully perform the essential functions of the position. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

  • Physical demands: While performing the duties of this position, the incumbent is required to sit for long periods of time and occasionally stand, walk, stoop, bend, reach above and below shoulder level and push/pull objects of varying weights, and lift up to twenty-five pounds. Incumbent is frequently required to use hands and fingers to handle, or feel objects, tools, or controls, talk and hear.
  • Mental demands: While performing the duties of this job, the incumbent is required to read, write, perform complex math, analyze data and reports, exercise judgment, develop plans, procedures and goals, and present information to others and work under pressure.
  • Work Environment: While performing the duties of this position, the incumbent is exposed to a moderate level of noise. All of the duties are performed indoors and at a desk, operating office equipment.

ADDITIONAL DETAILS
Company Description
Tri-State Generation and Transmission Association is a wholesale electric power supplier owned by the 43 electric cooperatives that it serves. Tri-State generates and transmits electricity to its member systems throughout a 200,000 square-mile service territory across Colorado, Nebraska, New Mexico and Wyoming.

Serving approximately 1.5 million consumers, Tri-State was founded in 1952 by its member systems to provide a reliable, cost-based supply of electricity. Headquartered in Westminster, Colo., about 1,480 people are employed by Tri-State throughout its four-state service area.

Tri-State's power is generated through a combination of owned baseload and peaking power plants that use coal and natural gas as their primary fuels, supplemented by purchased power, federal hydroelectricity allocations and renewable resource technologies. Tri-State delivers power to its members through a transmission system that includes substation facilities, telecommunications sites and over 5000 miles of high voltage transmission lines.

Interested? HERE IS HOW TO APPLY:
Go to www.tristategt.org/ and click on the 'Careers' Link. Search for Job and click 'Apply Now' Icon. You will be required to register in order to apply.

Tri-State: Join the people behind the power. Tri-State recognizes the value of a highly-engaged and committed workforce and provides an excellent benefits program that includes medical, dental, retirement and life insurance. Please visit our careers site at www.tristategt.org/careers for more details.

Equal Opportunity Employer -Minority/Female/Disabled/Veteran

190730


CITY OF PASADENA

Department of Human Resources

100 N. Garfield Ave., Rm S135, P. O. Box 7115

Pasadena, CA 91109-7215

(626) 744-4366

http://www.cityofpasadena.net/humanresources

INVITES APPLICATIONS FOR THE POSITION OF:

Senior Instrument Mechanic

 

An Equal Opportunity Employer

 

SALARY: $43.10 $53.76 Hourly $7,470.89 $9,318.95 Monthly $89,650.70 $111,827.46 Annually

 

OPENING DATE: 07/23/19

 

CLOSING DATE: Continuous

 

THE POSITION

The Senior Instrument Mechanic is a critical position in the Pasadena Water & Power Power Plant facility that supervises and participates in the installation, adjustment, repair, testing and calibration of hydraulic, electric, electronic, pneumatic and mechanical controlling, analyzing, measuring and recording power plant instruments; recommends corrective treatment for generation systems.

 

IDEAL CANDIDATE

The ideal candidate has the ability to work independently on the most complex of duties and responsibilities for directing and overseeing the work of journey-level subordinates in the installation, repair and maintenance of the Power Plant.

 

To learn more about our Water & Power Department, please click here:

Water & Power.

MUST APPLY ONLINE

ESSENTIAL FUNCTIONS

  • The major responsibilities of this position are listed below. For more detailed information, please review the Job Description.
  • Makes visual inspections of power plant pneumatic, electronic, and hydraulic automatic controls and indicating and recording instruments to determine operating condition and perform preventative maintenance.
  • Removes instruments and controls and makes major shop repairs.
  • Tests, calibrates, adjusts and repairs pneumatic, electronic, hydraulic and mechanical precision temperature, pressure and flow measuring devices; replaces worn and fabricates new parts as needed.
  • Maintains inventory of parts and supplies for the power plant's instrumentation and control systems.
  • Troubleshoots, installs, adjusts, repairs, tests, configures and calibrates various types of microprocessor, electronic and pneumatic instrumentation and control equipment including Allen Bradley, Wonderware, software and basics, DCS and SCADA Bailey Net-90 system operation, and Continuous Emission Monitoring associated with the department's power production facilities to assure reliable, efficient, environmentally sound and safe plant operation.
  • Plans, schedules, and evaluates work related to testing and repair of the power plant instrumentation and control systems; maintains all required records and reports related to power plant instrumentation and control systems.
  • Requests and receives Lockout/Tagout clearances on equipment, and directs the activities of Instrument Mechanics.
  • Uses test instruments such as electronic meters, manometers, pneumatic loaders, pressure gauges and indicators and other analyzing and electrical testing equipment and meters.
  • May organize projects and direct power plant operators, and mechanics in special tests and maintenance work.

 

QUALIFICATIONS GUIDELINES
COMPETENCIES

  • Attention to Detail - Focusing on the details of work content, work steps, and final work products.

  • Leveraging Technology - Apply technology for improvements in organizational efficiency and effectiveness.
  • Teamwork - Collaborating with others to achieve shared goals.
  • Mechanical Insight - Comprehending how mechanical, electrical, and systems operate and interact.
  • General Physical Ability - Using Strength, endurance, flexibility, balance and coordination.
  • Manual Dexterity - Using senses, hands, and fingers in manipulating objects quickly and efficiently.
  • Safety Focus - Showing vigilance and care in identifying and addressing health risks and safety hazards.

Education and/or Experience
Any combination of education, training, and experience that provides the required knowledge, skills, and abilities is qualifying. A typical example of this would be six years experience in the repair and maintenance of mechanical equipment and machinery, of which two years shall have been as an Instrument Mechanic with the City of Pasadena or another municipal utility.

SELECTION PROCESS
The selection process may consist of a training and experience evaluation, written test, interview panel, department-level interviews and possibly a Work Preference Questionnaire.

Probationary work period is 12 months.

There is currently one (1) vacancy in Power Supply Division of the Water & Power Department. The resulting eligibility list from this recruitment may be used to fill similar vacancies in the future.

SPECIAL REQUIREMENTS
Possession of a valid Class C California Driver's License is required at time of appointment and as a condition of continued employment.

APPLICATIONS MAY BE OBTAINED AND FILED ONLINE AT: http://www.cityofpasadena.net/humanresources
EXAM #19-199

190724


ACES provides a broad suite of energy trading and risk management services. ACES has the following exciting opportunities available.

 

Transmission Analyst
Location: Carmel, IN

This position will be responsible for analysis and management of the physical and financial transmission rights of members and service customers with responsibility for several portfolios in multiple markets.  

 

The Transmission Analyst will coordinate their work and analysis with several ACES departments including trading, portfolio modeling, scheduling, and regulatory. The analyst will be a key point of contact with members and customers whose portfolio they manage. This position requires an entrepreneurial mindset along with a strong understanding of economic fundamentals and work ethic. This role will be required to meet frequent member, customer, and market deadlines. The analyst’s time will be divided approximately as follows: 40% trading, 50% analytical work, 10% consulting work. 

 

REQUIRED QUALIFICATIONS

  • Candidate should possess a college degree in an appropriate discipline with experience in the electric utility industry including energy commodities and physical markets.  

  • Competence with statistical analysis, mathematics and technical concepts and a high degree of analytical skill.  

  • Effective technical writing and communication skills as well as demonstrated proficiency in Excel and Word; programming experience a plus.  

  • Knowledge of the transmission system and LMP based markets.  

  • Team player willing to work in a group environment  

  • Familiar with the industry’s operating procedures and requirements regarding interconnected regions (NERC). 

 

Quantitative Analyst
Location: Carmel, IN

This position will be responsible for the development, maintenance, and enhancement of portfolio optimization and risk models. Additionally, the analyst will interact with our clients to identify portfolio risk exposures and develop hedging strategies that support business objectives.   

 

REQUIRED QUALIFICATIONS

  • Candidate should possess a bachelor’s degree or higher in an appropriate discipline with experience in power system operations, wholesale energy transactions, trading and asset structuring, finance or quantitative study.   

  • Minimum of 1 year of experience    

  • Demonstrated application of statistics, finance, mathematics, and problem solving, and working knowledge of market mechanisms including forward pricing and option pricing.   

  • High degree of analytical and computer skills and the ability to manipulate data and use complex models involving interrelated factors and market movement.   

  • Excellent written and oral communication skills.   

  • Knowledge of buying and selling energy, transmission rights and capacity in both traditional and ISO markets.   

  • Knowledge of the industry’s operating procedures and requirements regarding interconnected regions.   

  • Power plant asset valuations.   

 

Trading Analyst / Scheduler Power
Location: Raleigh, NC

This position will participate in and support the ACES trading team efforts regarding all aspects of the customer’s portfolio optimization. This position will assist with the management requirements of participating members and service customers, including portfolio execution support and scheduling in addition to portfolio strategy development.    

 

REQUIRED QUALIFICATIONS

  • Candidate should possess a college degree in an appropriate discipline    

  • Minimum of 2 years of experience of energy scheduling or trading.   

  • Experience in the process of scheduling physical and financial transactions in the ISO and non-ISO market structures   

  • Familiar with OATI tagging software, RTO/ISO market portals, and scheduling software applications.   

  • Ability to develop and maintain a strong network of marketing and trading counter parties.   

  • Working knowledge of risk management including risk mitigation fundamentals.   

  • Competence with mathematics, commercial marketing, fuels conversion and technical concepts.   

  • High degree of analytical and conceptual skills.   

  • Effective written and oral communication skills.   

  • Proficient with computers and Microsoft products such as Excel, Word and Outlook.      

     

TO READ FULL JOB DESCRIPTIONS & APPLY:

https://www.acespower.com/careers/

190807