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Revised as of Thursday, March 21, 2019 01:58 PM

 

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

  • PJM FTR Trader, Position #2

  • Director – Congestion Trading Analytics, Position #3

  • Virtuals Trader (CaISO, MISO or PJM), Position #4

  • PJM Fundamentals Manager, Position #5

  • Transmission Trading Analyst, Position #6

  • FTR Quant Trading Strategist, Position #7

  • Data Scientist (Natural Language Processing), Position #8

  • Structured Finance, Position #9

  • Director – Government Affairs, 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: PJM FTR Trader
An energy trading firm is searching for an experienced PJM FTR to help start an FTR Trading Desk. The team will consist of a trader, transmission analyst, quantitative professional and software engineer. The PJM FTR team will be constructing an FTR portfolio to leverage congestion risk with trades rooted in the fundamentals (deep understanding around power system economics and power flow drivers).  The PJM FTR Trader will also be involved in future initiatives to expand into new ISO markets. Required: Masters or PhD degree (ideally in Electrical Engineering with a power systems focus); 2+ years of profitable trading PJM FTRs at a power trading firm, utility, or IPP; expert knowledge in the market rules of the PJM region; power fundamental modeling skills; experience using a production modeling tools, PowerWorld and the ability to work with large data sets. Advanced technology skills desired for data mining purposes and building trading tools.

Position #3: Director – Congestion Trading Analytics
Position will identify congestion opportunities for a proprietary/speculative power trading team using fundamental analysis and market knowledge. Responsibilities include building and running optimal power flow models; extracting and analyzing market data; understanding energy market rules, system planning and expansion studies, and power system operations in ERCOT, SPP, MISO and PJM; and collaborating with traders and other internal stakeholders. Required: Master’s degree in Electrical Engineering (required) or PhD (preferred); 5+ years' experience in transmission planning (required) in one or more ISO (ERCOT or SPP is strongly preferred but other ISOs will be considered); experience with congestion trading markets (FTRs/TCRs/CRRs) is strongly preferred; excellent MS Access, MS Excel, and Visual Basic skills (required); knowledge of statistics strongly desired; excellent written and verbal communication skills.

Position #4: Virtuals Trader (CaISO, MISO or PJM)
Position is responsible for developing the CaISO, MISO or PJM Virtuals trade seat (conceptualizing, developing, and back-testing the trade strategies, trade execution and risk management of the book). Required: bachelor’s degree; experience with the market fundamentals of CaISO, MISO or PJM; strong modeling skills; and a historical PnL track record of $1M trading CaISO, MISO or PJM Virtuals.

Position #5: PJM 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 #6: Transmission Trading Analyst
Position provides analytical support for the nodal and ICE/OTC power traders across all the US ISOs. 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 #7: FTR Quant Trading Strategist
Position
uses financial engineering techniques with existing fundamental analytics to drive trading strategy and commercial decisions for a power/FTR trading team. The team trades in the nodal and ICE/OTC power markets across PJM, MISO, ERCOT and SPP.  Responsibilities are to identify trade signals in the fundamental and historical power data (price patterns, generation, congestion, load) using statistical analysis (time series, regression and machine learning techniques) and portfolio construction and optimization skills. Required: an advanced degree (Masters or PhD) in a quantitative field (financial engineering, math, statistics, etc.); and 2+ years of front-office quantitative experience in a trading environment (financial or energy markets) with a focus on working with Big Data and trading signal generation.

Position #8: Data Scientist (Natural Language Processing)
Position will build Natural Language Processing (NLP) capabilities to analyze unstructured data sets which can be deployed globally as tools to all trading desks. These capabilities will be used to identify trade signals and drive trading strategy and commercial decisions. Key responsibilities include developing, testing and implementing new tools to be used by the trading team;
extracting, analyzing and managing Big Data from multiple internal and external sources; optimizing large data sets into meaningful data; applying rigorous machine learning, statistical analysis, regression and optimization techniques to data for purposes of identifying signals and predictive patterns; evaluating and testing trading strategies; communicating analytical and modeling results through easy to understand visualization platforms; and researching and evaluating new technologies/tools associated with Big Data. Required: a PhD in a quantitative field (math, physics, computer science, engineering or statistics) with strong academic performance (3.8 GPA or higher); 1+ years' industry experience specialized in Natural Language Processing (NLP); excellent programming skills (C#, R, Python preferred); ability to write and optimize database queries to extract and analyze large data sets; strong understanding of statistics, machine learning, regression models and optimization techniques; and strong communication skills.

Position #9: Structured Finance
Position will provide financial analysis for power plant purchases, divestitures and joint venture activities.  Key responsibilities include deal modeling and coordination, negotiations, and vetting of deals on strategic levels with the executive team and other key stakeholders.  Educational and professional requirements include a bachelor’s degree in Finance or related field; 10+ years' experience working with M&A for power or renewables at a private equity firm or investment bank, or FP&A focused on deals and strategy for power or renewables.

Position #10: Director – Government Affairs
Position communicates and advocates with government agencies, public commissions and other external stakeholders with regards to energy policies that impact the business.  Position will cover multiple states (approximately 25 states) and will work closely with traders, originators and regulatory experts.  Responsibilities include: tracking legislative activity within each state; collaborating with internal stakeholders to develop and implement advocacy strategies; building strong relationships with external government stakeholders, trade associations and public commissions to communicate policy issues; preparing reports and presentations for company leadership, and serving as a public spokesperson on key issues; and actively participate in trade associations, advocacy groups and communities.  Required: Bachelor's degree in Finance, Government or Public Affairs, or related field; 7+ years' experience in government affairs, campaign or issues management, strategic communications, energy or project management; strong knowledge/experience with power markets and/or commodity trading; significant contacts within government, business and community leaders; knowledge of state and federal legislative and regulatory processes and lobbying regulations; and exceptional written and oral communication skills, including strong public presentation skills. Position will require frequent travel within the United States.

190321


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

 

Hourly Trader
Locations: Benson, AZ | Carmel, IN | Maple Grove, MN | Raleigh, NC

 

RESPONSIBILITIES

  • Candidate will be required to work rotating shift to provide 24-hour coverage of the business as well as participation in daily trading floor operations.

  • Gain understanding of industry practices and entities, as well as Market Structure of ISO/RTO’s, as applicable.

  • Responsible for filling native load requirements for participating members.

  • Manage market of generation or contract resources for participating Members and Clients.

  • Manages market exposure with regards to open book positions.

  • Handle market and/or reliability communications between Reliability Entities and Generation Plants or Member Operators.

  • Accurately input data into ACES’ software systems. 

  • Optimize basic generation by utilizing economic decision making abilities.

  • Coordination of Demand Side Management activities.

  • Assists in the gathering of power marketing intelligence.

  • Participates in marketing functions while interfacing with the term trading and scheduling desks.

  • Monitors market conditions and analyzes transactions to help identify and execute energy trades.

  • Manages optimization opportunities of client portfolios.

  • Interface with member and client representatives and associated entities when necessary.

  • Obtain NERC and/or appropriate market certification and/or CEH.

  • Will adhere to all ACES corporate policies and comply with all ACES regulatory requirements, including but not limited to NERC, FERC, and relevant state regulations, as applicable to this position.

  • Any additional responsibilities assigned by management including potential travel.

     

SCADA / EMS Engineer
Location: Carmel, IN

This position is responsible for providing management, support, and configuration activities for our Energy Management System (EMS) and Supervisory Control and Data Acquisition (SCADA) system. This role will work with a talented team of generator operations, network administrators, network engineers, and other cyber security staff to ensure the reliability and safety of our electronic assets consistent with established security policies, procedures, and requirements. This position must adhere to, administer, and maintain NERC CIP compliant IT practices and procedures. 

 

RESPONSIBILITIES

  • Design SCADA HMI (Human-Machine Interface) screens to improve usability

  • Maintain historian reporting system functionality

  • Troubleshoot issues with SCADA, ICCP, RTU access, and AGC

  • Configuring and programming of the EMS system

  • Administer upgrades and EMS patches

  • Assist with the design, implementation, and management of system security

  • Assist with backups and backup testing

  • Participates in business continuity exercises as requested and maintains system readiness for business continuity

  • Provide 24 hours a day / 7 days a week on-call support on a rotating basis with other team members

  • Travel as required

  • Will adhere to all ACES corporate policies and comply with all ACES regulatory requirements, including but not limited to NERC, FERC, and relevant state regulations, as applicable to this position

  • Any additional responsibilities assigned by management

 

TO READ FULL JOB DESCRIPTIONS & APPLY:

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

190319

 


 

Western Region Vice President, Sales

Location – California or Houston

 

Client Overview: Client is a US retail energy supplier that assist businesses how to successfully manage their energy consumption, costs and risk management in deregulated energy markets. They provide large C&I customers with, energy risk management, market intelligence, demand management, enrollments/scheduling services, settlements and billing. Client is a publicly traded company with revenues of $7+ billion.

 

Primary Functions: Reporting to the Vice President, Sales, the RVP, Sales will lead energy commodity and risk management solution sales efforts across all markets, segments and channels to clients within the Western Region.

 

Responsibilities:

  • Lead a high-profile sales team responsible for generating gross margin.

  • Recruit, hire, coach, train and supervise employees.

  • Work with regulatory affairs to push for the further expansion of Western markets.

  • Stay current on market and regulatory events within the region.

  • Develop new distribution channels as opportunities arise that can generate net growth.

 

Experience:

  • 10+ years of sales and marketing working in deregulated energy commodity markets.

  • 5+ years of managerial / leadership experience with sales teams.

 

Skills/Knowledge/Abilities:

  • Polished and proven leadership skills.

  • Ability to professionally present to internal and external audiences including senior managers.

  • Knowledge of FASB hedge accounting treatments.

  • Knowledge of risk valuation methodology is preferred.

  • Knowledge and experience in transactions that involve renewable energy sources.

 

***All offers of employment will be contingent on a clear background check and drug screen***

 

If you are interested, contact Scott Brownholtz @ 916.649.3200 – scott@brownholtz.com.

 

190206


 

Director of Engineering – Federal ESPC

Remote Location

 

Client is one of the largest and most respected energy services companies in the U.S., utilizing design-build and performance-based contracting vehicles to deliver energy and maintenance savings and significant infrastructure upgrades to Federal facilities.

 

The Director of Engineering will report to the SVP and will lead/manage engineering and development teams performing development over a portfolio of energy savings projects. Responsible for engineering/financial leadership support of all ESPC engineering activities.

 

Responsibilities: 

  • Overall performance of the Federal Engineering Group

  • Provide mentoring and leadership to the engineering group

  • Assess group capabilities and optimize staffing and assignment of resources

  • Lead engineering group to ensure that creative and cost effective energy conservation measures are identified, developed and completed on time and on budget

  • Flawless collaboration with leadership and other internal departments, including sales, business development, energy conservation engineering, construction, commissioning, measurement & verification and Central Plant O&M

  • Actively recruit new talent and retain top talent

 

Experience:

  • Education - BS Engineering/equivalent

  • 10+ years’ experience in HVAC and EMS Design, and/or energy analysis

  • Experience in managing multiple technical teams

  • Experience with CHP, HVAC, and control systems preferred

  • Experience in FEMP Measurement &Verification protocols preferred

 

If you are interested, contact Scott Brownholtz @ 916.649.3200 – scott@brownholtz.com.

 

181208


 

Client Services Manager
CAISO Market Region

 

SUMMARY

The Client Services Manager (CSM) reports to the Chief Client Officer. This position is primarily responsible for managing the relationship between The Energy Authority (TEA) and its clients, as well as providing internal leadership for service deployment and capabilities in business development. The CSM serves as liaison between TEA’s service lines and its clients. The CSM is responsible for ensuring client satisfaction, providing quality assurance on deliverables to clients, and providing feedback internally to ensure ongoing improvement. The CSM will support the Chief Client Officer in business development activities, which may include: creating regional marketing plans; identifying new prospects for business development, both within TEA’s existing client base and with new clients; leading business development efforts; and collecting/disseminating market intelligence.

This position is responsible for a wide range of duties and tasks associated with helping design, develop and implement TEA’s services to existing and prospective clients in the CAISO market. The CSM may also provide subject matter expertise in the capacity of Product Owner relating to the design, development and implementation of day-ahead and real-time market services for TEA’s CAISO operations, including market interactions, market monitoring, and reporting requirements for internal and client consumption. This individual may also assist with settlement and regulatory compliance, as well as assist with business development activities which may include creating marketing plans, identifying and contacting new prospects for business development and collecting/disseminating market intelligence. Ideal candidate will reside in the CAISO market region.

 

The ideal candidate will possess the following skills:

  • Deep understanding of CAISO market

  • Experience trading in Congestion Revenue Right and Resource Adequacy markets

  • Experience in energy resource procurement and power purchase contract negotiation

  • Knowledge of registration and regulatory requirements in CAISO

  • Understanding of CAISO settlement charge types and processes

  • Experience working with public power entities and Community Choice Aggregations (CCAs)

  • Strong interpersonal skills and experience communicating complex concepts to coworkers, clients, and prospects

  • Strong attention and focus on detail as well as business processes

 

The following additional skills/experience are desired:

  • Understanding of CCA business model and understanding of the challenges facing new CCAs

  • Familiarity with WECC region Energy Imbalance Market initiatives

  • Understanding of western power markets and relationship to CAISO

  • Project management experience

  • Understanding of regional RPS and carbon markets

  • Relationships with public power, the CCA community and key CAISO market participants

  • Knowledge of CAISO transmission grid

  • Experience in structuring and pricing power purchase agreements with an emphasis on renewable generating assets and Resource Adequacy Capacity

  • Financial and accounting experience

  • Experience managing hydro generation preferably in California

  • Thermal and renewable asset management

  • Business development/origination experience

 

SUPERVISORY RESPONSIBILITIES

This position involves ongoing Project Management responsibilities

 

QUALIFICATIONS

EDUCATION and/or EXPERIENCE

  • Minimum of five years of CAISO related trading experience preferred

  • Bachelor's degree from a four-year accredited college or university is required; major in a technical or business-related discipline highly desired; MBA or other advanced degree is a plus

  • Experience with RTOs highly desired; experience trading financial energy products is a plus

  • Strong technical skills with Microsoft Office Products (especially Excel); and programming skills in Visual Basic are highly desired

 

COMPETENCIES REQUIRED

The ideal candidate will possess the following competencies:

  • Adaptability: ability to accept change readily, both in job responsibilities as well as in the work environment

  • Achievement: ability to focus on results and a commitment to continuous learning: Setting high goals, striving to improve performance and maintaining a level of excellence, and taking chances and trying new approaches to accomplish a task

  • Communication: ability and willingness to communicate openly and honestly with others

  • Conceptual Thinking: ability to reach innovative solutions by taking a holistic, abstract, or theoretical perspective

  • Systems & Technology Use: ability to use tools and resources that are available, to minimize time spent on administrative tasks

  • Leadership: ability to be motivate, influence, and support others to accomplish team and organizational goals

  • Financial Analysis: ability to acquire and translate complex information into actionable results

 

VALUES REQUIRED:

The ideal candidate will possess the following values:

  • Ownership

  • Client focus

  • Excellence

  • Integrity

  • Teamwork

 

CERTIFICATES, LICENSES, REGISTRATIONS

NERC Operator certification is a plus.

 

OTHER SKILLS AND ABILITIES

Ability to utilize and/or develop packaged and in-house developed software tools and systems such as: Microsoft Office software and Internet access. Experience with production cost modeling is beneficial. Knowledge of Qlikview, Velocity Suite, CXL, OATI, RTO Market Portal Web-based systems, and OASIS Transmission Web-based system. Participation in testing of new systems and assistance in developing and/or revising IT tools.

 

Candidate will be a self-starter with the ability to work effectively without direct supervision in a fast paced, multi-tasking environment with time deadlines. Position involves extensive spreadsheet and database computer skills. Strong problem solving, analytical and conflict resolution skills are a must. Candidate will be able to effectively interact across all levels of the trading organization.

 

FOR ONLINE APPLICATION CLICK HERE: Client Services Manager

 

181212

 

Sempra NA Infrastructure
Real-Time Marketer
San Diego CA
Req. 19-40572

 

Primary Purpose:
Under general supervision, conducts and schedules market energy transactions in real-time to optimize profitability of Sempra Gas & Power Marketing, LLC (SGPM) generation portfolio or proprietary trading books in various markets. Monitors power plant operations and market conditions and responds to contingencies. Monitors and schedules natural gas on various pipeline systems throughout North America.
 

Duties and Responsibilities:

  • Executes real-time transactions (via ISOs, bulletin boards, electronic exchanges, telephone, brokers, etc.) for physical and financial hourly and daily energy products.

  • Works as part of a team to manage and optimize generation portfolio based on unit commitment plans, risk management principles, and factors not included in the modeling (e.g., changes in price, market depth, plant availability, weather, etc.) on a real time basis.

  • Develops quantitative models to price short term electricity products and forecast fundamentals of supply and demand

  • Manages large amounts of data and performs general quantitative and/or econometric analyses to identify commercial opportunities

  • Develops solutions to increase efficiency of team operations

  • Supports the day ahead electricity trading/scheduling function as needed.

  • Manages the gas trading/scheduling functions on various pipelines during nights/weekends.

  • Monitors real-time schedule adjustments and coordinates with market participants to account for deviations.

  • Responsible for operating the real time desk in a manner that ensures compliance with all appropriate NERC reliability standards and Sempra Infrastructure procedures.

  • Participates in Sempra Infrastructure's compliance program

  • Work a rotating shift schedule to cover 24x7 operations.

  • Performs other duties as assigned (no more than 5% of duties).

 

QUALIFICATIONS
Education

Bachelor's Degree in Engineering, Economics, Accounting, Finance, Business, Mathematics, or Computer Science

 

Experience

3+ years experience in the electric power industry, including experience in energy transactions, scheduling, transmission operations, gas scheduling or equivalent training and/or experience
 

Skills and Abilities:

  • Knowledge of economic, financial, and physical principles governing energy transactions. Knowledge of power plant operating characteristics and constraints.

  • Knowledge of credit matters and risk management principles.

  • Ability and willingness to work rotating 12 hour shifts to achieve 24 hour desk coverage. Able to work on a call out basis and cover additional shifts during co-worker absences.

  • General knowledge of energy markets, including market principles, trends, behaviors, counterparties, electric transmission grids, natural gas pipelines, transaction practices, scheduling procedures, and other operational requirements.

  • Good understanding and use of optimization models, scheduling interfaces, control area operator information systems, databases, spreadsheets, and other computer based systems.

  • Refers to policies and practices for guidance.

  • Develops solutions to a variety of problems of moderate scope and complexity.


Full-Time/Part-Time
Full-time

 

APPLY ONLINE: sempralng.com/careers, Req. 19-40572

 

190307


Real-Time Energy Trading Manager
Tacoma Public Utilities
Tacoma, WA

Tacoma Power is seeking a Real-Time Energy Trading Manager to oversee the Real-Time Energy Trading, Preschedule and Energy Accounting (ATF) functional areas.  The Real-Time Energy Trading Manager will provide direction, supervision, support and training of specialized technical professionals.  This position requires advanced management principles, supervisory, tactical planning and strategic analytical skills.

This position is responsible for managing the 24/7 operations of real-time energy trading including shift operations of NERC-certified Real-Time Energy Traders (RTET), who perform specific Balancing Authority tasks and functions; seek real-time opportunities in a marketplace with hourly fluctuating prices; and execute innovative sales and purchases that maximize the economic value of Tacoma Power's resource portfolio.  This includes maintaining the RTET Training Program, per NERC requirements.

This position is also responsible for managing the Preschedule and Energy Accounting functional areas.  Preschedule tasks include scheduling, transmission pathing, balancing and tagging.  The After-the-Fact (ATF) Energy Accounting tasks and functions include transaction reconciliation, billing, and financial reporting.  The group is also responsible for financial analysis, budget, regulatory reporting and compliance.

Qualifications:

  • Minimum of eight years of increasingly responsible experience in the utility industry, including a minimum of five years in a supervisory or management position;

  • Bachelor's degree from a four-year accredited college or university with degree in engineering, business management, or related discipline highly desired.  Industry experience may be used in lieu of educational requirement;

  • Experience with hydro operations, energy markets and trading;

  • CAISO experience highly desirable.

  • Experience in industry regulatory compliance;

  • Experience in energy accounting practices and principles;

  • Strong technical and strategic analytical skills.

  • NERC Balancing and Interchange Operator certification required within six months of hire.

 

Real-Time Knowledge & Skills:

  • Exceptional leadership skills, demonstrating the ability to motivate, influence, and support others to accomplish individual, team and organizational goals.

  • Management fundamentals; supervisory skills, techniques and competencies.

  • Strong interpersonal skills and experience using tact, patience, and courtesy.

  • Training skills, techniques and competencies.

  • Strong technical and strategic analytical skills.

  •  Understanding of power system dynamics, situational awareness, basic system operating principles, load balancing, and the bulk electric system.

  • Understanding of transmission system operations and constraints.

  • Understanding of real-time balancing and interchange; reservoir management and operating position strategies.

  • Understanding of Western power markets and CAISO.

  • Knowledge of NERC and WECC regulatory requirements

  • Ability to manage multiple priorities and meet deadlines.

  • Adaptable and willing to accept and facilitate change productively.

  • Ability and willingness to communicate openly and honestly with others; proficient and effective in both written and oral communications.

  • Impeccable work ethic; high level of integrity

APPLY HERE: https://www.governmentjobs.com/careers/tacoma

190301