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Revised as of Tuesday, June 19, 2018 08:55 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:

  • Head of Congestion Trading, Position #1

  • FTR/CRR Traders, Position #2

  • Virtuals Trader (CalSO, MISO, or PJM), Position #3

  • Director, PJM Term Trading (Asset Management), Position #4

  • Director – Renewable Origination, Position #5

  • Nodal Power Engineer, Position #6

  • FTR Quant Analyst, Position #7

  • Front-Office Market Risk Strategist (Power Focus), Position #8

  • Energy Credit Risk Senior Analyst, Position #9

  • Renewable Power Settlement & Revenue Manager, 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: Head of Congestion Trading
Position will build-out the congestion trading platform (FTRs, CRRs, TCCs, Virtual Bidding) across all ISOs (PJM, NYISO, NEISO, MISO, SPP, ERCOT, CaISO). Key responsibilities include building analytical tools (power system economics, power flow and dispatch models) to be used by congestion and speculative trade desks; hiring a team of transmission analysts and FTR traders; and developing and executing FTR and CRR strategies to trade in monthly, quarterly and annual auctions.  Required: bachelor’s degree (Power Engineering preferred); ability to execute the directive of building out a strategy; strong commercial understanding of the North American transmission trading environment with an analytical understanding of the modeling aspect of the business; strong fundamental market knowledge of the grid and market rules in all ISOs; and experience running a profitable congestion trading business.

Position #2: FTR/CRR Traders – CaISO, ERCOT, MISO, NY, NE, Ontario, PJM or SPP Focus
Position builds out an FTR trading platform/desk, including analytics (power system economics, power flow and dispatch models) to trade in monthly, quarterly and annual auctions.  Required: advanced degree (PhD or Masters required, power engineering preferred), strong fundamental market knowledge, strong modeling and programming skills, and prior profitable trading record trading FTRs/CRRs in a hedging or speculative trading environment.

Position #3: 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 #4: Director, PJM Term Trading (Asset Management)
Position focuses on formulating and executing a PJM commercial strategy for a power producer/retail energy provider. Key responsibilities include managing the forward term positions for purposes of hedging and optimization of their generation fleet and load portfolio in PJM. The portfolio is very large and this is a key position within the commercial trading organization. Position works closely with the other commercial teams (cash traders, origination) to capture the extrinsic asset value, to minimize basis exposure and to mitigate outage/congestion risks. Required: a bachelor's degree (masters preferred); strong fundamental market knowledge of the electricity grid, capacity markets, market rules, congestion factors, and supply and demand in PJM; prior experience managing and optimizing generation assets (power plants) and a load portfolio from a hedging/optimization perspective (minimum of 10 years in PJM power trading); and ability to make markets in spot and forward markets.

Position #5: Director – Renewable Origination
Position focus is to market renewable power (wind, solar, battery storage) in the PJM and Midwest (MISO) regions. The customer focus is off-take arrangements, hedges and REC transaction to utilities, coops and munis, large C&I customers and power marketers. Required: bachelor’s degree; relevant experience in traditional or renewable generation; well-versed in the current market dynamics; a rolodex of contacts and 3+ years of executing power or renewable originated transactions (PPAs, hedges, RECs).

Position #6: Nodal Power Engineer
Position provides analytical support for the senior nodal traders and their portfolios (trading in the nodal and ICE/OTC power markets across all ISOs). Key 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 3-7 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, CaISO, ERCOT or SPP); 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 Analyst
Position uses financial engineering techniques with existing fundamental analytics to drive trading strategy and commercial decisions within a power team trading team (nodal and ICE/OTC power markets covering all ISOs). Key responsibilities include identifying trade signals in the 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: Front-Office Market Risk Strategist (Power Focus)
Position is a proactive risk advisory role that interacts daily with the trading desk and fundamentals team to provide an independent analysis of risk around trading strategies focused on a physical and financial structured power portfolio. This. This position requires a strong commercial understanding of physical and financial power markets, as well as related instruments and derivatives. Responsibilities include calculating and reporting trading exposure via risk reports (VaR, PnL key position and portfolio risks, scenario analysis and stress testing); forming an understanding of trade book strategies and exposures within the context of the underlying fundamentals of the North American power markets; quantifying impact of new and material trades on the trades books and identification of risks not captured in systems and traditional risk metrics; actively participating in the development and validation of risk and valuation models; providing risk analysis for power structured deals and transactions (heat rate call options, tolling, load-following, full-requirements, shaped and block products, energy asset management, etc.); monitoring trading risk against limits; providing management commentary on key risks in trading activity; participating in the risk committee; and participating in projects to automate and streamline processes. Required: a bachelor's degree in Finance, Accounting or related field (MBA, CFA preferred); 5+ years' experience in a market risk or risk valuations role within a power trading environment; understanding of complex power transactions; in-depth knowledge of physical and financial power trading markets, strategies and the related volatility; strong analytical, quantitative and data management skills; modeling experience for deal valuation and risk analytics and advanced proficiency in Excel and VBA.

Position #9: Energy Credit Risk Senior Analyst
Position supports a power trading organization. Responsibilities include underwriting, financial analysis and recommendation of credit lines/limits for trading counterparties; identifying risks in complex transactions; interacting with traders and originators to determine mark-to-market exposure for credit lines; assisting with negotiations of credit terms and collateral thresholds; coordinating guarantees and letters of credit to and from counterparties; managing daily bilateral collateral by responding to margin calls from counterparties and reporting on collateral; providing reports to monitor active unsecured credit to counterparties; preparing reports and performing portfolio-wide credit analysis; and performing ad-hoc analysis for upper management as required. Required: a bachelor's degree in Finance (or related field); 3-6 years’ of credit risk experience in an energy trading environment; must have experience with evaluating counterparties in trading environment; familiarity with credit terms of master agreements (ISDAs, NAESBs, EEIs, etc.); proficiency with MS Office and strong communication skills.

Position #10: Renewable Power Settlement & Revenue Manager
Position manages an ISO power settlements and billing team covering multiple ISO markets and structured power transactions for a renewable power generation company (optimizing wind, solar and battery storage assets). Team is responsible for settlement and reconciliation of wholesale physical/financial transactions (wholesale physical power, renewable energy credits (RECs), imbalance of settlements); invoicing counterparties and paying monthly invoices; and ensuring all transactions, P&L and third-party settlements are represented accurately in the ETRM and accounting systems. Required: bachelor’s degree in Finance or related field; 7+ years’ experience with ISO power settlements and 3+ years’ supervisor, manager or team lead experience; strong IT skills; good knowledge of ISO power markets within PJM, the northeast and ERCOT; experience working with originators, traders, accounting and middle office; knowledge of wholesale markets is preferred; and exceptional communication skills.

180529


 

Generation System Supervisor 

 

Vectren Corporation is an energy holding company headquartered in Evansville, Ind.  We provide energy delivery services to over 900,000 natural gas customers located in Indiana and west central Ohio and over 140,000 electric customers in southwestern Indiana.  

 

What you will be doing

  • Maintain a safe, stable, and reliable electric generation system within area of responsibility in cooperation with Midcontinent Independent System Operator (MISO)

  • Ensure safety and reliability/integrity of electric generation system in accordance with established policies and procedures, providing reliable energy supply

  • Perform all functions related to monitoring and dispatching Vectren’s electric generation fleet; submit load, generation, and ancillary service bids and offers to MISO

  • Collaborate with power plant and transmission system operations for planned generator outage/maintenance to optimize plant availability and reliability; minimize customer cost; and maximize wholesale opportunity

  • Coordinate gas generator operations, determining natural gas needs and procuring as needed

  • Logically analyze system situations, anticipate, and resolve problem proactively or create a plan of action and implement it to correct system problems

 

What you bring

  • Bachelor’s Degree or equivalent work experience

  • Ability to obtain NERC System Operator certification within 6 months

  • Ability to work in a team environment

  • Comfortable with working a 12-hour rotating shift

 

It would be awesome if you have

  • Bachelor’s Degree or higher in a business or engineering field

  • NERC Certified System Operator (Reliability Coordinator) certification

  • 2+ years of electric generation system supervisor experience

  • 2+ years of experience working a rotating shift

  • Thorough understanding of bulk electric system fundamentals and how market participants interface with MISO power market

  • Thorough understanding of NERC policies, standards, and/or procedures

  • Familiarity with the MISO charge types and settlement process

 

What we bring to you

  • Professional growth and development programs including tuition reimbursement to help advance your knowledge, skills and even career

  • Colleagues with a vast amount of knowledge and experience committed to your growth, development and success

  • Comprehensive health and wellness plans for you and your family

  • 401(k) Savings Plan featuring a company contribution regardless of your contribution along with company match opportunities for additional savings

  • Paid holidays and paid time off

  • Competitive compensation

 

TO APPLY:

Interested applicants, please visit www.vectren.com/careers to view the job posting and apply. Or feel free to contact the recruiter at ldrain@vectren.com.

Vectren shall abide by the requirements of Executive Order (E.O.) 11246, as amended, and the requirements of 41 CFR 60-1.4(a), 60-300.5(a) and 60-741.5(a). These laws and regulations prohibit discrimination against qualified individuals based on their status as protected veterans or individuals with disabilities, and prohibit discrimination against all individuals based on their race, color, religion, sex, sexual orientation, gender identity or national origin. Moreover, these laws and regulations require that covered federal contractors take affirmative action to employ and advance in employment individuals without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability or veteran status.

180612


 

Cost Offer Development Analyst

Requisition ID: 48343 

Job Function/Category:  Energy Resources & Trade LLC 

Employment Type:  Exempt Full Time 

 

This is an exciting time to be joining PSEG. Our commitments, which include safety, integrity, customer focus, and diversity & inclusion, are the fabric of our culture and help drive the success of our business. We are fortunate to have an outstanding workforce of diverse and highly skilled talent who move us forward in our operational excellence journey.  PSEG has more than 12,000 employees who are dedicated to the communities we serve and embody our vision: People providing Safe, Reliable, Economic and Greener Energy

 

This is a multi level position with placement dependent on candidate's level of experience.  This position requires a hybrid of specialized technical/engineering disciplines and ISO energy market expertise.  The primary responsibility of the Cost Offer Development Analyst is the end-to-end development of Fuel Related Costs, maintenance VOM, emissions adders and Other Fuel Related Cost (OFRC) for all generating stations in accordance with the PJM manual 15 and tariff requirements, applicable procedures, or equivalent requirements from other ISOs.  The Analyst is accountable for the accurate development of the cost based offers for the assets to be submitted into the participating markets. 

 

Responsibilities Include:

Development of annual updates for Total Fuel Related Cost (TFRC) components per PJM manual 15, tariff and applicable procedures, including non-daily unit fuel related cost, emissions adders, maintenance VOM adder, and OFRC. This effort includes working and coordinating with other business units (Fossil, nuclear and Power Finance); pulling raw data from each of the generation assets, performing and reviewing calculations, and inputting data into the bidding system PCI to be submitted into the markets.

 

Development of annual Fuel Cost Policy (FCP) updates in accordance with the latest manual and tariff requirements, and ensuring compliance with the FCP when developing the TFRC for each of the generating assets.

 

Responsible for cost based offer procedure development/updating and adherence, coordinating and communicating with other organizations to ensure their procedures are updated with the latest market information.

 

Actively participates in Market committees to understand policy changes and impacts; Responsible for implementing and communicating market changes related to cost based offers.

 

Responsible for ensuring that the bidding tool (PCI system) incorporates the latest market requirements to accurately develop and calculate for each of the generating units (Fossil and Nuclear). This includes working and testing of the system to meet market requirements with outside vendor and internal IT team to ensure the accuracy and quality of the system.

 

Required Skills, Education and Experience:
COST OFFER DEVELOPMENT ANALYST

●    Quantitative degree (Engineering or Math degree) or Finance degree (preferably with 7 years of experience in transactional cost based accounting)

●    At least 5 years of experience in the Energy Industry, preferably with knowledge of the following:

o    Knowledge of heat mass balance

o    Knowledge of cost drivers in fuel conversion or electricity production

o    Knowledge of Plant equipment maintenance cycles

o    Understanding of tariff and manual rules associated with cost based
      bidding

●    Solid understanding of the company’s generation assets, fuel, and regional market rules

●    Electric system operations, Electric Generation and Dispatch, economics experience

●    Advanced Excel knowledge

●    Knowledge of PI, PCI and/or Power GADS systems

 

SENIOR COST OFFER DEVELOPMENT ANALYST:

●    Quantitative degree (Engineering or Math degree) or Finance degree (preferably with 10 years of experience in transactional cost based accounting)

●    At least 8 years of experience in the Energy Industry, with knowledge in the following areas:

o        Knowledge of heat mass balance

o        Knowledge of cost drivers in fuel conversion or electricity production

o       Knowledge of Plant equipment maintenance cycles

o       Understanding of tariff and manual rules associated with cost based
       bidding

●    Solid understanding of the company’s generation assets, fuel, and regional market rules

●    Strong understanding of electric systems and generation economics

●    Electric system operations, Electric Generation and Dispatch, economics experience

●    Advanced Excel knowledge

●    SAP or equivalent Finance or Work Management systems

●    Knowledge of PI, PCI and/or Power GADS systems

 

Required Competencies:

  • Attention to detail

  • Sense of ownership / self-starter

  • Prioritization and organizational skills

  • Compliance focused mindset

  • Communication skills – verbal and written

  • Problem solving skills

  • Teamwork / conflict resolution

  • Ability to work well with other groups while maintaining independence of judgment

  • Leadership / ability to take charge

  • Project management and planning

 

Desired Skills, Competencies, Education and Experience:

  • Master’s Degree

  • Strong understanding of electric systems and generation economics

 

Apply for this position here: http://bit.ly/2Ju2CBg 

 

180523


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

 

Hourly Trader
Location: Carmel, IN

This position will be responsible for the management of generation and native load requirements of any participating member or client.  This position will be accountable for generation and load scheduling, demand side management, transmission purchases, energy transactions, market interaction, hourly sales of member’s generation or contract resources and purchasing as required.

 

REQUIRED QUALIFICATIONS

  • Bachelor’s degree in business or a related field or an Associate’s degree with applicable power trading experience from an institution accredited by an accrediting agency recognized by the US Department of Education. 

  • Previous business experience preferred to include price negotiation, data analysis and customer service.

  • Demonstrated proficiency in computers, specifically Microsoft Excel.

  • Competence with mathematics and technical concepts.

  • High degree of analytical, attention to detail and organization skills.

  • Effective written and oral communication skills as well as computer skills.

  • Application and use of critical thinking skills.

 

Cyber Security Engineer
Location: Carmel, IN

This position is responsible for providing proactive security monitoring and investigation of IT assets.  This position will work to collect, analyze, and report on data creating actionable tasks.  This role will work with a talented team of network administrators, network engineers, and other cyber security staff to ensure the safety of our electronic assets consistent with established security policies, procedures, and requirements.  Additionally this position will play a critical role in incident response and vulnerability management.  This position must adhere to, administer, and maintain ISSP, SOC 1, and NERC CIP compliant IT practices and procedures. 

 

REQUIRED QUALIFICATIONS

  • Bachelor of Science in Computer Science, Technology or related degree preferred

  • Security certifications desired such as CEH, Security+, CISA, CISSP, CISM, CQA, CRISC

  • Understanding of NERC CIP standards

  • Understanding of technology and business requirements and ability to translate into actionable security tasks

  • Automation and scripting experience preferred

  • Information system architecture and physical and logical security controls experience, including:

  • Firewalls and routers

  • Encryption

  • Incident Response

  • Identify and Access Management

  • Security Information and Event Management (SIEM)

  • Configuration Change Management

  • Business Continuity and Disaster Recovery Planning

  • Operating Systems (including Windows, Linux, Unix)

  • IPS/IDS/Threat Hunting

  • Remote Access Systems

  • Vulnerability and Patch Management

  • Ability to develop and execute short term plans

  • Effective written communication, oral communication and presentation skills

  • Strong organization skills and technical writing skills

  • Strong attention to detail and exceptional customer service skills

  • Ability to troubleshoot issues and resolve problems quickly

  • Working knowledge of ACES fundamental operations

  • Ability to maintain confidentiality

  • Works independently with minimal supervision

 

TO READ FULL JOB DESCRIPTIONS & APPLY: http://www.acespower.com/available-positions

180605


 

Energy Solutions Developer – Federal Discipline

Open Location

 

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

 

Looking for a Business Developer to sell complex energy efficiency projects within the Federal Government.

 

As a Senior Account Executive, you’ll be involved in the following:

  • Experience selling and marketing of energy infrastructure solutions in the federal sector through performance-based Federal IDIQ contracts

  • Identify new business opportunities, markets and cultivate new customer prospects

  • Develop new RFP/RFQ opportunities

  • Work on highly competitive RFP/RFQ responses in a primary authorship role

  • Coordinate with internal project development teams and others throughout the sales cycle

  • Account management to maintain relationships with existing customers and drive new business to help customer meet Federal goals or unfunded site infrastructure requirements through performance-based energy savings contracts

 

Experience / Qualifications

  • Experience in the Federal ESPC, UESC, Energy Management and/or Design/Build market

  • Experience with complex sale cycles that include complex financial arrangements

  • Exceptional public speaking and presentation skills required

  • The ability to travel

 

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

 

180227


 

Demand Response Senior Director

Open Location

 

OVERVIEW - The Demand Response (DR) Business Lead is responsible for developing and executing the strategy for the DR business line in the utility and end-use channels across North America.

 

MUST HAVE experience in Distributed Energy Resources and Demand Response

 

The DR Business Lead is responsible for meeting revenue targets. You will be the leader of our DR / DERs activities and directs a team of functional experts in the DR/DERs business line. Responsibilities include strategic leadership, technology evaluation, DER / DR program design, business development support, program startup and ongoing expert support for the regional team.

 

RESPONSIBILITIES

  • Directing program designs for sectors such as Residential, SMB and C&I as well as informing required resources for delivery of contracts.

  • Manage a team of five demand response consultants.

  • Oversee the development of DR sales pipeline.

  • Review DR financials including portfolio P&L/business line operating costs/new project budgets.

  • Support contract negotiations between company and utility clients.

 

REQUIREMENTS

  • Strong business management and business development acumen.

  • Energy industry experience, at least five of which are in demand response, demand management or distributed energy resources.

  • Direct program delivery experience in energy efficiency, demand response, distributed energy resources and/or demand management.

 

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

180315


 

Business Development Director – Energy Development

California

 

This individual will be responsible for driving the growth of well-positioned Energy Finance/Project Development Firm. The candidate will recruit new channel partners and drive increased volume from the company’s existing energy services company and contractor partners. The candidate will also manage and implement targeted direct sales efforts to multi-site industrial, commercial and institutional customers. We are seeking a highly motivated candidate with a track record of meeting and exceeding business development targets in the energy efficiency, renewable energy, retail energy or other relevant industries.

 

Duties & Responsibilities

The candidate’s responsibilities will include:

 

  • Developing and closing energy efficiency deals

  • Identifying, qualifying, developing and executing channel partner relationships with ESCOs, energy contractors, equipment suppliers, energy retailers, and other promising channels

  • Managing and implementing go-to-market strategies that efficiently allocate resources to best accelerate the building of pipeline and execution of profitable projects

 

Experience & Qualifications

Successful experience in an energy efficiency development role, meeting sales targets and developing strong relationships with channel partner. The successful individual will also need to demonstrate:

  • Experience selling energy-related solutions into the C&I vertical markets

  • Success selling value vs. price - financial solution sales

  • Ability to present to executive board-level professionals

  • Solutions oriented individual that can excel in a start-up environment

For confidential consideration call Scott Brownholtz directly @ 916-649-3200 – scott@brownholtz.com.

 

180227


 

Power Trader, Real-Time
Location: Bellevue, WA

 

SUMMARY
Provides asset optimization services including; portfolio management, system monitoring, resource scheduling, and the execution of real-time energy transactions on behalf of The Energy Authority and its Members and Partners.

 

ESSENTIAL DUTIES and RESPONSIBILITIES include the following:
● Simultaneously manages portfolios in real-time for multiple clients

o Forecasts hourly loads

o Analyzes energy and transmission alternatives to optimize profits and ensure delivery

o Interacts with the market participants to develop, negotiate, and execute opportunistic business transactions that create value for the company

o Evaluates the current value of thermal and storage resources relative to the market

o Evaluate market conditions and develop trading strategies to optimize the use of available resources

o Coordinate client and intra-TEA communications on power supply needs and transactions

● Monitors real-time data feeds to provide timely and reliable response to changing portfolio conditions including:

o SCADA alarm system

o PowerBiz

o Real-time system metering

o iCRS

● Coordinates the scheduling of resources to serve system obligations

o Scheduling of energy and reserve transactions

o Tagging of energy transactions

o Manage transmission reservations and negotiate transmission sales / purchases

o Pro-actively pursues transmission opportunities on behalf of Members, Partners and TEA

o Coordinate between clients, counterparties, control areas and transmission providers to ensure the reliable receipt and delivery of power

● Maintains working knowledge of Trading environment including:

o Client’s resource and obligation mix

o Current tagging methodologies and requirements

o Current scheduling methodologies and requirements

o Current applications, web sites, spreadsheets and other tools needed to effectively manage the portfolios under their control

● Data Entry Tasks

o Accurately records purchase and sale transactions on appropriate blotters or trade tickets and ensures that all necessary transaction details are entered into TEA’s deal capture system

o Obtains market discoveries and market clearing prices

o Confirms hourly transactions, including total MWh’s, transaction price, Point of Receipt or Point of Delivery with counter-parties in order to ensure accuracy

 

MISCELLANEOUS
Work on a rotating 12-hour shift to provide trading coverage on a 7/24/365 day basis and be prepared to provide trading support during natural disasters, at back up facility, and/or team related emergencies. This position may be called on to fill in for other trading floor positions (Support Specialist, Day-Ahead Power Management Specialist, etc.) when needed. Provide training and support to new traders and support specialists about TEA business practices, processes, and procedures. Ensure that all relevant aspects including energy price, transmission, counter party contractual and credit limits terms, are in compliance with TEA’s and member risk policies (if applicable).

 

EDUCATION and/or EXPERIENCE
Bachelors’ degree from a four year accredited college or university required, advanced degree a plus. Previous experience in the energy industry and with trade capture systems is a plus.

 

CORE COMPETENCIES

  • CRITICAL THINKING

  • COMMUNICATION

  • ACCURACY

  • COMMITMENT TO CONTINUOUS LEARNING

  • PROGRAMMING

  • TECHNICAL DESIGN

  • PROJECT RELATED WORK

  • ISSUE MANAGEMENT

 

VALUES REQUIRED

  • Customer Focus

  • Integrity

  • Teamwork

  • Ownership

  • Excellence

 

ONLINE APPLICATION

https://workforcenow.adp.com/jobs/apply/posting.html?client=theenergy&jobId=
236332&lang=en_US&source=CC3

 

180327



City of Eugene, Oregon, Water & Electric Board

Real Time Trader II


The Eugene Water and Electric Board is currently seeking a Real Time Trader II for real time negotiations and implementation of power sales, purchases, and exchanges of power and transmission products over a "next hour" to 24-hour time frame.  This position is responsible for knowing current market place price and supply conditions and real-time trading practices. The successful candidate will operate, monitor and control EWEB's hydroelectric and thermal generating plants through SCADA and controlling by AGC to maximize their value within license conditions, all while undertaking profitable off-system sales as power market conditions and EWEB risk management policies and procedures warrant.  They serve in a back-up role to Short-Term Traders.  The Real-Time Trader II will have authority to conduct approved trades of power supply with delivery occurring for 1-day, balance of month, and prompt month contracts when transacting in that capacity.
 

The successful candidate will also:

  • Initiate, negotiate and administer real time power and transmission sales, purchases and exchanges with other wholesale power entities. Calculate, estimate, and resolve on a real time basis the system requirements for power interchange to meet EWEB and client utility sales, system load and generation requirements. Determine real time power requirements; make appropriate adjustments using EWEB and WECC scheduling guidelines.

  • Monitor and control the hourly and daily operation of EWEB owned or contracted for generation to optimize the economic benefit to EWEB. Monitor and control various reservoir and river levels per FERC regulations.

  • Monitor WECC power market conditions to identify and complete profitable off-system transactions. Analyze and determine the most cost effective power transactions to be pursued. Understand and comply with EWEB Wholesale Power Risk Management policies and procedures.

  • Participate with power management and planning department members to develop marketing plans and strategies.

  • Keep accurate records on all transactions. Prepare and maintain various reports and records, including Microsoft Excel.

  • Represent EWEB with other utilities and government agencies. 

  • Operate EWEB system in compliance with all applicable NERC standards.

  • Work 5-week rotations of 24/7 shifts, including weekends and holidays.

 

EWEB offers employees a progressive working culture devoted to providing excellent public service. Our employees work in a fast-paced environment where creativity, innovation, involvement, teamwork and professional development are supported and encouraged. EWEB is also committed to providing a work environment conducive to the safety, health, and well-being of its workforce, and offers great benefits, including but not limited to health care, vacation and sick leave, pension, holidays, and employee credit union.

 

EWEB takes pride in our commitment to diversity and inclusion among our employees. We embrace and value differences of culture, education, experience, physical ability and unique perspectives in our workplace. We invite applications from qualified candidates who share our commitment to diversity. Attracting, retaining and advancing talent from all sources strengthens our bond with the multifaceted community we serve.

Minimum Training and Experience Required:

Minimum Experience: Minimum of three (3) years' experience in the power or gas trading industry; Knowledge of trading products, regional forward price curves, risk management and associated tools, pricing strategies, power supply, and transmission/physical assets to execute/facilitate transactions and knowledge of regions in which power is traded.  

Education: Minimum of an Associate's degree in Business Management, Accounting, Finance, Economics or Engineering preferred; an equivalent combination of education and experience contributing to the development of proven skills and knowledge may be qualifying.

 

To Apply:  All applications must be submitted online https://www.governmentjobs.com/careers/eweb.

 

The application deadline for this posting is 5:00 pm PST on June 8, 2018.

 

180523