New York Power Authority

Customer Supply Portfolio Trader I

New York Power Authority$99K — $124K *
Energy & Utilities
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree in a related field required.
  • 2+ years of experience in an analytical role or equivalent education/experience.
  • Familiarity with Wholesale Electricity and Fuel Markets.
  • Strong command of Excel, including building formulas and managing large datasets.
  • Utility or Energy Company experience preferred.

Responsibilities

  • Execute daily functions required by NYISO as an LSE and Market Participant.
  • Develop and adjust bids and forecasts aligned with strategic objectives.
  • Analyze market conditions and submit competitive bids for NYPA assets.
  • Manage trading tools to mitigate market volatility risks.
  • Stay updated with NYISO practices and market developments.

Benefits

  • Opportunity to work in a dynamic and fast-paced energy market.
  • Involvement in critical decision-making processes impacting large-scale energy transactions.
  • Access to training and development programs in energy trading and analytics.
  • Experience in a leadership role within a prominent utility organization.
Full Job Description
Summary

The Customer Load Management (CLM) Trader may work in various distinct areas including short-term load forecasting, New York Independent System Operator (NYISO) energy bidding/transacting, energy reconciliation, long-term forecasting, load research, load evaluations, Capacity/UCAP forecasting, NYISO ICAP/UCAP bidding/transacting, energy and capacity reconciliation, and various market and customer load related analytics. Within these areas, the CLM Trader performs, assists and/or supports the critical functions necessary for the success of the group and its stakeholders. The CLM Trader should have a strong command of excel with experience using and building formulas, pivot tables/charts, and managing large datasets. This will be tested with an aptitude test during the interview process. The CLM Trader must understand the fundamentals of customer tariffs and contracts for developing comprehensive, dynamic, and static forecasts of demand, energy, capacity and coincident peak loads, as well as production sales delivery and NYISO-related bids and bilateral transactions for all NYPA's customers and enterprise-wide stakeholders. The CLM Trader manages all the energy and capacity transactions within the NYISO marketplace and serves as the authoritative source for all supply-customer load and capacity related data associated with the aforementioned transactions. The CLM Trader also manages and performs all the customer load related reporting needs for the enterprise. They are considered the subject matter expert on all aspects related to wholesale market and retail customer load forecasting.

Responsibilities

  • Execute daily functions required by NYISO as an LSE, Power Supplier, Transmission Customer & Market Participant
  • Develop, monitor, adjust bids/schedules and forecasts to ensure adherence to strategy, fuel management constraints, contractual obligations & appropriate governance
  • Review and analyze market conditions to develop & submit bids for all NYPA assets/portfolios on hourly/daily/forward basis
  • Manage NYPA trading tools as appropriate to reduce NYPA exposure to market volatility
  • Stay current with NYISO procedures, market issues and reports.


Knowledge, Skills and Abilities

  • Familiar with Wholesale Electricity Market, Fuel Markets and/or associated Financial products.
  • Basic business, statistical, financial, analytical and reasoning skills
  • Strong analytical and communication skills
  • Able to adapt, multitask and work under pressure


Education, Experience and Certifications

  • Bachelor's degree or required
  • Minimum of 2 years of related experience in an analytical role or equivalent combinations of education & experience.
  • Utility or Energy Company experience preferred


Physical Requirements

Real Time Traders, ability to work a 24/7 12-hour rotation, holidays and weekends.

The New York Power Authority is committed to providing fair, competitive, and market-informed compensation. The estimated salary range for this position is: $99,000 - $124,000. The salary offered will be determined based on the successful candidates' relevant experience, knowledge, skills, and abilities.

About New York Power Authority

The New York Power Authority (NYPA) is a public power organization that provides electricity to customers throughout New York State. The organization was established in 1931 and is headquartered in White Plains, New York. NYPA operates a large fleet of power plants, including hydroelectric, natural gas, and oil-fired facilities. The organization also operates a transmission and distribution system that delivers electricity to customers across the state. NYPA is committed to promoting energy efficiency and renewable energy, and has implemented a number of programs to help customers reduce their energy consumption and carbon footprint.
Learn more about New York Power Authority
Size
1,900 employees
Industry
Founded
1931

Similar Jobs

More Jobs at New York Power Authority

More Energy & Utilities Jobs

Find similar Customer Supply Portfolio Trader I jobs: