Salary : $152,941.28 - $236,851.88 Annually
Location : Monterey, CA
Job Type: Full-Time 1
Job Number: 2026-07-30
Department: Power Supply
Opening Date: 07/30/2026
DescriptionCentral Coast Community Energy (3CE) is seeking a driven Manager of Planning and Portfolio Management to join our team! Apply immediately as this posting may close once sufficient applications are received. Annual Salary Range: $152,941.28 - $236,851.88
FLSA Status: Exempt
Location: Monterey, CA; Soquel, CA; San Luis Obispo, CA; Santa Barbara, CA. Hybrid.
ABOUT THE POSITION: Under the direction of the Senior Director of Power Services or Director of Power Services, the Manager of Planning and Portfolio Management leads 3CE's procurement strategy, portfolio planning, valuation, load and price forecasting, position reporting and hedging-policy implementation. The role supervises the front-office planning and procurement-analyst staff and prepares executive, board- and committee-ready decision materials/reports.
This is a front-office management class focused on planning, procurement strategy and portfolio analytics. The role owns the short-term/IST procurement desk and carries an active compliance-assurance responsibility - keeping RA/RPS/REC positions compliant and providing validated assumptions, models and data to Regulatory Affairs - but does not own regulatory filings or final compliance accountability, which reside with Regulatory Affairs.
Example of Duties Duties may include, but are not limited to, the following:- Set procurement strategy and portfolio-management standards consistent with the Energy Risk Management Policy.
- Lead the front-office procurement desk that runs short-term and index/standard-product (IST) solicitations, RFOs and transactions under approved strategy; resource specific long-term origination tasks in support of the Director of Power Supply Resources.
- Supervise the Energy Procurement & Portfolio Analyst, Power Resources Planners and Power Supply Analyst; assign workload and ensure documented backup coverage.
- Lead RA, REC and energy planning; set valuation, hedging and forecasting methodology standards.
- Review position reports, hedge ratios and open-position views; oversee portfolio cost, revenue and risk reporting.
- Ensure the portfolio stays on a compliant trajectory for RA, RPS and REC obligations; validate underlying data and escalate compliance risk early to Regulatory Affairs, which owns the filings.
- Engage early in long-term origination strategy to improve deal quality and portfolio fit.
- Prepare board/RMC-ready narratives and decision support; provide validated assumptions and data packages to Regulatory Affairs.
- Perform related duties and responsibilities as required.
Typical Qualifications Knowledge of:- Wholesale power markets, CAISO structure, and energy/RA/REC products.
- Portfolio management, hedging strategy, valuation and forward-curve concepts.
- Resource adequacy, RPS and integrated resource planning fundamentals.
- Statistical and financial modeling, load and price forecasting, and risk measurement.
Ability to:- Lead procurement and portfolio strategy and supervise a multidisciplinary analytical team.
- Translate complex portfolio analytics into executive and board decisions.
- Set and enforce valuation, hedging and forecasting standards.
- Communicate effectively in writing, verbally and through presentations.
- Be thorough and detail oriented.
- Apply strong task prioritization, analytical and problem-solving skills.
- Manage multiple priorities and quickly adapt to changing priorities in a fast-paced dynamic environment.
- Work accurately and swiftly under pressure.
- Demonstrate patience, tact and courtesy.
Education and Experience: Any combination of training, education, and experience that provides the knowledge, skills, and abilities to perform the duties of the position is qualifying. A typical way to obtain the required qualifications is:
Education: Equivalent to a bachelor's degree from an accredited college or university in finance, economics, statistics, engineering, applied mathematics or a closely related quantitative discipline; advanced degree desirable.
Experience: Five (5) or more years of progressively responsible experience in energy procurement, portfolio management, power markets or planning, including supervisory experience.
Highly desirable: CCA or load-serving-entity experience; ETRM and advanced modeling experience; CPUC/CEC/CAISO program familiarity.
License / Certificate Requirements: A valid California Driver's license and an acceptable driving record may be required.
Physical Demands and Working Conditions: Office environment with extended computer use; periodic work outside standard hours around procurement and budget cycles.
Reasonable accommodation will be made for qualified individuals with disabilities.
Supplemental Information3CE RESERVES THE RIGHT TO CLOSE THIS RECRUITMENT AT ANY TIME BASED ON THE NUMBER OF APPLICANTS.HYBRID WORK SCHEDULE AS DESIGNATED BY CEO: Current remote workdays are scheduled on Mondays and Thursdays
OR Employee may elect to work a 9/80 work schedule with alternating Fridays
or Mondays off.
BENEFITS: 3CE offers a competitive benefits structure to its full-time employees.
RETIREMENT: Employees contribute 10% of their salary on a pre-tax basis towards the PARS retirement system, and the employer contributes 10% towards PARS.
HEALTH INSURANCE: 3CE pays 90% employer paid coverage for employee plus family coverage. 100% employer paid for single coverage towards medical, dental, and vision. 3CE contributes up to $2400 annually towards flexible spending benefits and $3600 towards HRA.
HEALTH & WELLNESS: 3CE contributes $1,000 per fiscal year for health, wellness, or EV reimbursement.
DEFERRED COMPENSATION: 3CE offers 457 deferred compensations.
PTO: 180 hours annually on an accrual basis per pay period.
CELL PHONE ALLOWANCE: This position is eligible for a cell phone allowance of $50.00 monthly.
APPLICATION AND SELECTION PROCESS: To be considered for this exciting opportunity, please submit a cover letter and resume via . Candidates who fail to submit a complete application packet will not be considered or move forward in the selection process. 3CE is not responsible for the failure of internet forms and/or email transmission in submitting your application packet.
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Each applicant must complete this supplemental questionnaire as a part of the application screening and selection process. The information you provide will be reviewed and used to determine your eligibility to move forward in the selection process. Incomplete responses, false statements, omissions, or partial information may result in disqualification from the selection process. Do you agree to answer each supplemental question truthfully and that your responses can be verified from information included within the application?
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I have attached my resume and cover letter to my application under the "Attachments" section. I understand that if I do NOT attach a resume and cover letter to my application, I will not be considered for this vacancy.
03
I understand that continued employment with Central Coast Community Energy is subject to candidates securing long-term work authorizations needed to work in the United States.
04
Are you legally authorized to work in the United States?
05
Will you now or in the future require employment visa sponsorship?
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I understand that an incomplete application may lead to disqualification from the recruitment process and I have supplied all the applicable information in my application. Examples of incomplete/inaccurate information leading to disqualification include, but are not limited to: noting incorrect department, leaving dates of employment blank, leaving reason for leaving employment blank, leaving duties blank or noting "see resume", etc.
Required Question