Entity:
Supply, Trading & Shipping
Job Family Group:
Supply & Trading Group
Job Description:
About the roleThe Non-Energy Optimization Specialist will participate in the portfolio management and profitability analysis of the Commercial & Industrial retail electricity portfolio. This individual’s primary responsibilities will be to manage the retail portfolios positions in RA, MTR & Capacity.
Key Responsibilities- Manage retail portfolio of power related products including, but not limited to, RA, MTR, capacity, CRRs and any future traded ancillary products
- Transact bilaterally and on exchange in approved products to hedge and optimize retail portfolio
- Manage regulatory filings for CAISO RA & MTR
- Maintain all traded non-energy curves including congestion, capacity and RA related products
- Support Optimization team by maintaining and providing transactable prices for approved tradable products as well as provide market information to the retail pricing functions, salespersons and customers
- Build and support models for optimization analysis, managing risk exposure and hedging strategies for retail portfolio
- Book non-energy trades consisting of a variety of standard and non-standard products in the ETRM
- Support the retail load forecasting process by further developing associated exposure reporting and stress testing to advance the needs of the retail supply traders
- Lead variance explanations during actualization process for assigned markets and products
- Understand and comply with all internal policies as well as those of CFTC, SEC, FERC, and any other regulatory bodies or exchanges
- Work with internal teams to ensure accurate customer invoicing for responsible products
- Support sales in customer meetings as subject matter expert on market liquidity, regulatory changes and rest mitigation strategies
- Additional tasks as needed based on desk resourcing
Essential Education, experience and requirements- Bachelor degree required in a quantitative field such as math, statistics, economics, quantitative finance or engineering
- Mid-level experience in an analytical or commercially focused role
- Retail supply experience or similar commercial experience required
- Working knowledge of CAISO RA & MTR regulatory landscape preferred
- Strong working knowledge of ISO markets, the electric power grid and marketplace, specifically in the CAISO, PJM, or NYISO regions
- High level of proficiency in Excel VBA and SQL required, python highly preferred
- Analytical skills required for risk assessment
- Experience with ETRM systems preferred
- Strong individual contributor with consultative style and aptitude for collaboration and teamwork
- Skilled at working across multi-disciplinary functions and departments
- Proficient in collecting, querying, visualizing, organizing and analyzing complex data, evaluating information and drawing logical conclusions
- Strong organizational skills, attention to detail and ability to adhere to regulatory mandated timelines
Travel RequirementUp to 10% travel should be expected with this role
Relocation Assistance:
This role is not eligible for relocation
Remote Type:
This position is a hybrid of office/remote working
Skills:
Agreements and negotiations, Analytical Thinking, Business Acumen, Commercial Business Development, Continuous Learning, Customer promise execution, Customer service delivery excellence, Deal modelling and valuation, Developing and implementing strategy, Influencing, Internal alignment, Listening, Loyalty Management, Marketing strategy and programmes, Negotiating value, Negotiation planning and preparation, Partner relationship management, Presenting, Sentiment and Trends, Thought Leadership, Trade discipline and compliance, Trading Fundamentals, Trading knowledge, Writing skills
.