Occidental Petroleum Corporation

OxyChem Real Time Power Trader

Energy & Utilities
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree in Business, Finance, Accounting, Engineering, or related field preferred.
  • NERC certification required, either RC or TO.
  • Minimum two years of experience in real-time trading or operations, or strong analytical background in energy trading.
  • Ability to operate under a rotating 12-hour shift schedule including nights, weekends, and holidays.
  • Proficiency in Excel, MS Teams, API Integration, Power BI, and ETRM systems (OATI).

Responsibilities

  • Monitor and optimize power scheduling, dispatch, and trading for OxyChem's assets.
  • Ensure IT systems and market models are operational, troubleshooting issues as they arise.
  • Act as the primary contact during critical grid events, managing asset adjustments accordingly.
  • Maintain up-to-date market awareness and ensure compliance with trading rules while enhancing profitability.
  • Facilitate communication between asset operators and trading teams for effective decision-making.
  • Report any deviations from normal operations to ISOs to maintain regulatory compliance.
  • Cultivate relationships in key trading regions to ensure coverage in case of generation outages.

Benefits

  • Opportunity to work in a high-intensity market environment.
  • Exposure to real-time trading and energy market operations.
  • Professional development through fast-paced training and ongoing education.
  • Chance to cultivate industry relationships that can enhance career prospects.
Full Job Description
Based in Houston, Texas, OxyChem's Power Group manages a diverse portfolio of cogeneration facilities and oversees significant electrical loads across the United States. Operating at the intersection of market strategy and technical excellence, the team maintains continuous engagement with both MISO and ERCOT, ensuring seamless operational compliance with all ISO protocols. With a sharp focus on market dynamics and asset optimization, the Power Group strategically positions OxyChem's portfolio to capture value, drive profitability, and enhance competitive advantage in the evolving energy landscape.

The Real Time Trader serves as the operational and commercial nexus between OxyChem's production facilities, regional transmission operators, and independent system operators. Operating in a high-intensity market setting, the incumbent will deploy sophisticated analytical, decision-making, and risk management skills to optimize schedules, react to rapidly changing conditions, and manage financial exposure in real time. The candidate will work rotating 12-hour shifts, including nights, weekends, and holidays, to manage all of OxyChem's power generation and load in the ERCOT and MISO markets.

Job Responsibilities:
• Monitor, evaluate, and implement scheduling, dispatch, and trading of physical power/ancillaries around OxyChem's assets to optimize performance and profitability.
• Continuously monitor the status of all IT systems and models used to submit asset parameters to the markets (Gen Models for Taft, Ingleside, and Battleground); identify issues such as loss of telemetry or visibility to markets, and direct Oxy IT or plant personnel to resolve them promptly, while keeping grid operators informed.
• Serve as OxyChem's primary real-time contact during critical electrical grid events - including directing assets to adjust load during high price events or ensuring cogen facilities follow grid operator dispatch set points.
• Maintain situational awareness of market conditions and monitor asset parameters, ancillary services, telemetry, and outages to ensure compliance with market rules while ensuring optimal profitability.
• Communicate effectively with asset operators, asset managers, and real-time trading colleagues on market events and analysis, fostering a consistent flow of information and ensuring strong decision-making.
• Provide timely, clear communication to ISOs regarding deviations from normal operations to maintain compliance with all rules, regulations, and protocols.
• Ensure compliance with ISO dispatch instructions, ancillary service deployments, and directives consistent with applicable Regulatory Standards, Protocols, Guides, Business Practice Manuals, and Tariffs.
• Build and maintain strong industry relationships in key trading regions to cover shortages caused by unexpected load or generation outages.
• Maintain required training levels to ensure effectiveness and readiness for market rule changes in relevant NERC regions and ISOs.
• Manage multiple P/L spreadsheets to capture gains/losses.
• Complete fast-paced training to achieve required competency levels within specified timelines.

Required Qualifications:
• Bachelor's degree in Business, Finance, Accounting, Engineering, or related technical/accounting field preferred.
• NERC certification, RC/TO
• Willingness to work a rotating schedule of 12-hour shifts, including nights, weekends, and holidays.
• Strong collaborative mindset and ability to work effectively with shift partners.
• At least two years of experience in real-time trading or operations (preferred), or a strong analytical/quantitative background with knowledge of energy trading.
• Ability to quickly grasp the power scheduling and optimization process across front-office, mid-office, and back-office functions.
• Procedural and process-improvement mindset with strong analytical skills.
• Superior attention to detail and organizational skills.
• Ability to work under pressure while managing multiple tasks.
• Tech Skills -Excel, MS Teams, API Integration, Power BI, ETRM(OATI) .

Preferred Qualifications:
• Commercial competency in U.S. energy markets with direct P&L responsibility.
• Highly detailed and willing to learn with accountability in a team environment.
• Understanding of system and ETRM (Energy Trading and Risk Management) enhancements.
• Basic knowledge of market products in ERCOT and MISO.
• Basic knowledge of NERC requirements, Market Protocols, BPMs, and Tariffs.

About Occidental Petroleum Corporation

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Learn more about Occidental Petroleum Corporation
Size
11,678 employees
Market Cap
$56.5 billion
Industry
Net Income
-$14.8 billion
Founded
1920
5 Year Trend
+20.7%
Revenue
$17.9 billion
NASDAQ

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