Salt River Project

Senior Short Term Trader

Salt River Project • $110K — $130K *
Tempe, AZ 85281In-Person
Energy & Utilities
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • 5-7 years of experience in power trading or related energy market functions.
  • Proven knowledge of wholesale electricity markets and generation operations.
  • Strong analytical and problem-solving skills.
  • Ability to forecast load and market prices effectively.
  • Bachelor's degree in a related field preferred.

Responsibilities

  • Develop and submit SRP's day-ahead market position.
  • Create load forecasts and generation plans for portfolio reliability.
  • Incorporate market conditions into bidding strategies.
  • Manage wholesale transactions and market risk exposure.
  • Collaborate with stakeholders on operational strategies.
  • Support settlement validation and market performance assessments.
  • Provide desk coverage during weekends and holidays.

Benefits

  • Hybrid workplace allowing up to three days of remote work per week.
  • Opportunity for career advancement based on performance.
  • Access to continuous training and development resources.
Full Job Description
Requisition ID: 20554

Summary

Develop, evaluate, and submit SRP's day-ahead market position to meet retail customer demand, maintain reliability, and maximize the value of SRP's generation, transmission, fuel, and market portfolio. Responsibilities include load forecasting, generation planning, market bidding, transmission and fuel coordination, wholesale transactions, and development of strategies that optimize portfolio performance.

As SRP participates in SPP Markets+, the Day-Ahead Trader is responsible for the accuracy, completeness, and timeliness of daily market submissions and for maintaining an accurate position for Real-Time Trading and Generation Dispatch. The position collaborates with internal and external stakeholders to support reliable, economic, and compliant market operations.

What You'll Do

  • Develop, review, and submit SRP's day-ahead market position, including bids, offers, self-schedules, flexibility products, and other market submissions.
  • Develop load forecasts, generation plans, and resource commitment recommendations that support the reliable and economic operation of SRP's portfolio.
  • Incorporate market conditions, fuel costs, Variable Energy Resource (VER) forecasts, operating constraints, reserve requirements, and transmission availability into market strategies.
  • Develop bidding and offer strategies for thermal, renewable, hydro, pumped storage, battery storage, and other energy-limited resources.
  • Review market awards and communicate risks, obligations, and operating strategies to Real-Time Trading and Generation Dispatch.
  • Coordinate natural gas requirements, transmission arrangements, outage schedules, and resource availability with internal and external stakeholders.
  • Negotiate wholesale purchases, sales, exchanges, displacement transactions, and approved arbitrage opportunities within established authorities and risk limits.
  • Manage transmission utilization, congestion exposure, and market risk across bilateral and organized market structures.
  • Support settlement validation, profit-and-loss analysis, and market performance assessments.
  • Participate in market testing, process improvements, operating-procedure development, tool enhancements, and training activities.
  • Collaborate with Market Operations Strategy, Operations Planning, Real-Time Trading, Gas Trading, Generation Dispatch, and other stakeholders to optimize SRP's portfolio while maintaining reliability.
  • Provide desk coverage, including weekends, holidays, and special operating conditions, and perform other duties as assigned.


Education

A bachelor's degree relevant to the assignment from an accredited institution is preferred.
See details under Additional Requirements and Qualifications.

Experience

We are targeting Senior Level candidates for this role.

Level 1 - Associate: In lieu of a degree, 4 years of relevant experience or an equivalent combination of education and experience totaling 4 years may be considered.
Level 2 - Journey: Minimum 2 years of relevant experience required. In lieu of a degree, 6 years of relevant experience or an equivalent combination of education and experience totaling 6 years may be considered.
Level 3 - Senior: Minimum 5 years of relevant experience required. In lieu of a degree, 9 years of relevant experience or an equivalent combination of education and experience totaling 9 years may be considered.

Eligibility for advancement (progression) to the next level in the same role is based on overall job performance, mastery of all functional responsibilities, and time in position, as assessed by the supervisor.

Additional Requirements and Qualifications

  • Experience in power trading, scheduling, generation planning, system operations, market settlements, portfolio management, or related energy market functions.
  • Knowledge of wholesale electricity markets, generation operations, transmission systems, and power-system operations.
  • Knowledge of organized market concepts, including bidding, offers, locational marginal pricing, congestion management, unit commitment, and day-ahead and real-time market operations.
  • Knowledge of SRP generation resources, transmission systems, fuel arrangements, contracts, and operating agreements, or the ability to acquire that knowledge.
  • Strong analytical, problem-solving, negotiation, communication, and decision-making skills.
  • Ability to forecast load, renewable generation, fuel requirements, market prices, and other portfolio drivers.
  • Ability to analyze portfolio and market conditions and develop strategies that support commercial and reliability objectives.
  • Ability to use trading, scheduling, forecasting, market-participant, analytical, settlement, and e-Tagging systems.
  • Ability to meet market deadlines, operating schedules, and reporting requirements in a fast-paced environment.
  • Ability to work effectively with internal stakeholders, market operators, counterparties, consultants, and other utilities.
  • Ability to work weekends and SRP- and NERC-recognized holidays and support special operating conditions when required.
  • Occasional travel may be required.
  • Bachelor's degree in mathematics, finance, business, economics, engineering, data analytics, energy management, or a related field preferred.


Hybrid Workplace

SRP currently offers a hybrid workplace, which allows employees whose jobs can be performed remotely, and who have sufficient technical capability, to telework up to three days per week. Although teleworking is available, all employees must live and work in Arizona.

Drug/Alcohol Policy Statement

To promote the safety and well-being of our employees, customers, and the communities we serve, SRP is committed to maintaining a drug/alcohol free work environment. Although marijuana may now be legal in Arizona, except as otherwise specified under Arizona law, SRP considers it to be an illegal drug for the purpose of our drug/alcohol policy because marijuana remains illegal at the federal level. Any candidate found to be impaired during the hiring process or who has the presence of an illegal drug or unauthorized substance in their system during the pre-employment drug/alcohol test may be disqualified from further consideration in the hiring process.

Work Authorization

All candidates must be legally authorized to work in the United States.
Currently, SRP does not sponsor H1B visas, OPT, or other employment-related visa's.

About Salt River Project

Salt River Project (SRP) is a community-based, not-for-profit public power utility and water provider. SRP provides electricity to more than 1 million retail customers in the Phoenix metropolitan area and is the largest provider of power to the greater Phoenix metropolitan area. SRP also provides water to more than 2 million people in central Arizona. The company was founded in 1903 and is headquartered in Tempe, Arizona. SRP is governed by a publicly elected board of directors and is committed to providing reliable, affordable, and sustainable energy and water services to its customers.
Learn more about Salt River Project
Size
6,000 employees
Industry
Founded
1903

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