CAISO Markets Senior Analyst
Salary
$115,377.60 - $162,427.20 Annually
Location
Tacoma, WA
Job Type
Non-Classified
Job Number
T0190-23D
Department
Power
Opening Date
12/28/2023
Closing Date
3/1/2024 12:00 AM Pacific
Description
Benefits
Questions
Position Description
Tacoma Power’s Resource Operations and Trading group is currently looking for a CAISO Markets Senior Analyst to join our dynamic team. This position is responsible for supporting Tacoma Power's participation in California Independent System Operator (CAISO) markets including the Western Energy Imbalance Market (WEIM) by validating and analyzing resource meter data and market financial settlements, evaluating and enhancing participating resource bidding strategies and dispatch, troubleshooting and resolving CAISO Market back-office related issues.
The Resource Operations and Trading group is responsible for managing the operation and optimization of Tacoma Power’s resource portfolio while maximizing the value of Tacoma Power's interactions with wholesale energy markets. Their core focus is to maximize wholesale revenue while minimizing price and volumetric risk. These activities are vital to maintaining low and stable rates for Tacoma Power's retail service customers.
The ideal candidate will draw on their wholesale energy market (including CAISO and WEIM) technical experience, and their ability to analyze situations accurately, to help our team implement and continually improve strategies that maximize the value of Tacoma Power's participation in CAISO wholesale energy markets.
Responsibilities include:
Function as a subject matter expert for market opportunities within CAISO.
Analyze trading strategies, evaluate their effectiveness, identify opportunities to increase values and communicate these strategies to the team.
Analyze and validate the financial settlements for both Tacoma Power's EIM Entity Scheduling Coordinator (EESC) and Tacoma Power's Participating Resources Scheduling Coordinator (PRSC). Troubleshoot and resolve billing issues.
Support the development and improvement of models, software, and data that further optimize Tacoma Power's interactions with CAISO markets.
Qualifications
Minimum Education*
Bachelor's degree in Engineering, Computer Science, Economics, Statistics, Mathematics or directly related field.
Minimum Experience*
4 years of experience in statistical analysis, data modeling or data analytics including 1 year prior lead or supervisory experience.
*Equivalency: 1 year of experience = 1 year of education
Licensing, Certifications and Other Requirements
Some Assignments:
North American Electric Reliability Corporation Critical Infrastructure Protection certification (NECC-CIP)
Selection Process & Supplemental Information
Apply
Interested individuals should apply online and attach a detailed resume and cover letter that includes job experience, major responsibilities and accomplishments related to this position.
Applications will be reviewed as they are received for interview consideration.
Reference checks will be conducted on final candidates and appointment is subject to passing a background check.
Communication from the City of Tacoma:
We primarily communicate via e-mail during the application process. E-mails from cityoftacoma.org and/or governmentjobs.com must be placed on your safe domain list to ensure that you receive notifications in a timely manner. As a precaution, you may also want to check your junk e-mail folders.
If you have any additional questions regarding this position, please contact the Human Resources Department at 253.591.5400.
Tacoma Power
Tacoma Power (https://www.linkedin.com/company/tacoma-power/) is an almost 100% hydroelectric, municipally-owned public power utility, located in Tacoma. We serve more than 180,000 customers as one of the three operating divisions of Tacoma Public Utilities, alongside Tacoma Water and Tacoma Rail. As one of the most livable, walkable cities in the country, you'll find that Tacoma is a great fit for all interests with places to bike, run, hike, and explore, the perks of a big city, and the charm of a small town.
The City of Tacoma
Tacoma is one of the nation's healthiest, safest, and most playful cities. We have daily access to stunning natural surroundings and a great quality of life. We are Washington's most diverse big city, with arts, culture, parks, and recreational opportunities that are envied by much larger cities. We recognize how lucky we are, but we know we can make it even better....TOGETHER!
Tacoma is a mid-sized urban port city that sits along the Puget Sound with a population of nearly 210,000. The third largest city in the state of Washington, it is a diverse, progressive international gateway to the Pacific Rim.
Propelled by significant developments such as the University of Washington Tacoma, the Tacoma Link light rail system, the restored urban waterfront of the Thea Foss Waterway, the expansions of both the MultiCare and Franciscan health systems, and a significant influx of foreign direct investment in its downtown core, Tacoma has evolved considerably since the 1990s.
Tacoma boasts the state's highest density of art and history museums, and is home to a flourishing creative community of writers, artists, musicians, photographers, filmmakers, chefs, entrepreneurs, and small business owners who each add their unique flair to the city's vibrant commercial landscape. The iconic Tacoma Dome has endured as a high-demand venue for some of the largest names in the entertainment industry.
A magnet for families looking for affordable housing options in the Puget Sound area, Tacoma also draws those who prefer to live in a more urban downtown setting with competitively priced condos and apartments that feature panoramic mountain and water views.
Tacoma's natural beauty and proximity to the Puget Sound and Mount Rainier draws hikers, runners, bicyclists, and maritime enthusiasts to the area. Its lively social scene is infused with energy by thousands of students attending the University of Washington Tacoma, the University of Puget Sound, the Evergreen State College Tacoma campus, and Tacoma Community College, as well as a number of local trade and technical colleges. Its prime location – just 20 minutes south of the Seattle-Tacoma International Airport, 30 miles north of the state capital in Olympia, and within 10 miles of the U.S. Department of Defense's premier military installation on the West Coast – only adds to Tacoma's desirability. To see a few of the great things Tacoma has to offer, view this YouTube Video! (https://www.youtube.com/watch?v=raq0BPuNa3M)
City of Tacoma Commitment to Diversity and Inclusion
Tacoma's diversity is its greatest asset. Tacoma embraces its multi-cultural and multi-ethnic character. Communities of color and immigrant communities are fundamental to Tacoma's entrepreneurial spirit, workforce, and long-term success. In Tacoma, equity and empowerment are top priorities, meaning that all Tacoma residents must have equitable opportunities to reach their full potential and share in the benefits of community progress. One of our goals is for the City of Tacoma workforce to reflect the community it serves. We actively work to eliminate racial and other disparities and welcome candidates with diverse backgrounds and/or multicultural skill sets and experiences. Our goal is for Tacoma to be an inclusive and equitable place to live, work, and play.
The City of Tacoma is an Equal Opportunity Employer and values diversity in its workplace. Applicants are considered for positions without regard to race, color, religion, sex, national origin, ancestry, age, marital or veteran status, disability, sexual orientation, gender identity, or any other basis prohibited by federal, state, and local laws.
The City of Tacoma provides excellent medical, dental and vision plans for the whole family; paid holidays and paid leave; participation in the Tacoma Public Employees' Retirement System (alternate plan for Police/Fire); continuing education and advancement opportunities and a growing variety of City-sponsored health and wellness opportunities and incentives.
Medical Coverage: For eligible employees and their families, including domestic partners and dependent children age 26 or younger.
Dental Coverage: For eligible employees and their families, including domestic partners and dependent children age 26 or younger.
Vision Coverage: For eligible employees and their eligible dependents.
Paid Leave: City employees are entitled to received paid holidays, sick/vacation leave or personal time off (PTO), depending upon union affiliation and appointment type.
Insurance Plans: Employees are covered by a long-term disability plan. Short-term and expanded long-term disability insurance plans are also available to employees. The State Industrial Insurance Act also covers employees.
Deferred Compensation: Income can be set aside on a pretax basis and invested for supplementation of normal retirement income.
Retirement: All employees of the City, except members of the Police and Fire services, Tacoma Rail and certain project employees, are included in the Tacoma Employees' Retirement System. Information on the Tacoma Employees' Retirement System can be found at www.cityoftacoma.org or by calling (253) 502-8200.
Other Employment Information
Direct Deposit: Employees are paid on a bi-weekly schedule by direct deposit.
Salary Increases: Based on satisfactory job performance, the City provides for a regular progression of salary increases for most classifications according to the salary schedule.
Union Affiliation: Many job classifications are covered by union security provisions which require union membership, dues, or payment of equivalent service fees.
Note: The provisions of this job announcement do not constitute an expressed or implied contract. Any provision contained herein may be modified and/or revoked without notice.
01
Responses to supplemental questions must be original content created by the applicant using their own words. The use of online tools or resources to create responses, such as Artificial Intelligence (ChatGPT, etc.), Google, Bing, etc., or plagiarism in any form, is considered cheating and falsification of the application. I understand that any form of cheating or falsification will disqualify my application for further consideration.
Yes
No
02
Do you have a Bachelor's degree in Engineering, Computer Science, Economics, Finance, Statistics, Mathematics or a similar field?
Yes
No
03
Do you have at least four years' of experience in statistical analysis, data modeling or data analytics or equivalency (1 year of experience = to 1 year of education)?
Yes
No
04
Do you have 6 years increasingly responsible experience with an electric utility in system design and operations, planning or engineering economics including one year in a lead or supervisory capacity?
Yes
No
05
Do you have 2 or more years of experience working with CAISO and/or the Western EIM?
Yes
No
06
Describe an analysis you conducted that led to a change/improvement in your organizations approach.
07
Describe your experience in the wholesale energy market.
08
Describe your experience with CAISO and the software systems utilized.
09
Describe your experience with EIM and EIM Settlements and software systems utilized.
10
One of the City's Principles that guides us is Equity. Describe what equity means to you and describe any experience you have working with diverse groups of people.
11
How did you learn about this opportunity?
12
Please tell us how you learned about this job opening.
Job Interest Card notification
Professional organization
Military organization
City of Tacoma employee
Online job board posting
Word of mouth
Tacoma Training & Education Program (TTEP)
Indeed
Careers in Government
Government Jobs
Outreach Event
National Diversity Network
African American Job Network
Disability Job Network
Asian Job Network
Latino Job Network
Retirement Job Network
LGBT Job Network
Veteran Job Network
Other
Required Question
Agency
City of Tacoma
Address
Human Resources Department 747 Market Street Tacoma, Washington, 98402-3764
Phone
253-591-5400
Website
http://www.cityoftacoma.org
Apply
Please verify your email address Verify Email