Energy Transaction Trader (Assoc / Mid-Level / Sr) Portland, OR #111676

　　Date: Jan 19, 2024

　　Location: PORTLAND, OR, US, 97232

　　Company: PacifiCorp

　　PacifiCorp is seeking customer-centric candidates to grow and sustain our commitment to a culture of customer service excellence, environmental sustainability and diversity, equity and inclusion.

　　General Purpose

　　Analyze market conditions, develop and communicate strategies to lower Net Power Costs including; negotiate sales and purchases of wholesale power, transmission and financial instruments, consistent with the strategic direction of the Company. Manages bids and monitors performance for resources participating in the Energy Imbalance Market, or any other formal independent system operator or regional transmission organization.

　　Responsibilities:

　　Responsibilities of the Associate Energy Transaction Trader include the following:

　　Sell or purchase energy, to balance current system load and resource requirements and to reduce Net Power Costs.

　　Collaborate with Energy Supply Management personnel to develop strategies to optimize available generation assets such as thermal, hydro and wind to reduce Net Power Costs.

　　Manage bid submissions for resources participating in Energy Imbalance Market, or any other formal independent system operator or regional transmission organization.

　　Monitor the dispatch of the Company’s generating assets on an hourly basis, including use of limited resources and renewable resources to reduce Net Power Costs.

　　Manage data interface with Energy Imbalance Market, or any other formal independent system operator or regional transmission organization.

　　In addition to the above, the responsibilities of the Mid-Level Energy Transaction Trader include the following:

　　Provide post-operational analysis to improve performance.

　　Interpret and validate moderately complex model outputs.

　　Provide direction to associate-level traders.

　　In addition to the above, the responsibilities of the Senior Energy Transaction Trader include the following:

　　Function as a subject matter expert and evaluate the performance of essential tools, troubleshoot performance issues and collaborate on improvements.

　　Provide direction to associate and career level traders and author and maintain business unit operating procedures.

　　Develop short term trading strategies to increase corporate margin through optimization of the Company's portfolio of generating assets.

　　Requirements:

　　Requirements of the Associate Energy Transaction Trader:

　　Bachelor’s Degree in Finance, Economics, Mathematics or a related field; or the equivalent combination of education and related experience.

　　Ability to analyze market conditions and to identify opportunities and strategies to reduce Net Power Costs and effectively communicate to Energy Supply Management personnel.

　　Ability to problem solve and obtain results within time constraints

　　Ability to provide clear documentation for the purpose of root cause analysis

　　Ability to identify, negotiate, and close on sales and purchase opportunities.

　　Communication and interpersonal skills to develop collaborative relationships with internal and external personnel

　　Proficient with the use of personal computers and tools used to perform essential duties

　　Understanding of financial modeling, risk assessment, commodity management, electricity and natural gas trading practices.

　　Position work hours are non-standard

　　In addition to the above, the requirements of the Mid-Level Energy Transaction Trader include the following:

　　A minimum of two to three years’ experience in trading, or one years’ experience in electric utility operations and the applicable NERC certification.

　　The mastery of concepts affecting job performance for the purpose of coaching Associate Transaction Traders

　　In addition to the above, the requirements for the Senior Energy Transaction Trader include the following:

　　A minimum of five years’ experience in energy trading.

　　Analysis skills in order to understand market conditions and to identify sales/purchase opportunities.

　　Ability to maintain, configure and develop the tools and displays utilized in performing the function of the PacifiCorp trading and scheduling desks.

　　Preferences:

　　Prior experience in energy trading, scheduling or utility resource management.

　　Analysis skills in order to understand market conditions and to identify sales/purchase opportunities

　　Advanced degree or certification.

　　Data Base proficiency.

　　Visual Basic Proficiency.

　　Advanced knowledge of non-standard over-the-counter options/financial products.

　　Experience in organized ISO/RTO/EIM markets.

　　Experience pricing Congestion Revenue Rights

　　Advanced degree or certification.

　　Additional Information

　　Req Id: 111676

　　Company Code: PacifiCorp

　　Primary Location: PORTLAND

　　Department: Pacific Power

　　Schedule: FT

　　Personnel Subarea: Exempt

　　Hiring Range: $76,200 - $118,400

　　This position is eligible for an annual discretionary performance incentive bonus of up to 20.00% of salary.

　　Benefits: Health care, retirement, paid time off, tuition assistance, paid short-term and long-term disability, paid bereavement leave. For more information, please visit: https://careers.pacificorp.com/content/New-Benefits-Page/?locale=en_US

　　Employees must be able to perform the essential functions of the position with or without an accommodation.

　　At PacifiCorp, we celebrate diversity, equity and inclusion. PacifiCorp is proud to be an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion or religious creed, age, national origin, ancestry, citizenship status (except as required by law), gender (including gender identity and expression), sex (including pregnancy), sexual orientation, genetic information, physical or mental disability, medical condition, veteran or military status, familial or parental status, marital status or any other category protected by applicable local, state or U.S. federal law.

　　Unless otherwise required by law, all offers of employment are contingent upon the successful completion of a background check and drug screening including for marijuana. While marijuana is legal in several states, including Oregon, a positive test for positions in Oregon may disqualify a candidate. The company complies with the laws of Washington and California and only obtains and considers positive tests for marijuana in safety-sensitive positions or those covered by U.S. Department of Transportation regulations.