Forward Marketer or Senior Forward Marketer
Location: Rapid City, SD, United States
Job ID: 35043
Date Posted: Jan 12, 2024
Salary: $ 82550 to $ 123800 Annually
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Job Description
Job Specifications
This important role will evaluate load forecasts, generator availability/cost and wholesale market conditions to ensure reliability while minimizing cost. Conduct purchase and sale transactions to maximize wholesale. Support the day-ahead scheduling functions within the Generation Dispatch and Power Marketing department. Ensure that practices are in full compliance with applicable standards, regulatory requirements and the company’s risk policies.
SALARY RANGE:Determined by the knowledge, skills and abilities of the applicant.
Forward Marketer:$82,550 - $123,800
Senior Forward Marketer:$100,650 - $166,050
REPORTING RELATIONSHIP:Manager of Forward Operations
LOCATION:Our corporate headquarters in Rapid City, South Dakota.
ESSENTIAL JOB FUNCTIONS:
Interact with market participants to develop, negotiate and execute business transactions that create value for the company in both the Western and Eastern Interconnections.
Ensure that the company’s power supply costs are minimized and that assets are optimized to maximize marketing margins within established risk and reliability standards.
Coordinate and communicate all fuel needs to gas scheduling and real-time generation dispatch and plant operations.
Professionally represent company with a diverse group of customers and market participants and build business relationships that optimize company’s presence in the energy markets.
Prepare electronic requests (E-tags) for interchange for forward energy purchases. Accurate communication with counter-parties is required for timely communication of up-stream and down-stream information, including source, sink, transmission segments and ownership rights.
Purchase and/or reassign required transmission rights for each transmission segment of each transaction.
Conduct business in accordance with NERC, FERC and WECC standards and business practices, corporate risk management and compliance policies.
ADDITIONAL RESPONSIBILITIES:
Ensure compliance with all energy contracts and company risk management policies from a pre-schedule perspective.
Develop, maintain and adhere to front office Department Administrative Guidelines.
Participate in industry work groups and committees.
QUALIFICATIONS:
Forward Marketer:
Minimum of (3) three or more years of experience in generation dispatch, energy trading, interchange scheduling, resource planning or business analysis required.
Bachelor's degree in Engineering, Finance, Mathematics, Business or related field, or equivalent combination of education and experience.
Senior Forward Marketer:
Minimum of (5) five or more years of experience in generation dispatch, energy trading, interchange scheduling, resource planning or business analysis required.
Bachelor's degree in Engineering, Finance, Mathematics, Business or related field, or equivalent combination of education and experience.
KNOWLEDGE/SKILLS/ABILITIES:
Understanding of FERC, NERC, WECC and Eastern Interconnection market rules.
Strong working knowledge of electric system operations, generation dispatch, scheduling, tagging between interconnections and understanding of transmission constraints.
Demonstrated ability to analyze market data and develop sound strategies.
Accomplished user of spreadsheet applications to perform power supply cost modeling.
Strong interpersonal skills.
Excellent verbal and written communication skills.
Ability to work in a changing environment and handle multiple tasks and projects.
Proven ability to understand and exercise excellent judgment in a complex, high stress marketing environment.
Strong planning, organizational and analytical skills.
Demonstrated ability to interact positively with others in a team environment.
This description is not intended to be an all-inclusive list of responsibilities, duties, and requirements for employees in this position. Job descriptions may and do change periodically. Where positions are covered by a collective bargaining unit agreement, the terms and conditions of the agreement will apply.
About our Company:We are a customer, growth and safety focused utility company that is dedicated to our communities. We improve life with energy as an energy partner of choice. Our diverse culture fuels unique perspectives, opening doors to new insights and possibilities. Based in Rapid City, South Dakota, we have over 3000 employees and serve 1.3 million natural gas and electric utility customers across eight states (South Dakota, Montana, Wyoming, Colorado, Nebraska, Iowa, Kansas, and Arkansas).
Enjoy our Comprehensive Benefits Package! Annual discretionary bonuses, 401(k) (6% company match and up to 9% company retirement contribution), tuition reimbursement, generous paid time off benefits, including paid holidays and parental leave, company paid life insurance and disability benefits (short and long term), an employee assistance program and well-being benefits, and competitive medical, dental and vision insurance.
Candidates must successfully pass a pre-employment drug screen and background check.
Black Hills Energy does not sponsor applicants for work visas. All applicants must be legally authorized to work in the US.
We are an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, age, or status as a protected veteran. If you require reasonable accommodation, please visit careers.blackhillsenergy.com for more information.
Wage: 82550 to 123800
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