Energy Market Trader (Associate or Mid-level) Portland, Oregon #110380

Full Time
Portland, OR 97232
Posted
Job description

    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

    Negotiate sales and purchases of wholesale power, financial instruments, and emission credits consistent with the strategic direction of the Company. Identifies sales/purchase opportunities and aggressively negotiate energy sales and purchases with other utilities/organizations and/or financial institutions. Develop professional relationships with wholesale power marketers, traders, brokers, and the financial community to enhance the CompanyÂ’s ability to profitably grow the wholesale power business.

    Responsibilities of this position include the following:

    • Purchase and sell wholesale electric power, and transmission as directed.
    • Identify and initiate sales and purchase opportunities within limits.
    • Monitor system operation of energy transfers and wheeling.
    • Work within PacifiCorp's system, WECC system, CAISO scheduling and congestion management procedures, standard transmission tariff rules and regulations.
    • Work within the Company policies, practices, procedures, applicable federal, state, and local laws and regulations.
    • Develop relationships with other utilities, marketers and transmission providers to enhance PacifiCorp's ability to reliably and profitably serve our customer base.
    • Work with other groups within Commercial and Trading.


    In addition to the above, the responsibilities of the Mid-level Energy Market Trader position include the following:

    • Analyze market fundamentals to identify market opportunities.
    • Monitor system operation of energy transfers and wheeling to ensure cost effective optimization.
    • Communicate requirements, negotiate trades, and establish effective working relationships with traders, schedulers and transmission providers.
    • Develop and implement plans to optimize PacifiCorp’s resources to reliably and profitably serve our customer base.
    • Work closely with Natural gas traders to optimize PacifiCorp’s resources to reliably and profitably serve our customer base.

    Requirements for this position include the following:

    • Bachelor’s degree in Finance, Economics, Marketing or a related field; or the equivalent combination of education and experience.
    • Understanding of market conditions.
    • Knowledge of company policies, procedures, and practices, and applicable federal, state, and local laws and regulations.
    • Proficient with the use of personal computers and automated tools to support trading activity.
    • Communication and interpersonal skills to develop industry contacts and establish relationships.
    • Knowledge of trading practices.
    • Position work hours are non-standard.


    In addition to the above, the requirements of the Mid-level Energy Market Trader include the following:

    • A minimum of three years experience in trading commodities.
    • Understanding of financial modeling, risk assessment, commodity management, electricity and natural gas trading.
    • Influence others’ positions and negotiate outcomes.
    • Negotiation skills in order to, close on sales and purchase opportunities.

    Preferences

    • Three years of experience in trading commodities.
    • Experience in electric or gas utility system operations, power marketing or power scheduling.
    • Knowledge of power plants, market hubs, and interchange points between companies.
    • Selling skills in order to identify, negotiate, and close on sales and purchase opportunities.
    • Experience working in the west power trading hubs.
    • Knowledge of California ISO procedures and practices.

    Additional Information

    Req Id: 110380
    Company Code: PacifiCorp
    Primary Location: PORTLAND
    Department: Pacific Power
    Schedule: FT
    Personnel Subarea: Exempt
    Hiring Range: $85,500 - $115,500
    This position is eligible for an annual discretionary performance incentive bonus of up to 30-35% 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.


    All offers of employment are contingent upon the successful completion of a background check and drug screening.

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