IEOR - Designing a More Efficient World

Real-Time Trader at The Energy Authority

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Employer: The Energy Authority

Expires: 04/01/2020

SUMMARYProvides asset optimization services including; portfolio management, system monitoring, resource scheduling, and the execution of real-time energy transactions on behalf of The Energy Authority and its Members and Partners.ESSENTIAL DUTIES and RESPONSIBILITIES include the following.Simultaneously manages portfolios in real-time for multiple clientsForecasts hourly loadsAnalyzes energy and transmission alternatives to optimize profits and ensure deliveryInteracts with the market participants to develop, negotiate, and execute opportunistic business transactions that create value for the companyEvaluates the current value of thermal and storage resources relative to the marketEvaluate market conditions and develop trading strategies to optimize the use of available resourcesCoordinate client and intra-TEA communications on power supply needs and transactionsMonitorsSCADA alarm systemPowerBizReal-time system meteringiCRSCoordinatesScheduling of energy and reserve transactionsTagging of energy transactionsManage transmission reservations and negotiate transmission sales / purchasesPro-actively pursues transmission opportunities on behalf of Members, Partners and TEACoordinate between clients, counterparties, control areas and transmission providers to ensure the reliable receipt and delivery of powerMaintainsClient’s resource and obligation mixCurrent tagging methodologies and requirementsCurrent scheduling methodologies and requirementsCurrent applications, web sites, spreadsheets and other tools needed to effectively manage the portfolios under their controlData Entry TasksAccurately records purchase and sale transactions on appropriate blotters or trade tickets and ensures that all necessary transaction details are entered into TEA’s deal capture systemObtains market discoveries and market clearing pricesConfirms hourly transactions, including total MWh’s, transaction price, Point of Receipt or Point of Delivery with counter-parties in order to ensure accuracyMISCELLANEOUSWork on a rotating 12-hour shift to provide trading coverage on a 7/24/365 day basis and be prepared to provide trading support during natural disasters, at back up facility, and/or team-related emergencies.This position may be called on to fill in for other trading floor positions (Support Specialist, Day-Ahead Power Management Specialist, etc.) when needed.Provide training and support to new traders and support specialists about TEA business practices, processes, and procedures.Ensure that all relevant aspects including energy price, transmission, counter party contractual and credit limits terms, are in compliance with TEA’s and member risk policies (if applicable).EDUCATION and/or EXPERIENCEBachelors’ degree from a four year accredited college or university required, advanced degree a plus. Previous experience in the energy industry and with trade capture systems is a plus.CORE COMPETENCIESCritical thinkingCommunicationAccuracyCommitment to continuous learningProgrammingTechnical designProject-related workIssue managementVALUES REQUIREDCustomer FocusIntegrityTeamworkOwnershipExcellence