Real time trader job description

The Real Time Trader is responsible for optimizing Avista's resources to serve all obligations in the most economical and reliable manner while integrating current system and market conditions. This position purchases and sells energy on an hourly/daily basis to meet fluctuations in supply and demand; ensures that pricing and terms are favorable and consistent with company risk management guidelines. Optimize Avista's system in EIM, Real Time and future time horizons.
Requirements

4 years' experience in energy trading, derivatives, marketing or bulk electric and gas system management. Bachelor's degree in mathematics, finance, business, economics or other related field or equivalent experience. This person must be able to perform while working rotating shifts. Excellent math, Excel, communication, sales and negotiating skills are required. Other combinations of education/experience may be considered.

To Apply

Complete an online application and attach your resume and cover letter to your profile. All documents must be attached to your application at the time of submitting your application for review. No documents can be attached after you click "Submit".

Pre-employment screening requirements

Employment is contingent upon the successful completion of a drug test, background check and motor vehicle records review.

Avista's Commitment to Equal Opportunity and Affirmative Action

Avista is committed to the goal of Equal Opportunity Employment and Affirmative Action. All qualified applicants will be considered regardless of race, color, religion, national origin, sex, gender identity, sexual orientation, marital status, age, sensory, mental or physical disability (unless based upon a bona fide occupational qualification), Veteran status or any other classification protected by nondiscrimination law.

Please view Equal Employment Opportunity Posters provided by OFCCP here. Avista will make reasonable accommodation to assist a qualified person with a disability in the job application, interview process, and to perform the essential functions of the job whenever possible, where undue hardship would not be created for Avista. Please let us know if you would like assistance.

Job title: Real Time Trader, West
Reports to: Manager, Real Time Trading



EDF Trading North America, LLC


EDF Trading North America, LLC is a major participant in wholesale energy markets, and our retail business delivers customized energy solutions for large commercial and industrial consumers, power generation and retail energy providers.

We operate in every market and provide coast to coast coverage of financial and physical products in power, natural gas and NGLs, environmental products and financial crude oil products. We provide our customers with products and services that deliver access to markets, optimize their energy portfolio, hedge risk and manage assets. Our Wholesale Business operates throughout the value chain in the North American wholesale power markets and we are one of the leading wholesale natural gas marketers. Additionally, we provide environmental, congestion management and value added derivative products. With extensive pipeline agreements, we can manage natural gas offtakes, deliveries, capacities and supply anywhere across the continent. For Our Retail Business we provide wholesale fuel supply and structured products for its extensive base of electricity and natural gas customers including gas-fired power plants, large scale commercial and industrial retail consumers and retail energy aggregators.

Our Retail Business is our customer-facing operation providing integrated energy management services to commercial and industrial, power generation, and retail supply customers. Taking into account a customer's entire energy portfolio, solutions are structured to provide competitive market pricing and to optimize energy usage and generation assets. We offer a complete suite of services to energy-intensive retail customers, from energy supply and hedging to on-site generation management and demand response. And we provide wholesale market access and ISO interface services to a broad network of retail energy providers with footprints across the deregulated markets. For power generation customers, we provide energy management services that encompass fuel supply, scheduling, dispatch, market analysis and risk management all within a single contract. Focused on service, we created a digital integrated platform and customer interface that allows transparent views into energy portfolios and invoices, market prices, analytics and weather.

EDF Trading North America, LLC is part of the EDF Group, a global leader in low-carbon energies.


Responsibilities

• Manage/mitigate risk for the asset owners
• Capture market opportunities based on real-time positions and analysis of market conditions
• Conduct real-time trading and scheduling for purchases and sales of energy and ancillary services
• Build relationships with market participants
• Communication of real-time market information to energy managers as well as cash and term traders
• Maintain regulatory requirements with FERC, resulting in some weekend alternative shift schedules
• Proficiently collects, queries, organizes and manipulates large amounts of data in Excel and accurately presents analytical results
• Prioritize deliverables and manage multiple tasks to meet deadlines

Requirements & Qualifications

• Bachelor degree required - Finance or Engineering preferred
• At least two (2) years of experience in the energy sector required, Real Time trading/operations experience preferred
• Experience with a variety of power markets preferred, including PJM, MISO, NYISO, NEPOOL, IMO, ERCOT, CAISO and WECC.
• Familiarity with emergency response procedures, including alternative work sites
• Proficiency in Excel, PowerPoint and Word
• Strong verbal and written communication skills required in order to provide updates to others including desk relief, energy managers, and clients
• Basic analytical skills required for pricing, risk assessment and transaction structuring
• Flexibility to work 12 hour rotating shifts in a 24/7/365 operation

Equal Opportunity Employer/Protected Veterans/Individuals with Disabilities

The contractor will not discharge or in any other manner discriminate against employees or applicants because they have inquired about, discussed, or disclosed their own pay or the pay of another employee or applicant. However, employees who have access to the compensation information of other employees or applicants as a part of their essential job functions cannot disclose the pay of other employees or applicants to individuals who do not otherwise have access to compensation information, unless the disclosure is (a) in response to a formal complaint or charge, (b) in furtherance of an investigation, proceeding, hearing, or action, including an investigation conducted by the employer, or (c) consistent with the contractor's legal duty to furnish information. 41 CFR 60-1.35(c)

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Date: Oct 12, 2022

Location: PHOENIX, AZ, US, 85004-3903

Company: APS

Our present and future success depends on the creative and dedicated people of our company who demonstrate the principles outlined in the APS Promise: Design for Tomorrow, Empower Each Other and Succeed Together.

Summary

Real Time Trader Associate - Assist the more senior Real-Time Trader to ensure that APS customers are provided with the most economical sources of energy by analyzing short-term market conditions and company generating resources.

The Associate will be limited to making energy purchases and sales under the direction of the Real-Time Trader and Real-Time Trader Senior levels. Assist in the implementation of approved marketing strategies in real-time to maximize APS' bottom line profit.

Understand and execute all trading activities in compliance with Regulatory and Reliability standards and protocols. Purchase and sell intraday natural gas for the system, when needed, to ensure significant imbalances do not occur. Manage gas storage and assists Traders in arbitrage opportunities.

Minimum Requirements

+ BS/BA degree in business, economics, engineering, or related field and related work experience or related experience obtained through an internship, or an equivalent combination of education and experience.

+ Qualified on all 3 trading floor desks (Gas, EIM, Power) within 1 year of hire, as well as M&T University or previously qualified with equivalent experience.

+ Demonstrated effective verbal and written communication skills.

+ Ability to perform under stress in a dynamic environment.

+ Ability to make analytical decisions utilizing mathematical skills.

+ Ability to utilize a computer and associated data bases, software, hardware.

+ Ability to work rotating shifts.

Major Accountabilities

1) Project system load requirements and commit the most economical APS resources to meet customer demand as directed.

2) Analyze market conditions and as directed, purchase/sell energy to meet system needs, create customer savings, and produce margin.

3) Negotiate sales of energy as directed to other utilities and marketers in a real time competitive market environment as directed.

4) Continually review/comply with all Regulatory (ACC/FERC) and Reliability requirements (NERC/WECC/SRSG).

5) Continually monitor and analyze on-line generation to ensure sufficient system operation reserves are maintained.

6) Ensure that interconnected system and associated operating agreements, criteria and guidelines are met.

7) Provide complete and accurate documentation of all transactions, commitments, counterparty and Balancing Authority communications and events relating to the generation and marketing of APS Energy Resources.

8) Implement an optimum gas supply strategy program which maximizes supply at the most cost effective level.

9) Negotiate cash market gas purchases and sales.

Export Compliance / EEO Statement

This position may require access to and/or use of information subject to control under the Department of Energy's Part 810 Regulations (10 CFR Part 810), the Export Administration Regulations (EAR) (15 CFR Parts 730 through 774), or the International Traffic in Arms Regulations (ITAR) (22 CFR Chapter I, Subchapter M Part 120) (collectively, 'U.S. Export Control Laws'). Therefore, some positions may require applicants to be a U.S. person, which is defined as a U.S. Citizen, a U.S. Lawful Permanent Resident (i.e. 'Green Card Holder'), a Political Asylee, or a Refugee under the U.S. Export Control Laws. All applicants will be required to confirm their U.S. person or non-US person status. All information collected in this regard will only be used to ensure compliance with U.S. Export Control Laws, and will be used in full compliance with all applicable laws prohibiting discrimination on the basis of national origin and other factors. For positions at Palo Verde Nuclear Generating Stations (PVNGS) all openings will require applicants to be a U.S. person.

Pinnacle West Capital Corporation and its subsidiaries and affiliates ('Pinnacle West') maintain a continuing policy of nondiscrimination in employment. It is our policy to provide equal opportunity in all phases of the employment process and in compliance with applicable federal, state, and local laws and regulations. This policy of nondiscrimination shall include, but not be limited to, recruiting, hiring, promoting, compensating, reassigning, demoting, transferring, laying off, recalling, terminating employment, and training for all positions without regard to race, color, religion, disability, age, national origin, gender, gender identity, sexual orientation, marital status, protected veteran status, or any other classification or characteristic protected by law.

For more information on applicable equal employment regulations, please refer to EEO is the Law poster. Federal law requires all employers to verify the identity and employment eligibility of every person hired to work in the United States, refer to E-Verify poster. View the employee rights and responsibilities under the Family and Medical Leave Act (FMLA).

Arizona Public Service is a smoke free workplace.

Location-Based Role:

This position requires employees to work at the (Location), with some flexibility. Flexibility will be determined with the hired employee and leadership.