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Real Time Power Trading Senior I
#26-73726
San Diego, California, United States
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Job Description
Primary Purpose Under general supervision, conducts and schedules asset-backed and proprietary energy transactions in real time to optimize the profitability of the merchant generation portfolio and contribute to power desk revenue. Analyzes and executes opportunities in multiple ISO markets including virtual bids, point-to-points, up-to-congestion and/or other transactions types.
Duties and Responsibilities
- Executes real-time transactions (via ISOs, bulletin boards, electronic exchanges, telephone, brokers, etc.) for physical and financial hourly and daily energy products.
- Works as part of a team to manage and optimize generation portfolio based on unit commitment plans, risk management principles, and factors not included in the modeling (e.g., changes in price, market depth, plant availability, weather, etc.) on a real time basis.
- Supports the day ahead electricity trading/scheduling function as needed.
- Monitors real-time schedule adjustments and coordinates with market participants to account for deviations.
Coordinates with the day ahead staff as needed to resolve RT schedule issues, adjustments, etc. - Monitor NERC e-Tags for accuracy and adjustments.
- Provides power schedule updates and operational guidance power plant staff and analyzes market conditions preparing ad hoc reports as needed.
- Responsible for operating the real time desk in a manner that ensures compliance with all appropriate NERC reliability standards and Sempra Infrastructure procedures.
- Participates in Sempra Infrastructure's compliance program.
- Performs other duties as assigned (no more than 5% of duties).
Qualifications
Qualifications
Education
- Typically requires a 4 year degree in a relevant field, or equivalent combination of relevant education and experience.
Experience
- Typically requires 5 years of related experience.
Knowledge, Skills and Abilities
- Data Analysis - Measuring and managing organization data, identifying methodological best practices and conducting statistical analyses.
- Deal Structuring - Prioritizing the objectives of a merger or acquisition and ensuring that the top-priority objectives of all parties involved are satisfied, along with considering the weight of risk each party must bear.
- Energy Market Analysis - Examination and evaluation of national and international regulated markets that deal specifically with the trade and supply of energy.
- Energy Trading Strategy - The strategic approach taken to trading in energy market in order to take advantage of fluctuations in price and volume when buying and selling energy commodities.
- Energy Transaction Management - Managing the purchase or sale of a specified quantity of energy at a known transaction point or through an organized market.
- Pricing Structures - Defines the pricing setup for products or services, including the core price points plus discounts, offers, and strategy.
- Regulatory Compliance - Ensuring an organization's adherence to laws, regulations, guidelines and specifications relevant to its business processes.
- Risk Management - Identifies, evaluates and manages risks by developing and implementing risk management strategies, frameworks, policies, procedures and practices.
- Scenario Planning - Scenario planning focuses on an outlook for the future. It is a method with which organizations can form an idea of possible future scenarios and how these may affect their strategic objectives.
- Trading Position Management - Management of exposure to risk when trading by aligning positions within intended trading strategies and risk parameters.
Work Schedule
HYBRID: Work a combination of onsite and remote days each week, typically 4 days per week onsite.
Total Rewards Philosophy
Note: The Company strives to ensure that employees are paid equitably and competitively. Starting salaries may vary based on factors such as relevant experience, qualifications, and education.
Sempra Infrastructure offers a competitive total rewards package that goes beyond base salary. This position is eligible for an annual performance-based incentive (bonus) as well as merit-based recognition. Company benefits include health and welfare (medical, dental, vision), employer contributions to retirement benefits, life insurance, paid time off, as well as other company offerings such as tuition reimbursement, paid parental leave, and employee assistance programs.
Job Details
Pay Range Pay Range
The estimated pay range for this job. Disclosing pay information promotes competitive and equitable pay.
The actual pay rate will depend on the person's qualifications and experience.
$129,500.00 - $204,500.00 / year
Pay Transparency
In order to support the Fair Compensation Strategy by the US Govt., HR Dept., clients are required to adhere to "Pay Transparency Law"; in the impacted states; that have mandated the employers to list the salary ranges in Job advertisements or postings for job opportunities and Job promotions.
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