SALARY RANGE
The starting salary range for this position is $219,760 - $274,700 (based on qualifications). With tenure and strong performance in this role an employee may earn up to a maximum of $329,460, annualized.
Introductory Period: New employees holding regular positions must complete an introductory period of twelve months.
BENEFITS EPOA
In addition to competitive wages Chelan PUD employees also enjoy outstanding benefits which include zero cost employer funded medical, dental, and vision healthcare benefits, access to the employee assistance program, a VEBA health reimbursement account, and long-term care.
Washington state retirement PERS participation and optional 457 plan participation with an employer matching 401(a) plan.
Leave, life & disability benefits including paid leave starting at 27 days per calendar year up to 35 with tenure, 11 paid holidays per calendar year, paid jury duty, short-term disability & long-term disability, and basic life, AD&D, and optional voluntary life.
The work life benefits include optional flexible spending accounts for healthcare and dependent care, educational assistance, various rewards and recognition programs and position specific stipends.
For more explanation of the district benefits please visit our benefits website www.mychelanpudbenefits.org.
JOB POSTING
Chief Energy Resources Officer
Join our team at Chelan County Public Utility District. As one of the largest hydroelectric generating utilities in the Northwest, our mission at Chelan PUD is to improve the quality of life for the thousands of people who call our pristine desert and mountain community home.
Overview
The Chief Energy Resources Officer is responsible for energy trading and marketing strategy development, overall direction and management of energy trading and marketing commercial activities, including portfolio integrity, risk and capital allocation, product development and structuring, and business development activities. This position also oversees customer energy service programs. This position works closely with the General Manager in developing and implementing district strategy, forecasting financial performance of the front office and structuring strategic partnerships or energy asset acquisitions. This position is also required to report on business strategy performance to the Board of Commissioners. Provides direction to management staff; prioritizes resources consistent with the objectives of the Energy Resources Group; and functions as a member of the Senior Management team.
Responsibilities
- Provides overall direction for Energy Trading, Origination, and Transmission Analysis functions.
- Develops and implements the long-and-short range strategic and tactical plans for Customer Energy Services, which is responsible for conservation, energy efficiency, customer solar programs, interruptible loads and other similar programs and technologies.
- Monitors, anticipates, and seeks to influence emerging issues affecting the energy market. Rapidly identifies when strategies are not working and takes corrective action to implementing strategies and modify strategies where needed.
- Ensures the management of multiple commodities in an integrated fashion to optimize return on capital at risk.
- Anticipates and develops new products and services for customers and power purchasers. Identifies market opportunities for new products and services and works with risk management, legal and finance to develop and properly price the offerings.
- Supports, through the power marketing program, the protection of the safe operation of District assets and natural resource and recreation programs. Ensures programs comply with Federal regulations. Manages stakeholder relations.
- Develops the processes for identifying energy assets that can enhance the District’s strategic position in the market.
- Ensures continued process improvement within the group to maximize profits, resources and minimize risk, time and costs.
- Serves on the Risk Management Committee contributing expertise toward the overall management of District risk. Works with other departments in the District to improve information flow and decision making.
- Maintain regular and predictable attendance: Perform related duties and responsibilities as required. Comply with District policies. Complete all required training. Maintain a working knowledge and comply with District safety procedures and specific safety requirements of this position, and those in accordance with applicable provisions of the Revised Code of Washington (RCW) and Washington Administrative Code (WAC).
- Travel frequently via commercial carriers.
- As an essential function, drive a motorized vehicle while conducting business on behalf of the District.
People Management
- This position manages/supervises people. Direct Resources Managed: 2-9. Indirect Resources Managed: 11-49.
Reports To
General Manager
Overtime exemption
Exempt
Qualifications
Education
Equivalent experience (year for year) may substitute for required education.
- Bachelor's Degree (B.S., B.A.) in Engineering, Finance, Economics Environmental Science or other related field from a four-year college or university is required.
- Master’s Degree or CFA preferred.
Experience
- 10+ years of industry experience gained in business and environmental management is required.
- 7+ years to 10 years of proven leadership abilities and progressive energy trading experience with the ability to grow a trading and marketing operation is preferred.
- Demonstrated experience managing a successful trading and marketing operation, investment banking, product development/structuring experience is preferred.
- Diverse utility management experience may substitute for direct trading and marketing experience.
Licenses and Certifications
- Valid Driver's License at hire and WA Driver's License within 30 days of hire
Skills and Abilities
A fully skilled incumbent will have the following knowledge skills & abilities:
- In-depth knowledge of electric power market fundamentals, particularly in the Pacific Northwest, as well as technical indicators (can rapidly identify when strategies need to be adjusted).
- Working knowledge of hydropower operations and characteristics
- Working knowledge of financial principles and practices (risk attribution and structuring).
- Working knowledge of portfolio theory and practice (risk/capital allocation).
- Ability to refocus strategies, when appropriate, to take advantage of market opportunities in a rapidly changing environment.
- Engage in and facilitate open discussions and debate to ensure alignment resulting in actions and support consistent with District priorities.
- Working knowledge of risk oversight and internal control processes within a trading organization.
- Communicate and work effectively with and across all levels in the organization, both orally and in writing.
- Proven leadership and managerial skills of people, resources, and time.
- Sound political acumen and ability to grasp complex multi-faceted issues.
- Excellent attention to detail.
- Proven ability to manage heavy and varied workload, displaying a positive approach to challenges and problem solving.
- Knowledge of Control Area operation and regulatory requirements for an entity with generation, transmission, and load.
- Knowledge of environmental best practices and regulations.
- High level knowledge of the various government structures and their regulatory drivers.
- Ability to step back from a day to day focus to consider the bigger picture that goes beyond the needs and priorities of the business unit and make substantive contributions to long-term business and District Strategic plans.
- To perform this job successfully, an individual should have knowledge of Microsoft Outlook email software; Microsoft Excel Spreadsheet software and Microsoft Word Processing software.
- Must be proficient in reading, writing and speaking English.
Background Screening
- Chelan County Public Utility District #1 conducts background screening of senior management personnel and personnel who have substantial authority over Finance, Energy Trading, Procurement, Internal Audit, Information Technology or Compliance activities.
Drug Screening
Drug screening prior to position entry is required for the following reason(s):
Physical Demands
- Sitting - Frequently
- Use hands to finger, handle, or feel - Occasionally
- Reach with hands and arms - Occasionally
- Wrist/hand/fingers manipulation (keyboarding, manual tool usage, etc.) - Occasionally
- Twist/Flex/Extend – Neck area - Occasionally
- Talk, hear - Frequently
- Close vision: clear vision at <= 20 in - Regularly
- Color vision: identify/distinguish colors - Regularly
Working Conditions
- Noise Intensity Level: - Moderate
District Values
- Safety - Protect public and employee health and safety
- Stewardship - Acting on behalf of customer-owners, protecting public resources entrusted to us
- Trustworthy - Competence, integrity, respect
- Operational Excellence - High-quality innovative work execution
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BACKGROUND SCREENING
Pursuant to the North American Electric Reliability Corporation (NERC) standards, Chelan County Public Utility District #1 conducts background screening of personnel who have access to the District's critical physical and/or cyber assets.
EEO
Chelan PUD is an Equal Employment Opportunity employer (EOE Minorities/Females/Protected Veterans/Disabled). We value diversity at all levels of the organization. All qualified applicants will receive consideration for employment without regard to any protected classifications as defined by law.
EEO Law Posters can be found on the main Careers page in English and Spanish.
Chelan PUD will not be offering any work visa sponsorship for this role.
Pay Transparency Nondiscrimination Provision
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-I.35(c)