Energy Trading Analyst (I, II, III, or Senior)

  • Job ID: 12308
  • Location: Service Building-Wenatchee
  • Full/Part Time: Full-Time
  • Regular/Temporary: Regular

LIVE, WORK AND PLAY!

Chelan County PUD is located in the geographical center of Washington State at the confluence of the Columbia and Wenatchee rivers.   A public power leader, the complex and progressive nature of PUD operations offer a unique mix of challenges and opportunities.

We rely on the mighty Columbia River for much of our hydropower generation and we're proud to take a leadership role in environmental stewardship as related to this great river system. Each year we dedicate millions of dollars and thousands of work hours to protect and enhance fish, wildlife and plant ecosystems. As part of hydropower operations, we've also built 14 parks that serve more than 3 million visitors each year.

Rated by Forbes in 2017 and 2019 as one of the top 25 places to retire, Wenatchee is a recreational paradise with an abundance of adventure. The natural scenic beauty of the Wenatchee Valley provides a vivid backdrop to its thriving economy, where the quality of life is high and the climate is moderate with four distinct seasons, including more than 200 days of sunshine!

We are a small town to some and big city to others. We invest in our children and believe that education is the key to our future success.

We live a life of abundant choices and enjoy water sports on the Wenatchee and Columbia rivers, hiking, biking, rock climbing and unlimited golfing. Downhill and cross-country skiing are just minutes away. The area is also known for producing quality wines.

Consider Chelan PUD as a career choice today! The community is waiting for you.

Chelan PUD is an Affirmative Action/Equal Opportunity Employer and values diversity at all levels of its workforce. M/F/Vet/Disabled

APPLICATION MATERIALS

Applicants are required to submit a combined cover letter and resume in one PDF document. Your cover letter must summarize your experience with finanical forecasting, modeling, and quantitative analysis, if any.  Incomplete materials will not be considered.

This position is OPEN UNTIL FILLED and applicants are encouraged to apply immediately.  

Interested parties are also invited to contact Human Resources at joblist@chelanpud.org to discuss the position.

SALARY RANGE

The hiring range for an Energy Trading Analyst I will be $72,720 - $90,900, with a maximum opportunity of up to $109,080 with tenure and strong performance.

The hiring range for an Energy Trading Analyst II will be $84,640 - $105,800, with a maximum opportunity of up to $126,960 with tenure and strong performance.

The hiring range for an Energy Trading Analyst III will be $103,680 - $129,600, with a maximum opportunity of up to $155,520 with tenure and strong performance.

The  hiring range for an Energy Trading Analyst Senior will be $117,040 - $146,300, with a maximum opportunity of up to $175,560 with tenure and strong performance.

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 21 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

 

This position will be filled at the Energy Trading Analyst I, II ,III or Senior level, contingent upon the experience of the selected candidate.

PLEASE NOTE: THIS IS NOT A REMOTE OR HYBRID POSITION
 

Energy Trading Analyst I Overview
Energy Trading Analyst I - Reporting to the Director of Energy Structuring & Trading this position assists analysis in wholesale marketing and trading activity by applying quantitative and economic analysis to maximize the value of Chelan's portfolio. This includes developing/maintaining power supply/demand models, monitoring and analyzing variables that influence energy, capacity, and carbon prices, and participating in deal pricing, structuring, and overall resource portfolio management.

Energy Trading Analyst II Overview
Energy Trading Analyst II - Reporting to the Director of Energy Structuring & Trading this position supports moderately complex analysis in wholesale marketing and trading activity by applying quantitative and economic analysis to maximize the value of Chelan's portfolio. This includes developing/maintaining power supply/demand models, monitoring and analyzing variables that influence energy, capacity, and carbon prices, and participating in deal pricing, structuring, and overall resource portfolio management.

Energy Trading Analyst III Overview
Energy Trading Analyst III - Reporting to the Director of Energy Structuring & Trading this position supports complex analysis in wholesale marketing and trading activity by applying quantitative and economic analysis to maximize the value of Chelan's portfolio. This includes developing/maintaining power supply/demand models, monitoring and analyzing variables that influence energy, capacity, and carbon prices, and participating in deal pricing, structuring, and overall resource portfolio management.

Energy Trading Analyst Senior Overview
Energy Trading Analyst Sr - Reporting to the Director of Energy Structuring & Trading this position performs complex wholesale marketing and trading activity by applying quantitative and economic analysis to maximize the value of Chelan's portfolio. This includes developing/maintaining power supply/demand models, monitoring and analyzing variables that influence energy, capacity, and carbon prices, and participating in deal pricing, structuring, and overall resource portfolio management.
 

Energy Trading Analyst I Responsibilities

  • Assists in analyzing variables influencing energy prices, availability, and reliability. Assists in monitoring current market conditions. Reviews energy transactions to verify accuracy and confirm terms are favorable to, and consistent with Chelan’s risk management guidelines. Maintains and assists in development of forward energy, carbon, and capacity price curves used in portfolio models and deal valuations.
  • Analyzes resources and market conditions to optimize revenue through the maintenance of existing forecasts, models, and related tools. Monitors and reports on results.
  • Upon request, performs analysis related to changes in energy markets, energy legislation, or regulatory requirements. Monitors compliance with renewable energy targets and/or other energy related regulations.
  • Develops and maintains marketing relationships. Assists senior analysts in providing information to prospective counterparties, soliciting input on process and product desires from prospective counterparties.
  • Under the direction of a senior analyst, identifies future energy and capacity surpluses and needs. Monitors and reports on variables influencing energy pricing, availability, and reliability. Verifies energy transactions meet contractual terms and are consistent with District risk management guidelines and reports any issues.
  • 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).

Energy Trading Analyst II Responsibilities

  • Analyzes moderately complex variables influencing energy prices, availability, and reliability. Assists in monitoring current market conditions and provides basic recommendations to capitalize on market opportunities. Evaluates energy transactions to ensure price, counterparty, and contractual terms are favorable to, and consistent with Chelan’s risk management guidelines. Supports development of forward energy, carbon, and capacity price curves used in portfolio models and deal valuations.
  • Analyzes resources and market conditions to optimize revenue and reduce organizational risk through the maintenance and adaptation of forecasts, models, and related tools. Monitors and reports on results. Contributes to new market and trading analysis and decision making.
  • Analyzes federal, state, and local energy markets, legislative and regulatory changes to assess impacts on revenue, assets and other District interests and identifies alternatives. Supports contract negotiations and strategy setting, as needed. Monitors compliance with renewable energy targets and/or other energy related regulations.
  • Develops and maintains marketing relationships. Assists senior analysts in providing information to prospective counterparties, soliciting input on process and product desires from prospective counterparties.
  • Identifies, monitors and reports on future energy and capacity surpluses and needs. Monitors variables influencing energy pricing, availability, and reliability. Analyzes and evaluates energy transactions to verify energy price, counterparty, and contractual terms are favorable to, and consistent with District risk management guidelines, identifies issues, and develops recommendations.
  • 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).

Energy Trading Analyst III Responsibilities

  • Analyzes complex variables influencing energy prices, availability, and reliability. Monitors current market conditions and develops recommendations to capitalize on market opportunities. Evaluates energy transactions to ensure price, counterparty, and contractual terms are favorable to, and consistent with Chelan’s risk management guidelines. Develops forward energy, carbon, and capacity price curves used in portfolio models and deal valuations.
  • Analyzes resources and market conditions to optimize revenue and reduce organizational risk through the development and maintenance of complex forecasts, models, and related tools. Monitors and reports on results. Contributes to new market and trading analysis and decision making.
  • Analyzes federal, state, and local energy markets, legislative and regulatory changes to assess impacts on revenue, assets and other District interests and identifies alternatives and recommends a path of action designed to optimize revenue and protect the District's interests. Supports contract negotiations and strategy setting, as needed. Monitors compliance with renewable energy targets and/or other energy related regulations.
  • Develops and maintains marketing relationships. Assists senior analysts in providing information to prospective counterparties, soliciting input on process and product desires from prospective counterparties. Represents Chelan’s interests and goals at industry meetings and work groups.
  • Identifies, monitors and reports on future energy and capacity surpluses and needs. Monitors variables influencing energy pricing, availability, and reliability. Analyzes and evaluates energy transactions to verify energy price, counterparty, and contractual terms are favorable to, and consistent with District risk management guidelines, identifies issues, and develops recommendations.
  • 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).

Energy Trading Analyst Senior Responsibilities

  • Performs complex analysis involving variables influencing energy prices, availability, and reliability. Monitors current market conditions and develops complex recommendations to capitalize on market opportunities. Evaluates and recommends complex energy transactions to ensure price, counterparty, and contractual terms are favorable to, and consistent with Chelan’s risk management guidelines. Develops and maintains forward energy, carbon, and capacity price curves used in portfolio models and deal valuations.
  • Analyzes resources and market conditions to optimize revenue and reduce organizational risk through the development and maintenance of complex forecasts, models, and related tools. Monitors and reports on result and advises changes. Leads the work of others. Advises management and contributes to new market and trading decisions.
  • Analyzes federal, state and local energy markets, legislative and regulatory changes to assess impacts, identifies alternatives, and recommends a path of action designed to optimize revenue and protect the District's interests. Acts as an advisor during contract negotiations and when establishing District strategy. Monitors compliance with renewable energy targets and/or other energy related regulations.
  • Develops and maintains marketing relationships. Occasionally conducts sales calls and visits. Provides information to prospective counterparties, soliciting input on process and product desires from prospective counterparties. Represents Chelan’s interests and goals at industry meetings and work groups.
  • Identifies, monitors, reports, and advises on strategy to optimize future energy and capacity surpluses and needs. Monitors variables influencing energy pricing, availability, and reliability. Analyzes and evaluates complex energy transactions to verify energy price, counterparty, and contractual terms are favorable to, and consistent with District risk management guidelines, or recommends changes.
  • 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).


Reports To
Director – Energy Structuring & Trading

Overtime exemption
Exempt

Qualifications

Energy Trading Analyst I, II, III, Senior Education
Equivalent experience (year for year) may substitute for required education.

  • Bachelor's Degree Engineering, Finance, Business, Economics required.

Energy Trading Analyst I Experience

  • Experience in financial forecasting, modeling, and quantitative analysis. preferred.

Energy Trading Analyst II Experience

  • 2+ years Performing financial forecasting, modeling, and quantitative analysis. required.
  • Experience in energy marketing & trading data analytics, energy economic analysis, and power supply modeling/forecasting strongly preferred. preferred.

Energy Trading Analyst III Experience

  • 5+ years Performing financial forecasting, modeling, and quantitative analysis. required.
  • 1 year Experience in energy marketing & trading data analytics, energy economic analysis, and power supply modeling/forecasting within those 5 years. required.
  • Experience with data analysis tools such as R, Python and Tableau. desired.

Energy Trading Analyst Senior Experience

  • 8+ years Performing financial forecasting, modeling, and quantitative analysis. required.
  • 3+ years Experience in energy marketing & trading data analytics, energy economic analysis, and power supply modeling/forecasting within those 8 years. required.
  • Experience with data analysis tools such as R, Python and Tableau. desired.

Energy Trading Analyst I Skills and Abilities
A fully skilled incumbent will have the following knowledge skills & abilities:

  • Analytical skills
  • Basic knowledge of energy modeling, finance principles, and contract administration.
  • Basic knowledge of federal and state laws and regulations relating to the power industry.
  • Proficient with Microsoft Office Suite and data visualization tools or related software.
  • Ability to communicate effectively both orally and in writing.
  • Excellent organizational, interpersonal, and analytical skills with a high attention to detail.
  • Work well in teams.
  • Must be proficient in reading, writing and speaking English

Energy Trading Analyst II Skills and Abilities
A fully skilled incumbent will have the following knowledge skills & abilities:

  • Strong financial analysis, mathematical, and analytical skills.
  • General knowledge of energy modeling, finance principles, and contract administration.
  • General knowledge of federal and state laws and regulations relating to the power industry.
  • Proficient with Microsoft Office Suite and data visualization tools or related software.
  • Ability to communicate effectively both orally and in writing.
  • Excellent organizational and interpersonal skills with a high attention to detail.
  • Work well in teams.
  • Must be proficient in reading, writing and speaking English.

Energy Trading Analyst III Skills and Abilities
A fully skilled incumbent will have the following knowledge skills & abilities:

  • Strong financial analysis, mathematical, and analytical skills.
  • General knowledge of energy modeling, finance principles, and contract administration.
  • General knowledge of federal and state laws and regulations relating to the power industry.
  • Proficient with Microsoft Office Suite and data visualization tools or related software.
  • Ability to communicate effectively at all levels of internal and external organizations.
  • Ability to communicate effectively both orally and in writing.
  • Excellent organizational and interpersonal skills with a high attention to detail.
  • Work well in teams.
  • Must be proficient in reading, writing and speaking English.

Energy Trading Analyst Senior Skills and Abilities
A fully skilled incumbent will have the following knowledge skills & abilities:

  • Complex financial analysis, mathematical, and analytical skills.
  • Advanced knowledge of energy modeling, finance principles, and contract administration.
  • Proficient with Microsoft Office Suite and data visualization tools or related software.
  • Advanced knowledge of federal and state laws and regulations related to the power industry is also necessary.
  • Ability to communicate effectively at all levels of internal and external organizations.
  • Lead and direct the work of others through a project team.
  • Ability to communicate effectively both orally and in writing.
  • Excellent organizational, interpersonal, and analytical skills with a high attention to detail.
  • Work well in teams.
  • Must be proficient in reading, writing and speaking English.




 

DISCLAIMER

The statements contained herein reflect general details as necessary to describe the principal functions for this job, the level of knowledge and skill typically required, and the scope of responsibility. This should not be considered an all-inclusive listing of work requirements.  Individuals may perform other duties as assigned, including work in other functional areas to cover absences or relief, to equalize peak work periods or otherwise to balance the workload.

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)