Market Analyst Entry

SMUD • Sacramento, CA

1d • $88,379 - $116,979 • Hybrid

About The Position

The Revenue Strategy team is excited to announce the opening of this position. In this role, you will be part of a team of subject matter experts in load research, utility forecasting, pricing and data analytics. You will be proactively engaging with other peers, managers, directors across SMUD and consultants to analyze data relevant to load forecasting, distributed energy resources (DERs), customer programs, and innovative rate designs.

The team is responsible for the development and completion of SMUD's sales and long-term load forecasting scenarios and creating forecasting outlooks in support of the clean energy vision. Your work in this area plays a highly visible role in SMUD's 2030 Zero Carbon Plan.SMUD implemented a full roll out of advanced metering infrastructure (AMI) over a decade ago, you will have access to AMI load data using SAS and Metrix ND to perform analytical work. You will be developing regression models for energy demand, incorporate future DERs into the forecasting scenarios, and working closely with Pricing, Budget Office, Information Technology, Enterprise Strategy and Customer and Grid Strategy.

NOTE: This position will require on-site work three days a week at SMUD Headquarters located at 6201 S Street, Sacramento CA 95817.PurposeProvide analysis and technical support for producing the customer, load and demand forecasts, load research and related assessment, and program evaluations.Nature and ScopeThis classification is comprised of two levels: Level "E" is the entry-level where incumbents are provided formal training and/or certification for progression to the journey-level of the classification. The incumbent is promoted/progressed to the journey level "J" upon successful completion of all training and/or certification requirements for the classification. Incumbents hired at the entry-level are required to successfully progress to the journey-level within 18 to 60 months, depending on the length of the training and/or certification program. If an employee is unsuccessful with progressing to the journey-level they will return to last class held or separate from SMUD.

Requirements

• Bachelor's degree from an accredited college or university majoring in Economics, Engineering, Mathematics, Statistics, Data Science, or related field or equivalent experience. If no degree, five or more (5+) years of relevant experience is required.
• One or more (1+) years of progressively responsible relevant work experience conducting load research, load modeling, forecasting, modeling and/or economic analysis.
• Methods and techniques for planning, organizing, directing and controlling work activities; policies and standards for interacting with local, state and national authorities and agencies; fundamentals and practices for budget administration; fundamentals and practices for business strategic planning and development; methods and techniques for report preparation and writing; techniques and strategies for public speaking; concepts for cost control and project scheduling; performance management techniques related to Project Management; procedures and practices for project budget management; fundamentals and practices of economic analyses of projects and programs; fundamentals and practices of various analytical approaches; techniques and practices for cost benefit analyses; fundamentals of complex mathematics; fundamentals and practices of finance and accounting.
• Interpret and apply SMUD policies procedures, applicable MOU and/or other special agreements; participate with upper management to establish corporate strategic plans and objectives; plan, organize, direct, control, and review the work of others; compile and prepare technical, statistical and/or analytical reports and presentations; develop and conduct oral presentations to internal/external audiences; explain complex and/or controversial policies, regulations, procedures and/or activities internally/externally; express ideas/facts clearly and concisely to others, taking into account the audience and nature of information; monitor and manage projects; plan, organize, prioritize and schedule projects; assess complex issues and develop/implement resolution alternatives; identify the potential long-term outcomes of a change in operations; develop an estimation of how a system should work under ideal conditions; gather data from appropriate sources and identify relevant factors; generate a number of viable alternatives to problems; interpret, evaluate and apply pertinent policies, procedures, regulations and requirements; interpret, clarify, understand and evaluate verbal/written information and ideas; organize highly complex and conflicting data in a readily understandable manner for various audiences; prepare a business case to weigh the relative costs and benefits of a potential action; assist in customer, load and demand forecasts with the aid of sophisticated computer programs; assist in load and financial evaluations; assist in assessment of advanced research and forecasting techniques and develop new techniques to address unique problems; communicate effectively orally and in writing internally/externally; establish and maintain effective working relationships internally/externally.

Nice To Haves

• Master's degree from an accredited college or university majoring in Economics, Engineering, Mathematics, Statistics, Data Science, or related field.
• Knowledge of SMUD policies; operations related to generating, transmission and distribution resources.

Responsibilities

• Assists in developing long-term customer, load and demand forecasts, program evaluations, and load assessment.
• Aids in design and development of databases to support load research and assessment.
• Evaluates, procures and coordinates various analytical modeling tools to facilitate modeling and evaluation activities.
• Supports the administration of internal/external projects by assisting in identifying project objectives; identifying internal/external project team within area of responsibility; assisting in the development of Request for Proposals where applicable; participating in developing project plans including schedule, cost, key work products, and milestones; monitoring project progress and completion in area of responsibility against plan/contract; monitoring and revising schedules, scope, expenditures and assignments as warranted; reviewing work products; assisting in resolving conflicts and discrepancies; maintaining project records and files; and participating in the overall review of the completed project results and making recommendations for next steps.
• Learns to conduct technical analysis for other departments for their use in operations planning and power scheduling, contract negotiations, supply- and demand-side resource assessment, rate design, and financial planning.
• Supports the analysis in the financial and market assessment of new products and services.
• Learns to independently assess and provide recommendations on projects requiring significant capital commitments.
• Reviews and oversees contract work performed by consultants on certain special projects.
• Assists in developing and delivering technical and verbal reports to staff, peers, management, and the general public.
• Performs other related duties as needed to include working outside of typical business hours when necessary.

Benefits

• SMUD is a CalPERS agency. As a member of the California Public Employees’ Retirement System (CalPERS), SMUD offers eligible employees access to a defined benefit pension plan along with other valuable retirement and health benefits. This program helps provide financial security both during your career and after retirement.

What This Job Offers

• Job Type: Full-time
• Career Level: Entry Level