Real Time/Day Ahead Energy Trader or Senior

Idaho Power Company•Boise, ID

29d

About The Position

Idaho Power — located in vibrant Boise, Idaho — is looking for a Real Time/Day Ahead Energy Trader or Senior to join our Power Supply team. It’s an exciting time to work for Idaho Power. Our work plays a critical role in communities we serve across Idaho and Oregon, and we’re working hard to safely provide our customers with the safe, reliable, affordable energy they depend on. What does an Energy Trader do for us? The Energy Trader sells energy and energy products in wholesale markets on an hourly/daily basis with supervision. The role involves outbound marketing, commercial negotiation, deliverability assessment, structuring and negotiation, credit and risk evaluation, transmission purchasing/reserving, transaction/accounting recording, delivery scheduling and generation dispatch coordination, and complying with industry procedures and regulatory requirements. The position requires work in the Real Time (aka Hour Ahead) and Day Ahead markets on a variable rotating shift schedule that covers a 24/7/365 trading desk. This role additionally supports the natural gas energy traders and plays a critical role in monitoring market conditions, coordinating nominations, and ensuring reliable gas flows across pipelines. The position contributes to real time scheduling, storage optimization, and asset management while responding quickly to operational changes, weather impacts, and system constraints. Success in the role requires strong communication with traders and system operators to maintain balanced positions, minimize risk, and support both commercial and operational objectives in a fast paced environment. This position also requires the incumbent to leverage understanding of the electric power sector, including generation, transmission, utilities, markets, and regulations; analyze energy market data and trends; exhibit strong judgement; and demonstrate effective communication with numerous stakeholders to successfully execute transactions for the company. The Energy Trader must also collaborate with others to achieve individual and organizational goals; identify and solve problems; and provide support and direction to drive team’s continuous improvement. In addition to the meaningful work we do, we offer work-life balance, competitive pay and benefits, an employee incentive plan, and both a 401k employer-match and a pension plan, making Idaho Power one of the best employers in the state.

Requirements

Knowledge of: Trading floor operations
Knowledge of: Electric and natural gas grid’s supply and demand components and cost calculations/dispatch pricing
Knowledge of: Interconnected transmission operations and delivery points
Knowledge of: Emergency action procedures
Knowledge of: Risk management principles and policies
Knowledge of: Energy accounting and energy trading applications
Knowledge of: Contracts and credit
Knowledge of: WSPP, ISDA, NAESB agreements, OATT, and WECC requirements
Knowledge of: EIM bidding and strategy as it pertains to real-time WECC trading and scheduling practices/calendar
Knowledge of: Idaho Power organization, business objectives, and marketing capabilities
Knowledge of: Electric utility operations
Knowledge of: Basic accounting and economics
Knowledge of: Idaho power business practices
Skills in: Energy market conditions and trends analysis
Skills in: Adherence to set responsive times, deadlines, and time-sensitive tasks
Skills in: Functioning with an entrepreneurial and competitive perspective to assist Idaho Power in actively trading in commodities and executing power transactions
Skills in: Detailed proficiencies of wholesale energy marketing and trading
Skills in: Negotiating transactions
Skills in: Economic analysis
Skills in: Resource optimization
Skills in: Microsoft (MS) Office software applications
Skills in: Effective oral and written communication
Skills in: Documenting transactions and establishing effective job priorities
Skills in: Development and improvement of job processes as needed in a rapidly evolving environment
Skills in: Competences with spreadsheet and database computer skills
Ability to: Understand the financial impact of energy trades
Ability to: Find creative and innovative ways to market and move energy on an hourly/daily basis
Ability to: Create and sustain a positive, proactive environment
Ability to: Establish excellent business relationships with other work groups, both inside and outside Idaho Power
Ability to: Work collaboratively and participate effectively in a team environment
Ability to: Communicate effectively
Ability to: Establish effective job priorities
Ability to: Perform detailed work with a high degree of accuracy
Ability to: Work without direct supervision and be willing to take the initiative to resolve problems
Ability to: Independently function in a fast paced, deadline dependent environment demonstrate the ability to drive performance and initiate action proactively with demonstrated communication and interpersonal skills
Ability to: Communicate and problem solve when under stress
Ability to: Adhere to pre-established schedule, including start/stop time, work long hours, work a variable schedule, consistently meet attendance standards for regular, reliable, predictable, full-time attendance, and work shift schedules
Ability to: Utilize various computer applications to perform job duties
Ability to: Manage trading book and earn a profit.
Energy Trader: Education: Bachelor's degree in economics, finance, business, or engineering OR An equivalent combination of training and/or experience
Energy Trader: Experience: 4 years of experience in natural gas or power trading/scheduling environment OR 4 years of experience in natural gas or power system operations
Senior Energy Trader: Education: Bachelor's degree in economics, finance, business, or engineering OR An equivalent combination of training and/or experience
Senior Energy Trader: Experience: 6 years of experience in natural gas or power trading environment or system operations

Nice To Haves

Energy Trader: Preferred: Advanced degree in a business discipline OR An equivalent combination of education, training, and experience
Energy Trader: Preferred: 4 years of experience in power or natural gas trading/scheduling with exposure to real-time, day ahead, and term trading and NERC certification
Senior Energy Trader: Preferred: Advanced degree in a business discipline OR An equivalent combination of education, training, and experience
Senior Energy Trader: Preferred: 6 years of experience in power or natural gas trading with exposure to real-time, day ahead and term trading and NERC certification

Responsibilities

Sells energy and energy products in wholesale markets on an hourly/daily basis with supervision.
Outbound marketing, commercial negotiation, deliverability assessment, structuring and negotiation, credit and risk evaluation, transmission purchasing/reserving, transaction/accounting recording, delivery scheduling and generation dispatch coordination, and complying with industry procedures and regulatory requirements.
Supports the natural gas energy traders and plays a critical role in monitoring market conditions, coordinating nominations, and ensuring reliable gas flows across pipelines.
Contributes to real time scheduling, storage optimization, and asset management while responding quickly to operational changes, weather impacts, and system constraints.
Maintain balanced positions, minimize risk, and support both commercial and operational objectives in a fast paced environment.
Leverage understanding of the electric power sector, including generation, transmission, utilities, markets, and regulations; analyze energy market data and trends; exhibit strong judgement; and demonstrate effective communication with numerous stakeholders to successfully execute transactions for the company.
Collaborate with others to achieve individual and organizational goals; identify and solve problems; and provide support and direction to drive team’s continuous improvement.
Manage trading book and earn a profit.