Real Time Trader Associate

APS • Phoenix, AZ

2d • Onsite

About The Position

Arizona Public Service generates reliable, affordable and clean energy for 2.7 million Arizonans. As the state’s largest and longest-serving energy provider, our more than 6,000 dedicated employees power our vision of creating a sustainable energy future for Arizona.SummaryThe Real Time Trader Associate assist the more senior Real-Time Trader to ensure that APS customers are provided with the most economical sources of energy by analyzing short-term market conditions and company generating resources. The Associate will be limited to making energy purchases and sales under the direction of the Real-Time Trader and Real-Time Trader Senior levels. Assist in the implementation of approved marketing strategies in real-time to maximize APS' bottom line profit. Understand and execute all trading activities in compliance with Regulatory and Reliability standards and protocols. Purchase and sell intraday natural gas for the system, when needed, to ensure significant imbalances do not occur. Manage gas storage and assists Traders in arbitrage opportunities.

Requirements

• BS/BA degree in business, economics, engineering, or related field and related work experience or related experience obtained through an internship, or an equivalent combination of education and experience.
• Qualified on all 3 trading floor desks (Gas, EIM, Power) within 1 year of hire, as well as M&T University or previously qualified with equivalent experience.
• Demonstrated effective verbal and written communication skills.
• Ability to perform under stress in a dynamic environment.
• Ability to make analytical decisions utilizing mathematical skills.
• Ability to utilize a computer and associated data bases, software, hardware.
• Ability to work rotating shifts.

Responsibilities

• Project system load requirements and commit the most economical APS resources to meet customer demand as directed.
• Analyze market conditions and as directed, purchase/sell energy to meet system needs, create customer savings, and produce margin
• Negotiate sales of energy as directed to other utilities and marketers in a real time competitive market environment as directed.
• Continually review/comply with all Regulatory (ACC/FERC) and Reliability requirements (NERC/WECC/SRSG).
• Continually monitor and analyze on-line generation to ensure sufficient system operation reserves are maintained.
• Ensure that interconnected system and associated operating agreements, criteria and guidelines are met.
• Provide complete and accurate documentation of all transactions, commitments, counterparty and Balancing Authority communications and events relating to the generation and marketing of APS Energy Resources.
• Implement an optimum gas supply strategy program which maximizes supply at the most cost effective level.
• Negotiate cash market gas purchases and sales.

What This Job Offers

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