Real-Time Trader/Sr. Real-Time Trader

City of Denton • Denton, TX

12d • Onsite

About The Position

Responsible for monitoring, analyzing, and responding to real time, day ahead and short-term market operations, resource dispatch, and QSE management, including commercial activities. This role involves performing energy management functions such as operating computerized energy market systems, network and/or market analysis, short term load forecasts, generation dispatch, capacity optimization, and short-term portfolio management. The position also entails determining generation requirements, issuing dispatch instructions, reviewing and analyzing pricing trend data, and coordinating ERCOT instructions with stakeholders. Additionally, the role includes conducting short-term purchases and sales of energy, capacity, and ancillary services, running day ahead market activities, and supporting fuel purchases.

Requirements

• Bachelor’s Degree from an accredited college or university in Finance, Economics, Mathematics, Business Analytics, Quantitative Sciences, Accounting, or related field; and, Two (2) years’ experience in Energy Market operations, or related field; OR Any combination of related education, experience, certifications, and licenses that will result in a candidate successfully performing the essential functions of the job (for Real-Time Trader).
• Bachelor’s Degree in Finance, Economics, Engineering, Mathematics, Business Analytics, Quantitative Sciences, Accounting, or related field; and, Three (3) years’ experience in Energy Market operations, or related field; and, Must possess or obtain valid ERCOT and/or North American Electric Reliability Corporation (NERC) certifications within six (6) months of employment, OR Any combination of related education, experience, certifications, and licenses that will result in a candidate successfully performing the essential functions of the job (for Sr. Real-Time Trader).
• Knowledge of Federal, State, and Local Government laws, regulations, procedures, and methods used in energy market operations.
• Knowledge of electric generation fuel requirements, ERCOT and North American Electric Reliability Corporation (NERC) operating protocols and guidelines, and Energy Efficiency Collaboration Platform (EECP) and Black Start processes.
• Knowledge of energy buying/selling, power markets and dispatch economics.
• Knowledge of resource, power plant and transmission system dispatch/response operations.
• Skill in performing and documenting mathematical calculations accurately.
• Skill in analyzing and researching, to interpret and understand policies, laws, and regulations, and to provide workable recommendations and solutions that maintain compliance.
• Skill in problem solving; identifying problems and reviewing related information to develop and evaluate options and implement solutions.
• Skill at the intermediate level, working with applicable Microsoft Office 365 products, and other software systems to complete work.
• Skill in providing exceptional service to internal and external customers.
• Ability to communicate effectively, both in oral and written forms, for the needs of the audience.
• Ability to establish and maintain effective interpersonal relationships.
• Ability to handle records and complex situations of a confidential nature.
• Ability to handle difficult and stressful situations with professional composure and confidentiality.
• Ability to work independently and/or with team environment while handling multiple tasks and changing priorities with attention to detail.
• Ability to support controversial positions, negotiation of sensitive issues and/or presentations with internal and external stakeholders.
• Ability to develop, understand, interpret, and apply rules, policies, and procedures operations.
• Must have and maintain a valid Class “C” Driver’s License and valid state required minimum automobile liability insurance prior to employment (must obtain Texas Class “C” driver’s license and state required minimum automobile liability insurance within 90 days of hire per state law).
• Must pass a drug test, driver’s license check, criminal history background check, employment history verification, and social security number verification.

Nice To Haves

• Ability to motivate, mentor and train through direct and indirect influence.

Responsibilities

• Perform energy management functions including computerized energy market systems operation, network and/or market analysis, short term load forecasts, generation dispatch, capacity optimization, and short-term portfolio management that includes bids, offers, and/or transactions.
• Determine generation requirements and issues/respond to dispatch/operating instructions to resources, including unit start up and shut down, load response and other QSE activities to meet market operation responsibilities.
• Review, analyze, and identify patterns and/or discrepancies from pricing trend data; meet energy and capacity demands by determining load(s) revisions, daily load forecasts, Electric Reliability Council of Texas (ERCOT) system information, and resource capabilities.
• Monitor and respond to market conditions and change dispatch schedules, as required.
• Monitor weather conditions and forecasts for dispatch impacts; revise schedules and bids/offers and takes market actions to mitigate or optimize market/operational risks, as appropriate.
• Coordinate ERCOT instructions with internal and external stakeholders to meet market demands by determining resource requirements or load forecasts.
• Conduct short-term purchases and sales of energy, capacity, and ancillary services to meet market operations.
• Run day ahead market activities by reviewing forecast functions; make any necessary adjustments for resource allocation, bidding, and fuel requirements.
• Support fuel purchases and scheduling to optimize real time assets, as required.
• Accurately record data on appropriate forms, logs, and systems.

Benefits

• Medical, dental, and vision coverage in addition to life and disability insurance plans
• Employee Health Clinic
• Paid Vacation Days and Paid Holidays
• Retirement Plan

What This Job Offers

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