Short Term Trader Lead

SRP • Tempe, AZ

20h • Hybrid

About The Position

The Short-Term Trading Lead provides technical and functional leadership for SRP's Short-term Trading team. The role requires broad knowledge of Western energy markets, power trading and scheduling, analytical tools, and SRP's generation portfolio and transmission infrastructure. Through SPP Markets+ go-live, the Lead will guide development and implementation of the strategies, workflows, controls, forecasts, bidding tools, and processes required for market participation. The position serves as the team’s primary point of contact for locational marginal price (LMP), load, and Variable Energy Resource (VER) forecasting and related decision-support tools and processes. Following go-live, the Lead will maintain and improve these capabilities while serving as a lead trader and scheduler. In coordination with other desk Leads, the position will oversee daily submissions, portfolio risk, and strategy; direct traders and schedulers; and provide backup across core desk functions. This is a technical lead role without direct supervisory authority.

Requirements

• Minimum 7 years of relevant experience required.
• In lieu of a degree, 11 years of relevant experience or an equivalent combination of education and experience totaling 11 years may be considered.
• Ability to work a flexible schedule, including weekends, SRP and NERC recognized holidays, extended hours, and on-call support as needed to meet operational requirements, support market activities, and respond to unforeseen events or special operating conditions.
• Travel to SRP field and office locations in the Phoenix metro area, as well as to conferences and other business-related events, may be required based on business and operational needs.
• Excellent negotiation, communication, customer service, analytical, and decision-making skills.
• Ability to meet firm market schedules, submission requirements, and reporting deadlines in a fast-paced operational environment.
• Ability to negotiate transaction prices, quantities, terms, and exchange ratios with external counterparties.
• Ability to use trading, scheduling, forecasting, market-submission, analytical, accounting, and e-Tagging systems and evaluate new forecasting, bidding, optimization, and decision-support tools.
• Ability to forecast and evaluate load, renewable production, natural gas consumption, market prices, and portfolio conditions and use that information to improve commercial performance while maintaining reliability.
• Ability to translate business needs into practical requirements, workflows, processes, and controls; investigate complex issues in depth; and lead cross-functional work through influence.
• Ability to work effectively with SRP groups, market operators, vendors, consultants, counterparties, agencies, and other utilities.
• All candidates must be legally authorized to work in the United States.
• Currently, SRP does not sponsor H1B visas, OPT, or other employment-related visa's.

Nice To Haves

• A bachelor's degree relevant to the assignment from an accredited institution is preferred.
• Bachelor's degree in mathematics, finance, business, economics, engineering, data analytics, energy management, or a related field preferred.
• Knowledge of Western wholesale electricity markets, power trading and scheduling, generation and transmission systems, power-system operations, and organized market concepts is preferred.
• Knowledge of SRP's generation facilities, contracts, fuel arrangements, participation agreements, and operating agreements, or the demonstrated ability to acquire that knowledge.

Responsibilities

• Provide technical and functional leadership to the Short-Term Trading team as markets, resources, technologies, and business requirements evolve.
• Lead Short-term Trading's SPP Markets+ readiness through go-live, including future-state strategies, workflows, controls, testing, training, and operational implementation.
• Serve as the team's business lead for LMP, load, and VER forecasting; bidding and optimization tools; and related analytical and decision-support capabilities.
• Partner with trading, scheduling, market strategy, operations planning, technology, vendors, and other stakeholders to define requirements, implement solutions, resolve issues, and continuously improve tools and processes.
• Lead and review daily market submissions, ensuring accuracy, alignment with approved strategy, and compliance with reliability, credit, trading, and risk parameters.
• Evaluate portfolio risks and develop strategies related to natural gas positioning, generation outages and return to service, virtual bidding, transmission congestion, and other market exposures.
• Provide direction to traders and schedulers by executing approved strategies and act within delegated authority when appropriate.
• Serve as a technical escalation point for complex trading, scheduling, market, analytical, operational, and risk issues.
• Operate as a lead trader and scheduler, provide desk coverage, and trade within authorized limits.
• Ensure the accuracy of the next-day generation plan and retail load forecast and guide resource commitment, fuel, transmission, outage, and scheduling decisions.
• Negotiate wholesale purchases, sales, exchanges, displacement transactions, and approved arbitrage opportunities consistent with reliability, credit, and risk requirements.
• Ensure accurate daily profit-and-loss analysis and develop data, models, metrics, and analyses that improve forecasts, strategies, and market performance.
• Lead training, cross-training, operating-procedure development, and knowledge sharing for traders and Generation Pre-Schedulers.
• Represent SRP in applicable stakeholder and industry forums, collaborate across internal and external organizations, provide on-call support, and perform other duties as assigned.

Benefits

• Pension Plan (at no cost to the employee)
• 401(k) plan with employer matching
• Medical, vision, dental, and life insurance
• Over 200+ hours of PTO (includes vacation days, holidays, floating holidays, and sick leave)
• Parental leave (up to 4 weeks) and adoption assistance
• Wellness programs (including access to a recreation and fitness facility)
• Short and long-term disability plans
• Tuition assistance for both undergraduate and graduate programs
• 10 Employee Resource Groups for career development, community service, and networking

What This Job Offers

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