Job Description:
Responsible for developing long-term structured wholesale power sales and purchases. Responsible for ongoing contract administration, market, pricing and related analyses, and working with Tri-State Member Systems on load development, retention and self-supply. This role will coordinate various projects within Energy Management teams and processes and provide contractual support to implement the deployment of new generation resources, including consideration of transmission rights, generation fleet economics, market effects, regulatory requirements and long-term structured power sales and purchases.
Note : There is one position available, and the position will be filled at one of two job grade levels: Origination Analyst, job grade 9 or Senior Origination Analyst, job grade 10. This decision will be based on the qualifications and experience of the candidate selected, and Tri-State business needs at the time of hire.
Tri-State recognizes the value of a highly-engaged and committed workforce and provides an excellent benefits program that includes : Medical Insurance, Dental Insurance, Vision Insurance Health Savings Account (HSA), Flexible Spending Accounts (FSA), Tuition Reimbursement, Flexible Work Schedules including compressed work week and telecommuting opportunities to work remotely up to 50%, Life Insurance, 401K, Long Term Disability (LTD), Short Term Disability (STD), Employee Assistant Program (EAP) and Paid Leave Benefits.
Senior Origination Analyst
Hiring Salary Range: $106,000-$135,0000
Origination Analyst
Hiring Salary Range: $96,000-$121,000
Actual compensation offer to candidate may vary outside of the posted hiring salary range based upon work experience, education, and/or skill level.
Responsibilities:
•Conduct analysis of new power sale and purchase opportunities, assist with summary and presentation of data, and assist with organization of data received.
•Provide analysis of changing economic and regulatory conditions on the Tri-State generation fleet, including resource retirements and acquisitions and negotiation of the restructuring of existing agreements.
•Support Tri-State’s acquisition of new resources through the competitive resource solicitation (RFP) process. This includes developing RFPs and working with resource developers to ensure their understanding of Tri-State’s needs and requirements.
•Support initiatives related to Tri-State’s commitment to reliability, affordability, responsibility and flexibility. This includes the development of new agreements and terms in support of new programs, as well the administration of existing Board and FERC-approved tariffs.
•Because Tri-State is an electric utility with continuous service obligations to its customers, regular, reliable, and predictable performance of the essential functions and responsibilities is an essential function of the job.
•Because Tri-State has an obligation to provide continuous, reliable electric service to its customers, the ability to work overtime at any time of the day or week is considered an essential function of the job.
•Conduct contract negotiations and analyses for new power sales and purchase, and member load development efforts. Seek internal approval of new or amended power transactions under Tri-State Board policies towards execution and filing, if necessary.
•Support the commercialization efforts for new resources to ensure contractual compliance and smooth integration into Tri-State’s resource portfolio.
•Responsible for taking a lead role in providing contract administration of existing and new power sales, and related contracts to include ensuring contractual and risk management compliance, development of operating procedures, optimizing terms and conditions, and monitoring ongoing contractual milestones and similar requirements.
•Provide analytical support for Tri-State Board of Directors policy development, FERC and other regulatory filings, and various external and internal reporting requirements.
•Provide analysis of potential generation assets, structured transactions, major investments, and unit retirements.
•Responsible for Origination-related activities related to the development and implementation of Energy Resource Plans.
•Responsible for Origination-related inputs to Tri-State’s budget and long term financial economic forecast.
•Participate in ad hoc analytical requests.
•Prepare a variety of reports and responsible for the preparation of department reports and presentations.
OTHER DUTIES/RESPONSIBILITIES
•Perform other related duties as assigned.
Qualifications:
Education and Training
•Bachelor's degree in Business, Economics, Finance, Engineering, or related discipline; or equivalent relevant experience.
Knowledge, Skills, and Ability:
•Knowledge of generation technologies, including renewable technologies, wholesale power markets, utility operations, and market design.
•Knowledge of commercial practices for bulk power transactions, settlements and scheduling.
•Understanding of board policy, public policy and regulatory requirements as they relate to resource decisions.
•Familiarity with understanding contract language and contractual provisions related to power transactions.
•Must have strong analytical, quantitative, and economic evaluation skills.
•Excellent oral and written communications skills.
•Ability to establish and maintain effective working relationships.
•Ability to analyze complex, technical data and prepare concise, accurate reports.
Experience:
•Five (5) to eight (8) years of relevant experience including the evaluation of structured transactions.
•Working knowledge of organized markets, power system operations, contract negotiation and contract administration.
Other:
•Willingness to travel as required. (Must possess a valid driver's license.)
•Must be able to demonstrate that he/she can perform all of the essential functions of the position.
Note : The above requirements describe the experience and education qualifications for the Senior Origination Analyst. Those with less experience will be hired at the Origination Analyst job grade level.
About Us:
Tri-State is a wholesale power supply cooperative, operating on a not-for-profit basis, with 43 members, including 40 utility electric distribution cooperative and public power district members in four states: Colorado, Nebraska, New Mexico and Wyoming. Together with its members, Tri-State delivers reliable, affordable and responsible power and energy services to more than a million electricity consumers across nearly 200,000 square miles of the West.
Tri-State was founded in 1952 by its member systems to provide a reliable, cost-based supply of electricity. Headquartered in Westminster, Colo., approximately 1,200 people are employed by Tri-State across five states.
Tri-State's electricity is generated from coal, natural gas and hydropower, with a rapidly increasing supply generated from wind and solar. Tri-State delivers power to its members through a transmission system that includes substation facilities, telecommunications sites and over 5,700 miles of high voltage transmission lines. Tri-State's transformative Responsible Energy Plan is reducing emissions, increasing renewable resources, developing new energy services and delivering more flexibility for its members.
Job Identification: 382
Job Category: Audit, Risk and Compliance
Posting Date: 2025-05-12T15:03:57+00:00
Job Schedule: Full time
Hiring Salary Range: $96,000-$135,000
Locations: 1100 W 116th Ave, Westminster, CO, 80234, US
All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, veteran status.