Southern California Edison

Resource Adequacy, Senior Advisor

LocationRosemead, CA
Salary$178,300-$267,400

About This Job


Join the Clean Energy Revolution

Become a Resource Adequacy, Senior Advisor at Southern California Edison (SCE) and build a better tomorrow. In this job, you’ll lead resource adequacy work for SCE, supporting regulatory filings, providing strategic support to resource optimization, traders and contract managers as well as maintaining resource adequacy capacity positions in support of solicitations and short and long term strategic objectives. You will join our Energy Procurement & Management (EPM) organization which is responsible for developing SCE’s multi-billion-dollar energy resource portfolio, with a particular emphasis on non-GHG emitting resources in furtherance of SCE’s clean energy dedication. As a Resource Adequacy, Senior Advisor, your work will help power our planet, reduce carbon emissions and create cleaner air for everyone. Are you ready to take on the challenge to help us build the future?


Responsibilities

Drives major energy procurement activities including development of contract evaluation framework, net present value (NPV) analysis of offers, development of portfolio selection tools, and preparation of advice letters and testimony in support of cost recovery for energy procurement activities

Monitors resource adequacy program by coordinating with various commercial and operational teams to meet compliance requirements and contribute to portfolio optimization efforts
Provides insights and recommendations based on the application of analytical models and grid planning simulation tools, influencing decisions related to resource portfolios, system pricing, and GHG emissions
Analyzes regulator demands, advising on how SCE can better align with them, and starts to influence discussions with state agencies regarding California's energy and reliability needs
Manages research initiatives, integrates findings, and formulates recommendations on the potential of new technologies for supply and demand-side energy resources
Leads contract origination's solicitation efforts to meet RA, Energy, IRP, etc procurement needs/goals
Reviews and provides feedback on contract pro forma updates, valuation methodologies and procurement strategy
Creates and refines financial modeling modules for specific generating units, ensuring data is accurately processed and stored
Takes a lead role in preparing and delivering RPS related filings and contributes to the development of joint IOU's proposal for information-only transit-oriented development factors
Recommends market design changes to address gaps in policy and/or operations
A material job duty of all positions within the Company is ensuring the protection of all its physical, financial and cybersecurity assets, and properly accessing and managing private customer data, proprietary information, confidential medical records, and other types of highly sensitive information and data with the highest standards of conduct and integrity.


Minimum Qualifications

Ten or more years of experience in financial planning, modeling and/or forecasting.


Preferred Qualifications

A Bachelor’s degree in Mathematics, Computer Science, Finance, Engineering, Economics or Quantitative related discipline.

Seven years of combined experience in capacity, forecasting, project management, planning, and/or involvement in regulatory proceedings within an electric utility organization.
Experience using advanced Excel models.


Additional Information

This position’s work mode is hybrid. The employee will report to an SCE facility for a set number of days with the option to work remotely on the remaining days. Unless otherwise noted, employees are required to work and reside in the state of California. Further details of this work mode will be discussed at the interview stage. The work mode can be changed based on business needs.
Visit our Candidate Resource page to get meaningful information related to benefits, perks, resources, testing information, hiring process, and more!
Qualified applications with arrest or conviction records will be considered for employment in accordance with the Los Angeles County Fair Chance Ordinance for Employers and the California Fair Chance Act.


About Southern California Edison

The people at SCE don't just keep the lights on. Our mission is so much bigger. We’re fueling the kind of innovation that’s changing an entire industry, and quite possibly the planet. Join us and create a future with cleaner energy, while providing our customers with the safety and reliability they demand. At SCE, you’ll have a chance to grow personally and professionally, making a real impact in Southern California and around the world.

Southern California Edison is a proud Equal Opportunity Employer, including disability and protected veteran status. We are committed to ensuring that individuals with disabilities are provided reasonable accommodation to participate in the job application or interview process, to perform essential job functions, and to receive other benefits and privileges of employment. Please contact us to request accommodations at (833) 343-0727.

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