Senior Manager of Real-Time Power Trading

Senior Manager of Real-Time Power Trading
Notice info
LocationTempe, AZ
Hybrid
Oil and Gas

About This Job


Requisition ID: 19061

Join us in building a better future for Arizona!

SRP is one of the largest public power and water utilities in the U.S. providing electricity to approximately one million customers in the greater metropolitan Phoenix area. Since its founding in 1903, SRP has fostered a culture of stewardship and customer service consistently ranking as an industry leader in customer service according to J.D. Power and named one of Arizona's best employers by Forbes. SRP continues to adapt to its changing business environment by seeking innovative ways to reimagine utility service and the provision of critical resources essential to the life and economy of Arizona.


Why Work at SRP

At SRP, we foster an inclusive work environment and believe everyone should have a fair chance to work, regardless of who they are. That’s why we value teams with diverse perspectives, experiences, and backgrounds to help SRP deliver on its mission of providing reliable, affordable and sustainable water and power.

SRP's success is rooted in our employees' happiness, health, and safety. That's why we offer a comprehensive benefits package to meet the needs of our employees and enhance their well-being. In addition to competitive pay and performance incentives, eligible employees can take advantage of the following benefits:


Pension Plan (at no cost to the employee)
401(k) plan with employer matching
Available your first day: 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


Summary

Oversees a team responsible for all real-time trading and scheduling of electricity, as well as SRP’s engagement in real-time energy markets.


What You'll Do

Manages real-time operations including load forecasting, scheduling of generation resources, scheduling of contract purchases and sales, real-time purchases and sales of energy/capacity, procurement and management of transmission resources, management of fuel resources, coordination of unit outages, and management of reserves to meet system reliability requirements.

Manages development and execution of real-time trading strategies necessary to minimize the cost to serve SRP's retail electricity customers while maintaining position limits within established financial risk tolerances and ensuring reliable supply.
Manages development and execution of trading strategies necessary to maximize the value of excess generation assets in the wholesale market while maintaining position limits within established financial risk tolerances.
Continuously reviews real-time trading positions to ensure that trading limits are not exceeded.
Oversees SRP’s engagement in real-time energy markets. SRP currently participates in the California Independent System Operator’s (CAISO’s) Energy Imbalance Market (EIM).
Engages in efforts to prepare the team for participation in developing and evolving western energy markets, including the Southwestern Power Pool’s (SPP’s) Markets+ and the associated Western Resource Adequacy Program.
Hire, develop, and train new employees.
Oversee department budget.


What It Takes To Succeed

This position carries significant financial responsibility, as the individual in this role is authorized to independently approve and execute individual physical electricity transactions valued at up to $1 million. Given this level of responsibility, this individual must have excellent judgment and be able to quickly make decisions that are supported by company policy.

The real-time work environment is highly dynamic. The individual in this role must have the ability to balance multiple priorities and make frequent, quick decisions under pressure.
This role requires excellent communication skills and is frequently asked to communicate complex real-time operational issues to executive leadership.
The group consists of employees working on shifts that provide 24x7 coverage. The leader of this team is occasionally required to take calls or meetings outside of normal business hours to ensure continuity.


Experience

A minimum of eight years of related experience is required (if no degree, 12 years of relevant experience or an equivalent combination of education and related experience totaling 12 years).


Education

A bachelor’s degree related to the assignment from an accredited institution is preferred.


Hybrid Workplace

SRP currently offers a hybrid workplace, which allows employees whose jobs can be performed remotely, and who have sufficient technical capability, to telework up to three days per week. Although teleworking is available, all employees must live and work in Arizona.


Drug/Alcohol Policy Statement

To promote the safety and well-being of our employees, customers, and the communities we serve, SRP is committed to maintaining a drug/alcohol free work environment. Although marijuana may now be legal in Arizona, except as otherwise specified under Arizona law, SRP considers it to be an illegal drug for the purpose of our drug/alcohol policy because marijuana remains illegal at the federal level. Any candidate found to be impaired during the hiring process or who has the presence of an illegal drug or unauthorized substance in their system during the pre-employment drug/alcohol test may be disqualified from further consideration in the hiring process.


Equal Opportunity Employer Statement

Salt River Project (SRP) is committed to equal employment opportunity regardless of race, color, religion, sex (including pregnancy), gender identity, sexual orientation, national origin, age, disability, genetic information, military status, or any other protected status under applicable federal, state or local law.


Work Authorization

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.

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