The Energy Authority is a public power-owned, nonprofit corporation with offices in Jacksonville, Florida, and Bellevue (Seattle), Washington. TEA provides public power utilities with access to advanced resources and technology systems so they can respond competitively in the changing energy markets. Through partnership with TEA, utilities benefit from an experienced organization that is singularly focused on deriving the maximum value of their assets from the market. TEA Values
TEA employees share a common sense of purpose. When TEA accomplishes its mission, the result is improved quality of life for the citizens and businesses of the communities our clients serve.
TEA employees exceed the expectations of those they serve, deliver services with the highest standards of fair, honest, and ethical behavior, set the standard for service and expertise in our industry, embody a spirit of collaboration, and embrace TEA’s founding entrepreneurial spirit by seizing opportunities to deliver value.
If you are self-motivated, driven to deliver excellence, and passionate about your career, TEA is the perfect place for you. It’s YOUR Future. It’s OUR Future. About the Role
Real-Time traders in Jacksonville negotiate hourly energy transactions at various trading hubs across the Eastern and Western US. We manage a diverse portfolio of power generation assets, including wind from several members. We collaborate with Term traders, portfolio managers, RTO specialist, and analysts to build and deploy risk management strategies. The primary purpose of this position is to execute energy and transmission transactions on behalf of The Energy Authority and its clients to maximize margins in the most effective and efficient manner. About the TEAm
Successful traders apply strong financial skillsets and commercial instincts to inform sound decision-making in a highly competitive environment. We must monitor and respond quickly to large amounts of dynamic data across various software platforms, so attention to detail and multitasking are important strengths. Collaboration and teamwork are essential to accomplishing our goals, so we work on an open trade floor that is designed to facilitate quick communication and sharing of ideas. Our market is 24/7, which means we work in grouped rotational shifts around the clock to serve the continual need for electric consumption. To balance these non-standard working hours, we also enjoy long stretches of time-off built into our schedules to recharge and devote towards personal interests. ESSENTIAL DUTIES and RESPONSIBILITIESinclude the following. Other duties may be assigned.Shift Schedule* Work on a rotating 12-hour shift to provide trading coverage on a 7/24/365 day basis and be prepared to provide trading support during natural disasters at back up facility and/or team related emergencies
Market Knowledge-Client, Transmission, Etc* Maintains current knowledge of TEA’s clients resource mix.
Margin Generation for TEA* Proactively pursues opportunities to generate TEA-backed trading income Deal Entry Tasks* Accurately records purchase and sale transactions on appropriate blotters or trade tickets and ensures that all necessary transaction details are entered into TEA’s deal capture system
Risk Policy Adherence* Ensure that all relevant aspects including energy price, transmission, counter party contractual and credit limits terms are in compliance with TEA’s and member risk policies (if applicable) Training* Provide training and support to new traders and support specialists about TEA business practices, processes, and procedures
QUALIFICATIONS Education and/or Experience
Bachelor's degree from an accredited four-year college or university required; major in a technical- or business-related discipline highly desired; advanced degree is a plus. Previous experience in the industry and with trade capture system is a plus.