Trader

The base salary range for this position is dependent upon experience and location, ranging from $83,804 - $104,756.

Purpose

The role of the Real Time Trader is to perform real-time energy trading and marketing, negotiatewholesale sales and purchases in the hourly markets, coordinate generation operations with dispatch personnel,coordinate

transmission reservations, negotiate transmission purchases, schedule, and tag transactions.Manage and optimize corporate generating assets in the hourly market.

Develop professional relationships withpower marketers and traders.

Responsibilities

Negotiate transactions to financially optimize corporate assets including renewable and thermal generation.

Capture of market arbitrage opportunities utilizing transmission to link markets across the UnitedStates.

Capture of real-time arbitrage opportunities and manage day-ahead and real-time transactions.

Provide market pricing for day ahead to real-time transactions.

Create NERC E-tags, purchase transmission via OASIS and capture transactions accurately inAvangrid's energy management system.

Facilitate training of other real time traders.

Provide generation and transmission schedules to ISO's, control areas and transmission providers.

Manage unit bids / offers in the Northeastern and Midwestern ISO's to optimize the portfolio.

Manage asset and proprietary risk through Day-Ahead transactions.

Trade physical power across the eastern US to maximize profitability

Purchase transmission as needed to execute physical trades.

Schedule and tagging of physical transactions.

Trade intra-day financial power OTC in the Northeastern and Midwestern ISO's.

Provide insight into the short-term market and operations to other traders.

Additional Responsibilities

Provide insight into additional market areas as PPM's portfolio expands

Represent Avangrid Renewables professionally with a diverse group of customers and marketparticipants.

Interact with plant personnel, traders, and system operators.

Adhere to effective internal business and industry controls.

Skills and Requirements

Solid understanding of generation & transmission operations.

Quick learning curve with the ability to receive, process, and transact on information.

Ability to self-motivate and create opportunities

Experience preferred with any of the following markets : WECC, CAISO, and Southwest, ERCOT,MISO, PJM, NYISO, with proven ability to understand market conditions and to identify sales / purchase opportunities.

PC proficiency and experience with automated tools to support trading activity.

Understanding of financial modeling, risk assessment, commodity management, electricity and natural gas trading and hedging practices.

Ability to independently function in fast paced deadline dependent environment. Must beperformance driven, self-motivated and proactive with demonstrated communication and interpersonal skills.

Ability to work rotating shifts of 12 hours which includes night shifts, weekends and holidays.

Strong Excel experience.

Familiarity with LIM or other price data warehouse.

Ability to create NERC tags without templates.

Familiarity with virtual transactions.

Ability to model intra-day and next day pricing and load to devise strategies.

Preferred Qualifications :

Experience with MISO, ERCOT, IMO, and HQ.

Experience trading at different points within California

Strong knowledge of the California ISO.

Experience managing physical assets within the WSCC

Additional Success Factors

Ability to navigate and succeed in a highly matrixed reporting structure, preferably at aninternational company.

Self-starter with demonstrated performance leading initiatives and building consensus at all levelsof a matrixed global organization.

Ability to work effectively in an environment where consensus between diverse work streams isoften required before projects can proceed.

Maintains effectiveness during procedural / organizational changes and when dealing with varying personality styles and tasks.

Effectively provides and receives information orally in individual and group situations. Writtenexpression is clear, concise, and conveys the desired message

All offers of employment are contingent upon the successful completion of a medical Fit for Dutyexam, background check, references, drug screen, verification of legal right to work in the U.

S., and insome cases, a credit check. A credit check will be administered when a prospective employee will be working inFinance,

Accounting, Treasury or where duties may involve handling of funds, accounts or cash. A Motor Vehicle (MVR) check will be administered when a prospective employee will be regularly using a company vehicle.

Avangrid Renewables is an Equal Opportunity Employer. All qualified applicants will receive consideration foremployment without regard to race, color, religion, sex, national origin, protected veteran status, status as anindividual with a

disability, or any other status or class protected by federal or state law.

Mobility Information

Please note that any applicant who is not a citizen of the country of the vacancy will be subject tocompliance with the applicable immigration requirements to legally work in that country

Competencies

Be a role model

Be agile

Collaborate and Share

Develop Self & Others

Empower to grow

Focus to achieve results

Technical Skills

Avangrid employees may be assigned a system emergency role and in the event of a system emergency, may be required to work outside of their regular schedule / job duties.

This is applicable toemployees that will work in Connecticut, Maine, Massachusetts, and New York within AVANGRD Network and Corporate functions.

This does not include those that will work for Avangrid Renewables

Mobility Information

Please note that any applicant who is not a citizen of the country of the vacancy will be subject to compliance with the applicable immigration requirements to legally work in that country

AVANGRID's employment practices and policies are geared to hiring a diverse workforce and sustaining an inclusive culture.

At AVANGRID we provide fair and equal employment and advancement opportunities for all employees and candidates regardless of race, color, religion, national origin, gender, sexual orientation, age, marital status, disability, protected veteran status or any other status protected by federal, state, or local law.

If you are an individual with a disability or a disabled veteran who is unable to use our online tool to search for or to apply for jobs, you may request a reasonable accommodation by contacting our People and Organization department at careers@avangrid.com

Job Posting End Date :

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Last updated : 2024-03-26