Senior Manager Real Time Trading

At PGE our work involves dreaming about planning for and realizing a smarter cleaner more enduring Oregon neighborhood. Its core to our DNA and we havent stopped since we started in 1888. We energize lives strengthen communities and drive advancements in energy that promote social economic and environmental progress. Were always on the lookout for people passionate about leading and being a part of teams that are advancing innovative clean energy solutions that are also affordable and accessible to all.

Job Function Summary

Reliably optimizes PGEs generating resources contracts and transmission rights by trading in the electricity market while managing limited fuel sources like gas hydro battery storage and emission constraints. Transacts in the MIDC bilateral CAISO AESO and EIM markets. Analyzes and reacts to current market and environmental conditions. Responsible for analyzing and evaluating complex energy transactions to ensure that all relevant aspects including energy price transmission counterparty and contractual terms are favorable to and consistent with company guidelines for risk management. Collaborates with stakeholders in Power Operations Risk and Grid Operations to ensure reliable delivery of energy to PGEs customers.

Key Responsibilities

Manage Realtime Trading Operations Oversee current day electricity trading generation coordination portfolio management risk management and scheduling of PGEs resources. Directs a team of highly skilled realtime energy traders focusing on reliability risk mitigation and resource optimization from 5minutes in the future to the end of the next day. Guides the team in making financial decisions on operational matters and implementation of strategies that are in alignment with the companys strategic direction and departmental policies. Ensures that load is reliably served and contractual obligations are met while net variable power costs are reduced for customers and shareholders. Works closely with other commercial and operational groups within the organization to support the overall management of PGEs power assets and transmission portfolio. Serves as a recognized expert in EIM operations Western Power markets and identifying price/risk tradeoff of very complex nearterm wholesale market bidding strategies.

Strategic Leadership Collaborates with and provides direction to managers and officers across the organization on fundamental market information and to develop and execute optimization strategies. Monitors and maintains an acute understanding of market movements and trends; leads the team in creative thinking. A strategic player in market expansion and efforts to extract all market opportunities available to PGE with our assets and contracts; creates and sustain an environment that challenges the norm creates efficiencies and is forward thinking.

Operational Management Institutes and aligns operational planning across several groups to ensure reliable delivery to our customers while considering potential operational impacts. Promotes a proactive approach to the balancing of supply and demand while ensuring financially prudent dispatch of our resources. Aligns Realtime trading operations with Day ahead trading and PGEs balancing authority to ensure an efficient handoff between teams. Solves unique and complex problems that have a broad impact on the business.

Functional Leadership Exercises comprehensive functional and industry knowledge in specialized areas; identifies and resolves complex multidimensional business problems; exercises delegated authority over planning direction and timely for a functional area or program; establishes and maintains contacts with management levels within and outside the company and at government agencies and with industry experts in accomplishing function or program objectives.

Financial Management Sets strategy and develops plans policies and processes for the accounting budgeting and where applicable charging of department resources and services including the definition of cost models and charging models; sets negotiates approves and manages all financial budgets and targets ensuring that there is adequate funding for department objectives and plans.

Resourcing Oversees workforce planning and resource strategy across multiple departments ensuring that there is adequate skilled resource to meet planned service delivery or department objectives; ensures integration with strategic human resource plans; responsible for recruitment development and demand forecasts for multiple departments.

Professional Development Determines organizational development needs in line with business needs and strategic direction of departments; generates development strategies to achieve required change; monitors progress and evaluates business benefits achieved.

Education/Experience/Certifications

Education Requires a bachelors degree in finance economics engineering math marketing or other related field or equivalent experience.

Experience Typically 12 or more years of progressive experience in energy trading derivatives marketing or bulk electronic and gas system management or related fields; management and

leadership experience required.

Competencies (Knowledge Skills Abilities)

Functional Competencies

Expert knowledge of the PGE organization business objectives and marketing capabilities and general electric utility operations with a focus on PGEs accounting business practices and compliance requirements.

Expert knowledge of Western electrical and natural gas grid supply and demand components along with all its assets

Expert knowledge of California Independent System Operator (CAISO) bidding and strategy

Expert knowledge of physical/financial gas trading fundamentals and dynamics

Advanced knowledge of operational capabilities of hydroelectric coal and natural gas plants physical and financial trading instruments in wholesale power and gas markets and the concept of commodity risk and evaluation

Expert skills in analyzing energy market conditions or trends

Expert ability to translate broad market information into a profitable trading strategy and to execute that strategy with an entrepreneurial and competitive perspective which assists PGE in actively trading in commodities and executing power transactions

Advanced ability to identify and communicate critical details of plant operations to origination trading and risk groups

General Competencies

Expert analytical thinking

Expert business acumen

Expert creativity and innovation skills

Expert decisionmaking skills

Expert influence skills

Expert knowledge of utility industry

Expert problemsolving skills

Expert risk management skills

Expert written/oral communication skills

Leader Practices

Drives Vision and Purpose

Business Insight

Strategic Mindset

Develops Talent

Manages Ambiguity

Physical and Cognitive Demands

Cognitive Level

Substantial: Consistent use of logic or scientific thinking to define problems collect information establish facts and draw valid conclusions (for example engineer HR director plant manager etc..

Cognitive

Ability to adhere to set response times deadlines and timesensitive tasks

Ability to follow accuracy standards

Ability to follow through on decisionmaking tasks

Ability to interact effectively and collaboratively within a team environment

Ability to communicate and problem solve when under stress

Ability to respond and adapt to frequent change

Ability to accept and demonstrate selfawareness when provided constructive feedback

Ability to discern feedback and acknowledge ownership of areas of improvement

Ability to avoid future mistakes by applying reasonable skills to new but similar work situations or tasks

Ability to successfully collaborate with peers managers and others within the organization

Ability to successfully demonstrates sound memory

Ability to process new information to be applied consistently to work tasks

Schedule/Attendance

Ability to work long hours

Ability to work a variable schedule

Ability to report to work and perform work during periods of severe inclement weather

Physical Capabilities

Driving/travel/commute: Daily within service territory Occasionally (one to two times a month or less)

Computer use (use computer regularly for entire work shift)

Environment Indoor

Office Hybrid 3 days per week in office

Compensation Range:

Actual total compensation including a performance based incentive bonus is commensurate with experience skills qualifications education training and internal equity. While we anticipate the selected candidate for this position will fall towards the middle or entry point of the compensation range the decision will be made on a casebycase basis.

PGE believes in rewarding dedicated performance. We provide a total rewards package that is designed to reward your contributions to the company and at the same time support your wellbeing and professional development both now and into the future. To find out more click here.

Join us today and power your potential!

Assisting with storms or other Company emergencies is a part of all positions at Portland General Electric.

PGE is committed to diversity and inclusion in the workplace and is an equal opportunity employer. PGE will not discriminate against any employee or applicant for employment based on race color national origin gender gender identity sexual orientation age religion disability protected veteran status or other characteristics protected by law.

PGE does not discriminate on the basis of disability. We recognize individuals have a variety of abilities to offer and we believe there is much to value and celebrate by incorporating different abilities into the work we do. One very important way we live this out is in our application and interview process. We work hard to support individuals who may need an accommodation to fully participate in these processes. If you feel you may need an accommodation or would like to request one please notify the Talent Acquisition Specialist (Recruiter) associated with the job posting. You may also make this request by contacting or by calling. The Recruiter will provide information and next steps for the accommodation process. Our Diversity Equity & Inclusion (DEI) team is also available for support. You can contact them at .

To be considered for this position please complete the following employment application by the posting close date. Posting closes at midnight (Pacific Time) on the closing date below. If no date is listed job is open until filled.