Real Time Energy Market Trader I (Cohort)
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Job Location:
White Plains, NY - USA
Monthly Salary:
$ 97000 - 133100
Posted on:
8 days ago
Vacancies:
1 Vacancy
Job Summary
Summary
NYPA is excited to announce an opportunity for a full-timeenergy industry professionalto join ourGeneration Resource Management (GRM) Cohort within the Energy Resource Management (ERM) Department. This position offers a unique professional development experience designed for early-career professionals with a minimum of two years of relevant experience or successfully completed energy/utility educational programs who are seeking to build advanced expertise in energy trading fuel management and power/gas market analytics.
The GRM Cohort includes a structured one-year skill development plan that provides comprehensive exposure to NYPAs GRM functions. Participants will complete four targeted learning modulesEnergy Trading Analytics Fuel Analytics Fuel Supply and Real-Time Tradingeach designed to build technical proficiency analytical capability and operational understanding through a combination of job shadowing practical exercises and formal training courses.
- Module 1: Energy Trading Analytics: Learn about NYISO/NYPA reporting requirements energy/capacity transaction submissions Regional Greenhouse Gas Initiative (RGGI) and TCC auctions Renewable Energy Credits (RECs) and generation bidding strategies.
- Module 2: Fuel Analytics:Develop skills in data analysis predictive modeling and performance measurement to optimize fuel usage and cost management. Become proficient in several software platforms including Commodity/Energy Trading and Risk Management (ETRM) DTN and S&P Platts.
- Module 3: Fuel Supply:Gain insight into fuel procurement strategies market fundamentals logistics and risk management techniques to optimize NYPAs fuel supply portfolio.
- Module 4: Real-Time Trading:Learn NYISO real-time market operations generation bidding procedures and compliance requirements while also gaining exposure to several software platforms including but not limited to NYISO MIS NYISO OMS PowerOptix ERM Energy Trading Portal Yes Energy and Enverus.
The cohort includes cross-departmental training opportunities site visits and professional development sessions to foster a comprehensive understanding of NYPAs mission and operations. This is a permanent full-time position not an internship. Upon successful completion of the GRM Cohort participants will have the opportunity to be placed in area of immediate need or where GRM management feels support is required in an area such as power trading analytics or fuel supply. Graduates of the cohort will be well-prepared to engage in the power and natural gas markets which includes the capability to manage generator assets using NYISO software platforms covering fuel source energy ancillary services and capacity. #LI-LD1
Responsibilities
- Execute daily functions required by NYISO as an LSE Power Supplier Transmission Customer & Market Participant
- Develop monitor adjust bids/schedules and forecasts to ensure adherence to strategy fuel management constraints contractual obligations & appropriate governance
- Review and analyze market conditions to develop & submit bids for all NYPA assets/portfolios on hourly/daily/forward basis
- Manage NYPA trading tools as appropriate to reduce NYPA exposure to market volatility
- Stay current with NYISO procedures market issues and reports.
Knowledge Skills and Abilities
- Familiar with Wholesale Electricity Market Fuel Markets and/or associated Financial products.
- Basic business statistical financial analytical and reasoning skills
- Strong analytical and communication skills
- Able to adapt multitask and work under pressure
Education Experience and Certifications
- Bachelors degree or required
- Minimum of 2 years of related experience in an analytical role or equivalent combinations of education & experience.
- Utility or Energy Company experience preferred
Physical Requirements
Real Time Traders ability to work a 24/7 12-hour rotation holidays and weekends.
The New York Power Authority is committed to providing fair competitive and market-informed compensation. The estimated salary range for this position is: $97000- $133100. The salary offered will be determined based on the successful candidates relevant experience knowledge skills and abilities.
The New York Power Authority and Canal Corporation believes that diversity equity and inclusion drive our success and we encourage women people of color LGBTQIA individuals people with disabilities members of ethnic minorities foreign-born residents and veterans to apply. As an equal opportunity employer NYPA/Canals is committed to building inclusive innovative work environments with employees who reflect communities across New York and enthusiastically serve them. We proudly celebrate diversity and do not discriminate based on race/color creed/religion national origin citizenship or immigration status age disability military status gender/sex sexual orientation gender identity/expression pregnancy and related conditions familial/marital status domestic violence victim status predisposing genetic characteristics arrest/criminal conviction record or any other category protected by law.
NYPA/Canals will also provide reasonable accommodations during the hiring process related to candidates disabilities pregnancy-related conditions religious observances/practices and/or domestic violence concerns. To request an accommodation please email.
Key Skills
- Business Development
- Electrical Engineering
- Management Experience
- HVAC
- Territory Management
- Project Management
- Quality Control
- Contract Management
- Budgeting
- Program Development
- Public Speaking
- Contracts
