Energy Trader / Energy Trader Trainee

The following list represents some of the essential functions of the position. For more detailed information, including required knowledge, skills and abilities, please refer to the Job description for Energy Trader and Energy Trader Trainee.

• Plans, organizes, and conducts management and program analysis relating to energy issues; identifies problems, determines analytical techniques and statistical and information-gathering processes to obtain necessary information and data for analysis; analyzes alternatives and makes recommendations; discusses findings with management; prepares reports of results; develops implementation plans and assists in implementing policies and procedures; drafts reports, recommends policy change documents and presentation materials for management.
• Performs research and analysis to determine the potential business impacts and strategic actions necessary due to changes related to electricity/natural gas related product markets, legislative and regulatory changes.
• Evaluates, negotiates, and implements short-term power and gas trades; assists in the development of and implements long- term and day-ahead bidding strategies for local generation, imported generation and ancillary services.
• Forecasts near-term energy needs and market prices incorporating weather data and other variable factors affecting consumption and market prices; maintains and utilizes historical statistics; analyzes capacity, market trends, market pricing, usage and outage forecasts and storage capacity to develop trade strategies within established risk management guideline.
• Enters schedules and trades into the SoCal Gas Envoy system; monitors and communicates specifications of the trade/deal; monitors cuts and pipeline capacity and ensures appropriate matching; optimizes gas transports by negotiating and executing short-term purchases and sales; analyzes trading options and determines optimal usage of assets.
• Stays abreast of emerging trends and advancements in energy production and distribution technology, the legislative environment, and the energy market; attends and presents at conferences and industry events.
• Enters schedules and trades into California Independent System Operator (CAISO) SIBR system and a variety of local trade capture systems and databases; receives generation schedules, calculates hourly, daily and weekly share of output, enters data and develops next-day schedule profiles; prepares and submits a variety of templates and reports to CAISO including Resource Data Templates and Resource Adequacy plans.

• Cooperation And Collaboration
• Learning Agility / Proactive Thinking Skills
• Financial Acumen
• Attention to Detail
• Written Communication Skills
• Analytical Skills / Problem Solving
• Adaptability
• Technology Application Skills
• Negotiation Skills
• Critical Thinking Skills
• Strategic Ability

EDUCATION and EXPERIENCE
Energy Trader:

• At least five years of progressively responsible experience in trading in the California Independent System Operator (CAISO) or other Regional Transmission Organization (RTO) markets; or an equivalent combination of training and experience.
• Resource planning experience is highly desirable
• Graduation from an accredited four-year college or university with a major in engineering, computer science, business administration, finance, economics, a related field and

• Graduation from an accredited four-year college or university with a major in engineering, computer science, business administration, finance, economics or a related field; and
• Two years of experience in the water and power industry, preferably performing related analytical duties; or an equivalent combination of training and experience.

Must possess a valid California Class C driver's license and comply with the City's Motor Vehicle Safety Policy during the course of employment.
The incumbent in the Energy Trader Trainee position is in a training capacity. The maximum time for completion of training is two years. The incumbent may be terminated from employment at any time during the training period.
FLSA-Exempt

Effective January 1, 2013, new members to CalPERS or an agency with CALPERS' reciprocity or who have more than a six month break in service between employment in a CalPERS (or reciprocal) agency will be subject to the provisions of the Public Employees' Pension Reform Act of 2013 (PEPRA) and will receive the 2% @ 62 benefit formula.

Employees who are current members of CalPERS or an agency with CalPERS' reciprocity, or who have less than a six month break in service between employment in a CalPERS (or reciprocal) agency and employment with the City will be enrolled in the 2.5% @ 55 benefit formula.

All employees are required to pay the full employee contribution to CalPERS.
Click link below to review the City's excellent benefits package https://ww5.cityofpasadena.net/human-resources/employee-benefits/
The City is closed on alternate Fridays and most staff observe a 9/80 work schedule.