Trader, Real Time - Military Veterans
at Avangrid
Base salary for this position is dependent upon experience and location:
Salary: $83,804.00 to $104,756.00
Location: Portland, Oregon - (5 days in the office required)
The role of the Real Time Energy Trader is performed in teams of 3 while working on a 12-hour rotating shift basis. This includes nights, weekends and holidays as the energy market is always operating and in need of operational support. A Real Time Trader negotiates wholesale sales and purchases of physical energy in the hourly markets, coordinates generation operations with dispatch personnel, procures transmission reservations, schedules energy flow by issuing digital E-tags. Traders are responsible to record deals in a timely manner, maintain a physical position through trading software, communicate with forecasting and reliability dispatch as well as maintain a general level of awareness around the company's generation assets.
Key Responsibilities
- Negotiate transactions to financially optimize corporate assets including wind, solar, biomass and thermal generation.
- Capture locational pricing spreads by utilizing transmission to link markets across various interconnects.
- Manage day-ahead positions as they flow into the hourly market.
- Provide market pricing and trends to adjacent groups in the organization.
- Create NERC E-tags, purchase transmission via OASIS and capture transactions accurately in Avangrid's energy management system.
- Represent yourself and the organization as a whole in a professional manner at all times.
- Facilitate training while working on shift and collaborate with teammates in the process.
- Find effective ways to execute your obligations while working over nights, weekends and holidays.
- 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.
- Trade physical power across the eastern US to maximize profitability.
- Execute contractual obligations to deliver REC's to various counterparties.
Additional Responsibilities
- Provide insight into the characteristics of the hourly market to adjacent groups.
- Take personal responsibility for your own career development and expanded industry knowledge.
- Interact with plant personnel, traders, and system operators.
- Adhere to effective internal business and industry controls.
- BA/BS degree in mathematics, business, finance, economics, or engineering or the equivalent combination of education and experience.
- Solid understanding of commodity pricing and delivery patterns.
- Ability to self-motivate and create opportunities.
- PC proficiency and experience with automated tools that support trading activity.
- Understanding of how the physical electrical grid works in the United States.
- Ability to independently function in fast paced deadline dependent environment. Must be performance driven, self-motivated and proactive with demonstrated communication and interpersonal skills.
- Ability to thrive while working 12-hour shifts that rotate around days, nights, weekends and holidays.
- Ability to model intra-day and next day pricing and load to devise strategies.
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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.\nIf 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
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 to employees 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
Job Posting End Date:
December-31-2024
Portland, OR
AVANGRID, Inc. (NYSE: AGR) is a leading, sustainable energy company with $32 billion in assets and operations in 24 U.S. states. AVANGRID has two primary lines of business: Avangrid Networks and Avangrid Renewables. Avangrid Networks owns eight electric and natural gas utilities, serving 3.2 million customers in New York and New England. Avangrid Renewables owns and operates 7.1 gigawatts of electricity capacity, primarily through wind power, with a presence in 22 states across the United States. AVANGRID employs approximately 6,500 people. AVANGRID supports the U.N.’s Sustainable Development Goals and was awarded Compliance Leader Verification by Ethisphere, a prestigious third party verification of its ethics and compliance program.