- Employee Type FT Exempt
- Required Degree 4 Year Degree
What You Will Do
Lancium is seeking an organized, detail-oriented associate to join its Power Team. Reporting to the EVP, Power, the Power Operations Associate will support Lancium's retail power operations in ERCOT, with a focus on regulatory compliance, customer reporting, and process documentation. No prior ERCOT experience is required, and training will be provided.
In this role, you will:
- Maintain the compliance calendar, prepare recurring regulatory filings, and route them for signature.
- Keep the REP Register, regulatory contact records, and filing records up to date.
- Produce the monthly market intelligence report and upload monthly invoices and reports to customer portals.
- Gather data for quarterly customer scorecards and keep customer handbooks current.
- Run monthly settlement dashboard checks and flag discrepancies for review.
- Help write and refine Standard Operating Procedures (SOPs) for recurring compliance, reporting, and settlement work.
- Track action items from team meetings.
- Help define requirements for internal dashboards and reporting tools, and work with the Software Development Team to test them before release.
- Provide data pulls, analysis, and presentation materials for the Power Team.
- Learn how customers manage ERCOT price risk and support hedge requests as needed.
What You Will Achieve in Your First Year
- Deliver Compliance Readiness: You will have taken ownership of the compliance calendar, prepared recurring filings ahead of their deadlines, and kept complete filing records.
- Deliver Reliable Customer Reporting: You will have produced the monthly market intelligence report and completed monthly customer uploads accurately and on time.
- Advance Our Standard Operating Procedures: You will have documented recurring compliance, reporting, and settlement work so that another team member can run it from the procedure.
- Build Market Knowledge: You will have developed a working knowledge of ERCOT settlements and the Texas retail electricity market through hands-on work with the Power Team.
What We Want From You
- Bachelor's degree in a quantitative field such as Engineering, Accounting, Finance, or Economics.
- Zero to three years of relevant work experience.
- Proficiency in Microsoft Office, including Word, PowerPoint, and advanced Excel skills.
- High attention to detail and accuracy.
- Ability to work independently and manage multiple projects simultaneously.
- Excellent written and verbal communication skills.
- Comfortable using AI tools such as GitHub Copilot and checking their output for accuracy.
- Demonstrated enthusiasm for continuous learning and a strong interest in the energy sector.
Preferred Qualifications
- Coursework or experience in energy, utilities, power markets, or regulatory compliance.
- Familiarity with ERCOT, the PUCT, or the Texas retail electricity market.
- Experience with Python, SQL queries, Metabase, Power BI, or other data analysis and visualization tools.
- Experience writing procedures or supporting a compliance, reporting, or operations function.
What We Will Provide
Our benefits and perks add to a total rewards experience for our employees that foster a supportive, flexible, and inclusive environment. Current full-time employee benefit offerings include:
- Employer-subsidized health, dental, and vision benefits
- $50,000 of basic term life insurance coverage paid for by Lancium, as well as 100% of short-term disability premiums. Additionally, we provide options for additional life insurance coverage for employees, their spouses, and children. Employees also have the option to enroll in long-term disability coverage (LTD) at their own expense.
- Medical and Dependent Care Flexible Spending Accounts, Limited Purpose Flexible Spending Accounts, and Health Savings Accounts (with employer contribution; $400 employee only coverage, $700 for all other tiers of enrollment in our HDHP).
- Flexible (Unlimited) Time Off
- Paid parental leave
- 11 paid holidays
- Fidelity safe-harbor 401(k) with 100% match up to 4%