Real Time Trader II

APS (Arizona Public Service); Phoenix (AZ); On-site; USD 110,000 - 150,000; Full time

Job summary

Arizona Public Service seeks a Real Time Trader II to optimize energy sourcing in real-time by analyzing market conditions and choosing between internal generation, purchasing from other providers, or selling to others. You will monitor operations, support the gas desk, and ensure compliance with reliability and regulatory standards.

The role requires a quantitative degree, 3+ years energy market experience, strong communication, and the ability to work rotating shifts.

Qualifications

• Bachelor's degree in a quantitative, technical, or business-related field.
• Three years of related experience or equivalent education in energy markets or analytical environments.
• Proven verbal and written communication skills.
• Ability to analyze information and make decisions using quantitative reasoning.
• Proficiency with computer systems, databases, software applications, and related tools.
• Ability to work in a fast-paced, dynamic environment and rotate shifts.
• Must qualify on the gas desk within six months of hire.

Responsibilities

• Project system load requirements and commit economical APS resources.
• Monitor and analyze on-line generation to ensure adequate reserves.
• Maintain skills to operate Real Time positions and share knowledge with teammates.
• Analyze real-time market conditions; negotiate and purchase economical energy sources.
• Ensure interconnection agreements and guidelines are met.
• Document all transactions and communications accurately.
• Develop and present real-time marketing strategies to leadership.
• Represent APS professionally with other units and companies.
• Own the safe, reliable, and compliant shift culture and use tools to ensure timely communication.
• Ensure environment meets safety, proficiency, behavior, morale, and training standards.

Skills

Analytical thinking

Quantitative reasoning

Communication skills

Energy markets knowledge

Decision making

Fast-paced environment adaptability

Education

Bachelor's degree in quantitative/technical/business-related field

Tools

Energy trading systems

Job description

Arizona Public Service generates reliable, affordable and clean energy for 2.7 million Arizonans. As the state's largest and longest-serving energy provider, our more than 6,000 dedicated employees power our vision of creating a sustainable energy future for Arizona.

Summary

The Real Time Trader II ensures that APS customers are provided the most economical sources of energy by analyzing real-time market conditions and making decisions to purchase from other companies, generate internally, or sell to other utilities and marketers. Markets excess resources to other utilities, marketers or Energy Imbalance Market on a real time basis. Personally implement specific marketing strategies to negotiate sales and purchases on a real time basis to minimize APS bottom-line cost. Understand and execute all trading activities in compliance with Regulatory and Reliability standards and protocols.

Minimum Requirements

• Bachelor's degree in a quantitative, technical, or business-related field (e.g., engineering, mathematics, economics, finance, accounting, business administration)
• And three (3) years related experience or an equivalent combination of education and relevant experience, which may include hands-on work in energy markets, system operations, or a related analytical environment.
• Demonstrated verbal and written communication skills.
• Ability to analyze information and make sound decisions using quantitative reasoning.
• Proficiency with computer systems, databases, software applications, and related technology tools.
• Ability to perform effectively in a fast-paced, dynamic operating environment and work rotating shifts as required.
• Must successfully qualify on the gas desk within six months of hire.

Major Accountabilities

1) Continually project system load requirements and commit the most economical APS resources to meet customer requirements. Analyze daily system operations and take necessary follow-up actions to resolve problems.

2) Continually monitor and analyze on-line generation to ensure sufficient system operating reserves.

3) Remain proficient in all the skills necessary to operate any of the positions for Real Time operations. Share acquired skills with teammates to promote an environment of continual learning. Communicate to management the need for additional support and/or training when circumstances or skill sets warrant.

4) Analyze real-time market conditions; negotiate and purchase the most economical energy sources for the APS system.

5) Ensure interconnected system and associated power pool operating agreements, criteria and guidelines are met.

6) Provide complete and accurate documentation of all transactions, commitments, counterparty and Balancing Authority communications and events relating to the generation and marketing of APS Energy Resources. Ensures timely and accurate communications flow.

7) Personally develop and present real-time marketing strategies to Real Time leadership.

8) Represent APS and Resource Management in a professional manner. Demonstrate the ability to interact with other business units, and other companies in a respectful and positive manner.

9) Own the safe, reliable, and compliant culture of the shift. Utilize APS tools, including Human Performance tools, the Corrective Action Program (CAP), and anchor work practices that ensure accurate and timely communication. When checklists are used for tasks, verify correct use and completion.

10) Ensure all aspects of the work environment are met, including safe and compliant work practices, technical proficiency, respectful behavior, positive morale, training of others, crew harmony, and effective communication. Own the logs and ensure they reflect what occurred and what decisions were made on the shift.

Export Compliance / EEO Statement

This position may require access to and/or use of information subject to control under the Department of Energy's Part 810 Regulations (10 CFR Part 810), the Export Administration Regulations (EAR) (15 CFR Parts 730 through 774), or the International Traffic in Arms Regulations (ITAR) (22 CFR Chapter I, Subchapter M Part 120) (collectively, 'U.S. Export Control Laws'). Therefore, some positions may require applicants to be a U.S. person, which is defined as a U.S. Citizen, a U.S. Lawful Permanent Resident (i.e. 'Green Card Holder'), a Political Asylee, or a Refugee under the U.S. Export Control Laws. All applicants will be required to confirm their U.S. person or non-US person status. All information collected in this regard will only be used to ensure compliance with U.S. Export Control Laws, and will be used in full compliance with all applicable laws prohibiting discrimination on the basis of national origin and other factors. For positions at Palo Verde Nuclear Generating Stations (PVNGS) all openings will require applicants to be a U.S. person.

Pinnacle West Capital Corporation and its subsidiaries and affiliates ('Pinnacle West') maintain a continuing policy of nondiscrimination in employment. It is our policy to provide equal opportunity in all phases of the employment process and in compliance with applicable federal, state, and local laws and regulations. This policy of nondiscrimination shall include, but not be limited to, recruiting, hiring, promoting, compensating, reassigning, demoting, transferring, laying off, recalling, terminating employment, and training for all positions without regard to race, color, religion, disability, age, national origin, gender, gender identity, sexual orientation, marital status, protected veteran status, or any other classification or characteristic protected by law.

For more information on applicable equal employment regulations, please refer to EEO is the Law poster. Federal law requires all employers to verify the identity and employment eligibility of every person hired to work in the United States, refer to E-Verify poster. View the employee rights and responsibilities under the Family and Medical Leave Act (FMLA).

In compliance with the Drug Free Workplace Act of 1988, the Company is committed to a work environment that is free from the effects of alcohol and controlled substances, and free from the abuse or inappropriate use of prescribed and over-the-counter medications. The Company requires employees to be subject to drug and alcohol testing that is job-related and consistent with business necessity, regulatory requirements and applicable laws.

Onsite: Requires work to be performed in the field and/or at an APS facility. Depending on the responsibilities of the role, this may include, but is not limited to, working at a power plant, job site, or in the community.

• Employees are expected to reside in Arizona (or New Mexico for Four Corners-based employees).
• Role types are subject to change based on business need.