Senior Portfolio & Market Operations Manager

NCPA; Roseville (CA); On-site; USD 180,000 - 240,000; Full time

Job summary

The Northern California Power Agency (NCPA) is seeking an experienced energy professional to serve as the Manager of Portfolio and Pool Administration within its Power Management Division. This role leads a team responsible for forecasting, pre-scheduling, portfolio management, and market operations across NCPA's membership and resource owners.

Key duties include developing procurement plans, overseeing CAISO participation, optimizing portfolios, budgeting, and ensuring regulatory compliance,

Qualifications

• Eight+ years of progressively responsible experience in electric utility operations or wholesale energy markets.
• Demonstrated leadership and project-management experience.
• Experience with portfolio management, resource planning, energy procurement, forecasting, and analytics.

Responsibilities

• Lead, supervise, coach, and develop a team of energy professionals responsible for forecasting, pre-scheduling, portfolio management, procurement, and market-related activities.
• Develop and oversee procurement plans, budgets, load/resource balances, and portfolio strategies supporting NCPA members and resource owners.
• Direct and oversee NCPA participation in applicable CAISO and regional wholesale electricity markets, including bidding, scheduling, resource optimization, capacity and ancillary service products, and congestion management.
• Provide oversight of day-ahead and real-time market activities, pre-scheduling, resource scheduling, and associated operational planning.
• Develop and oversee portfolio optimization strategies that balance reliability, cost, market opportunities, regulatory requirements, operational constraints, and financial risk.
• Direct load, market-price, hydrologic, and resource forecasting activities and ensure analytical tools and methodologies provide reliable decision support.
• Oversee Congestion Revenue Rights and other activities used to manage transmission congestion and market exposure.
• Direct energy and natural gas procurement activities within delegated authority and applicable NCPA risk-management requirements.
• Oversee natural gas transportation, balancing, aggregation, and related portfolio-management activities.
• Lead development of annual and periodic budgets, review budget-to-actual performance, and communicate material financial risks and variances.
• Ensure appropriate systems, models, procedures, internal controls, and analytical tools are available to support the group's responsibilities.
• Promote automation, process improvement, data quality, and effective use of technology.
• Monitor developments in CAISO and regional market design and evaluate potential operational, financial, and portfolio impacts on NCPA and its members.
• Serve as a technical and business resource to NCPA members regarding portfolio positions, market conditions, procurement strategies, resource optimization, forecasting, congestion exposure, and wholesale market participation.
• Translate complex market, operational, regulatory, technical, and financial information into clear and actionable information for members, management, and other stakeholders.
• Coordinate closely with other Power Management groups and Agency departments on activities and initiatives that cross organizational boundaries.
• Ensure activities comply with applicable laws, regulations, contracts, market rules, Agency policies, risk-management requirements, and established procedures.
• Represent NCPA, as assigned, in meetings with members, market organizations, counterparties, industry groups, governmental entities, consultants, and other stakeholders.

Skills

Leadership

Forecasting

Portfolio management

CAISO market ops

Procurement

Budgeting / financial analysis

Regulatory compliance

Team development

Education

Bachelor's degree in Engineering, Economics, Finance, Business, Mathematics, Energy, or related field

Master's degree in related field desirable

Tools

CAISO market systems

Forecasting software

Excel / data tools

Job description

The Northern California Power Agency (NCPA) is seeking an experienced energy professional to serve as the Manager of Portfolio and Pool Administration within its Power Management Division. This role leads a team responsible for forecasting, pre-scheduling, portfolio management, and market operations across NCPA's membership and resource owners.

Key duties include developing procurement plans, overseeing CAISO participation, optimizing portfolios, budgeting, and ensuring regulatory compliance,