Short Term Trading & Operations Analyst ( I, II or III )

Job Description: Job Opening ID 12324 Location Service Building-Wenatchee Full/Part Time Full-Time Regular/Temporary Regular LIVE, WORK AND PLAY! Chelan County PUD is located in the geographical center of Washington State at the confluence of the Columbia and Wenatchee rivers. A public power leader, the complex and progressive nature of PUD operations offer a unique mix of challenges and opportunities. We rely on the mighty Columbia River for much of our hydropower generation and we're proud to take a leadership role in environmental stewardship as related to this great river system. Each year we dedicate millions of dollars and thousands of work hours to protect and enhance fish, wildlife and plant ecosystems. As part of hydropower operations, we've also built 14 parks that serve more than 3 million visitors each year. Rated by Forbes in 2017 and 2019 as one of the top 25 places to retire, Wenatchee is a recreational paradise with an abundance of adventure. The natural scenic beauty of the Wenatchee Valley provides a vivid backdrop to its thriving economy, where the quality of life is high and the climate is moderate with four distinct seasons, including more than 200 days of sunshine! We are a small town to some and big city to others. We invest in our children and believe that education is the key to our future success. We live a life of abundant choices and enjoy water sports on the Wenatchee and Columbia rivers, hiking, biking, rock climbing and unlimited golfing. Downhill and cross-country skiing are just minutes away. The area is also known for producing quality wines. Consider Chelan PUD as a career choice today! The community is waiting for you. Chelan PUD is an Affirmative Action/Equal Opportunity Employer and values diversity at all levels of its workforce. M/F/Vet/Disabled APPLICATION MATERIALS Applicants are required to submit a combined cover letter and resume in one PDF document. Your cover letter must summarize your education and experience as it relates to the Short Term Trading & Operations Analyst role. Incomplete materials will not be considered. This position is OPEN UNTIL FILLED and applicants are encouraged to apply immediately. The first review date for application materials is scheduled for May 13. SALARY RANGE Short-Term Power Trading Analyst I: The starting salary range for this position is $83,280 - $104,100 (based on qualifications). With tenure and strong performance in this role an employee may earn up to a maximum of $124,920, annualized. Short-Term Power Trading Analyst II: The starting salary range for this position is $94,800 - $118,500 (based on qualifications). With tenure and strong performance in this role an employee may earn up to a maximum of $142,200, annualized. Short-Term Power Trading Analyst III: The starting salary range for this position is $119,200 - $149,000 (based on qualifications). With tenure and strong performance in this role an employee may earn up to a maximum of $178,800, annualized. Introductory Period: New employees holding regular positions must complete an introductory period of twelve months. BENEFITS In addition to competitive wages Chelan PUD employees also enjoy outstanding benefits which include zero cost employer funded medical, dental, and vision healthcare benefits, access to the employee assistance program, a VEBA health reimbursement account, and long-term care. Washington state retirement PERS participation and optional 457 plan participation with an employer matching 401(a) plan. Leave, life & disability benefits including paid leave starting at 21 days per calendar year up to 35 with tenure, 11 paid holidays per calendar year, paid jury duty, short-term disability & long-term disability, and basic life, AD&D, and optional voluntary life. The work life benefits include optional flexible spending accounts for healthcare and dependent care, educational assistance, various rewards and recognition programs and position specific stipends. This position will be filled at the I, II, or III level, contingent on the experience level of the selected applicant. Short-Term Power Trading & Operations Analyst I Overview The Short-Term Power Trading & Operations Analyst I performs day ahead trading, scheduling, and implementation of the District's real-time contract to facilitate and optimize the District's real-time contract and short term trading. This position is also responsible for real-time services contract administration and management, market and resource analysis and monitoring and advising slice contract purchasers. This is the entry level position for this job family - the first of 3 levels of Short-Term Power Trading & Operations Analysts. Short-Term Power Trading & Operations Analyst II Overview The Short-Term Power Trading & Operations Analyst II performs day ahead trading, scheduling, and implementation of the District's real-time contract to facilitate and optimize the District's real-time contract and short term trading. This position is also responsible for real-time services contract administration and management, market and resource analysis, and monitoring and advising slice contract purchasers. This is the mid-level for this career path - Level II of three levels of Short-Term Power Trading & Operations Analysts. Short-Term Power Trading & Operations Analyst III Overview The Short-Term Power Trading & Operations Analyst III performs day ahead trading, scheduling, and implementation of the District's real-time contract to facilitate and optimize the District's real-time contract and short term trading. This position is also responsible for real-time services contract administration and management, market and resource analysis, and monitoring and advising slice contract purchasers. This position is the most senior level position for this career track - the top of three levels of Short-Term Power Trading & Operations Analysts. Short-Term Power Trading & Operations Analyst I Responsibilities Trading-- Executes short term (daily, balance-of-the-month) power transactions and purchases transmission as necessary, to optimize revenue and meet load within the constraints of the system and in accordance with the District's risk management and credit policies with some oversight. Reviews paper pond balances and other constraints in order to monitor and minimize spill at projects. Assists and supports in monitoring power contracts and all provisions in the contracts to maximize revenues. Records, schedules and monitors all power and transmission transactions in the transaction management system. Performs checkout of net interchange schedules with all adjacent control areas, trouble-shooting and correcting any discrepancies as necessary. Performs real-time services contract administration and management. With direction, meets all contract objectives while meeting all applicable standards. Shares information and receives feedback. Assists in the resolution of events/issues that are not specifically covered under real-time services contract. Creates and captures the daily settlement in the District's transaction management systems. Reviews daily operations and activities to ensure value capture, maintenance of reliability, and contractual obligations. Market & Resource Analysis--Performs basic market and resource analysis to create and evaluate strategies to optimize the value of the District's resources and contracts. Assists with monitoring river flows, weather and load forecasts, reservoir storage, fish operations, wind generation, and unit outages. Also, assists with monitoring Columbia River system constraints, District resources, regional energy market conditions, and regional grid operations. Assists with the preparation of water forecasts and monitoring operations at Grand Coulee. Monitors, and advises Chelan’s hydro project purchasers--Supports slice purchasers in the real-time environment and ensures counterparties adhere to contract obligations and limitations. Knowledge of operational guidelines and instructions for purchasers on systems and tools to manage their obligations. Ensures compliance with operational requirements. Internal & External Relationships-Supports communications and relationships with internal departments, project operations, system operations, fisheries, and risk to effectively manage resources and obligations. Maintains and establishes relationships with external personnel as required to facilitate the success of the District's energy Planning and trading activities. Attends at regional forums and reports content to supervisor. Real-time contingency planning-Knowledge of documents, information, tasks, and procedures necessary to facilitate real-time processes and activities. Ability to use the real-time contingency plan to ensure a timely response to any disruptive or extended interruptions of normal business operations and to minimize District losses. Performs tests on the real-time contingency plan. Maintain regular and predictable attendance: Perform related duties and responsibilities as required. Comply with District policies. Complete all required training. Maintain a working knowledge and comply with District safety procedures and specific safety requirements of this position, and those in accordance with applicable provisions of the Revised Code of Washington (RCW) and Washington Administrative Code (WAC). Short-Term Power Trading & Operations Analyst II Responsibilities Trading-- Executes short term (daily, balance-of-the-month) power transactions and purchases transmission as necessary, to optimize revenue and meet load within the constraints of the system and in accordance with the District's risk management and credit policies. Reviews paper pond balances in order to monitor and minimize spill at projects. Monitors power contracts and all provisions in the contracts to maximize revenues. Records, schedules and monitors all power and transmission transactions in the transaction management system. Performs checkout of net interchange schedules with all adjacent control areas, trouble-shooting and correcting any discrepancies as necessary. Performs real-time services contract administration and management. Supports and coordinates with real-time services provider to meet all contract objectives while meeting all applicable standards. Facilitates information sharing and feedback. Resolves events/issues that are not specifically covered under real-time services contract. Creates and captures the daily settlement in the District's transaction management systems. Reviews daily operations and activities to ensure value capture, maintenance of reliability, and contractual obligations. Market & Resource Analysis--Performs market and resource analysis to create and evaluate strategies to optimize the value of the District's resources and contracts. Assists with monitoring river flows, weather and load forecasts, reservoir storage, fish operations, wind generation, and unit outages. Also, develops inflow forecasts and monitors Columbia River system constraints, District resources, regional energy market conditions, and regional grid operations. Prepares water forecasts and monitoring operations of other hydro projects, as assigned. Monitors, trains, and advises Chelan’s hydro project purchasers -- Supports slice purchasers in the real-time environment and ensures counterparties adhere to contract obligations and limitations. Reviews operational guidelines and instructions and trains slice purchasers on systems and tools to manage their obligations. Ensures compliance with operational requirements. Internal & External Relationships-Coordinates communications and relationships with internal departments, project operations, system operations, fisheries, and risk to effectively manage resources and meet obligations. Maintains and establishes relationships with external personnel as required to facilitate the success of the District's energy Planning and trading activities. Represents the District at regional forums and reports content to supervisor. Real-time contingency planning--Maintains and documents, information, tasks, and procedures necessary to facilitate real-time processes and activities. Apply the real-time contingency plan to ensure a timely response to any disruptive or extended interruptions of normal business operations and to minimize District losses. Performs tests on the real-time contingency plan and provides supervisor or level III feedback on plan improvements. Maintain regular and predictable attendance: Perform related duties and responsibilities as required. Comply with District policies. Complete all required training. Maintain a working knowledge and comply with District safety procedures and specific safety requirements of this position, and those in accordance with applicable provisions of the Revised Code of Washington (RCW) and Washington Administrative Code (WAC). Short-Term Power Trading & Operations Analyst III Responsibilities Trading-Develops strategies and executes short term (daily, balance-of-the-month) power transactions and purchases transmission as necessary, to optimize revenue and meet load within the constraints of the system and in accordance with the District's risk management and credit policies. Reviews paper pond balances in order to monitor and minimize spill at projects. Monitors power contracts and all provisions in the contracts to maximize revenues. Records, schedules and monitors all power and transmission transactions in the transaction management system. Performs checkout of net interchange schedules with all adjacent control areas, trouble-shooting and correcting any discrepancies as necessary. Complex real-time services contract administration and management - Acts as a liaison for the District's real-time services provider and other District planning and trading staff. Coordinates with real-time services provider to meet all contract objectives while meeting all applicable standards. Facilitates and promotes information sharing and feedback. Proposes solutions and resolves events/issues that are not specifically covered under real-time services contract. Creates and captures the daily settlement in the District's transaction management systems. Reviews daily operations and activities to ensure value capture, maintenance of reliability, and contractual obligations. Market & Resource Analysis--Performs advanced market and resource analysis to create and evaluate strategies to optimize the value of the District's resources and contracts. Monitors river flows, weather and load forecasts, reservoir storage, fish operations, wind generation, and unit outages. Also, develops inflow forecasts and monitors Columbia River system constraints, District resources, regional energy market conditions, and regional grid operations. Prepares water forecasts and monitoring operations of other hydro projects, as assigned. Internal & External Relationships--Coordinates with i