Senior Trading Analyst
Integrated Operations Center, United States
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Full Time Senior-level / Expert USD 118K - 197K
Portland General Electric
PGE Oregon is delivering a new kind of energy. One that energizes lives, strengthens communities and drives enhancements that promote social, economic and environmental progress. It’s an Oregon kind of energy. And it’s here for us all.At PGE, our work involves dreaming about, planning for, and realizing a smarter, cleaner, more enduring Oregon neighborhood. Its core to our DNA and we haven’t stopped since we started in 1888. We energize lives, strengthen communities and drive advancements in energy that promote social, economic and environmental progress. We’re always on the lookout for people passionate about leading and being a part of teams that are advancing innovative clean energy solutions that are also affordable and accessible to all.
As a Senior Trading Analyst, you will have the unique opportunity to optimize PGE's energy portfolio and make a positive financial impact in wholesale and organized energy markets. You will develop advanced trading strategies, conduct market modeling, and perform technical analysis to inform portfolio decisions. A successful candidate will have advanced knowledge of the electric utility industry and energy markets, coupled with exceptional analytical thinking skills and business acumen. This role offers the chance to shape PGE's energy future and contribute to sustainable power solutions for millions of customers across Oregon.
KEY RESPONSIBILITIES
Trading Analytics & Bidding Strategy - Independently works with traders and other analysts on developing trading strategy support to optimize PGE's energy portfolio and have a positive financial impact for PGE in the wholesale energy market. Analyzes financial profit and loss data from trading activities and assesses the impact on power costs. Identifies strategies for cost-effectively serving PGE's customer load. May use third-party tools to enable trading. Collects fundamental information for generation resources and load demand for electricity, natural gas , carbon and other commodities related to the bulk electricity market that impact the operation of commodity markets; conducts market sector or statistical analysis and interprets key market data elements into useful trading information. Develops and implements optimized bidding strategies for organized energy markets. Performs analysis on data sets that may require scripts, codes, languages, etc. Performs modeling and communicates with traders as well as stakeholders within PGE and outside of PGE. Uses advanced fundamental market analysis to inform portfolio strategy. Conducts regulatory research as necessary to support fundamental analysis and overall portfolio strategy. Technical analysis: Maintains and enhances the pricing database, including the addition of new pricing data and the creation of technical charts and analysis. Uses advanced technical analysis to inform portfolio strategy. Portfolio analysis: In the context of fundamental and technical analysis, originates portfolio trade recommendations that help identify new opportunities for trading.
Communications and Presentations - Prepares and distributes market update communications and presentations to internal stakeholders, which includes traders, management and executives; leads operating strategy with management, traders and executives as needed.
External Relations - Represents PGE in energy-related forums and meetings with other utilities and regulatory agencies to share/exchange information; works collaboratively with cross-functional teams in preparing, filing and presenting regulatory filings.
Regulatory Compliance - Leads, coordinates and supports PGE's interactions with external enforcement agencies; contributes to PGE's processes to demonstrate compliance and responses to audits; serves as company witness and subject matter expert in legal and rate-making testimony.
EDUCATION/EXPERIENCE/CERTIFICATIONS
Education
Bachelor's degree in mathematics, statistics, economics, finance, engineering, business and/or related field of study preferred.
Experience
Typically eight or more years in the energy industry or a related field. Experience in market trading and asset optimization.
COMPETENCIES (KNOWLEDGE, SKILLS, ABILITIES)
Functional Competencies
Advanced knowledge of the electric utility industry and electric energy markets, including trading, scheduling procedures, state and federal policies and regulations and underlying physical infrastructure and networks
Advanced knowledge of FERC regulatory and compliance requirements
Advanced statistical and numerical analysis skills
Advanced computer skills in using Microsoft Office (Excel, Word and PowerPoint) and analytics programs
Advanced knowledge of programming languages such as VB/VBA, C, Perl, MATLAB, Mathematica, Python, Java, SQL and other analytical tools
General Competencies
Advanced analytical thinking skills
Advanced business acumen
Advanced decision-making skills
Advanced interpersonal skills
Advanced presentation/facilitation skills
Advanced organization and prioritization skills
Basic team building skills
Advanced written and oral communication skills
PHYSICAL, COGNITIVE DEMANDS AND SCHEDULE/ATTENDANCE
Physical
Does the job require a valid driver's license? - No
Driving/travel/commute: Daily within service territory - Occasionally (one to two times a month or less)
Computer use (use computer regularly for entire work shift)
Cognitive Demands
Ability to adhere to set response times, deadlines and time-sensitive tasks
Ability to follow accuracy standards
Ability to follow through on decision-making tasks
Ability to interact effectively and collaboratively within a team environment
Ability to communicate and problem solve when under stress
Ability to respond and adapt to frequent change
Ability to accept and demonstrate self-awareness when provided constructive feedback
Ability to discern feedback and acknowledge ownership of areas of improvement
Ability to avoid future mistakes by applying reasonable skills to new but similar work situations or tasks
Ability to successfully collaborate with peers, managers and others within the organization
Ability to successfully demonstrates sound memory
Ability to process new information to be applied consistently to work tasks
Schedule/Attendance
Ability to adhere to pre-established schedule, including start/stop time and break/lunch schedule [typically for nonexempt positions, although some exempt positions may have an established start/stop time]
Ability to work long hours
Ability to work a variable schedule
Ability to report to work and perform work during periods of severe inclement weather
Ability to consistently meet attendance standards for regular, reliable, predictable, full-time attendance [for part-time positions, change to part-time attendance]
Ability to work on-call schedule
Environment
Office environment – Hybrid – 3 Days in Office
Compensation Range:
$118,425.00 - $197,375.00Actual total compensation, including a performance based incentive bonus, is commensurate with experience, skills, qualifications, education, training, and internal equity. While we anticipate the selected candidate for this position will fall towards the middle or entry point of the compensation range, the decision will be made on a case-by-case basis.
PGE believes in rewarding dedicated performance. We provide a total rewards package that is designed to reward your contributions to the company, and, at the same time, support your well-being and professional development, both now and into the future. To find out more, click here.
Join us today and power your potential!
Assisting with storms or other Company emergencies is a part of all positions at Portland General Electric.
PGE is an equal opportunity employer and is committed to fostering a workplace where employees feel connected, valued, and empowered to thrive. PGE will not discriminate against any employee or applicant for employment based on race, color, national origin, gender, gender identity, sexual orientation, age, religion, disability, protected veteran status, or other characteristics protected by law.
PGE does not discriminate on the basis of disability. We recognize individuals have a variety of abilities to offer and we believe there is much to value and celebrate by incorporating different abilities into the work we do. One very important way we live this out is in our application and interview process. We work hard to support individuals who may need an accommodation to fully participate in these processes. If you feel you may need an accommodation, or would like to request one, please notify the Recruiter associated with the job posting. You may also make this request by contacting talentacquisition@pgn.com or by calling 503-464-7250. The Recruiter will provide information and next steps for the accommodation process.
To be considered for this position, please complete the following employment application by the posting close date. Posting closes at midnight (Pacific Time) on the closing date below. If no date is listed, job is open until filled.
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