Real Time Trader Associate

APS

  • Phoenix, AZ
  • Training
  • Full-time
  • 2 months ago
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.SummaryThe Real Time Trading Associate will assist the more senior Real-Time Trader to ensure that APS customers are provided with the most economical sources of energy by analyzing short-term market conditions and company generating resources. The Associate will be limited to making energy purchases and sales under the direction of the Real-Time Trader and Real-Time Trader Senior levels. Assist in the implementation of approved marketing strategies in real-time to maximize APS' bottom line profit. Understand and execute all trading activities in compliance with Regulatory and Reliability standards and protocols. Purchase and sell intraday natural gas for the system, when needed, to ensure significant imbalances do not occur. Manage gas storage and assists Traders in arbitrage opportunities.Minimum Requirements
  • BS/BA degree in business, economics, engineering, or related field and related work experience or related experience obtained through an internship, or an equivalent combination of education and experience.
  • Qualified on all 3 trading floor desks (Gas, EIM, Power) within 1 year of hire, as well as M&T University or previously qualified with equivalent experience.
  • Demonstrated effective verbal and written communication skills.
  • Ability to perform under stress in a dynamic environment.
  • Ability to make analytical decisions utilizing mathematical skills.
  • Ability to utilize a computer and associated data bases, software, hardware.
  • Ability to work rotating shifts.
Major Accountabilities1) Project system load requirements and commit the most economical APS resources to meet customer demand as directed.2) Analyze market conditions and as directed, purchase/sell energy to meet system needs, create customer savings, and produce margin.3) Negotiate sales of energy as directed to other utilities and marketers in a real time competitive market environment as directed.4) Continually review/comply with all Regulatory (ACC/FERC) and Reliability requirements (NERC/WECC/SRSG).5) Continually monitor and analyze on-line generation to ensure sufficient system operation reserves are maintained.6) Ensure that interconnected system and associated operating agreements, criteria and guidelines are met.7) 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.8) Implement an optimum gas supply strategy program which maximizes supply at the most cost effective level.9) Negotiate cash market gas purchases and sales.Export Compliance / EEO StatementThis 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.Hybrid: Employees in hybrid roles work both in their home offices (virtually) and alongside their colleagues (in person).In order for employees to build strong relationships and to promote meaningful in-person interactions, hybrid employees are expected to work about 40% of their time in-person at an APS or other (non-home office) location.*Employees are expected to reside in Arizona (or New Mexico for Four Corners-based employees).*Working from a home office requires adequate technology and an appropriate ergonomic set up.*Role types are subject to change based on business need.

APS