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Customer Supply Portfolio Trader I

NEW YORK POWER AUTHORITY
Posted a month ago, valid for 19 days
Location

White Plains, NY, US

Salary

$99,000 - $124,000 per year

Contract type

Full Time

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Summary

The Customer Load Management (CLM) Supply Portfolio Trader may work in various distinct areas including short-term load forecasting, New York Independent System Operator (NYISO) energy bidding/transacting, energy reconciliation, long-term forecasting, load research, load evaluations, Capacity/UCAP forecasting, NYISO ICAP/UCAP bidding/transacting, energy and capacity reconciliation, and various market and customer load related analytics and market bidding.  

 

Within these areas, the CLM Trader performs, assists and/or supports the critical functions necessary for the success of the group and its stakeholders.  The CLM Trader must understand the fundamentals of customer tariffs and contracts for developing comprehensive, dynamic, and static forecasts of demand, energy, capacity and coincidence peak loads, as well as production sales delivery and transacts NYISO-related bids and bilaterals for all NYPA’s supply customers as well as enterprise-wide stakeholders.  The CLM Trader manages all the energy and capacity transactions within the NYISO marketplace and serves as the authoritative source for all supply-customer load and capacity related data associated with the transactions.  The CLM Trader must have strong analytical skills to support autonomous decision making, must be prepared to articulate and defend their analytics behind the decisions; they must also manage and perform all the customer load-related reporting needs for the enterprise.  They are considered the subject matter experts on all aspects related to wholesale market and retail customer load forecasting and Load Serving Entity (LSE) transactions. 

 

Some additional responsibilities: 

    • Participate in an on‑call rotation (typically every 4–5 weeks, or as required by business needs) to provide after‑hours support, monitoring forecast and scheduling variances over weekends or holidays due to changes in weather or anomalous load‑shifting events.
    • Revise forecasts and adjust NYISO schedules in response to unexpected customer outages or load‑reduction events that create significant variances.
    • Communicate with third parties to confirm bilateral transactions that are pending second‑party confirmation with the NYISO.

Responsibilities

  • Execute daily functions required by NYISO as an LSE, Power Supplier, Transmission Customer & Market Participant 
  • Develop, monitor, adjust bids/schedules and forecasts to ensure adherence to strategy, fuel management constraints, contractual obligations & appropriate governance
  • Review and analyze market conditions to develop & submit bids for all NYPA assets/portfolios on hourly/daily/forward basis
  • Manage NYPA trading tools as appropriate to reduce NYPA exposure to market volatility
  • Stay current with NYISO procedures, market issues and reports.
     

Knowledge, Skills and Abilities

 

  • Familiar with Wholesale Electricity Market, Fuel Markets and/or associated Financial products.
  • Basic business, statistical, financial, analytical and reasoning skills
  • Strong analytical and communication skills 
  • Able to adapt, multitask and work under pressure
     

Education, Experience and Certifications

 

  • Bachelor's degree or required
  • Minimum of 2 years of related experience in an analytical role or equivalent combinations of education & experience. 
  • Utility or Energy Company experience preferred

Physical Requirements

Customer Load Management

  • Role requires travel between various NYPA/customer locations, when necessary, approximately 10 times per year.
  • Must be available for “on call” rotation.


 

The New York Power Authority is committed to providing fair, competitive, and market-informed compensation. The estimated salary range for this position is: $99,000 - $124,000. The salary offered will be determined based on the successful candidates’ relevant experience, knowledge, skills, and abilities.

 

The New York Power Authority and Canal Corporation believes that diversity, equity, and inclusion drive our success, and we encourage women, people of color, LGBTQIA+ individuals, people with disabilities, members of ethnic minorities, foreign-born residents and veterans to apply. As an equal opportunity employer, NYPA/Canals is committed to building inclusive, innovative work environments with employees who reflect communities across New York and enthusiastically serve them. We proudly celebrate diversity and do not discriminate based on race/color, creed/religion, national origin, citizenship or immigration status, age, disability, military status, gender/sex, sexual orientation, gender identity/expression, pregnancy and related conditions, familial/marital status, domestic violence victim status, predisposing genetic characteristics, arrest/criminal conviction record or any other category protected by law. 
 
NYPA/Canals will also provide reasonable accommodations during the hiring process related to candidates’ disabilities, pregnancy-related conditions, religious observances/practices and/or domestic violence concerns.  To request an accommodation, please email accessibility@nypa.gov. 




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