Arizona Public Service Energy Trading Contract Administrator in PHOENIX, Arizona
Energy Trading Contract Administrator
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Date: May 13, 2022
Location: PHOENIX, AZ, US, 85004-3903
Our employees are important to the success and future of our organization and our customers’ experiences. At APS, our pay and benefits, along with retirement, recognition, time off, career development and well-being, make up our Total Rewards program. It is an important part of the employee experience at APS and supports your personal well-being and professional satisfaction. We are committed to providing programs that matter to our employees throughout all life and career phases.
Energy Trading Contract Administrator - Participates in contract negotiations and ongoing contract administration/management in support of Resource Management procurement activities with respect to physical and financial energy and natural gas transactions.
What your day would be like:
Prepare trade confirmations and provides comprehensive commercial/contracting support to traders while promoting compliance with Company policies.
Responsible for identifying and assisting in the mitigation of financial, market, credit, and legal risks.
Maintain industry-standard contract documents and manages internal contract database.
Ensure ongoing completeness and accuracy of counterparty and contract records in accordance with Company retention policies.
Update processes and guidelines as they relate to Resource Management contract administration and liaises with internal stakeholder/support groups (e.g., accounting, legal, risk, etc.).
BS degree in Business or Law, or related fields
PLUS minimum of four (4) years experience in commercial contracting and/ or utility environment (or equivalent combination of education and related experience).
Demonstrated knowledge and abilities in negotiation methods and techniques, contract law, business law application, and accounting and auditing practices and principles.
Excellent human relation skills, communication skills both oral and written to present complex information in a clear and understandable manner, through knowledge of contract law and application.
Thorough technical understanding and working knowledge of utility principles preferred.
Ensure consistency and adherence to company contracting policies by providing direction and assistance in Contract Administration to user and leadership.
Prepare and modify master trading agreements and confirmations for power, natural gas and derivative transactions.
Assist in negotiations of complex, multi-million dollar energy contracts; recommend and implement specific courses of action to meet internal and external customer needs.
Prepare contracts in a logical format, addressing all key terms and conditions.
Resolve proposed exceptions to the standard contract provisions, pre-approved by Law Department.
Prepare supporting documentation that clearly presents the logic for decisions made in the contract negotiation process in coordination with other supporting departments.
Develop and implement technically, politically, and legally correct contracting language and terms, thereby reducing the company's risk/liability and contracting in the most economical manner.
Support the development and implementation of standard contracting terms for energy trading, thereby reducing the company's risk/liability.
Establish & maintain strong partnerships with Legal, Resource Management, and Finance and Accounting to meet APS Energy Risk Management Guidelines.
Analyze, interpret, and negotiate complex contract disputes and settlements, maintaining Companys best interest at all times.
Export Compliance / EEO Statement
This 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).
Arizona Public Service is a smoke free workplace.
This position is not required to be performed at a specific APS facility as long as adequate technology and a solid ergonomic set up are present. Pending agreement with leadership, employees hired into this role will be able to choose where they prefer to perform their work. Employees will have two options to choose from:
APS office based: The employee prefers to work most of the time from an APS facility.
Home based: The employee prefers to work most of the time from his/her home.
*Employees in Flex roles are required to reside in Arizona (or NM for Four Corners-based employees). Role types are subject to change based on business need.