TECO Energy Manager Short Term Portfolio Optimization and Trading in Tampa, Florida
Manager Short Term Portfolio Optimization and Trading
Date:Jun 10, 2021
Location: Tampa, Florida, US, 33602
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Title:Manager Short Term Portfolio Optimization and Trading
Company:Peoples Gas System
State and City:Florida - Tampa
Shift:8 Hr. X 5 Days
Power up a career with us. Our People are our greatest investments. TECO Peoples Gas offers competitive pay, a comprehensive benefits package and opportunities for growth and development in a friendly and professional work environment.
If you are interested in a career and not just a position, TECO Peoples Gasis the place to be!
TECO Peoples Gas is the largest natural gas distributor in Florida serving more than 400,000 customers across the state. Just as it was 125 years ago when we started as Tampa Gas Company, natural gas is today’s No. 1 choice for reliable energy. Join our team of energy experts as we build on that legacy through innovation and cost-effective sustainable energy solutions all while keeping top-notch customer service at the center of all we do.
TECO Peoples Gas is a subsidiary of Emera Inc., a family of energy companies which also includes Tampa Electric and New Mexico Gas Company. Emera provides energy to residential and commercial customers in the United States, Canada, and the Caribbean, with career opportunities available in all of these locations.
Often required to be on-call on weekends and holidays to monitor and maintain system. Storm duties may require offsite relocation (including overnights) during and after a storm.
POSITION CONCEPT :
The Manager Short Term Portfolio Optimization and Trading is responsible for optimizing and trading the company’s portfolio which includes, but not limited to, fuel supply, transportation capacity, storage contracts, asset management agreements, pipeline park and loan contracts. This position is responsible for the origination of short-term portfolio optimization and reliability products, daily scheduling of gas supply and transportation on up-stream pipelines, and the daily confirmation of gas supply scheduled to be delivered to the company’s power plants and distribution system. Also, responsible for the development and maintenance of operation reports, as well as monitoring market conditions, operations, and constraints on the upstream pipelines serving the company.
DUTIES AND RESPONSIBILITIES :
Manages the seasonal and annual planning of the gas supply and transportation portfolio and the daily marketing of upstream capacity through wholesale sales or capacity release. Develops and executes the daily strategy and optimization of the portfolio. Maximize incentive/optimization mechanism gains through the execution of profitable, low risk transactions in order to lower overall costs to customers.
Manages the trading of natural gas, including financial, physical, options, swaps and other derivative deals within the limits of risk management practices and procedures. Responsible for the daily scheduling of natural gas necessary to meet the generation requirements of the company’s power plants and/or system requirements for the company’s gas distribution system while maintaining a reliable and low-cost supply of natural gas and upstream transportation.
Responsible for the daily monitoring and response to Operational Flow Orders, Alert Days, and Limitation Orders on the upstream pipelines and storage facilities. Closely coordinates any operational issues/concerns with gas control (internal/external). Responsible for monitoring large transportation customer activity on the company’s gas distribution system.
Maintain knowledge of pipeline systems (FGT, Southern Natural, Gulfstream, Transco, SESH and Sabal Trail) and applicable storage facilities systems (Bay Gas and Southern Pines) to schedule, confirm, and monitor upstream pipeline information.
Maintain working knowledge of the company’s Gas Management Systems for both on-system and off-system scheduling, confirmation, gas accounting, and reporting.
Preparation of daily and monthly reports including natural gas position and imbalances, market pricing, portfolio performance, ad hoc analysis, Off System Sales projections (OSS), etc.
Responsible for accurate deal entry and scheduling in the Energy Trading and Risk Management system (Allegro) to ensure accurate and timely reporting.
Reconciliation of month-ending pipeline transportation and supply imbalances.
Coordination with accounting personnel for verification and reconciliation of natural gas and transportation capacity invoices including billing verification of quantities and prices.
Resolution of invoice/billing discrepancies.
Support upstream interstate pipeline rate case initiatives.
Assist origination staff and management with strategic decisions or analysis.
EDUCATION, (LICENSES AND CERTIFICATIONS) :
Required: Bachelor’s degree in business or related field of study, from an accredited university.
Preferred: Master’s degree in related field of study, from an accredited university.
Required: Minimum of six (6) years related experience including three (3) years of energy commodity trading experience.
Required: Minimum three years’ experience in a supervisory or leadership role.
Sound knowledge of functional area of work and advanced business and technical concepts.
Extensive knowledge of trading tools and indices (OTC, NYMEX).
Strong negotiation skills.
Demonstrated leadership skills with ability to think strategically.
Ability to produce analysis and initiatives and present them to management.
Ability to analyze portfolio and market conditions while executing favorable transactions for the company.
Knowledge of North American Energy Standards Board (NAESB) standards and procedures.
Knowledge of the Allegro Energy Trading and Risk Management System.
Builds Strong, Collaborative Relationships
Develops People and Teams
Speaks Up on Safety, Health, and the Environment
Takes Ownership & Acts with Integrity
Thinks Strategically & Exercises Sound Judgment
TECO offers a competitive Benefits package!!
Competitive Salary 401k Savings plan w/ company matching * Pension plan * Paid time off Paid Holiday time * Medical, Prescription Drug, & Dental Coverage *Tuition Assistance Program * Employee Assistance Program * Wellness Programs * On-site Fitness Centers * Bonus Plan and more!
STORM DUTY REQUIREMENTS....Please make sure to read below!!! Responding to storms will be considered a condition of employment.
TECO Energy and its companies serve a role in providing critical services to our community during an emergency. Team members are required to participate in the response/recovery activities related to emergencies/disasters to maintain service to our TECO Energy customers. Team members are required to work in their normal job duties or other assigned activities. Proper compensation will be made in accordance with the company's rules and procedures.
TECO Energy is proud to be an Equal Opportunity Employer.
TECO Energy is an Equal Opportunity/Affirmative Action employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, age, disability status, veteran status, sexual orientation, gender identity or expression, or any other characteristic protected by law, except where physical or mental abilities are a bona fide occupational requirement and the individual is unable to perform the essential functions of the position with reasonable accommodations.
In order to provide equal employment and advancement opportunities for all individuals, employment decisions at TECO Energy will be based on skills, knowledge, qualifications and abilities.
Pay Transparency Non-Discrimination Statement
The contractor will not discharge or in any other manner discriminate against employees or applicants because they have inquired about, discussed, or disclosed their own pay or the pay of another employee or applicant. However, employees who have access to the compensation information of other employees or applicants as a part of their essential job functions cannot disclose the pay of other employees or applicants to individuals who do not otherwise have access to compensation information, unless the disclosure is (a) in response to a formal complaint or charge, (b) in furtherance of an investigation, proceeding, hearing, or action, including an investigation conducted by the employer, or (c) consistent with the contractor’s legal duty to furnish information. 41 CFR 60-1.35(c)
It is the policy of TECO Energy to provide reasonable accommodation for all qualified disabled individuals who are employees and applicants for employment, unless it would cause undue hardship. The corporation will adhere to applicable federal and state laws, regulations and guidelines, including, but not limited to the Americans with Disabilities Act (ADA) of 1990 and section 503 and 504 of the Rehabilitation Act of 1970s.
Applicants may request reasonable accommodation in the application process five business days prior to the time accommodation is needed.
Pre-employment physical exams may be required for positions with bona fide job-related physical requirements regardless of disability.