Job Information
Portland General Electric Manager/Sr Manager Day Ahead Trading in Tualatin, Oregon
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 Power Trading and Portfolio Manager, you will have the unique opportunity to lead strategic energy trading operations and optimize PGE's portfolio assets in electricity and gas markets. You will conduct purchase and sales transactions to increase margins, analyze complex energy transactions, and ensure favorable outcomes aligned with company risk management guidelines. A successful candidate will have advanced knowledge of Western electrical and natural gas grid supply and demand components, expert skills in analyzing energy market conditions, and the ability to translate broad market information into profitable trading strategies. Join our dynamic team and play a pivotal role in shaping PGE's energy future. Experience the thrill of high-stakes energy trading while contributing to our mission of delivering clean, reliable energy to our communities.
KEY RESPONSIBILITIES
Day-Ahead Trading Management - Manages a team of highly skilled power trading/scheduling staff responsible for mitigating risk and providing guidance to staff that are overseeing a generating portfolio in Real Time; provides technical management for the team, ensuring that objectives are met and all relevant standards/procedures are followed; ensures that operational problems are identified and resolved; ensures that operational procedures and working practices are current and fit for the purpose. Oversees all commercial aspects of day-ahead power supply, which include wholesale power contract negotiation and administration, resource operations planning, portfolio risk management, trading and scheduling for power. Optimizes a $350 million and over net variable power cost budget; ensures that load is served and contractual obligations are met while net variable power costs are reduced for customers and shareholders. Works closely with other commercial and operational groups within the organization to support the overall management of PGE's power and gas asset portfolio.
Internal Collaboration - Monitors and manages expenditures, ensuring that all financial targets are met, and examines any areas where budgets/expenditures vary from plan; assists with the definition and operation of effective financial controls and decision making.
Financial Management - Oversees resourcing decisions and planning for team; partners with HR in the definition of jobs, recruitment, evaluation and selection processes.
Resourcing - Reviews organizational development needs and training strategies to determine required learning and development outcomes for the team; provides guidance in the creation of development plans; monitors ongoing progress and provides coaching and mentoring and provides feedback; completes annual performance management reviews.
Professional Development - Monitors and manages expenditures, ensuring that all financial targets are met, and examines any areas where budgets/expenditures vary from plan; assists with the definition and operation of effective financial controls and decision making.
EDUCATION/EXPERIENCE/CERTIFICATIONS
Education
- Requires a bachelor's degree in finance, economics, engineering, math, marketing or other related field or equivalent experience.
Experience
- Prefer eight or more years of progressive experience in energy trading, derivatives, marketing or bulk electronic and gas system management or in related field; management and leadership experience required.
COMPETENCIES (KNOWLEDGE, SKILLS, ABILITIES)
Functional Competencies
Advanced knowledge of the PGE organization, business objectives and marketing capabilities and general electric utility operations, with a focus on PGE's accounting, business practices and compliance requirements economics required
Advanced knowledge of Western electrical and natural gas grid supply and demand components, along with all its assets
Expert knowledge of California Independent System Operator (CAISO) bidding and strategy
Advanced knowledge of physical/financial power/gas trading fundamentals and dynamics
Advanced knowledge of the operational capabilities of hydroelectric, coal and natural gas plants, physical and financial trading instruments in wholesale power and gas markets and the concepts of commodity risk and evaluation
Expert skills in analyzing energy market conditions or trends
Expert ability to translate broad market information into a profitable trading strategy and to execute that strategy with an entrepreneurial and competitive perspective, which assists PGE in actively trading in commodities and executing power transactions
Expert ability to develop information and present proposals to a variety of audiences and work in multidisciplinary teams with a diverse group of customers and clients
Advanced ability to identify and communicate critical details of plant operations to origination, trading and risk groups
General Competencies
Advanced analytical thinking skills
Advanced business acumen
Advanced creativity and innovation skills
Advanced decision-making skills
Advanced influence skills
Expert knowledge of utility industry
Advanced problem-solving skills
Advanced risk management skills
Advanced written and oral communication skills
Intermediate change leadership skills
Leader Practices
Drives Results
Plans and Aligns
Decision Quality
Drives Engagement
Courage
PHYSICAL, COGNITIVE DEMANDS AND SCHEDULE/ATTENDANCE
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
Demonstrates sound memory
Ability to process new information to be applied consistently to work task
Schedule/Attendance
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
Ability to work shift schedule
Ability to work on-call schedule
Environment
- Office – Hybrid – 3 days per week in office
Compensation Range:
$138,320.00 - $303,810.00
Actual 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 (https://portlandgeneral.com/hrcs5511) .
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 committed to diversity and inclusion in the workplace and is an equal opportunity employer. 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 Talent Acquisition Specialist (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. Our Diversity, Equity & Inclusion (DEI) team is also available for support. You can contact them at dei@pgn.com .
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.
February 13, 2025