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Tri-State Generation and Transmission Association, Inc. Energy Resources (Origination) Analyst I or Senior (IRC38467) in Westminster, Colorado

Brief Posting Description

Responsible for developing long-term structured wholesale power transactions. Responsible for ongoing contract administration, market, pricing and related analyses, and working with Tri-State Member Systems in policy implementation related to distributed and local renewable resources.

There is one position available and the position will be filled at one of two job grade levels: Origination Analyst, job grade NB21; or Senior Origination Analyst, job grade NB23. This decision will be based on the qualifications and experience of the candidate selected, and Tri-State business needs at the time of hire.

Tri-State recognizes the value of a highly-engaged and committed workforce and provides an excellent benefits program that includes:

Medical Insurance, Dental Insurance, Vision Insurance Health Savings Account (HSA), Flexible Spending Accounts (FSA), Tuition Reimbursement, Flexible Work Schedules including compressed work week and telecommuting opportunities to work remotely up to 50%, Life Insurance, 401K, Long Term Disability (LTD), Short Term Disability (STD), Employee Assistant Program (EAP) and Paid Leave Benefits.

Senior Origination Analyst

Hiring Salary Range: $102,000-$128,000

Origination Analyst

Hiring Salary Range: $84,000-$105,000

Actual compensation offer to candidate may vary outside of the posted hiring salary range based upon work experience, education, and/or skill level.

Job Requirements

ESSENTIAL FUNCTIONS AND RESPONSIBILITIES

  • Conduct analysis of proposals for new resources resulting from competitive bidding processes, assist with summary and presentation of data, and assist with organization of data received.

  • Conduct contract negotiations and analyses for new resources or load development and retention efforts.

  • Responsible for taking a lead role in providing contract administration of existing renewable and conventional resource power purchase agreements and related contracts to include ensuring contractual compliance, development of operating procedures, optimizing terms and conditions, and monitoring ongoing contractual milestones and similar requirements.

  • Provide analytical support in various external and internal reporting requirements.

  • Negotiate and develop contracts with Member Systems to support implementation of Tri-State Board policies

  • Provide cost-benefit analysis of potential generation assets, structured transactions, major investments, and unit retirements.

  • Responsible for Origination-related activities related to the development of Integrated Resource Plans.

  • Responsible for Origination-related inputs to Tri-State's budget and long term financial economic forecast.

  • Participate in ad hoc analytical requests.

  • Prepare a variety of reports and responsible for the preparation of department reports and presentations.

  • Adhere to and demonstrate compliance with appropriate electric utility industry regulatory requirements. Attain knowledge and remain knowledgeable of development in regulations, laws, standards and best practices applicable to the functional area including, but not limited to, Standards of Conduct, Environmental, Employment Law, NERC Reliability Standards and Safety. Must be familiar with, and comply with, all aspects of Corporate Policy C-54, Compliance.

  • Demonstrate behavior consistent with Tri-State's culture embodied in the Cooperative principles and spirit and core values of technical competency, respect and dignity, accountability, integrity, trustworthiness, and servant leadership to empower or otherwise enable others to optimally perform their job responsibilities. Demonstrate and promote ethics and behaviors consistent with Tri-State's culture, Board policies, and business practices. Understand and fulfill the role and responsibility for all compliance programs within the company.

  • Because Tri-State is an electric utility with continuous service obligations to its customers, regular, reliable, and predictable performance of the essential functions and responsibilities is an essential function of the job.

  • Because Tri-State has an obligation to provide continuous, reliable electric service to its customers, the ability to work overtime at any time of the day or week is considered an essential function of the job.

OTHER DUTIES/RESPONSIBILITIES

  • Perform other related duties as assigned

SUCCESS FACTORS/JOB COMPETENCIES:

  • Planning: ability to think ahead and plan within timelines and resources; develop scopes, plan and schedule work; set priorities and goals; anticipate and adjust for problems; evaluate workloads; measure and evaluate performance against established goals.

  • Time management: ability to successfully plan and implement objectives within established timelines and work schedules.

  • Ability to analyze problems and develop effective solutions at both strategic and functional levels.

  • Attention to detail: works to ensure accuracy of work by developing effective ways to check work and consider whether results make sense.

  • Ability to be proactive: includes the ability to look ahead and consider how current decisions may impact future commitments and relationships as well as seeking opportunities to learn about industry trends that may impact department work.

  • Commitment to company values.

  • Excellent interpersonal and communication skills.

  • Strong team player: accomplishes tasks by working with others and being a good team player. Recognizes how his/her decisions may impact others; seeks input from others.

  • Computer proficiency in operating a personal computer and standard business office applications including Microsoft Office suite, databases, and other related applications.

  • Ability to work independently, with minimal direction as a highly motivated self-starter.

REQUIRED JOB QUALIFICATIONS

Education and Training

  • Bachelor's degree in Business, Economics, Finance, Engineering, or related discipline; or equivalent relevant experience.

Knowledge, Skills, and Ability:

  • Knowledge of generation technologies, including renewable technologies, wholesale power markets, utility operations, and market design.

  • Knowledge of commercial practices for bulk power transactions, settlements and scheduling.

  • Understanding of board policy, public policy and regulatory requirements as they relate to resource decisions.

  • Familiarity with understanding contract language and contractual provisions related to power transactions.

  • Must have strong analytical, quantitative, and economic evaluation skills.

  • Excellent oral and written communications skills.

  • Ability to establish and maintain effective working relationships.

  • Ability to analyze complex, technical data and prepare concise, accurate reports.

Experience:

  • Eight (8) years of relevant experience including the evaluation of structured transactions.

  • Working knowledge of power system operations, contract negotiation and contract administration.

  • Those with less experience will be hired at the Origination Analyst job grade level, as appropriate.

Other:

  • Willingness to travel as required. (Must possess a valid driver's license.)

  • Must be able to demonstrate that he/she can perform all of the essential functions of the position.

DESIRED JOB QUALIFICATIONS

  • Experience in the electric power industry with structured transactions involving the acquisition of power resources preferred.

PHYSICAL AND MENTAL DEMANDS: The physical demands and work environment characteristics described here are representative of those that must be met by an employee to successfully perform the essential functions of the position. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

  • Physical demands: While performing the duties of this position, the incumbent is required to sit for long periods of time, occasionally stand, walk, stoop, bend, and reach above and below shoulder level. Incumbent is frequently required to use hands and fingers to handle, or feel objects, tools, or controls, talk and hear.

  • Mental demands: While performing the duties of this job, the incumbent is required to read, write, perform complex math, analyze data and reports, exercise judgment, develop plans, procedures and goals, and present information to others and work under pressure.

  • Work Environment: While performing the duties of this position, the incumbent is exposed to a moderate level of noise. Most duties are performed indoors primarily at a desk in an office environment.

Additional Details

All employees interested in this position may apply online at the Tri-State Intranet site.

Click on Job Postings, then click on the iRecruitment link, Log In, then click on the iRecruitment Employee Candidate link and then click on Search for jobs.

Company Description

Tri-State Generation and Transmission Association is a wholesale electric power supplier owned by the 43 electric cooperatives that it serves. Tri-State generates and transmits electricity to its member systems throughout a 200,000 square-mile service territory across Colorado, Nebraska, New Mexico and Wyoming.

Serving approximately 1.5 million consumers, Tri-State was founded in 1952 by its member systems to provide a reliable, cost-based supply of electricity. Headquartered in Westminster, Colo., about 1,480 people are employed by Tri-State throughout its four-state service area.

Tri-State's power is generated through a combination of owned baseload and peaking power plants that use coal and natural gas as their primary fuels, supplemented by purchased power, federal hydroelectricity allocations and renewable resource technologies. Tri-State delivers power to its members through a transmission system that includes substation facilities, telecommunications sites and over 5000 miles of high voltage transmission lines.

Interested? Here is how to Apply:

Go to www.tristategt.org/ and click on the 'Careers' Link. Search for Job and click 'Apply Now' Icon. You will be required to register in order to apply.

Tri-State: Join the people behind the power. Tri-State recognizes the value of a highly-engaged and committed workforce and provides an excellent benefits program that includes medical, dental, retirement and life insurance. Please visit our careers site at www.tristategt.org/careers/ for more details.

Equal Opportunity Employer - Minority/Female/Disabled/Veteran

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