Senior Commercial Services Power Marketer- Portland, Oregon- 111371

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PacifiCorp is seeking customer-centric candidates to grow and sustain our commitment to a culture of customer service excellence, environmental sustainability and diversity, equity and inclusion.

General Purpose

 

Influence and implement PacifiCorp’s resource and commercial strategy, including leading the negotiation and execution of renewable development and acquisition opportunities. Serve as the commercial lead in multi-disciplinary, cross-functional teams that evaluate resource development and acquisition strategies that align with short- and long-term organizational goals. Work closely with senior management to keep them up-to-date on strategic resource and commercial opportunities.

Responsibilities of this position include the following:

 

• Build and manage relationships with a broad range of commercial counterparties, including developers, marketers, and large customers.
• Research, identify and pursue creative deal structures that provide opportunities to procure renewable resources.
• Design, develop and implement request for proposals (RFP) to procure new resources as outlined in PacifiCorp’s resource and commercial strategy and consistent with state regulatory commission resource procurement rules and guidelines.
• Lead the negotiation of commercial terms and conditions in energy commodity contracts and asset purchase and sale contracts required to close transactions resulting from RFP processes or arising out of bi-lateral discussions with developers and marketers.
• Implement restructuring of existing contractual obligations to mitigate risk or lower costs for customers.
• Implement execution of qualifying facility (QF) power purchase agreements consistent with internal commercial strategies and state and federal mandates. 
• Resolve contractual disputes where bi-lateral negotiation is required.
• Effectively communicate to executive management how specific, negotiated contract terms and conditions adequately cover commercial and legal risks.
• Conduct market intelligence and self-directed research to identify new commercial opportunities that support short- and long-term organizational goals. 
• Responsible for ensuring that commercial transactions are implemented consistent with all internal policies, procedures, and approval processes, including coordination and sign-offs from the legal, credit, risk management, commercial valuation, tax, accounting, and transmission departments, as necessary.
• Coordinate with other departments to assess and develop creative solutions for large customers seeking renewable power supply alternatives that is consistent with requirements established by state regulatory commissions. 
• As needed, file comments and or testify as an expert witness to support commercial elements of commercial transactions and tariffs filed with state regulatory commissions.
   

Requirements of this position include the following:

 

• Bachelor’s Degree in Business, Finance, Accounting, Financial Engineering, Operations Research, or a related field; or the equivalent combination of education and experience.
• A minimum of ten years’ experience in the energy industry with 3-5 years’ experience effectuating commercial transactions.
• Experience developing commercial strategies, developing creative commercial deal structures, and implementing business plans.
• In-depth understanding of power system and wholesale power markets. 
• Understanding of Federal and State regulatory processes.
• Demonstrated ability and experience with negotiating commercial contract terms and conditions.
• Economic evaluation skills.
• Ability to assertively negotiate transactions and settlements without losing composure.
• Ability to confidently speak to large groups of people when required. 

Preferences

 

• Advanced degree.
• Familiarity with the WSPP Master Agreement, the EEI Master Agreement, and the ISDA Master agreement.
• Prior experience filing comments and or testifying in front of state regulatory commissions.

Additional Information

Req Id: 111371 
Company Code: PacifiCorp   
Primary Location: PORTLAND     
Department: Pacific Power 
Schedule: FT  
Personnel Subarea: Exempt
Hiring Range: $149,500 - $175,900.00  
This position is eligible for an annual discretionary performance incentive bonus of up to 35% of salary.   

Benefits: Health care, retirement, paid time off, tuition assistance, paid short-term and long-term disability, paid bereavement leave. For more information, please visit: https://careers.pacificorp.com/content/New-Benefits-Page/?locale=en_US