Manager Day Ahead Trading

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