Director Energy Market and Trading

Requisition ID: 18514

 

Join us in building a better future for Arizona!

SRP is one of the largest public power and water utilities in the U.S. providing electricity to approximately one million customers in the greater metropolitan Phoenix area. Since its founding in 1903, SRP has fostered a culture of stewardship and customer service consistently ranking as an industry leader in customer service according to J.D. Power and named one of Arizona's best employers by Forbes. SRP continues to adapt to its changing business environment by seeking innovative ways to reimagine utility service and the provision of critical resources essential to the life and economy of Arizona.

 

Why Work at SRP

At SRP, we foster an inclusive work environment and believe everyone should have a fair chance to work, regardless of who they are. That’s why we value teams with diverse perspectives, experiences, and backgrounds to help SRP deliver on its mission of providing reliable, affordable and sustainable water and power.

 

SRP's success is rooted in our employees' happiness, health, and safety. That's why we offer a comprehensive benefits package to meet the needs of our employees and enhance their well-being. In addition to competitive pay and performance incentives, eligible employees can take advantage of the following benefits:

 

• Pension Plan (at no cost to the employee)
• 401(k) plan with employer matching
• Available your first day: Medical, vision, dental, and life insurance
• Over 200+ hours of PTO (includes vacation days, holidays, floating holidays, and sick leave)
• Parental leave (up to 4 weeks) and adoption assistance
• Wellness programs (including access to a recreation and fitness facility)
• Short and long-term disability plans
• Tuition assistance for both undergraduate and graduate programs
• 10 Employee Resource Groups for career development, community service, and networking

 

Summary

The Director of Energy Marketing and Trading provides leadership over Fuel Supply and Trading, Short-Term Trading, and Real-Time Power Trading departments and is responsible for overseeing and managing the company's energy trading activities, fuel procurement, and market participation/implementation. This role involves developing and executing trading strategies, ensuring compliance with trading and risk management policies, optimizing the company's generation assets within regional markets, and fuel procurement.

What You'll Do

•  Direct the daily trading activities, coordinating with the trading teams, TGO, plant personnel, and operations staff.
•   Develop strategies for generation dispatch, power purchases, and wholesale sales opportunities.
•   Direct evaluation of scenarios to minimize power supply risk and uncertainties.
•   Lead strategic planning activities for fuel procurement and transportation for natural gas and coal aligning with corporate hedging strategies.
•   Ensures the financial results from trading activities accurately reflect cost minimization and asset optimization decisions.
•   Provide guidance on market implementation activities and change management.
•   Ensure compliance with trading policies and regulatory requirements (WECC,NERC, FERC).
•   Participate in the Risk Oversight Committee.
•   Participate in corporate short and long-range goal setting and strategic business planning.
•   Align across trading departments to meet corporate objectives.
•   Foster a collaborative, team-oriented environment focused on coaching and development.
•   Build strong relationships with key internal and external stakeholders.

What It Takes To Succeed

•  Provide strategic leadership to the Fuel Supply and Trading, Short-Term Trading, and Real-Time Power Trading departments.
•   Proven ability to work under pressure while maintaining poise.
•   Excellent communication, negotiation, and public speaking skills, especially with executive management, SRP’s Board, state regulators, regional market operators,and customers.
•   Knowledge of economic operation of power systems, commodity trading concepts, and SRP's contractual relationship with other energy market players.
•   Ability to influence and lead across all organizational levels.
•   Experience with corporate financial report