Arizona Public Service - APS
Real Time Trader Associate
Arizona Public Service - APS, Phoenix, Arizona, United States, 85003
Summary
The Real Time Trading Associate will assist the more senior Real-Time Trader in ensuring that APS customers receive the most economical energy sources by analyzing short-term market conditions and company generating resources. The Associate will make energy purchases and sales under the direction of the Real-Time Trader and Real-Time Trader Senior levels, assist in implementing approved marketing strategies in real-time to maximize APS's bottom line profit, and comply with regulatory and reliability standards. The role includes purchasing and selling intraday natural gas to prevent significant imbalances and managing gas storage to support arbitrage opportunities. Minimum Requirements
BS/BA degree in business, economics, engineering, or related field and related work experience or related experience obtained through an internship, or an equivalent combination of education and experience. Qualified on all 3 trading floor desks (Gas, EIM, Power) within 1 year of hire, as well as M&T University or previously qualified with equivalent experience. Demonstrated effective verbal and written communication skills. Ability to perform under stress in a dynamic environment. Ability to make analytical decisions utilizing mathematical skills. Ability to utilize a computer and associated databases, software, hardware. Ability to work rotating shifts. Major Accountabilities
Project system load requirements and commit the most economical APS resources to meet customer demand as directed. Analyze market conditions and, as directed, purchase/sell energy to meet system needs, create customer savings, and produce margin. Negotiate sales of energy as directed to other utilities and marketers in a real-time competitive market environment as directed. Continually review/comply with all Regulatory (ACC/FERC) and Reliability requirements (NERC/WECC/SRSG). Continually monitor and analyze online generation to ensure sufficient system operation reserves are maintained. Ensure that interconnected system and associated operating agreements, criteria and guidelines are met. Provide complete and accurate documentation of all transactions, commitments, counterparty and Balancing Authority communications and events related to the generation and marketing of APS Energy Resources. Implement an optimum gas supply strategy program which maximizes supply at the most cost-effective level. Negotiate cash market gas purchases and sales. Export Compliance / EEO Statement
This position may require access to and/or use of information subject to control under the Department of Energy's Part 810 Regulations (10 CFR Part 810), the Export Administration Regulations (EAR) (15 CFR Parts 730 through 774), or the International Traffic in Arms Regulations (ITAR) (22 CFR Chapter I, Subchapter M Part 120) (collectively, 'U.S. Export Control Laws'). Therefore, some positions may require applicants to be a U.S. person, which is defined as a U.S. Citizen, a U.S. Lawful Permanent Resident ('Green Card Holder'), a Political Asylee, or a Refugee under the U.S. Export Control Laws. All applicants will be required to confirm their U.S. person or non‑U.S. person status. All information collected in this regard will only be used to ensure compliance with U.S. Export Control Laws, and will be used in full compliance with all applicable laws prohibiting discrimination on the basis of national origin and other factors. For positions at Palo Verde Nuclear Generating Stations (PVNGS) all openings will require applicants to be a U.S. person. Pinnacle West Capital Corporation and its subsidiaries and affiliates ('Pinnacle West') maintain a continuing policy of nondiscrimination in employment. It is our policy to provide equal opportunity in all phases of the employment process and in compliance with applicable federal, state, and local laws and regulations. This policy of nondiscrimination shall include, but not be limited to, recruiting, hiring, promoting, compensating, reassigning, demoting, transferring, laying off, recalling, terminating employment, and training for all positions without regard to race, color, religion, disability, age, national origin, gender, gender identity, sexual orientation, marital status, protected veteran status, or any other classification or characteristic protected by law. For more information on applicable equal employment regulations, please refer to the EEO is the Law poster. Federal law requires all employers to verify the identity and employment eligibility of every person hired to work in the United States, refer to the E‑Verify poster. View the employee rights and responsibilities under the Family and Medical Leave Act (FMLA). In compliance with the Drug Free Workplace Act of 1988, the Company is committed to a work environment that is free from the effects of alcohol and controlled substances, and free from the abuse or inappropriate use of prescribed and over‑the‑counter medications. The Company requires employees to be subject to drug and alcohol testing that is job‑related and consistent with business necessity, regulatory requirements and applicable laws.
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The Real Time Trading Associate will assist the more senior Real-Time Trader in ensuring that APS customers receive the most economical energy sources by analyzing short-term market conditions and company generating resources. The Associate will make energy purchases and sales under the direction of the Real-Time Trader and Real-Time Trader Senior levels, assist in implementing approved marketing strategies in real-time to maximize APS's bottom line profit, and comply with regulatory and reliability standards. The role includes purchasing and selling intraday natural gas to prevent significant imbalances and managing gas storage to support arbitrage opportunities. Minimum Requirements
BS/BA degree in business, economics, engineering, or related field and related work experience or related experience obtained through an internship, or an equivalent combination of education and experience. Qualified on all 3 trading floor desks (Gas, EIM, Power) within 1 year of hire, as well as M&T University or previously qualified with equivalent experience. Demonstrated effective verbal and written communication skills. Ability to perform under stress in a dynamic environment. Ability to make analytical decisions utilizing mathematical skills. Ability to utilize a computer and associated databases, software, hardware. Ability to work rotating shifts. Major Accountabilities
Project system load requirements and commit the most economical APS resources to meet customer demand as directed. Analyze market conditions and, as directed, purchase/sell energy to meet system needs, create customer savings, and produce margin. Negotiate sales of energy as directed to other utilities and marketers in a real-time competitive market environment as directed. Continually review/comply with all Regulatory (ACC/FERC) and Reliability requirements (NERC/WECC/SRSG). Continually monitor and analyze online generation to ensure sufficient system operation reserves are maintained. Ensure that interconnected system and associated operating agreements, criteria and guidelines are met. Provide complete and accurate documentation of all transactions, commitments, counterparty and Balancing Authority communications and events related to the generation and marketing of APS Energy Resources. Implement an optimum gas supply strategy program which maximizes supply at the most cost-effective level. Negotiate cash market gas purchases and sales. Export Compliance / EEO Statement
This position may require access to and/or use of information subject to control under the Department of Energy's Part 810 Regulations (10 CFR Part 810), the Export Administration Regulations (EAR) (15 CFR Parts 730 through 774), or the International Traffic in Arms Regulations (ITAR) (22 CFR Chapter I, Subchapter M Part 120) (collectively, 'U.S. Export Control Laws'). Therefore, some positions may require applicants to be a U.S. person, which is defined as a U.S. Citizen, a U.S. Lawful Permanent Resident ('Green Card Holder'), a Political Asylee, or a Refugee under the U.S. Export Control Laws. All applicants will be required to confirm their U.S. person or non‑U.S. person status. All information collected in this regard will only be used to ensure compliance with U.S. Export Control Laws, and will be used in full compliance with all applicable laws prohibiting discrimination on the basis of national origin and other factors. For positions at Palo Verde Nuclear Generating Stations (PVNGS) all openings will require applicants to be a U.S. person. Pinnacle West Capital Corporation and its subsidiaries and affiliates ('Pinnacle West') maintain a continuing policy of nondiscrimination in employment. It is our policy to provide equal opportunity in all phases of the employment process and in compliance with applicable federal, state, and local laws and regulations. This policy of nondiscrimination shall include, but not be limited to, recruiting, hiring, promoting, compensating, reassigning, demoting, transferring, laying off, recalling, terminating employment, and training for all positions without regard to race, color, religion, disability, age, national origin, gender, gender identity, sexual orientation, marital status, protected veteran status, or any other classification or characteristic protected by law. For more information on applicable equal employment regulations, please refer to the EEO is the Law poster. Federal law requires all employers to verify the identity and employment eligibility of every person hired to work in the United States, refer to the E‑Verify poster. View the employee rights and responsibilities under the Family and Medical Leave Act (FMLA). In compliance with the Drug Free Workplace Act of 1988, the Company is committed to a work environment that is free from the effects of alcohol and controlled substances, and free from the abuse or inappropriate use of prescribed and over‑the‑counter medications. The Company requires employees to be subject to drug and alcohol testing that is job‑related and consistent with business necessity, regulatory requirements and applicable laws.
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