Energy Trader

2 weeks ago

Bellevue, Washington, United States The Energy Authority Full time
About The Energy Authority

The Energy Authority is a public power-owned, nonprofit corporation with offices in Jacksonville, Florida, and Bellevue (Seattle), Washington. Our mission is to provide public power utilities with access to advanced resources and technology systems, enabling them to respond competitively in the changing energy markets.

Our Values

At The Energy Authority, we share a common sense of purpose. When we accomplish our mission, the result is improved quality of life for the citizens and businesses of the communities our clients serve. We exceed the expectations of those we serve, deliver services with the highest standards of fair, honest, and ethical behavior, set the standard for service and expertise in our industry, embody a spirit of collaboration, and embrace our founding entrepreneurial spirit by seizing opportunities to deliver value.

Real-Time Trader Role

We are seeking a highly motivated and experienced Real-Time Trader to join our team in Bellevue. As a Real-Time Trader, you will negotiate hourly energy transactions across various trading hubs, managing a diverse portfolio of power generation assets, including clean renewable hydroelectric power. You will be at the forefront of maximizing the value of assets for various-sized public utility districts in Washington and Oregon, all of whom are not-for-profit and community-owned.

Key Responsibilities:
  • Manage multiple client portfolios in real-time
  • Forecast hourly loads and analyze energy and transmission alternatives
  • Develop, negotiate, and execute strategic business transactions
  • Evaluate market conditions and devise trading strategies
  • Coordinate communications on power supply needs and transactions
  • Monitor real-time system metering, SCADA alarm systems, and generation platforms
  • Schedule energy and reserve transactions and manage transmission reservations
  • Maintain client resource mixes, tagging methodologies, and scheduling requirements
  • Accurately record purchase and sale transactions
Why Work with Us?

Our 24/7 market means we operate on a rotating 12-hour shift schedule, providing continuous trading coverage. This unique schedule offers you:

  • Flexibility and Balance: Enjoy long stretches of time-off built into your schedule to recharge, pursue personal interests, and maintain a healthy work-life balance
  • Dynamic Environment: Work in an open trade floor designed for quick communication and idea sharing, fostering a collaborative and energetic atmosphere
  • Continuous Learning: With exposure to diverse market conditions and transactions, you'll learn new things every day-never a dull moment
  • Career Growth: Train and support new traders, and fill in for other trading floor positions, broadening your skills and career opportunities
Qualifications:
  • Bachelor's degree from a four-year accredited college or university required; advanced degree a plus
  • Previous experience in the energy industry and with trade capture systems is a plus
Compensation:
  • Competitive base salary ranges based on role, level, and location: $79,464 - $107,510; $119,122 - $161,165; $129,418 - $175,094
  • Annual target short-term incentive rate of 30% of base salary based on corporate, team, and individual performance
Benefits:
  • Paid time off starting at 17 days per year, plus nine paid holidays
  • 401(a) employer contribution and 457(b) deferred compensation retirement savings plans
  • Medical, dental, vision, life, AD&D, and disability insurance
  • Health savings and flexible spending accounts
  • Great work-life balance and company culture with high visibility to senior executives