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Energy Market Manager

Austin Energy

Location: Austin, TX US
Position Type:
Rqd Education:
Rqd Experience: 5+ years
Date Posted: February 19, 2023
Reference Code: AE503050
Position Information

Posting Title
Energy Market Manager

Job Requisition Number
AE503050

Position Number
109776

Job Type
Full-Time

Division Name
Power Supply & Market Ops

Minimum Qualifications

Education and/or Equivalent Experience:
  • Graduation with a Bachelor's degree from an accredited college or university, plus seven (7) years experience in a related field, two (2) years in a supervisory or lead capacity.


Licenses or Certifications:
None

Notes to Applicants

The Energy Market Manager of Market Operations and Risk Management leads a team of energy marketers and analysts on various energy desks that manage different aspects of Austin Energy's power portfolio. The Manager develops and grows the renewable footprint in the portfolio as well as assists with the evolution of the changing power portfolio in ERCOT's wholesale market. The manager is responsible for trading strategies, procurement, negotiations and compliance of all commodities and portfolio activity.

Working with Austin Energy provides a number of health and welfare benefits such as low-cost medical, dental, vision, paid leave time, a highly competitive retirement plan, career development opportunities and more. Please click HERE for more information.

Employment Application:
  • The City of Austin employment application is an official document; incomplete applications will not be considered.
  • Please be sure to detail on the application all current and previous employment that you wish to be considered as part of your qualifications.
  • The Employment Record should be complete with job titles, employment dates, job duties, functions, and responsibilities for each position held. Starting salary will be based on overall relevant experience from your application.
  • Résumés will not be accepted and statements such as "see résumé" will not be accepted. You may use "N/A" for fields that are not applicable.
  • Please note that Austin Energy may close the job posting at any time after 7 days from the date of the initial advertisement. Once the job posting has closed, applications cannot be changed.


If you are selected as a top candidate:
  • Verification of your education (which may include high school graduation or GED , undergraduate and/or graduate degrees) will be required. You must provide proof of education from an accredited organization/institution. You must also provide proof of your professional licenses or certifications.
  • If you are identified as a top candidate and are in the military or a veteran, you will need to provide a copy of your DD-214 prior to confirming a start date.


ERCOT
This position requires the use of an ERCOT Digital Certificate ( EDC ) and therefore will require a Security Review to determine if the candidate meets all the requirements for issuance of the EDC .

Pay Range

$58.72 - $77.80

Hours

Monday through Friday
8:00 a.m. to 5:00 p.m.

May work evenings, weekends or holiday to support the 24-hour Utility operations.

Job Close Date
03/10/2023

Type of Posting
External

Department
Austin Energy

Regular/Temporary
Regular

Grant Funded or Pooled Position
Not Applicable

Category
Professional

Location
4815 Mueller Blvd, Austin TX 78723

Preferred Qualifications

Preferred Experience:
  • Experience in developing market strategies that optimize varying assets in power portfolios.
  • Experience with hedging philosophies that meet the needs of public power entities.
  • Experience with leading teams of marketers and analysts gaining consensus and growing collaboration among groups.
  • Experience in managing and negotiating power contracts.


Duties, Functions and Responsibilities

Essential duties and functions, pursuant to the Americans with Disabilities Act, may include the following. Other related duties may be assigned.
  • Responsible for managing a staff consisting of professional, technical, and administrative employees. Responsible for delivering reliable wholesale energy supplies to Austin Energy at competitive prices.
  • Implement, monitor and evaluate complex programs including but not limited to: generation dispatch, QSE operations, wholesale energy market analysis, energy risk management, fuel procurement and energy supply and sales.
  • Manage sections that may include energy marketing and dispatching, market systems development and implementation, wholesale market analysis and load forecasting, fuel procurement and risk management including forecasting, hedging, trading and performance monitoring.
  • Manage systems development, implementation and integration for ERCOT settlement, market operations, load forecasting and power operations systems.
  • Manage analysis and forecasting of electric power, natural gas, coal and related commodity prices and market trends, in the Texas and U.S. markets.
  • Manage the development and implementation of wholesale energy supply. marketing and operating strategies. Responsible for O&M and capital budgets, work plans and achievement of objectives. Manage staff participation in the ERCOT market design and development process.
  • Represent the City of Austin and Austin Energy interests to boards, commissions, councils. Serve as Director, Energy Market and Operations in their absence.
  • Responsible for crucial decisions with significant financial impact on multi-million dollar budgets.


  • Responsibilities - Supervision and/or Leadership Exercised:
    • Responsible for the full range of supervisory activities including selection, training, evaluation, counseling, and recommendation for dismissal.


    Knowledge, Skills and Abilities

    Must possess required knowledge, skills, abilities, and experience and be able to explain and demonstrate, with or without reasonable accommodations, that the essential functions of the job can be performed.
    • Knowledge of wholesale fuel and electric markets and evolving industry and regulatory developments, both nationally and in Texas.
    • Knowledge of Austin Energy's wholesale fuel and energy requirements.
    • Knowledge of the impacts of recent deregulation trends in the fuel and energy markets.
    • Knowledge of utility financial practices, including budget preparation, financial, regulatory and managerial accounting practices.
    • Knowledge of systems used to forecast, evaluate and transact business in the wholesale fuel and energy markets.
    • Knowledge of applicable processes, techniques, and methods.
    • Knowledge of Federal, State, Local laws, and ordinances governing fuel and energy markets.
    • Knowledge of supervisory and managerial techniques and principles.
    • Skill in planning, organizing, and managing multiple complex projects concurrently.
    • Skill in oral and written communication.
    • Skill in handling multiple tasks and prioritizing.
    • Skill in handling conflict resolution.
    • Skill in using computers and related software applications.
    • Skill in data analysis and problem solving.
    • Ability to work with frequent interruptions and changes in priorities.
    • Ability to train others.
    • Ability to quickly recognize and analyze irregular events.


    Criminal Background Investigation
    This position has been approved for a Criminal Background Investigation.

    EEO/ADA

    City of Austin is committed to compliance with the Americans with Disabilities Act. If you require reasonable accommodation during the application process or have a question regarding an essential job function, please call (512) 974-3210 or Texas Relay by dialing 7-1-1.

    The City of Austin will not discriminate against any applicant or employee based on race, creed, color, national origin, sex, gender identity, age, religion, veteran status, disability, or sexual orientation. In addition, the City will not discriminate in employment decisions on the basis of an individual's AIDS , AIDS Related Complex, or HIV status; nor will the City discriminate against individuals who are perceived to be at risk of HIV infection, or who associate with individuals who are believed to be at risk.
    About this Employer

     

    Austin Energy is one of the largest publicly owned electric utilities in the nation, providing low-cost reliable power to more than 500,000 customers and more than 1 million residents. Our mission is to deliver clean, affordable, reliable energy and excellent customer service.

    We are industry leaders in conservation and renewable energy, developing some of the most comprehensive energy efficiency programs in the nation. We purchase renewable energy from wind, solar and biomass facilities to minimize our impact on the environment, and are recognized as a top-ranked Texas utility for green power sales.

    As a publicly owned utility, we do more than provide power to our customers. We participate in dozens of community outreach events each year, contribute to Austin’s economic growth and continue to make strides in our commitment to environmental excellence.