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 financial trading instruments in wholesale power and gas markets and the concepts of commodity risk and evaluation

• Expert skills in analyzing energy market conditions or trends

• Expert ability to translate broad market information into a profitable trading strategy and to execute that strategy with an entrepreneurial and competitive perspective, which assists PGE in actively trading in commodities and executing power transactions

• Expert ability to develop information and present proposals to a variety of audiences and work in multidisciplinary teams with a diverse group of customers and clients

• Advanced ability to identify and communicate critical details of plant operations to origination, trading and risk groups

General Competencies

• Advanced analytical thinking skills

• Advanced business acumen

• Advanced creativity and innovation skills

• Advanced decision-making skills

• Advanced influence skills

• Expert knowledge of utility industry

• Advanced problem-solving skills

• Advanced risk management skills

• Advanced written and oral communication skills

• Intermediate change leadership skills

Leader Practices

• Drives Results

• Plans and Aligns

• Decision Quality

• Drives Engagement

• Courage

PHYSICAL, COGNITIVE DEMANDS AND SCHEDULE/ATTENDANCE

Cognitive Demands

• Ability to adhere to set response times, deadlines and time-sensitive tasks

• Ability to follow accuracy standards

• Ability to follow through on decision-making tasks

• Ability to interact effectively and collaboratively within a team environment

• Ability to communicate and problem solve when under stress

• Ability to respond and adapt to frequent change

• Ability to accept and demonstrate self-awareness when provided constructive feedback

• Ability to discern feedback and acknowledge ownership of areas of improvement

• Ability to avoid future mistakes by applying reasonable skills to new but similar work situations or tasks

• Ability to successfully collaborate with peers, managers and others within the organization

• Demonstrates sound memory

• Ability to process new information to be applied consistently to work task

Schedule/Attendance

• Ability to work long hours

• Ability to work a variable schedule

• Ability to report to work and perform work during periods of severe inclement weather

• Ability to consistently meet attendance standards for regular, reliable, predictable, full-time attendance

• Ability to work shift schedule

• Ability to work on-call schedule

Environment

• Office - Hybrid - 3 days per week in office

Compensation Range:

Actual total compensation, including a performance based incentive bonus, is commensurate with experience, skills, qualifications, education, training, and internal equity. While we anticipate the selected candidate for this position will fall towards the middle or entry point of the compensation range, the decision will be made on a case-by-case basis.

PGE believes in rewarding dedicated performance. We provide a total rewards package that is designed to reward your contributions to the company, and, at the same time, support your well-being and professional development, both now and into the future. To find out more, click here.

Join us today and power your potential!

Assisting with storms or other Company emergencies is a part of all positions at Portland General Electric.

PGE is committed to diversity and inclusion in the workplace and is an equal opportunity employer. PGE will not discriminate against any employee or applicant for employment based on race, color, national origin, gender, gender identity, sexual orientation, age, religion, disability, protected veteran status, or other characteristics protected by law.

PGE does not discriminate on the basis of disability. We recognize individuals have a variety of abilities to offer and we believe there is much to value and celebrate by incorporating different abilities into the work we do. One very important way we live this out is in our application and interview process. We work hard to support individuals who may need an accommodation to fully participate in these processes. If you feel you may need an accommodation, or would like to request one, please notify the Talent Acquisition Specialist (Recruiter) associated with the job posting. You may also make this request by contacting talentacquisition@pgn.comor by calling 503-464-7250. The Recruiter will provide information and next steps for the accommodation process. Our Diversity, Equity & Inclusion (DEI) team is also available for support. You can contact them at dei@pgn.com.

To be considered for this position, please complete the following employment application by the posting close date. Posting closes at midnight (Pacific Time) on the closing date below. If no date is listed, job is open until filled.