Job Information
Arizona Public Service Term Trading Analyst II / Senior | Resource Management in PHOENIX, Arizona
Term Trading Analyst II / Senior | Resource Management
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Date: May 17, 2024
Location: PHOENIX, AZ, US, 85004-3903
Company: APS
Our present and future success depends on the creative and dedicated people of our company who demonstrate the principles outlined in the APS Promise: Design for Tomorrow, Empower Each Other and Succeed Together.
Summary
Join APS as a Term Trading Analyst in the Resource Management team. You will be pivotal in data analysis, resource planning, and market evaluation. Collaborating with the newly established Market Policy and Term Analytics Group, you will support APS's strategic market initiatives and ensure our advocacy positions and operational decisions align with market trends.
What your day would be like:
You are responsible for:
Analyze market trends and conditions to develop resource plan alternatives.
Conduct complex data analysis and modeling to support business and operational plans from Financial Budgeting, Generation Outage Planning, Rate Making, Fuel Transportation Procurement, Term Trading Transactions, and other Resource Operations.
Collaborate with the Market Policy and Regulatory groups to manage market governance and regulatory matters.
Work with peer utilities and market stakeholders to support APS's market positions and priorities.
Develop resource plan alternatives based on market trends, wholesale market changes, and analytical findings.
Conduct comprehensive analyses and modeling functions with limited supervision.
Evaluate resource plans and market changes, requiring input from other departments and applying advanced qualitative and quantitative techniques.
Support APS’s market participation efforts, maximizing reliability and customer affordability through data-driven decision-making.
Technology AURORA and RTSIM
*Employees in Flex roles are required to reside in Arizona (or NM for Four Corners-based employees). Role types are subject to change based on business need.
Minimum Requirements
Term Trading Analyst II | Resource Management
BS/BA Degree in business, engineering, economics, finance, information technology, mathematics, physics or similar quantitative field
PLUS four (4) years related business analytics experience, or an equivalent combination of education and experience with demonstrated comparable knowledge and abilities.
Must have good communication, presentation and writing skills.
Knowledge of principles of economic unit commitment/dispatch, wholesale market operations and the functional and economic characteristics of Company power resources and the interconnected system is desired.
Basic knowledge of natural gas markets including contracts, and utilization within a power plant.
Proficient computer skills including a thorough knowledge of a commonly used industry programming language to modify large data sets and extensive experience in the applied use of Microsoft Excel, Power Point, Access, and Word is desired.
Term Trading Analyst Senior | Resource Management
BS/BA Degree in business, engineering, economics, finance, information technology, mathematics, physics or similar quantitative field
AND six (6) years related business experience, or an equivalent combination of education and experience with demonstrated comparable knowledge and abilities.
Knowledge of principles of economic unit commitment/dispatch, wholesale market operations and the functional and economic characteristics of Company power resources and the interconnected system is desired.
Knowledge of natural gas markets including contracts, and utilization within a power plant.
Must have strong communication, presentation and writing skills.
May be responsible for leading teams in evaluations and implementation of solutions.
This position may rotate through various areas of Resource Management and, depending upon the area, could involve work shifts that are different from normal business hours.
Certain departments may require ability to work rotating on call shifts, as business needs require.
Preferred Skills, Knowledge and Qualifications
Proficient computer skills including a thorough knowledge of a commonly used industry programming language to modify large data sets and extensive experience in the applied use of Microsoft Excel, Power Point, Access, POWER BI and Word is desired.
Major Accountabilities
1) Conducts complex analysis of energy markets, system operations, resource evaluations, or other business or operational plans or items utilizing advanced qualitative and quantitative techniques.
2) Develops and supports presenting information to leaders and executives highlighting or recommending resource plan alternatives based on market trends and conditions, wholesale market changes or other analytical findings critical to the business.
3) Evaluates resource plans, market changes or other complex analysis that requires input from Legal department, Regulatory, Resource Management, Fossil Generation, and/or Middle and Back Office, etc.
4) May perform analysis to optimize the timing of generation outages, determine economic power transactions, and assist traders in developing strategies for serving APS load obligations in the most cost effective manner that also supports system reliability.
5) Performs moderately complex quantitative analysis using production cost models to develop a comprehensive resource plan, support trading and the Fuels Department, implement the hedge plan or produce the corporate Fuel Budget.
6) Evaluates historic and forecasted market data, including pricing and trends to develop forecasts and analytical and mathematical models and analysis to support business unit performance plans and efforts
7) Develops detailed and complex reports, such as the Integrated Resource Plan or topic specific white papers, to support business unit initiatives and decision making involving capital expenditures, major commercial commitments and changes in operating strategy.
8) Performs economic and financial studies, including cash flow analysis, rates of return computations and revenue requirements analysis as required.
9) Provides technical and advanced quantitative methods in support of system operations, trading, middle office, and risk management functions.
10) Actively participate in projects to produce effective project teams. Ensure the development of a cooperative culture that supports team accomplishments and eliminates barriers and roadblocks.
11) Maintain a high awareness and understanding of key internal business functions, personnel, potential business improvement opportunities, key industry issues, key stakeholders, regulators, and technology trends. Assists others participating in industry forums involving activities that affect the energy markets to provide input for changes and to understand impacts to APS.
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 (i.e. '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-US 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 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 E-Verify poster. View the employee rights and responsibilities under the Family and Medical Leave Act (FMLA).
Arizona Public Service is a smoke free workplace.
Flex Role:
This position is not required to be performed at a specific APS facility as long as adequate technology and a solid ergonomic set up are present. Pending agreement with leadership, employees hired into this role will be able to choose where they prefer to perform their work, but the ultimate decision is the company's. Employees will have two options to choose from:
APS office based: The employee prefers to work most of the time from an APS facility.
Home based: The employee prefers to work most of the time from his/her home.
*Employees in Flex roles are required to reside in Arizona (or NM for Four Corners-based employees). Role types are subject to change based on business need.