Director of Energy Markets
: Job Details :


Director of Energy Markets

Turlock Irrigation District

Location: Turlock,CA, USA

Date: 2024-12-10T19:58:10Z

Job Description:
Salary: $16,192.00 - $20,667.00 MonthlyLocation : Turlock, CAJob Type: Full TimeJob Number: 1773Department: POWER SUPPLY ADMINISTRATIONOpening Date: 09/27/2024Closing Date: ContinuousDescriptionJOB SUMMARYPlan, direct, supervise and coordinate the critical analysis associated with high-revenue long-term electric resource utilization, electric load forecasts, energy services including marketing activities, and business expansion. Oversight of utility power supply planning and development, maintenance of customer load database and integrated electric resource plans.Plan, direct, supervise and coordinate the trading, scheduling, and dispatching of the District's power supply assets, including generation, transmission, subtransmission, fuel stocks, supply contracts, and power scheduling and coordination services with the objective of maximizing value to the District's customers. Monitor and participate in regional energy markets and joint powers authorities. Examples of DutiesDUTIES AND RESPONSIBILITIESParticipate in the establishment of corporate short and long-range goals and strategic business planning. Perform critical analysis on both internal and external events and provide sound, professional recommendations to the Assistant General Manager Power Supply. Create and implement goals and action plans for the District, Administration, Resource Planning Department, and Energy Markets Department. Supervise the preparation of a report documenting the costs associated with various District activities related to the provision of retail and long-term wholesale electric products and services.Direct the preparation of an appropriate level of annual, long-term integrated electric and natural gas resource plan including a retail electric load forecast, utilizing assigned staff. Monitor the performance of previous plans and modify to improve economic performance. Ensure that the planning reflects the latitude and options available through the District's Risk Management Program.Provide expert guidance to staff and senior management in identifying needs and negotiating long-term power supply, sales, and service contracts with customers. Support the successful implementation of these contracts across departments, ensuring alignment with organizational objectives and customer expectations.Oversee the determination of need and negotiation of long-term power plant fuel supply, including transmission and related services. Supervise and direct the preparation of the long-term forecast of the District's retail electric load and service requirements.Provide managerial and technical support to Power Supply Administration and other District staff as requested.Participate in the development of an overall strategy and goals to optimize the use of the District's electric assets through strategic multi-market analysis, new product and resource development and facilitate the implementation of those strategies and goals.Coordinate with other administrations and staff in regard to projects, which cross administrative lines. Perform intricate analysis and decisions as to timeliness, validity and financial impact of projects within the Administration.Direct the work of outside engineering and legal consultants.Supervise, monitor and consult with assigned department managers. Provide training, information, coaching and advice regarding functions and concerns in their areas.Represent the District in the legislative, community, professional and agency meetings.Communicate external feedback and issues to the Assistant General Manager and others as appropriate.Serve as the subject matter expert for senior management regarding energy trading in conjunction with other administrations, develop market and price risk measurement procedures.Enforce compliance with trading policies.Direct development of a Rolling Twelve-Month Forecast for risk management purposes.Coordinate with other administrations in the interactions of scheduling, risk analysis, and forecasting to insure a consistent analytic approach.Participate in the Risk Management Committee (RMC) with the purpose of communicating to the other RMC members TID's market risk position and the means utilized to mitigate it.Be responsible to the Board for the trading and resource management activities undertaken on TID's behest.Monitor to insure that forward price curves are executed in a timely fashion. Coordinate with other administrations as appropriate.Provide the focus of operational risk management responsibility and authority between RMC meetings.Direct the preparation of department annual budgets. Conduct monthly reviews and adjust expenditures of funds as necessary.Comply with and enforce all District rules, regulations, policies and procedures.May serve as acting Assistant General Manager as assigned.Perform other related duties as required or assigned by supervisor. Typical Qualifications QUALIFICATIONSEducationUsually exhibited by a person with a Bachelor's degree from an accredited college or university with emphasis on engineering or another highly analytical field. A Master of Business Administration is preferred.ExperienceUsually exhibited by a person with ten (10) years of professional experience in electric utility management including five (5) years of management experience.Skills and AbilitiesInterpersonal and Communication Must have ability to interact and communicate with a broad spectrum of internal employees; develop and maintain business relationships with internal and external personnel; and demonstrate teamwork and cooperation. Must have excellent public speaking and negotiation skills, and maintain confidentiality.Maintain a positive work atmosphere by acting and communicating in a manner so that you get along with customers, clients, co-workers and management.Technical and AnalyticalMust have knowledge of the principles and practices of engineering, finance, accounting, federal, state and local regulatory requirements and financial risk assessment. An understanding of electric resource planning, including demand-side management and power supply contracting is required.Administration and OperationsMust have knowledge of electric utility operations and costing; interconnected utility operations, regional electric utility planning and methods of research report preparation; principles and practices of organization, administration, budget and management; and customer relations.Oversee the determination of need and negotiation of long-term power plant fuel supply, including transmission and related services. Supervise and direct the preparation of the long-term forecast of the District's retail electric load and service requirements.Provide managerial and technical support to Power Supply Administration and other District staff as requested.Participate in the development of an overall strategy and goals to optimize the use of the District's electric assets through strategic multi-market analysis, new product and resource development and facilitate the implementation of those strategies and goals.Coordinate with other administrations and staff in regard to projects, which cross administrative lines. Perform intricate analysis and decisions as to timeliness, validity and financial impact of projects within the Administration.Direct the work of outside engineering and legal consultants.Supervise, monitor and consult with assigned department managers. Provide training, information, coaching and advice regarding functions and concerns in their areas.Represent the District in the legislative, community, professional and agency meetings.Communicate external feedback and issues to the Assistant General Manager and others as appropriate.Serve as the subject matter expert for senior management regarding energy trading in conjunction with other administrations, develop market and price risk measurement procedures.Enforce compliance with trading policies.Direct development of a Rolling Twelve-Month Forecast for risk management purposes.Coordinate with other administrations in the interactions of scheduling, risk analysis, and forecasting to insure a consistent analytic approach.Participate in the Risk Management Committee (RMC) with the purpose of communicating to the other RMC members TID's market risk position and the means utilized to mitigate it.Be responsible to the Board for the trading and resource management activities undertaken on TID's behest.Monitor to insure that forward price curves are executed in a timely fashion. Coordinate with other administrations as appropriate.Provide the focus of operational risk management responsibility and authority between RMC meetings. Supplemental Information Necessary Special RequirementsPossession of an appropriate California driver's license.Must file a Statement of Economic Interest in compliance with Governmental Code Section 8100.Sign & Acknowledge a Confidentiality Agreement.SELECTION CRITERIAItem Percentage Required to Obtain a Passing Score Oral Interview 70% Medical ExaminationThis position may require a medical examination to determine medical fitness for performing the duties assigned to the position or classification. The Turlock Irrigation District is an Equal Opportunity Employer. It does not discriminate on the basis of, race, color, ancestry, religious creed, national origin, sex, physical and mental disability, medical condition (cancer related), age (over 40), and marital status. Assistance is available in filling out job applications for disabled individuals. The Turlock Irrigation District's bargaining unit positions are a part of an agency shop. Applicants will be subject to drug testing in accordance with FHWA regulations, when the position requires a Commercial Driver's License. The Turlock Irrigation District provides reasonable accommodations to applicants and employees with a disability in accordance with federal and state law. SUBMIT APPLICATION TO: Human Resources Department, via our web site at www.tid.orgPOSTINGAll applicants may apply beginning Friday, September 27, 2024 until position is filled or we have enough qualified applicants for consideration. Stephanie MartinezHuman Resources Analyst(209) ###-####EMPLOYEE BENEFITS SUMMARYThe following summary of benefits is provided by the Turlock Irrigation District for employees filling regular full time positions.Holidays: 12 paid holidays per calendar year Sick Leave: 12 sick leave days per calendar year with no accumulation limitVacation:M.S.P.C. Non-Bargaining Unit2 weeks (7 month through 2nd year)3 weeks (3rd year through 5th year)4 weeks + 1 day(6th year through 14th year)5 weeks (15th year through 24th year)5 weeks + 3 days (25th year & thereafter)1 Floating HolidayHealth Insurance is provided by the District and administered through our Third Party Administrator. Turlock Irrigation District utilizes the Anthem Blue Cross Prudent Buyer PPO Network. Out-of-pocket expenses can be limited if Anthem Blue Cross plan providers and hospitals are used. Employees have a choice of a PPO Plan or a HDHP (High Deductible Health Plan) during open enrollment or a qualifying event as per IRS plan guidelines.Prescription Insurance is administered by Express Scripts. We have a four-tiered co-pay structured plan: generic; formulary; non-formulary; & specialty. For maintenance medications, the Express Scripts Mail Order plan is most cost effective.Dental Insurance is provided by the District and administered through Delta Dental PPO Network. Preventative benefits are paid at 100%; basic benefits are paid at 80%, crowns, jackets and cast restoration benefits are paid at 50%. The District offers a voluntary Base Plus Buy-Up plan. Employee costs are minimized when utilizing a Delta Dental PPO Dentist/Orthodontist.Vision Insurance is provided by the District and administered through VSP. Employee costs are minimized when utilizing a VSP Optometrist. The District offers a voluntary Buy-Up Vision plan.Flexible Spending Account (Section 125) is made available to employees to cover health and/or dependent care expenses on a pre-tax basis. A flexible spending account credit card is provided by BCC for health care reimbursable expenses as per IRS regulations.Health Savings Account is made available for those employees electing the High Deductible Health Plan (HDHP) only. A Health Savings Account credit card is provided by BCC for health care reimbursable expenses as per IRS regulations.Life Insurance & Accidental Death & Dismemberment Insurance is provided by the District through VOYA Employee Benefits. Coverage amount is two times the employee's annual base salary. The maximum benefit is $200,000.Supplemental Life Insurance (Employees/Dependents) is available to District employees on a voluntary basis from VOYA Employee Benefits. Employees may elect up to $500,000, in addition to electing spousal coverage up to a maximum of $100k.Long Term Disability is provided by the District and administered by VOYA Employee Benefits. The benefit may reimburse up to 66.66% of basic monthly earnings.Deferred Compensation (457b plan) is available on a voluntary basis to District employees. Contributions are made before taxes through payroll deductions. Employees can authorize withholdings per IRS guidelines. Catch up provisions are available at age 50.Social Security/Medicare participation is required for all employees. The District matches the employee contribution.Retirement Benefits are provided by the District with a contribution by employees. The Defined Benefit Plans are based on date of hire, age, years of service, and average monthly salary at the age you elect to retire. Please refer to the appropriate retirement plan document based on date of hire.Educational Assistance Program provides employees financial assistance for occupational related school courses.01 Describe your experience with cost modeling. 02 Describe your experience with energy or commodity trading. 03 Describe your experience dealing with California renewable regulations. 04 Describe your experience and philosophy with managing personnel. Required Question
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