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Real-Time Trader, West

Real-Time Trader, West

The Energy Authority IncBellevue, WA, US
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Job Description

Job Description

About The Energy Authority

The Energy Authority is a public power-owned, nonprofit corporation with offices in Jacksonville, Florida, and Bellevue (Seattle), Washington. TEA provides public power utilities with access to advanced resources and technology systems so they can respond competitively in the changing energy markets. Through partnership with TEA, utilities benefit from an experienced organization that is singularly focused on deriving the maximum value of their assets from the market.

Join Our Team as a Real-Time Trader in Bellevue!

Are you ready to take on a dynamic role in the heart of the Western US energy market? As a Real-Time Trader, you’ll negotiate hourly energy transactions across various trading hubs, managing a diverse portfolio of power generation assets, including clean renewable hydroelectric power. You’ll 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.

In this role, you’ll collaborate with forward traders, portfolio managers, and analysts to develop and deploy innovative risk management strategies. Through our economies-of-scale operations, extensive experience, and proprietary optimization technologies, we create significant value for our clients, helping to reduce costs for their rate-paying customers.

What You’ll Do :

  • 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 You’ll Love Working Here : 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

    • Ready to make a difference in the energy market and enjoy a flexible, balanced lifestyle? Apply now to join our innovative team and power up your career!

    TEA Values

    TEA employees share a common sense of purpose. When TEA accomplishes its mission, the result is improved quality of life for the citizens and businesses of the communities our clients serve.

    TEA employees exceed the expectations of those they 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 TEA’s founding entrepreneurial spirit by seizing opportunities to deliver value.

    If you are self-motivated, driven to deliver excellence, and passionate about your career, TEA is the perfect place for you.

    It’s YOUR Future. It’s OUR Future.

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    Trader • Bellevue, WA, US