Real Time Trader

Summary

The Real Time Trader ensures that APS customers are provided the most economical sources of energy by analyzing real-time market conditions and making decisions to purchase from other companies, generate internally, or sell to other utilities and marketers. Markets excess resources to other utilities and marketers on a real time basis. Personally develop and implement specific marketing strategies to negotiate sales and purchases on a real time basis to maximize APS' bottom line profit. Understand and execute all trading activities in compliance with Regulatory and Reliability standards and protocols. Purchases and sells intraday natural gas for the system, when needed, to ensure significant imbalances do not occur. Manages gas storage and assists Traders in arbitrage opportunities. 

Minimum Requirements

• BS/BA degree in business, economics, engineering, or related field
• And two (2) years related experience, or an equivalent combination of education and experience.
• Qualification on all 3 trading floor desks (Gas, EIM, Power), as well as M&T University will fulfill the experience requirements in absence of other combination of education and experience.
• Demonstrated effective verbal and written communication skills.
• Ability to perform under stress in a dynamic environment. Demonstrated ability to make analytical decisions utilizing mathematical skills.
• Ability to utilize a computer and associated data bases, software, hardware.
• Experience with OATI and PCI products.
• Ability to work rotating shifts

Major Accountabilities

1) Continually project system load requirements and commit most economical APS resources to meet customer requirements.

2) Analyze real time market conditions, negotiate and purchase most economical energy source for APS customer load.

3) Negotiate sales of energy to other utilities and marketers in a real time competitive market environment.

4) Continually monitor and analyze on-line generation to ensure sufficient system operating reserves.

5) Ensure that interconnected system and associated power pool operating agreements, criteria and guidelines are met.

6) Provide complete and accurate documentation of all transactions, commitments, counterparty and Balancing Authority communications and events relating to the generation and marketing of APS Energy Resources.

7) Implement an optimum gas supply strategy program which maximizes supply at the most cost effective level.

8) Negotiate cash market gas purchases and sales.

9) Qualify on all 3 trading floor desks (Gas, EIM, Power), as well as M&T University, if not previously qualified with equivalent experience.

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).

In compliance with the Drug Free Workplace Act of 1988, the Company is committed to a work environment that is free from the effects of alcohol and controlled substances, and free from the abuse or inappropriate use of prescribed and over-the-counter medications. The Company requires employees to be subject to drug and alcohol testing that is job-related and consistent with business necessity, regulatory requirements and applicable laws.