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NE
NV Energy
Sr Power Trader
Career Insights for Securities / Commodities Trader
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Based on Nevada data
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What they do
A Securities or Commodities Trader trades securities or commodities electronically or on a trade or auction floor such as a stock exchange. Securities include stocks and bonds; commodities include products such as oil, gold, or corn. Monitors financial markets and the performance and price of different securities. Negotiates prices and terms for a sale or trade.
$197,731 / year median in Nevada
+9% projected growth
Job Description
Sr Power Trader NV Energy - 3.5 Las Vegas, NV Job Details Full-time 1 hour ago Qualifications Database systems Word processing Spreadsheets Regulatory compliance Desktop applications Productivity software Full Job Description Basic Purpose Responsible for wholesale buying and selling of electric energy; acquisition of transmission capacity to facilitate the physical delivery and receipt associated with the purchase and sale of electric energy, and the scheduling of energy deliveries. Essential Duties and Responsibilities Monitors the electric energy markets to maintain a working knowledge of price, availability, and demand for electric energy within the interconnected electric systems. Negotiates the best price, considering alternative sources and available transmission paths, and arranges for the purchase of energy. Pursues and negotiates wholesale marketing and brokering opportunities. Locates and arranges for the use of transmission capacity to allow for the delivery of energy bought and sold. Submits hourly bids into the Western Energy Imbalance Market (EIM). Supports Generation Desk Traders with the economic dispatch of Company generation facilities. Reviews and submits hourly base schedules into the EIM. Monitors gas burns. Coordinates with balancing authority operators on resource plans. Provides an accurate hourly record of sales, purchases and transmission interchange energy transactions. Provides training as required for less experienced traders. Ensures all compliance aspects of position are known and followed; understands and complies with all policies, codes and regulations applicable to position and company. Performs related duties as assigned. Essential Education, Skills, and Environment Education and Work Experience Bachelor's degree from an accredited school and 4 years of experience in energy trading or relevant experience. Candidates that do not possess a bachelor's degree must have a minimum of 8 years of related work experience. Specialized Knowledge and Skills Demonstrated knowledge of: Electric system operations, generation production cost modeling. Western Electric Coordinating Council (WECC) interconnected transmission system, NERC and WECC regulations/guidelines Western Systems Power Pool agreements. Power trading activities Demonstrated skills such as: Analytical, interpersonal and communication Written and verbal skills to allow communication to all levels of management, regulators, and public audiences. Equipment and Applications PCs, word processing, spreadsheet and database programs. Work Environment and Physical Demands May require working a rotation shift schedule to cover 24x7 operations which includes nights, weekends, and holidays. General office environment. No special physical demands required.