Job Information
Southern California Edison Senior Manager, Energy Trading in Rosemead, California
Join the Clean Energy Revolution
Become a Senior Manager, Energy Trading at Southern California Edison (SCE) and build a better tomorrow. In this job, you’ll lead a team responsible for the development and execution of energy hedging strategies including power and natural gas physical and financial transactions, as well as the procurement of emissions related compliance products.
As a Senior Manager, Energy Trading your work will help power our planet, reduce carbon emissions and create cleaner air for everyone. Are you ready to take on the challenge to help us build the future?
This is a leadership position in SCE’s Energy Procurement and Management organization that is responsible for procuring and managing SCE’s large generation portfolio which includes new renewable energy, new energy storage resources, and conventional energy.
Responsibilities
Oversees trading strategies that are in compliance with the company's risk management guidelines and procedures to maximize company's profit margin
Confirms and approves optimal purchase timings, prices, quantities and delivery modes, and creates optimal daily nomination strategies
Owns the analysis and review of short-term electricity market conditions and operational considerations, developing trading thesis and proposing strategies for the energy trading head
Integrates and champions innovative service offerings and product development roadmap, find new market opportunities, and work internally to set specifications and carry out service development
Defines strategic direction and directs the effective execution of utilities financial transactions such as swaps and options, in alignment with the company's hedging and optimization programs, while managing the overall risk profile
Steers contributions to the development of portfolio and bidding strategies
Shapes and influences collaboration with cross-functional business units to translate objectives and requirements to support corporate initiatives
Leads large scale E/CTRM products implementation across commodities throughout Trading value chain in deal capture, risk, scheduling and nominations, settlements and accounting and should be able to architect solution for clients
Decides on the validation of key market assumptions with market data and track asset performance. Researches and quantifies deviations between forecast, budget and actual results
Confirms generation schedules by taking into consideration market information and transmission related constraints
A material job duty of all positions within the Company is ensuring the protection of all its physical, financial and cybersecurity assets, and properly accessing and managing private customer data, proprietary information, confidential medical records, and other types of highly sensitive information and data with the highest standards of conduct and integrity.
Minimum Qualifications
Five or more years of experience supervising a team of direct reports and/or project management.
Experience in utility, commodity or energy power trading.
Preferred Qualifications
Bachelor's degree or higher in Business, Finance, Science, Economics, Math, Engineering or related field.
Five years of experience in utility, commodity, or energy power trading.
Experience in natural gas trading and scheduling.
Experience in emissions allowance/ offsets procurement.
Experience developing and implementing hedging strategies.
Additional Information
This position’s work mode is hybrid. The employee will report to an SCE facility for a set number of days with the option to work remotely on the remaining days. Unless otherwise noted, employees are required to work and reside in the state of California. Further details of this work mode will be discussed at the interview stage. The work mode can be changed based on business needs.
Visit our Candidate Resource (https://www.edisoncareers.com/page/show/candidate-resources) page to get meaningful information related to benefits, perks, resources, testing information, hiring process, and more!
The primary work location for this position is Rosemead, CA.
Position will require up to 5% travel.
This position has been identified as a NERC/CIP impacted position - Prior to being hired, the successful candidate must pass a Personnel Risk Assessment (PRA) or Background Investigation. Once hired, the candidate must complete specified training prior to gaining un-escorted access to assigned work location and performing necessary job duties.
Qualified applications with arrest or conviction records will be considered for employment in accordance with the Los Angeles County Fair Chance Ordinance for Employers and the California Fair Chance Act.
Relocation may apply to this position.
About Southern California Edison
The people at SCE don't just keep the lights on. Our mission is so much bigger. We’re fueling the kind of innovation that’s changing an entire industry, and quite possibly the planet. Join us and create a future with cleaner energy, while providing our customers with the safety and reliability they demand. At SCE, you’ll have a chance to grow personally and professionally, making a real impact in Southern California and around the world.
At SCE, we celebrate our differences. We are a proud Equal Opportunity Employer and will not discriminate based on race, color, religion, sex, sexual orientation, gender identity, national origin, age, disability, protected veteran status or any other protected status.
We are committed to ensuring that individuals with disabilities are provided reasonable accommodation to participate in the job application or interview process, to perform essential job functions, and to receive other benefits and privileges of employment. Please contact us to request accommodations at (833) 343-0727.
Southern California Edison
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