Are you ready to join an organization where we focus on People First, have fun at work and make a difference in what we do?
Dairyland is proud of our People First culture centered around appreciation, celebrating wins and collaboration. We’ve worked hard to ensure alignment between our culture and our processes and systems, learning and development and rewards and recognition programs.
As a team, we work together to leverage the team’s diverse perspectives, ideas and experiences to deliver nothing less than the best. We are collaborative, transparent and committed to our People and their work experience, growth and professional development.
The Power Marketing Trader is responsible for monitoring hourly forecasts of Dairyland and its wholesale customers load requirements and capabilities of Dairyland’s generation assets and that of its customers. Coordinate with Dairyland System Operation Center to ensure load serving and MISO obligations are met. Implement changes to Unit Limits and member/customer schedules as required to fulfill MISO obligations/requirements. Develop the proficiency to become a contributing member of Dairyland’s market trading team, with primary emphasis on next day trading.
Level I Hiring Salary Range: 73,400 - $110,100
Compensation is determined by a combination of factors, including but not limited to education, work experience, and certifications. The actual offer may vary, reflecting the candidate's unique blend of experience, educational background, and skill level
The Impact You'll Make In This Role:
ESSENTIAL JOB FUNCTIONS:
1. Work to ensure that Dairyland meets MRO and NERC reliability standards with respect to Purchasing/Selling Entities.
2. Monitor and update MISO Market Portal to ensure unit capabilities are properly represented.
3. Responsible for bidding Dairyland’s loads and that of its wholesale customers and generation offers in the MISO Day Ahead and Real Time energy markets to maximize the benefits/value of their load and generation assets consistent with Risk Management Policies and Procedures.
4. Initiate purchase or sales energy transactions with approved counter parties that settle financially or are expected to go to physical delivery within established trading limits.
5. Review offers for appropriate inclusion into the Reliability Assessment Commitment (RAC).
6. Document RAC cleared offers in appropriate medium and contact appropriate SOC/Generation personnel.
7. Monitor generator dispatch modes and 5- and 10-minute dispatch instructions.
8. Modify and/or create Municipal and Grandfathered Agreement Transmission (GFA) tags as directed.
9. Perform price and costing analysis as directed by trading staff.
10. Assist in execution of trades as directed.
11. As a member of the marketing team, assist in the establishment of marketing goals and strategies to achieve those goals. Share with other members of the marketing team for market intelligence and structure information.
12. Keep abreast of market and industry changes, including MISO procedures and applicable MRO standards. Review trade journals, regulatory changes, and technical papers. Attend conferences and seminars as appropriate.
13. Represent Dairyland on MISO or other industry subcommittees and/or task forces, as assigned.
14. Perform other duties as assigned.
Nature and Extent of Financial Responsibility: In absence of Lead Trader position is responsible for managing Dairyland’s load and that of any wholesale customer’s exposure in the MISO Day Ahead and Real Time markets along with maximizing the value of generation and energy contracts. Position has defined authority consistent with Risk Management Policies and Procedures. Individual will receive training in risk management practices and be required to acknowledge understanding and acceptance of limits imposed per Risk Management Policies and Procedures.
Your Experience and Expertise:
MINIMUM QUALIFICATIONS:
Education and Experience:
Power Marketer I
Bachelor of Science degree in Engineering, Accounting, Finance, Analytics, or Business, or an equivalent combination of education and experience. Experience or knowledge in areas such as transaction negotiation, commodities transactions, managing energy resources, economic-based purchases, and administering long-term contracts, particularly with an electric utility or in a technical position related to energy production. Experience in trading, scheduling energy, or utility-related dispatch functions is preferred. Additional non-retail sales experience within the electric utility and energy production sectors will also be considered.
Job Knowledge: Knowledge of standard energy products and wholesale power markets preferred. Must possess an understanding of and compliance with risk management policies and procedures. Contract knowledge desired. Knowledge of MISO and other regional marketing policies and procedures desirable.
Skills and Abilities: Must have the ability to identify system limitations and follow the steps necessary to create a solution. Also must have the ability to react quickly and make decisions in a fast-paced environment. Computer proficiency in spreadsheets, word processing, and database management also required. Must be goal oriented, adaptable to change, foster innovation, and display teamwork behaviors. Ability to give, receive, and document information. Must be physically able to perform the essential functions of the job.
Licenses and Certifications: Valid driver’s license required.
Environmental Demands: Normal office conditions. On-call status, which will require evening and weekend work. Frequently fast-paced, high-pressure environment. Sitting, standing, walking, kneeling, crouching/stooping /squatting, and bending. Give and receive extensive written and verbal communication both in person and through communications equipment. Requires ability to differentiate colors, dexterity to operate office equipment and near vision as required for PC and similar equipment. This position requires occasional travel for training.
Other Job Characteristics: Position will have defined trading authority (trading limits) consistent with Dairyland Risk Management Policies and Procedures. The position requires occasional travel for business meetings, meetings with customers and training.
Dairyland Benefits:
We are committed to providing our greatest asset, our People, with as many perks and benefits as possible. Some benefits of working with us include:
- Health & disability benefits (medical, dental, vision, short & long-term disability)
- Life insurance
- Generous 401(k) and Pension Plans
- Paid Time Off
- Robust Wellness Program
- New Flexible Work Program
- Tuition Reimbursement
- So much more!
Dairyland Power Cooperative is an equal opportunity employer. All applicants will be considered for employment without attention to race, age, color, religion, sex, sexual orientation, gender identity, national origin, veteran or disability status.
If you are an individual with disabilities who needs accommodation or you are having difficulty using our website to apply for employment, contact our HR Department at 608-788-4000.
