Trader, Energy Trading

National Grid is hiring a Trader for our Energy Trading department in Hickville, NY or Syracuse, NY.

Everyday we deliver safe and secure energy to homes, communities, and businesses. We are there when people need us the most. We connect people to the energy they need for the lives they live. The pace of change in society and our industry is accelerating and our expertise and track record puts us in an unparalleled position to shape the sustainable future of our industry.

To be successful we must anticipate the needs of our customers, reducing the cost of energy delivery today and pioneering the flexible energy systems of tomorrow. This requires us to deliver on our promises and always look for new opportunities to grow, both ourselves and our business

National Grid is looking for an Electric Trader for New York who will perform electric trading and portfolio analysis in order to meet the service needs of the customer and financial and business objectives of National Grid. In this role you will contribute to the planning, contracting and procurement process for supply of electricity, environmental attributes, and capacity for National Grid's electric local distribution territories. You will ensure supply meets the Company's goal of providing reliable and cost effective service while obtaining full cost recovery on a current basis.

* Implement and manage power purchase agreements ("PPA's") with small independent power producers ("IPP's") that sell generation to the Company.
* Independently collate and analyze electric supply and renewable portfolio data using pre-determined tools, methods and formats in order to support the department's planning and volatility management process.
* Perform load forecasting, load scheduling and bidding with the New York Independent System Operator (NYISO), as well as interaction with Independent System Operator-New England (ISO-NE).
* Analyze data and work processes in order to identify opportunities for improvement.
* Execute energy service scheduling, purchasing and selling instructions and requests, plan and organize resources and make appropriate arrangements to ensure that work is carried out efficiently and in line with relevant policies and processes.
* Develop relationships with key stakeholders in order to fully explain and support the implementation of National Grid policies and processes.
* Monitor and/or assess working practices to ensure they are compliant with legislation and governance.
* Test and challenge existing procurement, scheduling and trading procedures and highlight areas for improvement in order to ensure they are robust.
* Plan and contract for the Niagara Mohawk service territory, ensuring that contracts for the electricity and capacity necessary to provide an adequate and reliable electric supply are executed and managed in accordance with the goals of the Company, as well as state laws and regulations.
* Provide analytical insight into the supply portfolios across jurisdictions.
* Support regulatory filings related to power supply and renewable standards.
* Prepare accurate and timely reporting of data for internal and external stakeholders.
* Assist in the development of electric hedging and procurement strategies consistent with the regulatory policies and practices applicable in each jurisdiction in which the Company operates.
* Ensure all energy planning and procurement activities comply with corporate and industry standards for risk management.

Qualifications - Knowledge & Experience Required:
* A Bachelor's degree, preferably in Engineering, Math, Business Administration, Economics, Finance, Accounting, Computer Science or other analytical discipline is required.
* Typically role requires a minimum of 3 years' experience, preferably in the utility industry.
* Proficient in relevant software e.g. Microsoft Office and Excel.
Knowledge of a coding language, Python, SQL, or other.
* Knowledge of relevant industry operations and legislation, with an understanding of interconnected utility operations.
* Knowledge of National Grid's policies and processes and how to apply them effectively.
* Knowledge of:
Regional (Northeast) electricity markets and infrastructure, including supply, transmission, generation, and capacity
New York regulatory policies applicable to electric supply procurement and pricing
Energy commodity trading and procurement practices, products/instruments (physical and financial), and processes
Financial markets and hedging products
Energy risk management practices, standards, and processes
Contract negotiation processes and practices; negotiation skills
NYISO policies, bid practices and strategies, and FERC tariffs
Ability to bring creative and innovative approaches to the business
Exhibit high personal standards of commitment, integrity, and reliability
Ability to build and maintain relationships with suppliers and regulators
* Demonstrates the ability to network internally and externally and to develop successful, long lasting business relationships with others and seeks to understand and challenge business scenarios to the benefit of all parties.

National Grid is an equal opportunity employer that values a broad diversity of talent, knowledge, experience and expertise. We foster a culture of inclusion that drives employee engagement to deliver superior performance to the communities we serve. National Grid is proud to be an affirmative action employer. We encourage minorities, women, individuals with disabilities and protected veterans to join the National Grid team.