Managing Director – Energy Resources

Managing Director – Energy Resources

  • Full Time
Wage or Salary:
low $200,000s (based on qualifications, skills and abilities)

JOB PURPOSE:

This position reports to the General Manager and has primary responsibility for energy trading and marketing strategy development, overall direction and management of energy trading and marketing commercial activities, including portfolio integrity, risk and capital allocation, product development and structuring, and business development activities.  This position also oversees customer energy service programs.  This position works closely with the General Manager in developing district strategy, forecasting financial performance of the front office and structuring strategic partnerships or energy asset acquisitions.  This position is also required to report on business strategy performance to the Board of Commissioners.  Provides direction to management staff; prioritizes resources consistent with the objectives of the Energy Resources Group; and functions as a member of the Senior Management team.

JOB FUNCTIONS:

To perform this job successfully, an individual must be able to perform each essential function of the job satisfactorily.  Essential functions (EF) are those activities that, if not performed, would significantly and fundamentally alter the position.

No. % of Time   Job Functions

1. EF 25% Provides overall direction for Energy Trading, Origination, and Transmission Analysis functions.

2. EF 20% Develops and implements the long-and-short range strategic and tactical plans for Customer Energy Services, which is responsible for conservation, energy efficiency, customer solar programs, interruptible loads and other similar programs and technologies.

3. EF 10% Monitors, anticipates, and seeks to influence emerging issues affecting the energy market.  Rapidly identifies when strategies are not working and takes corrective action.

4. EF 10% Ensures the management of multiple commodities in an integrated fashion to optimize return on capital at risk.

5. EF 10% Anticipates and develops new products and services for customers and power purchasers. Identifies market opportunities for new products and services and works with the risk management to develop and properly price the offerings.

6. EF 10% Supports, through the power marketing program, the protection of the District’s natural resource and recreation programs associated with hydropower assets.  Ensures programs comply with Federal regulations.  Manages stakeholder relations.

7. EF 5% Develops the processes for identifying energy assets that can enhance the District’s strategic position in the market.

8. EF 5% Ensures continued process improvement within the group to maximize profits, resources and minimize risk, time and costs.

9. EF 5% Serves on the Risk Management Committee contributing expertise toward the overall management of District risk. Works with other departments in the District to improve information flow and decision making.

SUPERVISORY RESPONSIBILITIES:

Supervises two (2) subordinate directors and one (1) manager who supervise a total of 21 employees in the Energy, Planning and Trading and the Customer Energy Services departments.  Also supervises one individual contributor.  Is responsible for the overall direction, coordination, and evaluation of the division.    Carries out supervisory responsibilities in accordance with the organization’s policies and applicable laws.  Responsibilities include interviewing, hiring, and training employees; planning, assigning, and directing work; appraising performance; rewarding and disciplining employees; addressing complaints and resolving problems.

QUALIFICATIONS:

The qualifications listed below are representative of those required, but reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions of the job.

Education:

A Bachelor’s degree (B. S., B. A.) from four-year college or university is required, or the equivalent combination of education and experience.  Candidates with a master’s degree or CFA are preferred.

Experience:

Requires a minimum of 10 years energy/utility industry and environmental management experience.   Candidates with seven (7) years progressively responsible experience in energy marketing & trading, with experience in deal structuring, working with investors/counterparties to make trading deals, working with counterparties to develop and sell new energy related products, or similar activities are preferred. Candidates lacking energy marketing & trading experience, who have diverse industry management experience will also be considered.

License Requirements:

A valid driver’s license is required for this position (verified upon hire).  A valid Washington State driver’s license is required within 30 days of employment.

COMPENSATION & BENEFITS:

In addition to a competitive salary range in the low $200,000s (based on qualifications, skills and abilities), Chelan PUD employees also enjoy outstanding benefits which include the option of a zero cost medical plan (medical, dental and vision for all eligible dependents), short and long-term disability, Washington State Public Employee’s Retirement System, Deferred Compensation (with company matching funds up to 5%), 11 holidays and initial personal leave accrual at 27 days per year.

ABOUT US:

Chelan County PUD is located in the geographical center of Washington State at the confluence of the Columbia and Wenatchee rivers.   A public power leader, the complex and progressive nature of PUD operations offer a unique mix of challenges and opportunities.

We rely on the mighty Columbia River for much of our hydropower generation and we’re proud to take a leadership role in environmental stewardship as related to this great river system. Each year we dedicate millions of dollars and thousands of work hours to protect and enhance fish, wildlife and plant ecosystems. As part of hydropower operations, we’ve also built 14 parks that serve more than 3 million visitors each year.

Rated by Sunset Magazine as one of the top 20 Western DREAM TOWNS and by Forbes in 2017 as one of the top 25 places to retire, Wenatchee is a recreational paradise with an abundance of adventure. The natural scenic beauty of the Wenatchee Valley provides a vivid backdrop to its thriving economy, where the quality of life is high and the climate is moderate with four distinct seasons, including more than 200 days of sunshine!

Chelan PUD is an Affirmative Action/Equal Opportunity Employer and values diversity at all levels of its workforce. M/F/Vet/Disabled

HOW TO APPLY:

Apply on line at http://www.chelanpud.org/about-us/careers.  Applicants are required to submit a combined cover letter and resume in one document.  Your cover letter must summarize your interest in the position and Wenatchee Valley community, and a summary statement of management or executive level energy/utility and environmental management (or if lacking energy marketing and trading experience, diverse industry management experience).  Incomplete materials will not be considered.

To expedite the application process, combine your cover letter and resume into one PDF or WORD document before applying and upload electronically when requested in the online application process.

This position is OPEN UNTIL FILLED and applicants are encouraged to apply immediately.

Interested parties are also invited to contact Ruth Erwert, Recruiting Manager at (509) 661-4540, or joblist@chelanpud.org to discuss the position.

 

 

To apply for this job please visit www.chelanpud.org.