Power Marketer/Originator - MFE (Princ / Senior) Portland, OR #112356

Date: Jul 9, 2024

Location: PORTLAND, OR, US, 97232

Company: PacifiCorp

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PacifiCorp is seeking customer-centric candidates to grow and sustain our commitment to a culture of customer service excellence, environmental sustainability and diversity, equity and inclusion.

General Purpose

This position is responsible for the negotiation of power purchase agreements, including qualified facilities to enhance value and reduce risk to customers. Design, develop and deliver strategies and plans for effective commodity contract management, restructuring, and effective dispute resolution with respect to wholesale, qualified facility and retail customers. Manage mid marketing activities, renewable energy credit market and SO2 markets through bilateral and request for proposal activities.

Responsibilities

Responsibilities of the Sr. Level position include the following:

• Proactively sell and buy energy wholesale products and services from wholesale qualified entities to enhance value or reduce risk exposure in the WECC.

• Restructure existing contractual obligations.

• Identify opportunities for new transactions.

• Establish and develop relationships with key individuals and entities in the wholesale market place.

• Feed market intelligence back into the organization.

• Drive transactions through the internal evaluation and approval process.

• Supply internal consulting services to other segments of the corporation with respect to commodity issues surrounding custom retail transactions.

• Coordinate closely with Trading.

• Represent PacifiCorp to new and existing customers.

• Provide testimony and support in regulatory proceedings as required.

• Develop, execute and maintain account sales plans and strategies.

• Apply knowledge and negotiation expertise using WSPP, EEI and ISDA Master Agreements.

• Assist and administer requests for proposals for various energy related products. Assist in evaluation of bids, negotiation of contracts, and regulatory activity related to the requests for proposals.

• Assist in strategy and position management for various products that have been assigned to Origination (RECs, SO2, GHG Allowances)

• Assure transactions are appropriately fed through the internal evaluation and approval process (structuring/pricing, risk management, accounting, credit, legal, and senior management).

In addition, responsibilities of the Principal Level include:

• Restructure existing contractual obligations to reduce risk or enhance net power costs for customers.

• Identify opportunities to represent PacifiCorp to new and existing customers.

• Manage the bi-lateral relationship between PacifiCorp and wholesale entities and resolve contractual issues where bi-lateral negotiation is required.

• Establish and develop relationships with key individuals and entities in the wholesale market place.

• Write proposals for potential transactions and coordinate the internal evaluation and approval process for such proposals.

• Negotiate and write wholesale contracts to effectuate transactions.

• Provide internal consulting services to other segments of the corporation with respect to commodity issues surrounding custom retail transactions.

• Negotiate and manage interruptible contracts with large industrial customers.

• Negotiate and manage qualifying facility contracts.

• Administer requests for proposals for various energy related products. Assist in evaluation of bids, negotiation of contracts, and regulatory activity related to the requests for proposals.

• Provide day-to-day project and workload oversight on junior power marketer

Requirements

• Bachelor’s Degree in a related field; or the equivalent combination of education and experience.

• A minimum of three years experience in performing various energy sales and energy market functions.

• Proven skills in sales and negotiations, problem solving, and analysis.

• Strong communication and interpersonal skills to assertively negotiate transactions and settlements.

• I ​​​​​​​ n addition, requirements for the Principal level position include the following:

• A minimum of five years experience in performing various energy sales and energy market functions.

Preferences

• Master’s degree.

• Knowledge of the WECC wholesale energy and gas market with minimum 3 + years experience in structuring and/or analyzing energy transactions with a proven understanding of commodity risk management concepts.

Additional Information

Req Id: 112356

Company Code: PacifiCorp

Primary Location: PORTLAND

Department: Resource Planning

Schedule: FT

Personnel Subarea: Exempt

Hiring Range: $133,000 - $180,300.00

This position is eligible for an annual discretionary performance incentive bonus of up to 30.35% of salary.

Benefits: Health care, retirement, paid time off, tuition assistance, paid short-term and long-term disability, paid bereavement leave. For more information, please visit: https://careers.pacificorp.com/content/New-Benefits-Page/?locale=en_US

Employees must be able to perform the essential functions of the position with or without an accommodation.

At PacifiCorp, we celebrate diversity, equity and inclusion. PacifiCorp is proud to be an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion or religious creed, age, national origin, ancestry, citizenship status (except as required by law), gender (including gender identity and expression), sex (including pregnancy), sexual orientation, genetic information, physical or mental disability, medical condition, veteran or military status, familial or parental status, marital status or any other category protected by applicable local, state or U.S. federal law.

Unless otherwise required by law, all offers of employment are contingent upon the successful completion of a background check and drug screening including for marijuana. While marijuana is legal in several states, including Oregon, a positive test for positions in Oregon may disqualify a candidate. The company complies with the laws of Washington and California and only obtains and considers positive tests for marijuana in safety-sensitive positions or those covered by U.S. Department of Transportation regulations.