Managing Director/Director of Market Operations

Job Description

Job Description

Salary: $161,000-$287,000 (DoE)

Job Overview

Responsible for short- and long-term pre-scheduling and real-time market functions including, but not limited to, forecasting loads and resources, determining operational resource portfolio, recording contracted energy levels, creating, reviewing and approving electronic scheduling tags, negotiating long-term and day-ahead power and gas transactions, reconciling imbalance accounts, and directing Power Traders, Real-Time Schedulers, Market Specialists, and other market operations personnel.

Serves as UAMPS senior lead for organized market readiness and Western Market Integration, with a focus on EDAM participation. Responsible for preparing UAMPS portfolio, systems, scheduling practices, data, reporting, risk controls, settlement processes, and member communications for EDAM implementation and ongoing operations. Ensures that senior management and members are well informed of EDAM readiness, market impacts, operational risks, and recommended actions.

Responsibilities and Duties

1. Assumes responsibility for effectively performing market operations, scheduling, and portfolio optimization functions.
   1. Forecasts daily UAMPS load and resources and inputs monthly energy and gas resource amounts, including contracted levels and generation expectations.
   2. Performs ongoing market analysis and advises senior management on strategies to reduce market exposure, manage risk, minimize costs, and optimize the UAMPS portfolio.
   3. Directs day-ahead, pre-schedule, and real-time trading and scheduling activities, including power, transmission, gas, electronic scheduling tags, imbalance management, and operational troubleshooting.
   4. Develops and implements day-ahead and real-time scheduling, bidding, and portfolio optimization strategies in coordination with balancing authorities, transmission providers, market operators, scheduling entities, and counterparties.
   5. Builds and maintains tools, dashboards, and reporting used to monitor loads, resources, prices, outages, congestion, settlements, portfolio value, and market exposure.
2. Assumes responsibility for EDAM readiness, PacifiCorp coordination, and Western Market Integration.
   1. Serves as UAMPS internal subject matter expert for EDAM readiness and participation.
   2. Evaluates EDAM rules, PacifiCorp implementation requirements, business practice manuals, settlement impacts, resource sufficiency requirements, transmission provisions, congestion exposure, and operational readiness needs.
   3. Assesses EDAM impacts on UAMPS contracts, load-serving obligations, resources, transmission rights, scheduling practices, hedging, settlements, accounting, member costs, and risk management framework.
   4. Coordinates with PacifiCorp, CAISO, WECC, balancing authorities, transmission providers, market participants, consultants, legal and regulatory advisors, and internal teams on EDAM implementation and operating requirements.
   5. Prepares decision-focused analyses and presentations for senior management, members, committees, and the Board regarding EDAM readiness, risks, opportunities, and recommended actions.
3. Assumes responsibility for leadership, communication, and process improvement.
   1. Supervises, supports, and develops market operations personnel. Ensures traders and schedulers have clear procedures, tools, escalation paths, and performance expectations.
   2. Maintains professional and productive relationships with members, counterparties, PacifiCorp, market operators, transmission providers, gas suppliers, and other external contacts.
   3. Keeps senior management and members well informed of market positions, pricing projections, risks, EDAM impacts, and operational developments.
   4. Partners with accounting, finance, legal, contracts, planning, regulatory, and member services teams to validate invoices, settlements, market charges, cost allocation, data quality, and policy impacts.
   5. Identifies workflow inefficiencies and leads implementation of automation, data improvements, process controls, and scalable market operations practices.
4. Assumes responsibility for related duties as required or assigned.
   1. Ensures that the work area is clean, secure, and well maintained.
   2. Stays informed of industry, market, and power trends.
   3. Attends professional meetings and seminars. Participates in various market development efforts.
   4. Completes special projects as assigned.

Performance Measurements

1. Market scheduling, forecasting, tagging, settlement, and reporting functions are timely, accurate, complete, and compliant with applicable policies, procedures, regulations, and market requirements.
2. UAMPS is effectively prepared for EDAM participation, including readiness of systems, staffing, workflows, reporting, controls, settlements, and stakeholder coordination.
3. Management and members receive clear, accurate, and actionable information regarding portfolio position, market exposure, EDAM impacts, and operational risks.
4. Professional relations are preserved with members, counterparties, market operators, transmission providers, PacifiCorp, and internal departments.
5. Process improvements, tools, and analyses improve market visibility, cost control, risk management, and operational efficiency.

Qualifications

Education/Certifications

- Bachelors degree in business, engineering or a related field, or an equivalent combination of work experience and education. Advanced degree or additional technical training preferred.

Required Knowledge

- Knowledge of western power, transmission, gas, bilateral, and organized market operations. Knowledge and experience with EDAM, CAISO, PacifiCorp, WECC, Western Market Integration, settlements, transmission, congestion exposure, resource sufficiency, and portfolio risk management strongly preferred.

- Understanding of computer programs, market systems, settlement systems, market portals, electronic scheduling tag systems, OASIS, dashboards, and analytical tools related to power, transmission, gas, scheduling, and organized market operations.

Required Experience

- Director level: 7+ years of progressively responsible experience in power markets, scheduling, trading, market operations, transmission, asset management, portfolio optimization, or related energy-market functions.

- Managing Director level: 9+ years of experience preferred for senior-level placement, including significant leadership responsibility and demonstrated expertise in Western power markets, EDAM, CAISO, PacifiCorp, WEM, settlements, transmission, or portfolio risk management.

Experience supervising traders, schedulers, analysts, asset managers, market specialists, or other market operations personnel.

Required Skills/Abilities

• Excellent planning, analytical, math, communication, and executive presentation skills.
• Able to organize, summarize, validate, and report complex market, operational, settlement, and portfolio data.
• Able to develop logical approaches, question assumptions, influence consensus, and recommend practical actions on complex market issues.
• Strong attention to detail and ability to work effectively in a fluid, time-sensitive, and rapidly changing market environment.
• Advanced Excel skills required. Experience with SQL, Python, Power BI, Tableau, market portals, settlement systems, OASIS, electronic scheduling tag systems, or optimization tools preferred.
• Able to use all related hardware and software applications.

Working Conditions

No hazardous or significantly unpleasant conditions. Work is generally performed in a typical office environment. May require participation in time-sensitive early morning, evening, emergency market operations, EDAM implementation, stakeholder, or operational-response discussions as needed.

Salary Range

Director of Market Operations: $161,000-$242,000 Annually (DoE)

Managing Director of Market Operations: $191,000-$287,000 Annually (DoE)

Benefits

• Employer-paid medical, dental, life, and AD&D insurance for employees and their families
• Employer-funded 401(a) pension plan
• 11 paid federal holidays
• Paid time off (PTO)
• Parental leave