About us
National Grid is hiring a Senior Trader, for our Energy Trading department in Waltham, Hicksville, or Brooklyn (Hanson).
Every day 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.
Job Purpose
National Grid is looking for a Senior Trader who will complement the Long-Term Clean Energy Supply team to perform analyses 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 to meet National Grid's statutory requirements in Massachusetts to enter into cost-effective long-term contracts for clean energy, including Offshore Wind and Energy Storage.
Key Accountabilities
* Analyses the results of requests for proposals and procurement of renewable and clean energy, including offshore wind and energy storage, under the guidance of a lead or manager. This includes reviewing power dispatch modelling results, environmental mitigation plans, economic benefit analyses, and diversity, equity and inclusion plans included in bid proposals
* Plans, develops and completes economic, financial and technical studies as required for various proposals and opportunities presented to Long-Term Clean Energy Supply
* Research renewable and clean energy markets and developing technologies, including offshore wind, large hydroelectric power, and emerging energy storage technologies
* Work collaboratively and develop relationships with key stakeholders, both internal and external (example: state agencies, outside consultants, other utilities) 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 Company's four local electric distribution utilities, ensuring contracts for the electricity and capacity necessary to provide adequate and reliable electric supply are executed and managed consistent with the goals of the Company and state laws and regulators
* 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
* Ensure all energy planning and procurement activities comply with corporate and industry standards for risk management
* Develop and utilize peer group network in order to absorb and apply technical and professional best practice within own area of specialism in order to drive customer and shareholder value
* Draw up requirement specifications, conduct feasibility studies and produce high level business models to support senior management in defining renewable/electric procurement strategies to ensure least cost, reliable electric supply
Qualifications
* Bachelor's degree, preferably in Engineering, Finance, Math, Business Administration, Economics, Computer Science or other analytical discipline is required, advanced degree preferred, and 3+ years' experience, preferably in the utility industry, government/policy, energy storage industry or wholesale markets
* Extensive experience with Microsoft Excel
* Experience in quantitative and/or wholesale market modeling; experience in benefit-to-cost evaluations, preferred
* Experience and knowledge of Energy Storage Systems strongly preferred
* Experience of managing complex projects independently
* Knowledge of relevant industry operations and Massachusetts clean energy legislation
* Understanding of project management techniques and methods
* 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
* Knowledge of wholesale energy markets, independent system operator market, and state and federal legislation, with understanding of interconnected utility operations
* 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
More Information
Salary
$133,000 - $157,000 a year
This position has a career path which provides for advancement opportunities within and across bands as you develop and evolve in the position; gaining experience, expertise and acquiring and applying technical skills. Internal candidates will be assessed and provided offers against the minimum qualifications of this role and their individual experience.
