Trading Analyst

Function Name:  Analyst, Trading, BCQ & AS Reconciliation

Mission of Function: The Trading Analyst is responsible for the conduct of  research and analysis on the financial, economic, and  statistical information for the use of AP Energy Trading in  their strategies

Responsibilities:

I. Market Price Forecasting and Trading Analysis

• Develops and applies financial models for  valuing effects of grid events on plant gross  margin on sales/purchases of spot energy
• Support in developing market dispatch optimization models  and scenarios using the forecasting software;  determines dispatch schedules and energy  prices for the preparation of market price  projections for trading purposes
• Prepares financial model templates and reports  and tracks the day’s trade on negative trades  (buy – sell), tactical, and trader response  performance audit
• Updates and maintains the trading audit  spreadsheet which model evaluates the day’s  trading actions, gross revenues per plant traded,  and possible breaches in WESM rules
• Ensures that trading activities are consistent  with offering policies set by the company, as  well as to the rules, regulations and policies, of  WESM/ERC/DOE and other regulatory agencies  critical in the trading operations and related  activities

II. Bilateral Contract Management

• Maintains and updates the customer  nominations (monthly, weekly, daily) for the  preparation of the customer load profile for the  daily requirements of the Traders in the  development of strategies on plant dispatch for the customer load requirements and spot  quantities
• Monitors and performs analysis in the projected  versus actual energy consumption of customers
• Conducts the allocation of bilateral contract  quantities (BCQ) to the plant output and the  declaration/re-declaration of the same BCQ into  the WESM, ensuring correct financial flows both  to the generation company and to the  customers

III. Records Management and Reporting

• Support in maintaining and archiving market data, trading  records, and customer data for easy retrieval of  information needed for future analyses
• Prepares reports on trading outcome and other  related reports (e.g. preparation of supporting  documents for responses to PEMC  
  investigations on possible breaches in WESM  rules) as required by the Management and  other in-house groups

IV. Others

• Performs other related duties and  responsibilities that may be assigned by the TL
• Conforms to the company’s Quality,  Environmental, Occupational Health and Safety  and Information Security Management Systems  policies, standards, procedures and guidelines  based on ISO 9001, ISO 14001, OHSAS 18001  and ISO 27001 Standards.
• Protects information assets from unauthorized  access, disclosure, modification, destruction or  interference in accordance with ISMS policies.

Competencies  (Knowledge-Experience-Capabilities)

• Knowledge of financial modeling, gross margin  analysis modeling, and financial risk modeling
• Knowledge of WESM, client business processes,  and business operations of trading  
  counterparties
• Analytical skills in terms of competitive market  behavior for purposes of offering in the market 
• Knowledge of market data and competitive  offers in the market
• Knowledge of computer systems (especially  programs which require numerical proficiency) 
• Ability to be resourceful, to be results-oriented,  and to handle the pace and demands in an  evolving power industry
• Communication skills (Oral and Written)

Experience (No. of Years)

• Professional: At least 2 years’ experience in the power  industry, preferably in energy planning or financial risk  modeling (Fresh graduates may also be considered if with  excellent scholastic records)
• Leadership: None required
• Project: None required

Education: Bachelor’s Degree in Engineering, Mathematics, Statistics,  Economics, Finance, or any 4-year business course

License Required: None required

Certifications or  Accreditations: None required