Analyst, Power Supply & Portfolio Optimization at Wabash Valley Power Alliance

Indianapolis, Indiana, United States -

Full Time

Start Date

Immediate

Expiry Date

30 Apr, 26

Salary

0.0

Posted On

31 Jan, 26

Experience

2 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Portfolio Optimization, Power Supply Analysis, Risk Management, Financial Transmission Rights (FTRs), Compliance Filings, Commercial Strategy, Data Management, Market Dynamics Analysis, Quantitative Analysis, Valuation, Market Interface Monitoring, Hedge Analysis, Commodity Analysis, MISO Interface, PJM Interface

Industry

Utilities

Description

Company Description About Us Headquartered in Indianapolis, Indiana, Wabash Valley Power is a not-for-profit electric cooperative and wholesale provider of reliable, affordable electricity to our 21 electric distribution member cooperatives. These cooperatives in turn serve more than 280,000 homes, businesses, and farms in Indiana and Illinois. As a not-for-profit co-op, we do things a bit differently—and that’s the point. Because we aren’t influenced by shareholders, we make our decisions with our members in mind. That means we value things like teamwork, and putting families first. It also means a business model that’s designed for stability and growth. It’s a Deliberately Different approach to the energy industry, and that’s great news for the people who count on us. What You'll Get We believe what benefits our employees benefits our company. That’s why we put employees first—your health, your family, and your development. These aren’t just slogans: We offer continuing education, flex time, health benefits, a 401(k) match and pension plan, and much more. Here are just a few of the things that make our company culture unique: • No Sweat - We offer a wellness program that includes a payroll credit for medical insurance, an on-site fitness center for your convenience and extra vacation days for participating. We’ll even throw in a fitness device reimbursement to keep you on track! • Flex Time - Our flexible schedule means you can work in your appointments or family events and maintain a comfortable work-life balance. • Stay in School - We value employees who have a desire to learn, so we provide funds for continuing education. We also offer in-house training and ongoing development through our internal GROW program. • Keep it Casual - When you work for us, you work in comfort. Blue jeans are the norm in our office and we make them look good! • Work Hard, Play Hard - We reward our employees with generous vacation time, to the tune of up to five weeks off a year. Even our new employees receive credit for prior work experience. Job Description This position is responsible for planning, developing, and maintaining analytic systems used to understand the current performance of Wabash Valley Power’s power supply portfolio. The role supports the development of strategies and policies to address risks and opportunities related to Wabash Valley Power’s power supply obligations. Essential Duties and Responsibilities: Analyze portfolio activity, including monitoring market interface of Wabash Valley Power resources, reviewing power invoices, and assessing cost requirements. Monitor and maintain appropriate registrations in organized markets for Wabash Valley Power resources and loads. Develop requirements and arrange sources for Financial Transmission Rights (FTRs) to reduce costs associated with transmission congestion. Prepare compliance filings related to power load and capacity regulations. Conduct special projects as assigned by the Executive VP, Power Supply. Support key commercial analytical functions to enable data-driven decision making, discover insights, enhance margin, and refine strategy across Wabash Valley Power’s portfolio. Develop knowledge of industry trends, policy changes, market dynamics, and opportunities/threats, performing analysis to support strategy and policy development. Manage data and analytics associated with the portfolio of generation, fuel, load, hedges, and related commodities to understand and maintain positions, volatilities, correlations, risk exposures, and opportunities. Identify and assess alternative commercial strategies and portfolio positions, evaluating their impact to optimize variable margin and manage risk exposures. Provide fundamental market intelligence and analysis to support commercial activities, including evaluating third-party supply/demand analyses, facilitating development of market views, and identifying emerging value opportunities. Develop and implement systems to monitor, evaluate, and report the performance of the power supply portfolio. Serve as an interface between Wabash Valley Power and various power and transmission associations such as ACES Power Marketing, Midwest ISO, and PJM. Assist other company functions with analysis and evaluation of strategic initiatives, including member rate structure, energy efficiency, budgeting and forecasting, and demand response. Perform other duties as assigned. Qualifications Education and Work Experience: Bachelor’s Degree in Business, Economics, or Engineering preferred. Minimum of 3 years of experience in the energy sector required. Prior power supply market experience, along with knowledge of electric utility processes, practices, issues, and policies preferred. Experience in risk management preferred. Skills and Competencies: Strong cross-functional skill sets preferred, including: Valuation and quantitative analysis Commercial mindset Understanding of markets, instruments, and market rules Understanding correlation of risks and opportunities Familiarity with market data sources, analytical tools, and systems Additional Information All your information will be kept confidential according to EEO guidelines.

Responsibilities

This role is responsible for planning, developing, and maintaining analytic systems to evaluate the performance of Wabash Valley Power’s power supply portfolio and supporting strategy development to address associated risks and opportunities. Essential duties include analyzing portfolio activity, monitoring market registrations, arranging Financial Transmission Rights, preparing compliance filings, and managing data related to generation, fuel, load, and hedges.