TRADING SPECIALIST

FDC Utilities, Inc.

Taguig City
Posted 3 weeks ago

The Trading Specialist facilitates the day-to-day trading operations of the FDCUI power plant portfolio, which includes, but not limited to: (a) assessment of WESM data, (b) optimization of plant scheduling, (c) bilateral contract management and optimization, (d) monitoring and compliance to the WESM rules including submission of reportorial requirements, (e) coordination with plant operators, system operators, market operators and customers with regards to trading and dispatch, (f) formulation of generator offers and dispatching strategies, (g) energy market modeling and price forecasting.

 

JOB DESCRIPTION
  1. Coordination with customers regarding Bilateral Contract Quantities (BCQ) declarations and other concerns related to contracted quantities.
  2. Coordination with System Operator, Market Operator, and plant operation personnel on day-to-day operations
  3. Formulate generator offers that optimize profit and balances plant efficiency/reliability
  4. Preparation and submission of accurate BCQs to the WESM/IMEM
  5. Optimization of Bilateral Contract Quantities
  6. Regularly update the Trading Database (e.g., market prices, demand, etc.)
  7. Ensure every market transaction made complies with the WESM rules
  8. Submission of reportorial requirements pertaining to WESM Compliance
  9. Submission of daily and weekly reports on trading operations and electricity market status.
  10. Effective and efficient scheduling of trader shifts
  11. Continuous improvement of internal business processes
  12. Energy Market Modelling – Electricity price simulation and forecasting
  13. Provide accurate monthly, quarterly, and annual reports to management
  14. Submit accurate and timely Customer Billing Determinants to the Billing Group.
  15. Assess and recommend or develop, as necessary, tools and software for trading operations
  16. Manage customer and resource data in CRSS.
  17. Annual CAPEX and OPEX budget of the Trading and Scheduling department
  18. Perform other duties that may be assigned from time to time.

 

QUALIFICATIONS
  1. Must have a Degree in Engineering, Economics, Business courses, Mathematics, and applied Sciences.
  2. Must have at least 4 – 5 years of relevant experience in the electric power industry and/or electricity trading with preference to candidates with a working knowledge and understanding of WESM, EPIRA, Grid Code, and RCOA.
  3. Proficient in MS Office Applications (Word, Excel, Powerpoint, Access). Knowledge of database programming and programming languages such as C++, VB.NET, Python, MATLAB, and R is an advantage.

 

Interested applicants may submit their Letter of Intent and updated resumé to careers@fdcutilities.com or to annaliza.gueta@fdcutilities.com.