POSITION PURPOSE

This position is located at Headquarters in Bismarck, ND and is not a remote position.

This position is open to varying levels based on experience.

Executes physical and financial trades and manages short-term and long-term physical and financial positions for power, natural gas, diesel, and tar oil. Develops and implements hedging strategies, advises on market conditions, and ensures compliance with FERC, NERC, NAESB and RTO protocols. Mentor’s the less experienced traders and contributes to strategic planning and portfolio optimization.

ESSENTIAL DUTIES

• Manage multi-commodity portfolios with significant annual value by executing short-term and long-term physical and financial trades across multiple market areas, while ensuring appropriate scheduling of energy commodities.
• Responsible for the development of short-term and long-term physical and financial energy, natural gas, and transmission positions.
• Responsible for the development and implementation of short-term optimization of resources, ancillary services, and imbalance.
• Develop, negotiate, and implement innovative plans for the acquisition or sale of power, natural gas, and transmission.
• Develop and implement short-term and long-term plans to optimize the operations and positions.
• Monitor and thoroughly understand the power and natural gas industries regarding production, transmission, economics, and regulatory requirements.
• Responsible for BEPC and DGC physical and financial hedging activities, and coordinates, implements, and administers these hedging activities pursuant to the Cooperative’s risk management criteria.
• Develop and maintain strong working relationships with counterparties, control area operations, pipelines and all divisions within Basin Electric Power Cooperative and Subsidiaries.
• Thorough understanding of market trends, pricing structures, supply-demand dynamics, regulatory developments, and key risk factors, such as transmission constraints, generation outages, and competitive pressures, to guide trading and origination strategies. 
• Collaborate with risk and quantitative teams to proactively monitor and mitigate financial, operational, and market risks, ensuring compliance with risk limits.
• Deliver thorough updates to senior leadership on market developments, risk exposures, and key performance indicators. 
• Collaborate closely with quantitative analytics and operations teams to support commercial initiatives and ensure smooth execution of trading and origination activities.
• Perform other duties as assigned. 

MINIMUM QUALIFICATIONS

• Bachelor’s degree in Business, Finance, Economics, Energy Management or related discipline and 5 years of progressive physical or financial trading or related energy market experience; or
• A related associate’s degree and 7 years of progressive physical or financial trading or related energy market experience; or
• A high school diploma or equivalent (GED or HSED) and 9 years of progressive physical or financial trading or related energy market experience.
• Travel up to 10% of the time.

PREFERRED QUALIFICATIONS

• Thorough knowledge and understanding of the electric power supply industry and/or natural gas industry, generation operations, marketing, trading and power or natural gas scheduling. 
• Thorough Knowledge of the power or natural gas markets.
• Demonstrated track record of profitable trading or reliability improvements.   

PHYSICAL AND ENVIRONMENTAL DEMANDS

This position requires the ability to remain in a stationary position and to move about the office building, occasionally reaching below and above shoulder level, constant use of a keyboard/computer and other office productivity machinery, bending, kneeling, lifting/carrying up to 10 pounds, and pushing/pulling up to 20 pounds. It also requires finger dexterity and hand coordination.

KEY SKILLS

• Effective communication and collaboration skills.
• Strong organizational skills, and attention to detail and accuracy in data entry and analysis.
• Strong analytical and problem-solving skills.
• Proficient with Energy Trading systems and Microsoft Office Suite.