Term Trader

Avista is seeking a Term Trader to manage and optimize their Clean Energy program portfolio in Spokane, WA. The role involves analyzing and trading clean energy instruments to meet regulatory requirements while ensuring resource adequacy. Responsibilities include monitoring Renewable Energy Certificates, developing strategic plans, and collaborating with internal teams. Candidates should have a relevant degree and at least seven years of energy trading experience. The position requires on-site work at least three days a week.
Job Summary

This position ensures that Avista continues to maintain and increase the value from the portfolio of Clean Energy program instruments and attributes resulting from electric/gas operations (all electric generating assets) and services in the current and emerging clean energy instrument marketplace.

Individuals in this position are expected to prudently analyze the acquisition, procurement, and economic optimization of clean energy instruments/attributes to meet current and future clean energy regulatory and legal requirements while also assuring resource adequacy in the short to intermediate-market trading term.

The successful candidate will be required to work at our Spokane, Washington headquarters at least 3 days per week including Mondays and Tuesdays with an additional day determined by the employee and manager.

Responsibilities:
• Monitor and manage Avista's dynamic Renewable Energy Certificates (RECs), Climate Commitment Act (CCA) allowances, Climate Protection Program (CCI) instruments and clean gas portfolio including strategy planning, transacting, and ensuring accurate reporting.
• Optimize Avista's portfolio of clean energy instruments/attributes by planning and developing a coordinated strategy considering generation resources and compliance obligations. Develop and execute strategic purchases and sales with market participants and clean energy marketplaces to secure appropriate volumes.
• Conduct trades of clean energy instruments as necessary within Avista's trading guidelines and risk management policies which include financial and physical products. Document all transactions. Collaborate with real-time trading staff, resource planning, environmental, accounting, finance, and other internal teams to ensure adherence with various programs.
• Develop and implement a strategic plan that maximizes the value of the corporation's resources within the Risk Management Policy guidelines. Utilizes existing market activities and structures to enable asset optimization strategies, products, and value-added services.
• Coordinate with internal Avista staff to prepare and submit required reports for verification and with regulatory agencies. Stay updated on potential changes in environmental regulations and assess their impact on Avista 's wholesale operations.
• Develop procedures, processes, and analytical tools necessary for energy supply resource budgeting, key business variance reporting for management, assessment, and reporting of changes in physical and financial positions to management and changes business risk related to portfolio management. Incumbents effectively communicate with management and regulatory commissions regarding the operation and use of such technical tools.

Requirements:
• Bachelor's degree from a regionally or nationally accredited college or university in Engineering, Accounting, Finance, or Economics or equivalent required.
• Minimum of seven (7) years of directly related marketing and energy trading experience representing an in-depth knowledge of the utility and/or energy business.
• Demonstrated significant knowledge of electric/gas power markets, products and services, wholesale customer needs, and WECC transmission grid.
• An in-depth understanding of the impacts of environmental products around hedging and trading activities is strongly preferred.
• Demonstrated advanced mathematics and analytical skills to comprehend, interpret, and inform trading decisions.
• Effective and flexible written and verbal communication skills
• Demonstrated influencing and negotiation skills
• Ability to lead and motivate others to achieve objectives through influence.