Careers at Pacific Summit Energy

POSITION DUTIES:

• Develop, negotiate and execute power transactions such as ;

• Physical / financial power sales in ERCOT, CAISO and/or PJM with wholesales market participants like municipals, cooperatives, retailers, and/or end-users.

• Physical / financial power offtake deals with new development projects and existing power plants in ERCOT, CAISO or PJM.

• Originate, evaluate and structure transactions with such counterparties to maximize profit.

• Support internal departments like market risk management, credit, accounting, legal or others in order to materialize the transactions as mentioned above.

• Support analysis of the power market trends including regulatory changes, quantitative data for the benefit of the power origination and trading activity.

• Produce documentation in a timely and accurate manner that will provide deal entries, accounting and invoice and payables support. Maintain records consistent with Company internal rules and policy.

• You will maintain your office and conduct your responsibilities at the Company’s office located in the Woodlands, Texas. You will perform reasonable travel as required by your employment duties.  You will carry out your responsibilities in accordance with business principles and strategies approved by the Company.

• You will serve the Company exclusively. You will devote your full attention, skills and ability to your responsibilities as Power Originater. You will not become involved in or engage in any other business, enterprise or organization as an employee, officer or director without prior approval of the President or Senior Vice President.

REQUIREMENTS:

• Actual prior experience in the energy industry in power origination with records of closing short/long-term power sales or offtake agreements and building good relationships

• Good at structuring the transactions by utilizing various derivative tools.

• Knowledge of energy market dynamics and the ability to stay current with changing technologies, regulations and trends influencing the continued adoption of renewable energy

• Good to work with various commercial and corporate departments.

• Self motivated, driven individual with high standards focused on results

• Bachelor’s degree, or related experience

POSITION DUTIES:

Researches, develops, tests, and/or modifies enterprise-wide systems and/or applications software

Analyzes user/business software system requirements and determines needs

Determine the functionality of an application and performs upgrades over time

Maintains documentation to support software development policies, standards, and procedures

Able to work independently with business staff

Supports our systems roughly 20% of his time, develops 75% of his time, assists with Quality Assurance and miscellaneous 5% of his time.

REQUIREMENTS:

Bachelor’s Degree in a Computer Science or related technical discipline.

4+ years of experience with Core Java/J2EE, SQL, Eclipse and Spring frameworks, multithreading, async messaging

Familiarity with the Web development frameworks like Springboot, Angular etc…

Experience with source code repositories like SVN, CVS or GitHub.

Experience with build tools like Maven, Ant.

Strong Troubleshooting/problem solving skills.

Knowledge/experience of SDLC practices.

Excellent communication and presentation skills to work with trading and business staff.

Big pluses:

• UNIX, MySQL, Hibernate, JSON, Web Services (RESTFUL & SOAP).

• Experience with energy trading or any trading codebase.

OTHERS:

• Optional Work from Home Mon. & Fri.

• Must work at our The Woodlands, TX office 730a-4p Tue., Wed. and Thu.

• Light travel to our Richmond, VA and Irvine, CA.

• Systems support

POSITION DUTIES:

Schedule and confirm natural gas deliveries to power generators, local distribution companies, marketers, and end use customers.  A gas scheduler must use their independent judgement and natural gas pipeline knowledge to utilize the most economic transportation path.  There can be many sources and prices of gas and many transportation routes that can be used on any given day.  This knowledge is gained by using natural gas pipeline electronic bulletin boards, relationships with the various pipeline representatives, and historical experience with the various natural gas pipelines.  In addition, Schedulers must use their best judgement matching up suppliers and markets, based off of historical experience with these counterparties.

Commit Pacific Summit Energy to significant costs associated with decisions associated with the use of transportation, transportation rates, demand charges, contract maximum daily quantities, and contract primary receipt and primary delivery points.

Maintain detail and data in daily spreadsheets and PSE’s energy management system.  Gas Schedulers must be extremely detail-oriented in their daily spreadsheets and communications with power generators, local distribution companies, marketers, and end use customers.  Upstream contracts, pipeline meters, upstream DUNS numbers, downstream contracts, pipeline meters, and downstream DUNS, must all be noted and communicated to the various customers.  All detail and data must be transferred and “pathed” within the energy management system, so counterparties are correctly invoiced.

Evaluate natural gas pipeline imbalances via the respective pipeline electronic bulletin boards.  Imbalances are accumulated by the Gas trading group activity on the pipelines.  Must report and advise trading management the best options of resolving imbalance issues.

Evaluate and communicate daily natural gas pipeline operational conditions to management and consult on solutions to any difficulties of the transportation of gas due to these operational conditions.

Certify and reconcile monthly accounting activities.  Check on each transportation contract monthly flows, counterparty reductions, and make an independent judgement to enter pipeline cash-out or enter a carryover ticket, and at what price that deal gets entered.

Investigate and resolve prior period adjustments that are assigned.  Prior period adjustments can have a significant financial impact, depending on the Scheduler’s decision.

Help manage Pacific Summit Energy’s physical portfolio position and provide consultation for their respective trading group and upper management.  A Scheduler must have acute knowledge of Pacific Summit’s accounting system and superior analyzation skills to help investigate and resolve problems P&L issues that occur.

Working weekends and holidays will be required, as the natural gas industry is a 7 day a week, 24 hour a day business.

REQUIREMENTS:

2-5 years of experience as a scheduler

POSITION DUTIES:

You will report to Lee Blandford, Senior Originator.  Hybrid schedule: Tuesday-Thursday in the office. You will be responsible for the following tasks:

• Support the West Origination team through all phases of the customer sales lifecycle for Natural gas and Environmental products transactions.

• Assist with the on-boarding of new customers and brokers.

• Perform monthly customer nomination adjustments in our deal capture system.

• Create monthly reporting on upcoming customer renewals.

• Ensure complete and accurate enrollments for new counterparties.

• Perform deal capture for deals executed by the West Origination team.

• Communicate effectively with internal business and external partners to address issues such as, credit approvals, legal contracting entities, and account number confirmations, etc.

• Prospect for new customers as directed by the Origination team.

• Produce documentation in a timely and accurate manner that will provide for deal entry, accounting and invoice and payables support and you will maintain records consistent with Company policy.

• You will maintain your office and conduct your responsibilities at the Company’s office located in The Woodlands, Texas. You will carry out your responsibilities in accordance with business principles and strategies approved by the Company.

REQUIREMENTS:

• Minimum of a bachelor’s degree

• Proficient in Microsoft Excel

• Must be self-directed, have a sense of urgency, and a customer service focus.

• Ability to work and contribute as an effective collaborator in a fast-paced sales environment

• Preference for a base level of energy industry knowledge

• Preference for understanding of mid and back office functions (Settlements, Accounting, Contracts, etc.)

• Excellent organizational skills

• Proactive and able to problem solve

• Highly motivated self-starter that is capable of multitasking