Incorporated in 1948, Old Dominion Electric Cooperative (ODEC) provides reliable, cost-effective, environmentally balanced, wholesale electric services to our 11-member distribution cooperatives in Virginia, Maryland and Delaware. Our core business is generating, purchasing and delivering electricity to our members. ODEC is a not-for-profit generation and transmission cooperative that operates for the benefit of our members, who are our owners. Our home office is located in Glen Allen, Virginia.

Purpose of Job:

The Manager, Trading Operations is located in the Glen Allen, Virginia home office and directs the implementation of ODEC’s real-time and day-ahead energy purchasing decisions. This highly impactful position participates in the development of ODEC’s energy and gas purchasing and trading strategies, provides coordination of the operational aspects of the PJM market, implements short-term congestion management strategies and securing transmission as well as manages the scheduling of ODEC power generation resources, distributed generation and interruptible retail customers that impacts energy and gas purchasing strategies. This individual performs power purchase invoice verification/reconciliation/approval to ensure correct payments are made to major counterparties including PJM and submits the Federal Energy Regulatory Commission (FERC) Electric Quarterly Reports (EQR) filings on a timely basis.

Essential responsibilities include:

• Manages ACES short-term procurement of energy pursuant to ODEC policies and strategies
• Monitors changes in operational characteristics of plants and PJM rules, implementing such changes in various systems
• Manages load control recommendations for member cooperatives interruptible load
• Negotiates fuel cost policies with PJM and the Market Monitor
• Reviews and settles power invoice reconciliation / verification
• Works with SCADA personnel and ensures real-time load information is available to make power procurement decisions
• Acts as internal department “control” authority for meeting Sarbanes-Oxley requirements for power supplier-billed information

Work Experience:  Minimum 7 years’ experience in the power industry in a similar role required

Critical Knowledge, Skills and Abilities:

• Must have a complete understanding of power markets and how they interact with ODEC’s power contracts
• Must have an understanding of power plant operating characteristics
• Must have an understanding of PJM regulations and regulatory compliance pertaining to power and transmission purchases and sales
• Knowledge of FERC’s anti-market manipulation requirements and related business rules
• Intermediate proficiency level of Excel

Preferred Knowledge and Skills:

• PJM e-Tools Suite knowledge and experience

Education:  Bachelor’s degree in Engineering, Mathematical, Accounting or related degree required

Travel details: Occasional travel required

Working Conditions and Physical Demands:  Ability to enter data, look at a computer monitor for long periods of time, interact effectively with others through verbal communication, video and email, work full days (8 hours) in an office environment and work weekends during peak periods

We offer a competitive salary, defined benefit retirement security (pension) plan, medical, dental, vision, 401(k) company match, vacation based on relevant years of experience, generous sick time accrual and holiday pay in addition to many other benefits offerings. Please apply via this link www.odec.com/careers for consideration.

ODEC provides equal employment opportunities to all employees and applicants for employment and prohibits discrimination and harassment of any type without regard to race, color, religion, age, sex, national origin, disability status, genetics, protected veteran status, sexual orientation, gender identity or expression, or any other characteristic protected by federal, state or local laws.

 This policy applies to all terms and conditions of employment, including recruiting, hiring, placement, promotion, termination, layoff, recall, transfer, leaves of absence, compensation and training.

No Phone Calls or Agencies Please

About Old Dominion Electric Cooperative

Incorporated in 1948, Old Dominion Electric Cooperative (ODEC) provides reliable, cost-effective, environmentally balanced, wholesale electric services to our 11 member distribution cooperatives in Virginia, Maryland and Delaware. Our core business is generating, purchasing and delivering electricity to our members. ODEC is a not-for-profit generation and transmission cooperative that operates for the benefit of our members, who are our owners. Our corporate headquarters is located in Glen Allen, Virginia.

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