Principal Organized Markets Data Analyst Salary$115,377.60 - $162,427.20 AnnuallyLocation Tacoma, WAJob TypeNon-ClassifiedRemote EmploymentFlexible/HybridJob NumberT0190-24ADepartmentPowerOpening Date05/15/2024Closing Date6/14/2024 4:00 PM Pacific
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Position DescriptionTacoma Power's Resource Operations and Trading team is currently seeking a Principal Organized Markets Data Analyst to join its high-powered team. The Resource Operations and Trading team is responsible for managing the operation and optimization of Tacoma Power’s resource portfolio while maximizing the value of Tacoma Power's interactions with wholesale electric power markets. The Resource Operations and Trading team's core focus is to maximize Tacoma Power's wholesale electric power market revenue while minimizing price and volumetric risk. These activities are vital to maintaining low and stable rates for Tacoma Power's retail service customers.The Principal Organized Markets Data Analyst is a subject-matter expert responsible for applying advanced statistical techniques to report on Tacoma Power's performance and inform Tacoma Power's strategy in organized wholesale electric power markets. The ideal candidate is adept at making sense of complex, high quantity, and sometimes contradictory information; building partnerships with others to meet shared objectives; developing and delivering multi-modal communications that clearly convey the message intended for their audience; gaining the confidence and trust of others; and learning through experimentation while tackling new problems.Responsibilities include:
Partner with trading, operations, and policy staff to design business intelligence models, metrics, dashboards, visuals, and reports. Utilize the business intelligence garnered from these tools to inform market strategy and management decision-making.
Use subject matter expertise to inform Applications/Systems Engineers in the development and improvement of market databases and applications. Utilize those databases and applications to further inform and optimize Tacoma Power's interactions with organized electricity markets.
Work cross-functionally to model and analyze the impact of market design initiatives, regulatory rule making, and market alternatives on Tacoma Power's organized market position. Inform market policy and strategy with model and analysis results. Update and refine models to reflect changes in business strategy or policy landscape.
Employ statistical techniques to analyze market financial outcomes against the operational constraints and trading strategies they reflect. From that analysis, identify and communicate opportunities to increase value to Operations & Trading staff and management.
Assist junior staff with identifying the root of complex back-office issues.
QualificationsMinimum EducationBachelor's degree in Engineering, Computer Science, Economics, Statistics, Mathematics or directly related field. Minimum Experience4 years of experience in statistical analysis, data modeling or data analytics including 1 year prior lead or supervisory experience. Equivalency: 1 year of experience = 1 year of education Licensing, Certifications and Other RequirementsSome Assignments:North American Electric Reliability Corporation Critical Infrastructure Protection certification (NECC-CIP) Selection Process & Supplemental InformationApplyInterested individuals should apply online and attach a detailed resume and cover letter that includes job experience, major responsibilities and accomplishments related to this position.Applications will be reviewed as they are received for interview consideration.This is a hybrid position. To ensure effective collaboration and support, candidates must reside within a two-hour commute of the worksite and be available to attend onsite meetings as required.Reference checks will be conducted on final candidates and appointment is subject to passing a background check.Please note: We are not an E-Verify employer.Tacoma PowerTacoma Power (https://www.linkedin.com/company/tacoma-power/) is an almost 100% hydroelectric, municipally-owned public power utility, located in Tacoma. We serve more than 180,000 customers as one of the three operating divisions of Tacoma Public Utilities, alongside Tacoma Water and Tacoma Rail. As one of the most livable, walkable cities in the country, you'll find that Tacoma is a great fit for all interests with places to bike, run, hike, and explore, the perks of a big city, and the charm of a small town.City of Tacoma Commitment to Diversity and InclusionTacoma's diversity is its greatest asset. Tacoma embraces its multi-cultural and multi-ethnic character. Communities of color and immigrant communities are fundamental to Tacoma's entrepreneurial spirit, workforce, and long-term success. In Tacoma, equity and empowerment are top priorities, meaning that all Tacoma residents must have equitable opportunities to reach their full potential and share in the benefits of community progress. One of our goals is for the City of Tacoma workforce to reflect the community it serves. We actively work to eliminate racial and other disparities and welcome candidates with diverse backgrounds and/or multicultural skill sets and experiences. Our goal is for Tacoma to be an inclusive and equitable place to live, work, and play.The City of Tacoma is an Equal Opportunity Employer and values diversity in its workplace. Applicants are considered for positions without regard to race, color, religion, sex, national origin, ancestry, age, marital or veteran status, disability, sexual orientation, gender identity, or any other basis prohibited by federal, state, and local laws.Communication from the City of Tacoma:We primarily communicate via e-mail during the application process. E-mails from cityoftacoma.org and/or governmentjobs.com must be placed on your safe domain list to ensure that you receive notifications in a timely manner. As a precaution, you may also want to check your junk e-mail folders.If you have any additional questions regarding this position, please contact the Human Resources Department at 253.591.5400.The City of Tacoma provides excellent medical, dental and vision plans for the whole family; paid holidays and paid leave; participation in the Tacoma Employees' Retirement System (alternate plan for Police/Fire); continuing education and advancement opportunities and a growing variety of City-sponsored health and wellness opportunities and incentives.Medical Coverage: For eligible employees and their families, including domestic partners and dependent children age 26 or younger.Dental Coverage: For eligible employees and their families, including domestic partners and dependent children age 26 or younger.Vision Coverage: For eligible employees and their eligible dependents.Paid Leave: City employees are entitled to received paid holidays, sick/vacation leave or personal time off (PTO), depending upon union affiliation and appointment type.Insurance Plans: Employees are covered by a long-term disability plan. Short-term and expanded long-term disability insurance plans are also available to employees. The State Industrial Insurance Act also covers employees.Deferred Compensation: Income can be set aside on a pretax basis and invested for supplementation of normal retirement income.Retirement: All employees of the City, except members of the Police and Fire services, Tacoma Rail and certain project employees, are included in the Tacoma Employees' Retirement System. Information on the Tacoma Employees' Retirement System can be found at www.cityoftacoma.org or by calling (253) 502-8200.Other Employment InformationDirect Deposit: Employees are paid on a bi-weekly schedule by direct deposit.Salary Increases: Based on satisfactory job performance, the City provides for a regular progression of salary increases for most classifications according to the salary schedule.Union Affiliation: Many job classifications are covered by union security provisions which require union membership, dues, or payment of equivalent service fees.Note: The provisions of this job announcement do not constitute an expressed or implied contract. Any provision contained herein may be modified and/or revoked without notice.01 Responses to supplemental questions must be original content created by the applicant using their own words. The use of online tools or resources to create responses, such as Artificial Intelligence (ChatGPT, etc.), Google, Bing, etc., or plagiarism in any form, is considered cheating and falsification of the application. I understand that any form of cheating or falsification will disqualify my application for further consideration.
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Do you have a Bachelor's degree in Engineering, Computer Science, Economics, Finance, Statistics, Mathematics or a similar field (equivalency: 1 year of experience = 1 year of education)?
Yes
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In addition to a Bachelor's degree in one of the aforementioned fields of study, do you have at least four years' of experience in statistical analysis, data modeling or data analytics or equivalency (equivalency: 1 year of experience = to 1 year of education)?
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Do you have experience working in the electric power sector?
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Do you have experience working with organized whole electric power markets?
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Describe your experience working with organized wholesale electric power markets, including your experience with the software systems utilized.
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Describe an analysis you conducted that led to a change/improvement in your organization's approach.
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Describe what equity means to you and describe any experience you have working with diverse groups of people.
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Please tell us how you learned about this job opening.
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Please provide specific information regarding how you learned about this job opening. Thank you, your feedback will be used to evaluate our success reaching the public and refine our methods for future job postings.
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AgencyCity of TacomaAddressHuman Resources Department 747 Market Street Tacoma, Washington, 98402-3764 Phone253-591-5400 Websitehttp://www.cityoftacoma.org Apply Please verify your email address Verify Email