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Rotation Analyst

Calpine

San Diego, CA

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JOB DETAILS
SALARY
$70,304–$99,000 Per Year
SKILLS
Accounting, Analysis Skills, Billing, Communication Skills, Computer Skills, Contract Review, Corporate Social Responsibility, Data Analysis, Data Collection, Electricity, Finance, Financial Analysis, Financial Operations, Financial Reporting, Forecasting, ISO (International Organization for Standardization), Java Swing, Market Analysis, Mathematics, Microsoft Excel, Microsoft Outlook, Microsoft SharePoint, Microsoft Visual Basic for Applications (VBA), Microsoft Word, Natural Gas, Power Generation, Presentation/Verbal Skills, Pricing, Product Pricing, Programming Languages, Reconciliation, Retail, Retail Operations, Risk, Risk Analysis, Sales, Software Development, Software Simulation, System Operations, Time Management, Vehicle Fleets, Wholesale Industry, Writing Skills
LOCATION
San Diego, CA
POSTED
1 day ago
Description



Calpine, a business unit of Constellation Energy Corporation (Nasdaq: CEG), is America's largest generator of electricity from natural gas and geothermal resources with operations in competitive power markets. With 79 energy facilities in operation, Calpine’s fleet has the capacity to generate approximately 27,000 MW of electricity – enough to power approximately 27 million homes. Through wholesale power operations and its retail businesses, Calpine serves customers in 22 states and Canada. Its clean, efficient, modern and flexible fleet uses advanced technologies to generate power in a low-carbon and environmentally responsible manner.



The company was established on the premise that a strong commitment to the environment is inextricably linked to excellence in power generation and corporate responsibility. Since its founding in 1984, Calpine has led the power industry in its unwavering commitment to environmental stewardship. In addition, its renewable geothermal plants use steam generated deep below the earth's surface to produce clean, renewable electricity.



Job Summary (includes but is not limited to the following, other duties may be assigned)



The Rotation Analyst Program is a 21-month program is designed to provide staff with a variety of business/financial/operations analysis assignments, resulting in broad, hands-on exposure to company’s analytic support areas and building analytics capabilities across product, service and operational areas. Incumbents provide analytical support by rotating through various departments within Calpine’s retail business at three-month interval. After successful completion of program, employee will be assessed and placed in appropriate business unit.



Job Responsibilities:





+ Developing professional knowledge of the retail power business



+ Developing use and/or application of basic principles, theories and concepts



+ Shadow members of each group while also assisting them in fundament tasks of the respective group



+ Makes decisions regarding own work within defined parameters



+ Regularly contributes useful ideas for own work area



+ Works on problems of limited scope



+ Follows standard practices and procedures



+ General instructions on routine work, detailed instructions on new assignments



+ May coordinate efforts of others



+ Be able to communicate results and findings to the relevant stakeholders within the company





1st Rotation | Billing | 3 months





+ Monitor daily usage receipt for assigned region and take appropriate steps to process



+ Meet deadlines and daily goals for WACOE price validation and generation for current pricing



+ Review contractual agreements to confirm accuracy of WACOE price calculations and approve prices



+ Meet deadlines and daily goals for invoice validation and generation for current billing



+ Utilize strong excel skills to analyze large amounts of data quickly





2nd Rotation | Settlements | 3 months





+ Update and maintain obligation models for each ISO



+ Maintain and update Load Profiles/Loss factors



+ Understand retail charges associated with each ISO market



+ Created initial and Trued-Up (ILOD and TLOD) Settlement Curves



+ Calculate Reserve Amounts, process wholesale, and ISO invoices



+ Liaise with Accounting (Accrual, reserves, etc.)





3rd Rotation | Deal Capture | 3 months





+ Understand Retail and wholesale workflow(s) and deal flow differences



+ Acquire working knowledge of how solutions retail deals are captured



+ Champion and NAP process as well



+ Capture CES Allegro Wholesale transactions



+ Understand internal systems such as Allegro and lodestar





4th Rotation | Risk | 3 months





+ Understand and assist in running DPR processes on daily basis



+ Reconcile data between RDS and DPR



+ Collect data for market risk analysis purpose



+ Validate market curve prices and communicate with desk to any discrepancies



+ Help Risk Analyst on any daily work requirements and ad hoc reporting





5th Rotation | Analytics | 3 months





+ Review accuracy of formulas used in the Swing Pricing model



+ Maintain and update models using VBA and other programming language



+ Assist business groups in verifying consistency and accuracy of LF parameters



+ Develop a thorough understanding of LMP theory, and LMP simulation software (Dayzer)



+ Maintain accurate mapping of RT/DA contingency constraints in Congestion Model





6th Rotation | MWNE Operations | 3 months





+ Construct Load Forecast Models utilizing Metrix IDR



+ Reconcile Wholesale and Retail Portfolio Positions on a weekly basis



+ Schedule Day-Ahead Positions with the various independent Systems Operators



+ Conduct MAPE analysis for the scheduled load on a monthly basis



+ Calculate and report any Intra-Month P/L on accrual process



+ Monitor changes in ISO protocols and track various ISO charges





7th Rotation | Structuring | 3 months





+ Become proficient in functional product knowledge (i.e., NES product suite, pricing components and settlement capability) and be able to articulate NES product characteristics to Sales



+ Provide basic ad-hoc analysis and reporting as needed (e.g., look-back analysis)



+ Work with various back office groups to meet customers goals





Job Requirements:





+ Bachelor’s degree in Math, Business, Finance, Engineering degree preferred



+ Basic understanding of Electricity and Natural Gas fundamentals preferred



+ Effective communication skills both written and oral



+ Proficient computer skills with an emphasis on Excel, Word, Outlook, SharePoint, and other internal systems





Salary Range or Hourly Rate range (if needed)



$70,304 - $99,000



Additional Calpine Information:





+ Equal Opportunity Employer of Minorities, Females, Protected Veterans, and Individuals with Disabilities.



+ Calpine is committed to Equal Employment Opportunity and providing reasonable accommodations to applicants with physical and/or mental disabilities. If you are interested in applying for employment and need special assistance or an accommodation to use our website or to apply for a position, please send an e-mail with your request to hrrecruitment@calpine.com. Determination on requests for reasonable accommodation are made on case-by-case basis.





Please view Equal Employment Opportunity Posters provided by OFCCP here (http://www.dol.gov/ofccp/regs/compliance/posters/ofccpost.htm)







Equal Opportunity Employer/Protected Veterans/Individuals with Disabilities

This employer is required to notify all applicants of their rights pursuant to federal employment laws. For further information, please review the Know Your Rights (https://www.eeoc.gov/poster) notice from the Department of Labor.

About the Company

C

Calpine