Sobre este puesto de Risk Control Program Manager (Mid Office) en City of Austin
About This Position
Austin Energy is a community-focused, vertically integrated electric utility with market-leading track records in technology innovation, customer assistance, and environmental leadership. The utility seeks an experienced leader for its Middle Office and Market Settlements team of technical professionals, who manage power market settlements, counterparty credit risk, electric market rules, hedge program reporting, and trade policy compliance.
Job Description:
Risk Control Program Manager
Purpose:
Under minimal direction, this position is responsible for providing risk control functions to ensure compliance with the City’s fuel and energy trading risk management policies, procedures, and processes; Electric Reliability Council of Texas (ERCOT) protocols and rules; Federal Energy Regulatory Commission rules; and the City of Austin and Austin Energy (AE) financial policies and processes and procedures.
Duties, Functions and Responsibilities:
Essential duties and functions, pursuant to the Americans with Disabilities Act, may include the following. Other related duties may be assigned.
Advises Risk Oversight Committee, Chief Risk Officer, and other interested parties on the state of energy trading and risk management program compliance, performance, violation of governing rules and regulations, and the City and AE’s exposure to various risks.
Provides oversight to the installation and implementation of deal capture and risk analytical systems for monitoring the compliance and measuring the performance of AE’s fuel and energy trading and risk management operation.
Provides leadership in development and implementation of internal processes to monitor, evaluate, and report on fuel and energy trading, property insurance, claims, infrastructure, and risk management operation to ensure compliance with the established rules, standards, policies, and procedures.
Trains appropriate staff and managers on fuel and energy trading, liability insurance, claims, infrastructure, and risk management rules, standards, and processes to ensure compliance.
Manages credit risk for fuel and energy trading and risk management operation. Manage AE’s credit requirements with ERCOT.
Represents AE in ERCOT protocol development activities to defend municipality owned utilities position.
Provides liability and risk strategies to AE’s Management/Executive Team and works with City’s Litigation team.
Conducts and reviews infrastructure billing and collections.
Manages the Austin Energy enterprise risk management function.
Responsibilities - Supervisor and/or Leadership Exercised:
Responsible for the full range of supervisory activities including selection, training, evaluation, counseling, and recommendation for dismissal.
Knowledge, Skills, and Abilities:
Must possess required knowledge, skills, abilities, and experience and be able to explain and demonstrate, with or without reasonable accommodations, that the essential functions of the job can be performed.
Knowledge of wholesale fuel and energy market and evolving industry and regulatory development and impact on fuel and energy industry.
Knowledge of applicable processes, techniques, and methods in area of utility financing, energy risk management.
Knowledge of Credit Risk Management.
Knowledge of Liability, Claims, Infrastructure and Property Insurance.
Knowledge of Federal, State, and Local laws and ordinances governing risk management in the electric utility industry.
Knowledge of electric industry reliability practices, policies, and procedures, and standards.
Knowledge of Austin Energy’s wholesale power and fuel requirements.
Knowledge of fiscal planning and budget preparation including financial regulatory and managerial accounting practices and FERC requirements.
Knowledge of supervisory and managerial techniques and principles.
Skill in risk metrics analysis and financial and physical portfolio.
Skill in oral and written communication.
Skill in planning and organization.
Ability to work with frequent interruptions and changes in priorities.
Ability to train others.
Ability to quickly recognize and analyze irregular events.
Minimum Qualifications:
Graduation with a Bachelor's degree in related field, plus six (6) years’ experience in assigned areas of risk management, finance, or related fields, of which two (2) are in a lead/supervisory capacity.
Graduation with a Master’s degree in related field may substitute for two (2) years of experience.
Licenses and Certifications Required:
None.
Preferred Qualifications:
Experience generating quantitative and qualitative results for valuation, risk, credit risk management, and performance measurement for a trading operation.
Experience in managing power settlements with an Independent System Operator (ISO), such as the Electric Reliability Council of Texas (ERCOT), including verifying settlements, reporting on revenue categories and charge groups, and managing ISO disputes.
Knowledge of best practices in governance, checks and balances, and audit support for trading and fuel purchase programs.
Experience in negotiating, valuing, and/or settling utility-scale Power Purchase Agreements for renewable electric power or other complex, long-term commodity contracts.
Skill and experience in leading complex projects to successful completion.
Notes to Candidate:
Schedule: Monday - Friday (8:30 AM - 5:00 PM)
Location: 4815 Mueller Blvd, Austin Texas 78723
Pay Range: Salary is commensurate with experience and the approved salary range.
Employment Application:
The City of Austin employment application is an official document; incomplete applications will not be considered.
The Employment Record should be complete with job titles, employment dates, job duties, functions, and responsibilities for each position held.
Starting salary will be based on overall relevant experience from your application.
Responses to supplemental questions regarding experience should also be clearly documented in the ‘Experience’ section of the main application.
Please be sure to detail on the application all current and previous employment that you wish to be considered as part of your qualifications.
Résumés will not be accepted and statements such as “see résumé” will not be accepted. You may use “N/A” for fields that are not applicable.
Please note that Austin Energy may close the job posting at any time after 7 days from the date of the initial advertisement. Once the job posting has closed, applications cannot be changed.
To ensure a thorough evaluation of your qualifications, please answer all applicable questions in the questionnaire section completely. Incomplete, brief, or one-line responses may not provide enough detail and could impact your eligibility to move forward in the selection process.
Current City of Austin employees must submit their application through ‘Job Hubs’ in Workday to be considered.
If you are selected as a top candidate:
Verification of your education (which may include high school graduation or GED, undergraduate and/or graduate degrees) will be required. You must provide proof of education from an accredited organization/institution
This position may require a criminal background investigation.
Good Standing Employees
Employees, in Good Standing, who are candidates within the department/division that the position resides in and who meet the minimum and all of the preferred qualifications (if any) of the position will be included in the initial interview. Department/division employee must remain in Good Standing through the Top Candidate Selection phase at which time the Good Standing status will be re-verified.
Critical:
This position has been designated as a Critical Employee position. Critical Employees are considered necessary and vital and supports activities that impact City or department operations. This work can be done while at a designated work site or while working at an alternate work location. Critical employees who are able to work at an alternative work location are required to do so. Schedules may be modified, and employees may be reassigned to another area during extraordinary situations or emergency conditions to provide essential services.
Fair Labor Standards Act:
This position is considered FLSA Exempt. Exempt employees are salaried and, except as provided, are not eligible for overtime compensation.
Important Note to Applicants:
Please be aware that the Job Posting Close Date reflects the final day to apply, but the posting will close at 11:59 PM the day before the date listed. All application steps, including attachments and submission, must be fully completed before that time.
We also recommend that you save or print a copy of the job posting for your records. Once a posting has closed, it will no longer be viewable in the system" at the end.
.
JOIN THE CITY OF AUSTIN TEAM
At the City of Austin, we are more than just an employer—we are a vibrant community dedicated to shaping one of the nation's most dynamic and innovative cities. As we strive to fulfill our commitment as public servants, it is important that we ground our efforts in a set of guiding principles – Empathy, Ethics, Excellence, Engagement, and Equity – that anchor our delivery of services that significantly impact the lives of Austinites. Joining the City of Austin means embarking on a purposeful career, contributing to the community, and being part of a forward-thinking organization that values every employee.
What Makes the City of Austin Special?
Make a Difference: Join a team driving meaningful change in one of the fastest-growing cities in the nation.
Value and Innovation: Work in an environment where employees are valued, and innovation thrives.
Competitive Benefits: Enjoy a comprehensive compensation package that includes generous leave, work-life balance programs, and extensive benefits.
Retirement Security: Plan for the future with the City of Austin Employees' Retirement System.
Sustainable Transportation Options: Commute easily with access to public transit and bike-friendly infrastructure.
Focus on Wellness: Stay healthy through wellness programs, on-site fitness centers, and mental health support.
Career Growth: Advance your skills and expertise with professional development and leadership opportunities.
Modern Workspaces: Work in innovative and sustainable environments that foster collaboration and inspiration.
By joining us, you become part of a community that values its people and is committed to making Austin the most thriving and resilient city in the country.
.
EEO Statement for City of Austin:
The City of Austin will not discriminate against any applicant or employee based on race, creed, color, national origin, sex, gender identity, age, religion, veteran status, disability, or sexual orientation. In addition, the City will not discriminate in employment decisions on the basis of an individual's AIDS, AIDS Related Complex, or HIV status; nor will the City discriminate against individuals who are perceived to be at risk of HIV infection, or who associate with individuals who are believed to be at risk.
City of Austin is committed to compliance with the Americans with Disabilities Act. If you require reasonable accommodation during the application process or have a question regarding an essential job function, please call (512) 974-3210 or Texas Relay by dialing 7-1-1.
