Join the Clean Energy Revolution
Become an Energy Valuation Senior Specialist at Southern California Edison (SCE) and build a better tomorrow. This Senior Specialist position is in the Valuation and Portfolio Analytics team within SCE's Energy Procurement and Management organizational unit. In this role, you will support SCE's mission of providing reliable, affordable, and clean energy by providing analytic, strategic and logistical support for SCE's structured solicitations for power products, presenting solicitation results to management, and performing quantitative research and analysis in service of SCE's energy contact valuation activities. You will be responsible for leading and contributing to solicitations of varying scopes and complexities. You will also provide regulatory support in the form of preparing testimony and responses to data requests to ensure cost recovery for SCE's energy procurement activities.
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Typical duties include:
- Supporting the valuation and selection process of procurements for renewable, energy storage, and other resource types by coordinating with SCE's Contract Origination, Law, and Finance groups to ensure the valuation team has all the relevant information to make sound procurement decisions\u202f
- Communicating and reaching consensus with our commercial counterparts, EPM Management and Senior Leadership for SCE's valuation methodologies and selection results through the development of presentations and/or targeted quantitative analysis, including white papers\u202f
- Supporting SCE's regulatory filings for contract approval by describing the methodologies used for contract valuation and the financial drivers behind the results\u202f
- Contributing to feedback given to SCE's regulators, such as the California Public Utilities Commission, to help shape future renewable and reliability procurements and programs\u202f\u202f
- Leading the valuation activities for SCE's programmatic solicitations such as the Green Access Program and distribution deferral\u202f
- Developing, analysis supporting SCE's least-cost-best-fit portfolio selection\u202f
- Leading commercial process improvement activities and other continuous improvement projects\u202f
- Performing valuations on energy contracts of all technology types, including new and novel projects and contractual considerations\u202f
- Performing ad hoc portfolio optimization and/or resource optimization analysis\u202f
As an Energy Valuation Senior Specialist your work will help power our planet, reduce carbon emissions and create cleaner air for everyone. Are you ready to take on the challenge to help us build the future?
Responsibilities
- Executes analytical support for projects and initiatives that help shape SCE's strategy, as well as long-term resource and climate adaptation plans
- Facilitates horizon planning capabilities through scenario development in the face of uncertainty driven by exogenous market factors, like climate change and emerging technologies
- Executes the use of analytical models and grid planning simulation tools, forecasting the impacts of various resource portfolio scenarios on system pricing, GHG emissions, and other system dimensions
- Conducts research on new technologies, focusing on their cost-effectiveness and potential for supply and demand-side energy resources
- Develops analytical models and methods for a variety of applications, including evaluating energy policies, regulations, climate change impacts, and new business models
- Drives the analysis of market trends in the energy and ancillary services markets
- Manages contract requirements, review payments, manage disputes and make strategic recommendations to maximize benefits to customers
- Deploys and improves statistical and econometric models to forecast electricity demand and energy commodity prices to support position management and hedging
- A material job duty of all positions within the Company is ensuring the protection of all its physical, financial and cybersecurity assets, and properly accessing and managing private customer data, proprietary information, confidential medical records, and other types of highly sensitive information and data with the highest standards of conduct and integrity.
Minimum Qualifications
- Three or more years of experience in financial planning, modeling and/or forecasting.
The preferred
- Bachelor's Degree or advanced degree in Finance, Business, Economics, or a related Quantitative or Technical field of study\u202f
- Three or more years of application of technical and communication skills within in a financial, procurement, regulatory or legal corporate environment\u202f\u202f
- Experience using Microsoft Word, Excel, and PowerPoint to prepare reports and present complex technical information to a wide audience, in non-technical language\u202f
- Three or more years of hands-on experience valuing energy and energy-related products, commodity forecasting and/or energy portfolio optimization\u202f
- Experience building Microsoft Excel based tools\u202f
- Hands on experience with providing financial and/or quantitative analysis on energy or capacity related products\u202f
- Experience working in a remote/hybrid work environment with Microsoft Teams\u202f
- An understanding of California energy markets and its regulatory environment\u202f\u202f
- Ability to integrate work across relevant areas, develop the business processes and services to enhance customer satisfaction and productivity, manage risks and safety appropriately, develop and execute business plans, manage information, and provide exceptional service to internal and external customers\u202f
- Effective resource and project planning, decision making, results delivery, team building, and the ability to stay current with relevant technology and innovation\u202f
- Strong ethics, influence and negotiation, leadership, interpersonal skills, communication, and the ability to effectively manage stress and engage in continuous learning\u202f
- Ability to implement, maintain and support a safety conscious work environment by following Edison safety protocols and safe work practices\u202f
You should know
- This position's work mode is hybrid. The employee will report to an SCE facility for a set number of days with the option to work remotely on the remaining days.\u202f Unless otherwise noted, employees are required to reside in the state of California.\u202f Further details of this work mode will be discussed at the interview stage. The work mode can be changed based on business needs.
- Visit our Candidate Resource page to get meaningful information related to benefits, perks, resources, testing information, hiring process, and more!
- Qualified applications with arrest or conviction records will be considered for employment in accordance with the Los Angeles County Fair Chance Ordinance for Employers and the California Fair Chance Act.
- Relocation does not apply to this position.
About Southern California Edison
The people at SCE don't just keep the lights on. Our mission is so much bigger. We're fueling the kind of innovation that's changing an entire industry, and quite possibly the planet. Join us and create a future with cleaner energy, while providing our customers with the safety and reliability they demand. At SCE, you'll have a chance to grow personally and professionally, making a real impact in Southern California and around the world.
At SCE, we celebrate our differences. We are a proud Equal Opportunity Employer and will not discriminate based on race, color, religion, sex, sexual orientation, gender identity, national origin, age, disability, protected veteran status or any other protected status.
We are committed to ensuring that individuals with disabilities are provided reasonable accommodation to participate in the job application or interview process, to perform essential job functions, and to receive other benefits and privileges of employment. Please contact us to request accommodations at (833) 343-0727.