24-70352
Alternate Posting Locations
Gas Co Tower-0898
Job Title
Job Description
At SoCalGas, we believe that every Californian deserves a resilient energy future. We are working to achieve that future by empowering California to reach its sustainability goals through innovation, collaboration, and decarbonization. As our state's energy needs change, we will be there providing reliable energy that is clean, safe, and affordable to our 22 million customers.
In addition to helping shape the future of hydrogen technology and clean energy, as an employee of SoCalGas you'll also enjoy an aggressive total compensation plan, multiple upward mobility opportunities and the ability to find a true work-life balance. We also strive to reflect the communities we serve by attracting top talent and maintaining a diverse workforce. To discover more about how rewarding it is to work here, we invite you to visit these pages on our website: Our Mission, Diversity, Equity and Inclusion, Sustainability, In the Community, and Employee Benefits. Join SoCalGas today to share in our mission to build the cleanest, safest, and most innovative energy company in America!
Primary Purpose
Develops and presents procurement plans to various stakeholders, assists in execution and management of carbon emissions/compliance portfolio involving multiple asset classes, and performs analysis of emissions and other relevant markets for various strategic and tactical activities. This includes but is not limited to carbon market modeling and price forecasting techniques for current market and competitive conditions through fundamental supply & demand analysis, quantitative data analysis, and/or technical charting analysis. Leads reporting requirements and cross-functional communication such as with regulatory and operational departments. Supports the manager in origination efforts of the Engy & Carbon Trading group.
Duties & Responsibilities
- Aligns the group's activities with SoCalGas' climate objectives, regulatory construct, and energy policy in CA. Supports Clean Fuels, Cap & Trade program, and Reporting Compliance through research. This involves using public and subscription service information to perform market data analysis and suggest conclusions to various stakeholders.
- Supports clean fuels and carbon strategy development by providing analysis of ongoing regulatory developments and market intelligence and the potential impacts to the procurement strategy for the organization. Activities include the involvement of cross-functional group communication, research of past and current regulatory proceedings, and attending industry-led workshops, conferences, and webinars.
- Performs and/or leads reporting requirements, compliance activities, and regulatory comments. This involves gathering and organizing data, managing compliance and reporting processes, and providing explanations and comments where applicable (e.g. Rulemaking, Data Requests, internal reporting).
- Quantifies the impact to customer bills for both carbon procurement costs under various scenarios, as well as energy, emissions, and other costs on customer bills and presents findings to leadership. Develops procurement strategy for compliance instruments to be used for meeting emission obligations.
- Manages the data flows to/from RNG producers to facilitate the issuance of environmental credits (e.g., Renewable Thermal Credits "RTCs", Low Carbon Fuel Standard "LCFS", Renewable Identification Numbers "RINs").
- Supports origination efforts via bilateral discussions and developing communication and presentation materials for procurement solicitation events. Contacts prospective RNG project developers/marketers, using best judgment on how to represent the utility's procurement efforts, and maintaining those relationships.
- Performs other duties as assigned (no more than 5% of duties).
($109,500 - $164,300 / yr)
Work Schedule
HYBRID: Work a combination of onsite and remote days each week, typically 3 days per week onsite.
Qualifications
Education
- Bachelor's Degree in Business, Economics, or Quantitative Methods. Required
- Master's Degree in Business, Economics, or Quantitative Methods. Preferred
Experience
- 8 years' experience in relevant/related field, such as energy industry, oil, natural gas, etc. Required
- 2 years included in 8 years - Experience in the trading and valuation of financial derivatives. Required
Knowledge, Skills & Abilities
- Thorough understanding of business practices, energy transition, and financial markets. Required
- Must be able to manage complex multiple tasks simultaneously. Required
- Highly skilled in the use of spreadsheets and database software; knowledge of programming language. Required
- Knowledge of energy industry best practices. Preferred
- Skilled in quantitative methods (statistics, econometrics, operations research). Required
- Knowledge of regulatory issues facing Gas Acquisition. Preferred
- Knowledge of commodity market modeling and price forecasting techniques. Preferred
- Verbal and presentation skills. Required
- Ability to perform complex analysis and modeling. Able to anticipate requirements and can develop sound analytical approaches for the Energy and Trading group. Required
Licenses & Certifications
- May be required to work extended hours and travel as required. Approximately 10 business days per year. Required
SoCalGas offers a comprehensive benefits program to help support employees both personally and professionally. These benefits include, but are not limited to:
- Medical, dental, and vision packages (plus free Mental Health resources/sessions)
- 401K company match & Company provided Pension Plan
- Wellness Programs/Classes
- Tuition/Education Reimbursement
- Career Development Tools & Resources through SoCalGas University
Southern California Gas Company will consider for employment all qualified applicants, including those with arrest or conviction records, in accordance with the requirements of applicable state and local laws, including the City of Los Angeles' Fair Chance Initiative for Hiring Ordinance, the Los Angeles County Fair Chance Ordinance for Employers, and the California Fair Chance Act.
Full Time/Part Time
Full-time
Posting End Date
Oct 21, 2024
$109,500.00
Mid-Point
$136,900.00
$164,300.00
Total Rewards Philosophy
SoCalGas strives to ensure that employees are paid equitably and competitively. Starting salaries may vary based on factors such as relevant experience, qualifications, and education.
SoCalGas offers a competitive total rewards package that goes beyond base salary. This position is eligible for an annual performance-based incentive (bonus) as well as other merit-based recognition. Company benefits include health and welfare (medical, dental, vision), employer contributions to retirement benefits, life insurance, paid time off, as well as other company offerings such as tuition reimbursement, paid parental leave, and employee assistance programs.