This position executes the sourcing process for assigned business areas and implements policies and programs directed towards providing contracted services and materials. Employees in this role develop and execute complex sourcing agreements containing unique terms and conditions.

Job Duties & Responsibilities

•   Executes the sourcing process for assigned areas
•   Analyzes responses to complex bid requests, points out commercial differences, and makes succinct recommendations in selecting appropriate suppliers for contract awards
•   Develops and maintains relationships with business units and suppliers, and conducts complex negotiations successfully under aggressive time demands
•   Leads and/or participates on sourcing project teams
•   Recommends and communicates sourcing strategy, progress, and results to supervision and ISC management
•   Conducts industry analysis and evaluates supplier performance
•   Provides market data to support supplier selection, qualification, and on-going performance management
•   Drives down the total cost of ownership, and assists in managing the external spend
•   Participates in sourcing data analysis, forecasting and planning
•   Develops new sources of supply and monitors ongoing supplier performance
•   Conducts business dealings with the highest level of integrity and regard for corporate guidelines, legal and environmental regulations
•   Performs other job-related duties as assigned

Required Qualifications

•  High School Grad / GED
•  Bachelor’s or Equivalent Experience
•  Experience: 3+ years

Preferred Qualifications

•  Bachelor’s Degree

Financial Valuation Analyst

Deliver sound financial valuation of wholesale power derivatives including load following, deterministic, and block energy products mostly bundled with capacity, renewable energy credits, ancillary services, and other products to serve residential, commercial, industrial, and municipal customers. Executes valuation process for transactions ranging from approximately 1MW to 1000MW with 3 to 36 month terms that yield revenues up to $700MM. Values transactions by evaluating power futures or fundamental commodity estimates to create forecasts based on historical data analysis, multiple regression, number theory, logic, Monte Carlo simulations, scenario analysis, and proprietary models.  Valuation process relies on knowledge of algebra, statistics, probability, present value, portfolio theory, risk and return, discounted cash flows, comparable analysis, energy markets, logic, binomial tree modeling, and calculus.

Executes regional forecasting assignments for energy, volatility, capacity, renewable energy credits and ancillary services. Maintains valuation models and templates for team use which may involve code development or maintenance. Researches laws, regulations, tariffs, and market procedures in a variety of markets to create models and forecast applicable costs. May complete ad hoc analysis of forwards, futures, options, interest rates, market conditions, exotic structures, weather products, and other financial or commercial assignments required to achieve group objectives.

Relentlessly pursues perfection, trains new team members, and creates a culture of continuous improvement upon the cornerstone of integrity and compliance.