What are the responsibilities and job description for the Natural Gas/Fuels Portfolio Analyst position at Colorado Springs Utilities?
Natural Gas/Fuels Portfolio Analyst
Are you a detail-oriented individual who enjoys working with and analyzing complex data? Do you have experience working with energy commodities (preferably, natural gas/fuels)? As a Natural Gas/Fuels Portfolio Analyst, you will support our Front Office Trading, Middle Office Risk, and Back Office Settlements teams through providing fundamental and technical analyses and research of commodity markets; evaluation of our supply portfolio and asset position in relation to the greater regional market; and recommendation of trading strategies and optimization opportunities. The primary focus of this role will be on natural gas (spot and forward, physical, and financial), coal, diesel, and propane markets. The work that you do will contribute to our mission of supplying safe, reliable energy to our community and in achieving our Sustainable Energy Plan.
Please note the potential working schedule for this position is Monday through Friday, 6:00 AM to 3:00 PM. Additionally, there's an expectation to participate in a rotating weekly on-call responsibilities with natural gas trading and scheduling staff upon completion of probation (six months).
What Else Will You be Doing?
- Collaborating with the Front Office energy trading team to assist with short-term trading decisions, optimize contracts and physical assets, develop the gas supply portfolio plan, and improve forecast accuracy and variance analysis
- Analyzing trading strategies, evaluating transaction effectiveness, identifying market and operational opportunities to add value, and communicating strategies and findings to the Front Office and other impacted personnel
- Performing ad-hoc sensitivity and risk analyses around our gas portfolio and proposed energy transactions, focusing on local market pricing, demand forecasts, regional liquidity, transportation, and basis risk
- Analyzing and reporting fundamental and technical Western US, North American, and global natural gas market trends, including historical prices and data, structural industry changes, and supply/demand balances
- Interfacing with personnel across the organization in regards to natural gas and generation fuel market information and our organization's operations and performance in these markets
Who You Are
- Bachelor's degree in either a business-related field (e.g., Economics, Finance, Accounting), Mathematics, Applied Statistics, Engineering, or Information Technology
- A Master's degree in a quantitative field is valued
- Hands-on work experience in energy commodities (e.g., natural gas, power, oil) is valued
- Knowledge of financial concepts (e.g., portfolio management, valuation, opportunity costs) and electric and gas utility operations is valued
- Experience using ETRM systems, analytical software products, and/or coding languages (e.g., SQL, Python, R, VBA) is valued
- Ability to build strong, collaborative relationships with internal and external stakeholders
- Effective written and oral communication skills, including strong presentation skills and the ability to listen and respond effectively and influence others
Physical Requirements and Working Conditions
- Exerting up to 10 pounds of force occasionally (1/3 of the time), and/or a negligible amount of force frequently (1/3 to 2/3 of the time) to lift, carry, push, or pull objects. Sedentary work involves sitting most of the time but may involve walking or standing for brief periods of time. Jobs are sedentary only if walking and standing are required only occasionally and all other criteria are met.
- Positions in this class typically require talking, hearing, seeing and repetitive motions within an office working environment.
Our Commitment to Our Employees
Our people are the heart and soul of Colorado Springs Utilities. They keep the lights on, gas flowing, water coming in, and wastewater leaving. We don't just say people are important – we prove it! That’s why we are honored to invest in protecting the health and financial security of our employees and their families through our rich benefits program.
Time Off to Recharge
- Vacation – Start with 13 days annually, increasing to 24 days with tenure
- Personal Leave –3 days per year
- Paid Holidays –12 paid holidays per year
- Sick Leave – 12 days per year for personal or family health needs
- Vacation Buy – Option to purchase up to 40 additional hours annually
Health & Wellness – Benefits elected are effective the first of the following month
- Medical Plans: Three comprehensive options, including a $0 premium High-Deductible Health Plan (HDHP) with Health Savings Account (HSA) eligibility
- Zero Health: Access to hundreds of medical services at no cost
- Dental & Vision: Two dental plans and one vision plan
- Family Building-Benefits: Support for fertility, preservation, adoption, and surrogacy
- Wellness Program: A voluntary program that rewards you for prioritizing self-care! If you're enrolled in a our medical plan, you and your spouse can earn up to $600 in HRA or HSA contributions by completing healthy activities
- Flexible Spending Accounts (FSA): Pre-tax contributions for healthcare and dependent care expenses
- Health Savings Account (HSA): Available with HDHP
Financial & Retirement Security
- Pension Plan: Colorado PERA provides retirement benefits and peace of mind
- Supplemental Retirement Plans: PERAPlus 401(k), MissionSquare Roth IRA, and 457 plans
- Disability Coverage: Short-Term and Long-Term Disability insurance available
- Life Insurance: Employer-paid coverage with optional supplemental plans
Additional Support
- Employee Assistance Program (EAP): Confidential support for mental health, stress, legal, financial, and work-life balance
- Tuition Reimbursement: Up to $5,250 annually to support continued education
- Public Service Loan Forgiveness: As a qualifying employer, your student loan payments may be eligible for loan forgiveness