Careers
Posted: 09-Feb-23
Location: Richmond, Virginia
Type: Full Time
Required Education:
Purpose of Job:
This position, located in Glen Allen, Virginia, is responsible for overseeing the daily management of power market risk and treasury functions. This individual will collaborate with the Vice President of Finance and interact on a cross-functional basis with other departments in order to identify, evaluate, and ultimately manage financial risk. The individual will manage power and gas trading agreement risk and counterparty credit risk and ensure compliance with relevant policies and standards and procedures. The Director will have oversight of ODEC’s daily treasury functions and compliance related to the debt portfolio and nuclear decommissioning trust fund.
Essential responsibilities include:
- Monitor daily power and gas operations and counterparty exposure
- Negotiate trading agreements
- Evaluate and monitor counterparty credit risk and compliance with the credit and trading controls
- Facilitate the monthly risk management committee meeting
- Supervise daily liquidity activity and oversee investment portfolios of ODEC and related entities
- Perform Finance Department’s compliance requirements
Work Experience:
- 10 years’ treasury, risk management, finance, and/or accounting experience, preferably in the utility industry
Critical Knowledge, Skills and Abilities:
- Intermediate level proficiency in Microsoft Excel to include complex formulas and understanding and use of basic functions
- Intermediate level proficiency in Microsoft Office Word, PowerPoint, and Adobe
- Effective written and verbal communication skills
- Effective contract negotiation skills
- Detail-oriented with effective organizational skills
Preferred Knowledge and Skills:
- Power and gas utility and/or power and gas market experience strongly preferred
- Experience with regional transmission organizations preferred
Education: Bachelor’s degree in accounting, finance, economics, or related discipline
Travel details: Occasional travel required in this position
Working Conditions and Physical Demands: Ability to use a keyboard and monitor the majority of the day, interact effectively with others through verbal communication, video, email and text, work full days (8 hours) in an office environment.
We offer a competitive salary, defined benefit retirement security (pension) plan, medical, dental, vision, 401(k) company match, vacation based on relevant years of experience, generous sick time accrual and holiday pay in addition to many other benefits offerings. Please apply via this link www.odec.com/careers for consideration.
ODEC provides equal employment opportunities to all employees and applicants for employment and prohibits discrimination and harassment of any type without regard to race, color, religion, age, sex, national origin, disability status, genetics, protected veteran status, sexual orientation, gender identity or expression, or any other characteristic protected by federal, state or local laws.
This policy applies to all terms and conditions of employment, including recruiting, hiring, placement, promotion, termination, layoff, recall, transfer, leaves of absence, compensation and training.
No Phone Calls or Agencies Please
