Company Description
Customized Energy Solutions (CES), a privately-held company, is a leading service provider of market intelligence and operational support services to companies participating in the retail and wholesale electric and natural gas markets. Utilizing deep know-how developed since the inception of the deregulated energy markets, CES provides accurate & timely analysis on regulatory changes, market opportunities, and operational efficiencies for electricity and natural gas commodities. CES is also a third-party asset manager of more than 13,000 MWs of renewable and conventional generation resources across all ISOs in the United States, Ontario, Canada and Guam.
CES empowers clients to achieve their goals by helping them navigate the evolving energy markets, complex market rules, and new energy technologies.Join a rapidly growing company in an exciting and dynamic work environment. As one of the top 100 fastest growing companies in the Philadelphia region, Customized Energy Solutions offers an opportunity for significant professional growth.Customized Energy Solutions Ltd. has been recognized regionally and nationally for its impressive and sustained growth, including INC. 500 | 5000 and The Philadelphia Business Journal as a Top 100 Companies in Philadelphia, Hall of Fame for five or more consecutive years.
It was ranked as one of the “Best Places to Work” by the Philadelphia Business Journal.Our team of associates at CES is highly motivated, innovative, and passionate about providing excellent Services to our clients. We look for individuals interested in growing with our company, and working in an exciting, open and collegial work environment. Our main office is in Philadelphia, with satellite offices in various U.S. states, Canada, Japan, India and Vietnam.
Job Description
The Director, Congestion Management, is responsible for managing and optimizing congestion right portfolios for clients participating in electricity markets. This role involves developing strategies, analyzing market trends, and collaborating with stakeholders to ensure clients effectively navigate congestion management processes. The position requires a deep understanding of electricity markets, financial analysis, and regulatory compliance. The role also involves leadership and management responsibilities for the Congestion Management Team, which consists of 5-7 employees.
The role reports to the Vice President – Wholesale Management Services and would be based in our Philadelphia, PA, headquarters location.
Key Responsibilities:
- Lead and oversee congestion right allocation and auction processes in ISO markets, providing strategic recommendations to clients.
- Lead Congestion Management team in client management, new task order development
- Develop and implement ARR/FTR portfolio management strategies, ensuring alignment with client objectives and market conditions.
- Collaborate with IT teams to automate and streamline data retrieval, analysis, and portfolio submission processes.
- Engage with ISO market applications to submit portfolios, monitor market activity, and ensure compliance with regulatory requirements.
- Participate in ISO stakeholder discussions to stay informed of market developments, tariff changes, and policy updates.
- Analyze the impact of tariff changes and provide clients with clear, actionable insights.
- Build and maintain strong relationships with clients, providing ongoing support and guidance to optimize their participation in electricity markets.
Qualifications
- Bachelor’s in Finance, Economics, or a related field.
- Proven experience in congestion management, financial analysis, and portfolio optimization within the utilities industry.
- Strong analytical and problem-solving skills, with the ability to interpret complex data and develop actionable insights.
- Proficiency in electricity markets, derivatives, and financial statement analysis.
- Excellent communication and interpersonal skills, with the ability to present complex information clearly and effectively.
- Experience collaborating with IT teams to develop automated tools and improve internal processes.
Preferred Skills:
- In-depth knowledge of ISO market structures and regulatory frameworks.
- Experience with ISO stakeholder engagement and tariff analysis.
- Familiarity with market forecasting models and data analytics tools.
- Team leadership experience
Additional Information
At Customized Energy Solutions, we offer a competitive salary based on experience, along with comprehensive benefits like performance-based bonuses, comprehensive health coverage, and tuition reimbursement to support your ongoing growth and successCustomized Energy Solutions provides equal employment opportunities to all applicants without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or status as a protected veteran.