Description
The City of Rochester invites applications for:
Manager of Wholesale Operations
Rochester Public Utilities
www.rpu.org
RPU, a division of the City of Rochester, MN, is the largest municipal utility in the State of Minnesota. RPU serves over 57,000 electric customers and 42,000 water customers in a 60 square mile service area and has revenues nearing $161 million annually.
Vision- "We Will Set the Standard for Service"
Our vision is based on six core values which are Safety, Integrity, Service, Stewardship, Accountability, and Skill.
Nature of Work
The Manager of Wholesale Operations is responsible for overseeing, implementing and providing strategic direction in the marketing of electric capacity, energy and environmental attributes in the competitive wholesale market. This position provides business management of a portfolio by developing and implementing strategies that maximize the margin on sales and purchases out of and into the wholesale power market and from RPU's joint action agency as well as assuring compliance with federal, state and local regulatory agencies. This position also manages and directs market participants in the daily and long-range execution of strategies that provide the maximum amount of return on the City's investment in power generation assets and that effectively utilizes demand side management assets to reduce purchased power. This position also involves medium term planning and analysis to ensure sufficient power contracts to meet the safety, environmental, financial and reliability goals of the City. Work requires the use of independent judgment.
This individual directs the activities of others through contract participant's agreements; has the authority to act in the absence of the Director of Power Resources; and may be assigned to represent RPU within MISO and various government agencies.
City of Rochester
The third largest city in Minnesota, Rochester is home to the world-renowned Mayo Clinic and serves as host to 3 million visitors each year, many of them receiving care at the Mayo Clinic. As the Destination Medical Center master plan is happening, the City projects that its population will top 160,000 and that more than 35,000 new jobs will be generated.
Rochester is approximately 85 miles south of Minneapolis and St. Paul accessible by Highway 52. Air travel is available at Rochester International Airport, a non-hub primary airport located seven miles south of downtown Rochester, and at the Minneapolis St. Paul International Airport located 77 miles away.
Compensation
Pay & Benefits: 2025 starting salary is $128,856.00 - $189,494.00.
A dynamic benefit package is offered and includes:
- Medical, Dental, and Vision Insurance
- PERA Pension & 457(b) Deferred Compensation Plans with multiple vendors
- Life Insurance as well as both long-and short-term disability insurance
- Paid Time Off (vacation, sick)
- 12 Paid Holidays
- Employee Assistance Program (EAP)Professional development and training support
Relocation
Employees, whose new position with the City requires they relocate are eligible for reimbursement of relocation and housing search expenses, pursuant to City policy.
APPLICATIONS WILL BE ACCEPTED UNTIL THE POSITION IS FILLED.
Requirements
Education and Experience
A Bachelor's degree from an with major course work in Economics, Finance, Business Administration, Accounting, Engineering, or other related field considered useful in utility industry;
AND
Seven (7) years of full-time work experience in the utility industry; including five (5) years negotiating electric utility contracts, developing and presenting energy reports, providing guidance in rate design, and renewable generation contract negotiations;
WITH
At least two (2) years of MISO market operations experience, Renewable Energy Credit experience, and compliance oversight.
Licenses and Certifications
Valid Minnesota driver's license
DESIRABLE QUALIFICATIONS
Specific training in any/all of the following:
- A Professional Engineering License
- General business, economic & financial knowledge and application,
- MISO, ASM, LMP market strategies and transaction protocol
- Functions necessary to participate in an Independent System Operator market including bidding, settlements, shadow settlements, metering, and ancillary services.
- Financial practices in the establishment and control of budgets and general cost accounting procedures related to wholesale market activities.
Prior to being hired, promoted or transferred into the position, NERC regulations require that the candidate successfully pass a Personnel Risk Assessment, which includes identity verification and a criminal background check. Prior to being granted unescorted access to cyber secure areas, the candidate must attend cyber security training. Annual cyber security training is also required.
