AddressSummary
The function is critical in protecting NYPA’s interests as it pertains to legal agreements under which we sell our power products or offer fund awards. The role is responsible for the negotiation, creation, and on-going management of NYPA's contracts and tariffs for its various customers, working directly with NYPA's legal team. The group serves to ensure that NYPA and the customer are abiding by the rules/regulations outlined in the contract and service tariff (billing, scheduling/settlements, rates, program administration, etc.).
Additionally, the function manages customer relationships with Neighboring States customers, Investor-Owned Utility customers, the Host Communities/Relicensing customers, and Authorities.
The position will require participation in NYPA’s regulatory function for our Full Requirement Municipal and Rural Electric Cooperative customers. As the regulator for these customers, the group conducts financial position reviews and regularly answers questions on moratoriums, billing practices, settlement practices, etc.
The role coordinates NYPA’s internal team-based approach by bringing together our business, financial, operational, and legal groups to advance new contracts and/or to resolve existing contract issues. Furthermore, the role interacts externally with customers, FERC, PSC, NYISO, and other stakeholders. #LI-VB1
Responsibilities
- Lead the development, negotiation, maintenance, and administration of new and existing NYPA power contracts.
- Lead the coordination of NYPA’s business, financial and legal roles to move forward with new contracts and/or to resolve contract issues.
- Provide subject matter expertise in effectively communicating power contract issues and potential outcomes to the internal and external stakeholders.
- Oversee and provide expert guidance on best practices and continuous improvement methodologies related to the contract and tariff management process.
- Lead Power Contract group’s risk management methods, procedures, and activities.
- Lead transmission congestion contract procedures: review/ analyze short term and long-term issues and coordinate cross-functional activities including both internal and external stakeholders.
- Lead cross-functional team in developing new processes related to hydropower surplus/ shortfall contract requirements; coordinate requirements from business/ customers, accounting, billing, IOU issues, scheduling and settlement.
- Provide expert guidance and regulatory services to NYPA’s full requirement municipal and cooperative utility customers.
Knowledge, Skills and Abilities
- Deep knowledge of, the electric utility industry and NYISO market is required.
- In-depth knowledge of contract/ legal concepts, practices, and theories.
- Excellent analytical skills required, including ability to interpret business requirements within statutory and contract framework.
- Ability to analyze financial, marketing and utility tariff data
- Cross-functional NYPA work knowledge and ability to lead teams is required.
- Ability to anticipate problems/issues, streamline and propose solutions is required.
- Ability to manage multiple projects simultaneously is required.
- Strong communication skills are essential and must be able to clearly explain and present concepts in multiple areas of expertise to peers, management, executives, and external customers.
- Ability to assist others in achievement of group goals and foster an environment of cooperation among group members.
- Excellent understanding of pricing models is required.
- Ability to lead negotiations with internal and external stakeholders and customers is required.
- Ability to work in a team environment is required.
- In-depth understanding of the various standard legal terms & conditions used in NYPA power contracts.
Education, Experience and Certifications
- Bachelor’s Degree in Business, Economics, Marketing, Finance, or related discipline is required.
- MBA or other graduate degree is preferred.
- Contract and/or legal experience is required.
- Minimum 7 years of utility experience is required.
Physical Requirements
Up to 25% travel primarily within NY State.
The New York Power Authority is committed to providing fair, competitive, and market-informed compensation. The target salary range for this position is: $108,060.00 - $148,577.00. The salary offered will be determined based on the successful candidates’ relevant experience, knowledge, skills, and abilities.
The New York Power Authority and Canal Corporation believes that diversity, equity, and inclusion drive our success, and we encourage women, people of color, LGBTQIA+ individuals, people with disabilities, members of ethnic minorities, foreign-born residents and veterans to apply. As an equal opportunity employer, NYPA/Canals is committed to building inclusive, innovative work environments with employees who reflect communities across New York and enthusiastically serve them. We proudly celebrate diversity and do not discriminate based on race/color, creed/religion, national origin, citizenship or immigration status, age, disability, military status, gender/sex, sexual orientation, gender identity/expression, pregnancy and related conditions, familial/marital status, domestic violence victim status, predisposing genetic characteristics, arrest/criminal conviction record or any other category protected by law.
NYPA/Canals will also provide reasonable accommodations during the hiring process related to candidates’ disabilities, pregnancy-related conditions, religious observances/practices and/or domestic violence concerns. To request an accommodation, please email accessibility@nypa.gov.
