Chief of the Planning and Procurement Bureau, Illinois Power Agency

We continually strive for a workforce that reflects the growing diversity within the State of Illinois. A variety of employee backgrounds, perspectives, ideas and experiences are crucial to our ability to most effectively serve the public. Bilingual skills welcome

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Sponsorship for Employment

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Disclosure of Salary Information

In compliance with the Illinois Equal Pay Act, 820 ILCS 112/1 et seq., the State does not seek, request, or require a job applicant’s wage or salary history. Employment decisions are not made based on an applicant’s wage or salary history. To that end, please do not include wage or salary information in your resume or other profile or application materials.

Date: Apr 27, 2021

Location:

Chicago, IL, US, 60602-4602

Job Requisition ID: 400

Agency:  Illinois Power Agency
Closing Date/Time:  TBD
Salary:  $102,698.45
Job Type:  Exempt
County:  Cook
Number of Vacancies:  1
Plan/BU:  N/A

Work Hours: M-F, 9AM to 5PM
Work Location: 105 West Madison Street

Suite 1401

Chicago, IL 60602
Agency Contact: ipa.contactus@illinois.gov
Job Function: Energy/Utilities

Risk Management

Fiscal/Finance/Business

Position Summary

The Agency is seeking an experienced and qualified professional to fulfill the responsibilities of the Chief of the Planning and Procurement Bureau. In accordance with Section 1-70(c) of the Illinois Power Agency Act (“IPA Act”) (20 ILCS 3855), the Bureau Chief shall have at least five years of direct work experience in electricity supply planning and procurement, and hold an advanced degree in risk management, law, business, or a related field.

Under the authority and direction of the Director of the Agency, the Bureau Chief will have direct leadership and management responsibilities for the development, approval, and implementation of various procurement plans. The Bureau Chief will supervise internal resources that provide data analysis in support of developing and implementing hedging strategies, management of the electric power supply portfolio, management of the renewable energy credits portfolio, determination of procurement targets, and management of budgets and costs.

The Bureau Chief will directly manage external consultants that provide technical support and consulting services to assist the IPA in developing and implementing procurement plans.

Minimum Requirements:

Advanced degree in risk management, law, business, or a related field
At least five years of experience in electricity supply planning and procurement, and related quantitative analysis

Preferred Qualifications:

Five years of experience managing external consultants
Five years of leadership and supervisory experience
Excellent verbal and written communication skills
Excellent interpersonal skills
Ability to work independently in an entrepreneurial office environment
Working knowledge of:
- Electric energy and capacity markets, and power trading
- Hedging strategies and risk management
- Electric power supply portfolio management
- Renewable energy markets
Familiarity with:
- Power project development
- Interconnection of electric power systems
- REC tracking systems (PJM-GATS and M-RETS)
- ISO power systems operations
- Illinois retail electricity markets
- Electric utility rates and tariffs

Employment by the Agency as Chief of the Planning and Procurement Bureau is subject to the following requirements of the IPA Act:

The Chief of the Planning and Procurement Bureau shall not, for two years prior to appointment or for two years after he or she leaves his or her position, be employed by an electric utility, independent power producer, power marketer, or alternative retail electric supplier regulated by the Illinois Commerce Commission or the Federal Energy Regulatory Commission. See 20 ILCS 3855/1-70(f).
The Bureau Chief is prohibited from: (i) owning, directly or indirectly, 5% or more of the voting capital stock of an electric utility, independent power producer, power marketer, or alternative retail electric supplier; (ii) being in any chain of successive ownership of 5% or more of the voting capital stock of any electric utility, independent power producer, power marketer, or alternative retail electric supplier; (iii) receiving any form of compensation, fee, payment, or other consideration from an electric utility, independent power producer, power marketer, or alternative retail electric supplier, including legal fees, consulting fees, bonuses, or other sums. These limitations do not apply to any compensation received pursuant to a defined benefit plan or other form of deferred compensation, provided that the individual has otherwise severed all ties to the utility, power producer, power marketer, or alternative retail electric supplier. See 20 ILCS 3855/1-70(g).

For more information on the Illinois Power Agency, please see: www.illinois.gov/ipa

To apply, please submit a cover letter, resume and three professional references along with your online application.

No phone calls please.

The Illinois Power Agency is an Equal Opportunity/Affirmative Action employer.

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