About the role

Job Description

Position	Asst. Manager – Market Operations, Mumbai
Reports to	Head, Market Operations
Qualification	Bachelor in Engineering (Electrical/ Power/ Power System) Or /and MBA in Power Management / Power System

About the Role:

Oversee and execute operational systems, processes, and infrastructure while looking for opportunities of improvement or revision.
- Preparation of methodologies required to ease the work on operations level
- Operational procedural checking in the Trading Portal Software
- To monitor the products that are operating 24x7
- Handling the Bilateral, Collective, REC & ESCERT trades
- Checking & Uploading of POC Charges and Losses, STU (transmission Charges, Losses and Operating Charges) in State Master & DE (Distribution Charges, Losses and Operating Charges) in Distribution Entity Master
- Correct mapping of NOC for New Client and Existing Client & updating Charges & Losses as per the NOC.
Co-ordination within the depts. in resolving issues like Cash limits, enablement/disablement, Curtailment, etc.
- Sending reports/results to the associated stakeholders
- Addressing operational concerns and issues, monitoring overall customer requirements
- Efficiently resolve customer queries and being available to all customer calls/queries
- Provide solution of technical queries to new and existing members/client for trading
To regularly send the reconciliation statements to Customers/ RLDC/ SLDC and
- To reconcile charges, obligation, Margin Position, Margin Blocked, Margin Released, Due book with Obligation
- To Track and reconcile GST payment as per regulations.
Coordinate with CERC/RLDC/NLDC/SLDC for operational activities involved.
- Preparing reports required by NLDC, CERC & CEA.
- Making payment statements and sending to NLDC, SDCL, and RLDC.
- Making the Transactions payments to RLDC & SLDC
- Follow up with NLDC for all congestion related queries
Preparation of Audit Reports
Identify the defects in process and reports and its rectification from IT team.
UAT of trading system functionality, reports, margin, new product, matching engine, obligation generation, due book for pay-in and pay-out, order entry, order cancellation, session schedule.
Preparation of Deviation reports

Requirements:

6 to 12 years in Power market trading, transmission, Grid management, NLDC & SLDC management Subscription fee management, collection and reconciliations. Experience with Electricity Traders (PTC, TPTCL, Kreate Energy etc)

Key Accountabilities and Duties

Oversee and execute operational systems, processes, and infrastructure while looking for opportunities of improvement or revision.
Co-ordination within the depts. in resolving issues like Cash limits, enablement/disablement, Curtailment, etc.
To regularly send the reconciliation statements
Coordinate with CERC/RLDC/NLDC/SLDC for operational activities involved.
Preparation of Audit Reports
Identify the defects in process and reports and its rectification from IT team.
UAT of trading system functionality, reports, margin, new product, matching engine, obligation generation, due book for pay-in and pay-out, order entry, order cancellation, session schedule.
Preparation of Deviation reports

Essential Knowledge and Expertise:

Knowledge of the Power market trading, congestion management
Knowledge of Electricity Act, Grid code and open-access
Knowledge of the functions of SLDC, RLDC and NLDC
Knowledge of procedure of Power Scheduling
Demonstrate analytical and problem-solving skills, Numerical Skills, excellent knowledge in MS Excel (macros and visual basic)
Capacity to work without Supervision and under pressure
Ability to work well in teams and independently
Proven ability to manage time critical and deadline orientated workload
Acumen to process data and prepare reports
Demonstrate interpersonal skills that cover influencing, negotiation, consultation, conflict resolution and assertiveness
Accounts Reconciliations
BRS preparations, Documentation of process Manual
Strong Initiative

Power Exchange India Limited
Registered Head Office - Sumer Plaza, 9th floor, 901, Marol Maroshi road, Andheri (East), Mumbai-400059
Tel:+91 022 40096600 | Fax: +91 022 40096633 | info@pxil.co.in | www.powerexindia.in
CIN: U74900MH2008PLC179152 GST: 27AAECP6452C1ZJ