Portfolio Risk Modeling Intern

Position Description

Tacoma Power's Rates, Planning and Analysis division is looking for a Portfolio Risk Modeling Intern to join their team this Summer 2025!

The Intern will get the opportunity to apply their skills and gain valuable experience working with the Energy Risk Management (ERM) team to support a variety of risk modeling related projects, including model standardization, enhancements, and process automation. There will be additional opportunities to shadow other functions within Energy Risk Management as well as participate in projects supporting enhanced reporting to executive leadership. The ERM team works closely and collaboratively with Tacoma Power’s wholesale trading function, affording the Intern broad exposure to wholesale energy trading and risk management mechanics.

Responsibilities Include:

• Assist in the development of enhancements to load and price simulation models.
• Support risk modeling efforts through code standardization and documentation.
• Collaborate with the Principal Data Analyst integrate new data sources for enhanced reporting efforts.

The expected duration of the internship 40 hours per week for approx. 12 weeks in Summer of 2025.

Qualifications

Minimum Education*
High School Diploma or GED

Minimum Experience*
1 year of post-high school training

Licensing, Certifications and Other Requirements
None

*Equivalency: 1 year of experience = 1 year of education

Knowledge & Skills

• Effective at problem solving & research
• Proficiency in Python, R, or C++
• Ability to use software such as R Studio and Microsoft 365 Suite of programs
• Effective communication and listening skills

Desired Skills:

• Excellent oral, written, & visual communication skills
• College Junior or Senior or recent graduate in the Computer Science, Mathematics, Physics, Economics, or Data Science fields

Selection Process & Supplemental Information

This recruitment is being managed by Kye Merritt. If you would like to be notified of similar opportunities or stay connected with things going on at Tacoma Public Utilities and the City of Tacoma, connect with her on LinkedIn.

Apply
Interested individuals should apply online and attach a detailed resume and cover letter that includes job experience, major responsibilities and accomplishments related to this position.

Applications will be reviewed as they are received for interview consideration.

Reference checks will be conducted on final candidates and appointment is subject to passing a background check.

Tacoma Power
Tacoma Power is an almost 100% hydroelectric, municipally-owned public power utility, located in Tacoma. We serve approximately 170,000 customers as one of the three operating divisions of Tacoma Public Utilities, alongside Tacoma Water and Tacoma Rail. As one of the most livable, walkable cities in the country, you'll find that Tacoma is a great fit for all interests with places to bike, run, hike, and explore, the perks of a big city, and the charm of a small town.

City of Tacoma Commitment to Diversity and Inclusion
Tacoma's diversity is its greatest asset. Tacoma embraces its multi-cultural and multi-ethnic character. Communities of color and immigrant communities are fundamental to Tacoma's entrepreneurial spirit, workforce, and long-term success. In Tacoma, equity and empowerment are top priorities, meaning that all Tacoma residents must have equitable opportunities to reach their full potential and share in the benefits of community progress. One of our goals is for the City of Tacoma workforce to reflect the community it serves. We actively work to eliminate racial and other disparities and welcome candidates with diverse backgrounds and/or multicultural skill sets and experiences. Our goal is for Tacoma to be an inclusive and equitable place to live, work, and play.

The City of Tacoma is an Equal Opportunity Employer and values diversity in its workplace. Applicants are considered for positions without regard to race, color, religion, sex, national origin, ancestry, age, marital or veteran status, disability, sexual orientation, gender identity, or any other basis prohibited by federal, state, and local laws.

Communication from the City of Tacoma:
We primarily communicate via e-mail during the application process. E-mails from cityoftacoma.org and/or governmentjobs.com must be placed on your safe domain list to ensure that you receive notifications in a timely manner. As a precaution, you may also want to check your junk e-mail folders.

If you have any additional questions regarding this position, please contact the Human Resources Department at 253.591.5400.

The City of Tacoma provides excellent medical, dental and vision plans for the whole family; paid holidays and paid leave; participation in the Tacoma Employees' Retirement System (alternate plan for Police/Fire); continuing education and advancement opportunities and a growing variety of City-sponsored health and wellness opportunities and incentives.

Medical Coverage: For eligible employees and their families, including domestic partners and dependent children age26 or younger.

Dental Coverage: For eligible employees and their families, including domestic partners and dependent children age26 or younger.

Vision Coverage: For eligible employees and their eligible dependents.

Paid Leave: City employees are entitled to received paid holidays, sick/vacation leave or personal time off (PTO), depending upon union affiliation and appointment type.

Insurance Plans: Employees are covered by a long-term disability plan. Short-term and expanded long-term disability insurance plans are also available to employees. The State Industrial Insurance Act also covers employees.

Deferred Compensation: Income can be set aside on a pretax basis and invested for supplementation of normal retirement income.

Retirement: All employees of the City, except members of the Police and Fire services, Tacoma Rail and certain project employees, are included in the Tacoma Employees' Retirement System. Information on the Tacoma Employees' Retirement System can be found at www.cityoftacoma.org or by calling (253) 502-8200.

Other Employment Information

Direct Deposit: Employees are paid on a bi-weekly schedule by direct deposit.

Salary Increases: Based on satisfactory job performance, the City provides for a regular progression of salary increases for most classifications according to the salary schedule.

Union Affiliation: Many job classifications are covered by union security provisions which require union membership, dues, or payment of equivalent service fees.

Note: The provisions of this job announcement do not constitute an expressed or implied contract. Any provision contained herein may be modified and/or revoked without notice.

Closing Date/Time: 3/12/2025 5:00 PM Pacific

• 

• City of Tacoma

• 253-591-5400

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