Market Operations Manager

4 weeks ago


Hofuf, Saudi Arabia Velox Sourcing Full time

Plans and oversees all aspects of market operations functions within a power trading project.

Responsibilities include:

- Developing policies and procedures for market processes to ensure optimization and compliance with industry standards and agreements
- Establishing power-trade agreements and ensuring alignment with objectives
- Developing strategies and policies to promote power trade and increase trade-related revenues
- Facilitating strong communication and coordination with operations to enhance efficiency and deliver exceptional customer service.
- Conducting market monitoring and assessing potential customers.
- Managing the project of a power trading platform, including securing stakeholder support, developing regulatory frameworks, procedures, and necessary IT systems to enhance market liquidity.
- Identifying and implementing measures to increase market liquidity in the operated markets.
- Leading and participating in business development projects and serving as a project management officer.
- Keeping track of regional and national projects to ensure alignment with local and regional requirements.
- Supporting the development of national power markets, where applicable.
- Participating in cross-border initiatives to expand market reach.
- Representing the organization in conferences at national and international levels.
- Budgeting and departmental management responsibilities.

Educational Qualifications & Certifications:

- Bachelor's degree in Electrical Engineering with a specialization in power systems.
- Optional: MBA degree.

**Experience**:

- 10-15 years of relevant experience
- Power trading experience
- Power trade software and power transmission industry.

**Salary**: ﷼48,000.00 - ﷼52,000.00 per month

Ability to commute/relocate:

- Dammam: Reliably commute or planning to relocate before starting work (required)


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