Please see Amy's note below about the available position with UBS Warburg Energy. If you have questions, you may contact Amy directly.

Thanks,
Grace
x8321

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The below position has recently become available in the Real Time Trading group.  If you interested, please contact Amy FitzPatrick by 12:00 pm Thursday, 2/21/02 for consideration.

Short Term West Hourly Trader

The Short Term West Hourly group is responsible for the physical and financial integrity of prescheduled energy transactions. This includes managing curtailed schedules and preserving UBS Warburg Energy's financial rights with non-performing trading counterparties. The group is required to maintain records and update databases that explain supply or market interruptions in order to minimize customer billing dispute issues. 

The Hourly group interacts with the Middle Marketing and Cash desks to administer terms of Service contracts and liquidate positions. This typically includes the selling of excess generation and/or the purchasing of energy to meet customers' requirements.  Also, each trader is responsible for gathering and reporting information on unit outages, changes in transmission line capacity and other information that would be useful for all West Desk Trading activity.

Traders are expected to initiate profitable trades while maintaining an acceptable amount of risk exposure to the company. The trader will utilize all on-line trading engines in addition to maintaining markets on UBS Warburg Energy Online. The trader is expected to know all settlements requirements and charges related to each type of trade.  Each trader is to be capable of interfacing with customers and responding to internal and external billing inquiries.

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Description of Function
?	Shift work
?	Trade hourly physical and/or financial products in the WSCC
?	Maintain an hourly market on UBS Warburg Energy Online
?	Utilize all on-line trading engines including APX, Bloomberg, ICE and Tradespark
?	Physically schedule trades including tagging where appropriate
?	Enter trades and reconcile company accounting system each shift
?	Assist in the resolution of volume/price discrepancies
?	Work closely with information technology and fundamentals group to maintain and develop Hourly tools and systems

Requirements
?	Bachelors in Finance, Economics, or related field
?	1 to 2 years of previous experience trading in electric industry or other commodity
?	Demonstrated ability to make correct decisions in a high pressure environment
?	Excellent problem solving and communication skills
?	Self motivated
?	Detail oriented