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Trader – Ld/Sr – Market
| Company | Iberdrola Group |
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| Location | Portland, OR, USA |
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| Salary | $145590 – $181988 |
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| Type | Full-Time |
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| Degrees | Bachelor’s |
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| Experience Level | Senior |
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Requirements
- 5+ years of work experience power trading including 3 years in the West markets.
- Ability to model intra-day and next day pricing and load to devise strategies.
- Familiarity with LIM or other price data warehouse.
- Ability to solve problems and explain the ideas that underlie them.
- Quick learning curve with the ability to receive, process, and transact on information.
- Proven ability to understand market conditions and to identify arbitrage opportunities.
- PC proficiency, especially with Excel, and experience with automated tools to support trading activity.
- Ability to travel as needed for the position.
Responsibilities
- Trade physical and financial power and gas in the medium term and forward markets.
- Develop and manage hedging strategies for corporate assets.
- Develop and manage hedging strategies for corporate long term fixed price contracts.
- Manage Individual Proprietary Trading book.
- Evaluate market conditions to optimize corporate asset book in the medium term and forward markets.
- Provide leadership to Cash Desk and Support Personnel in Power Trading group.
- Assist Business Development, Structuring and Origination with deal evaluation.
- Trade short-term physical and financial power focusing on the Midwest & Northeast.
- Lend commercial leadership to the Company’s development and origination activities to expand the company’s power portfolio.
- Develop and manage hedging strategies for corporate assets.
- Manage individual proprietary trading book.
- Provides back-up trading support to the NE Power Cash Trading Desk.
- Assist Real Time Desk and support personnel in power trading group.
- Adhere to internal controls.
Preferred Qualifications
- Bachelor’s degree in Mathematics, Business, Finance, Economics, or Engineering.
- Experience with PJM & MISO market.
- Ability to navigate and succeed in a highly matrixed reporting structure, preferably at an international company.
- Self-starter with demonstrated performance leading initiatives and building consensus at all levels of a matrixed global organization.
- Ability to work effectively in an environment where consensus between diverse work streams is often required before projects can proceed.
- Ability to efficiently manage multiple, concurrent, timesensitive projects and priorities.
- Effectively provides and receives information orally in individual and group situations. Written expression is clear, concise, and conveys the desired message.
