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Senior Energy Trader

Senior Energy Trader

CompanyCapital Power
LocationCalgary, AB, Canada, Phoenix, AZ, USA
Salary$Not Provided – $Not Provided
TypeFull-Time
DegreesBachelor’s
Experience LevelSenior

Requirements

  • Bachelor’s degree in finance, engineering, mathematics, computer science, or a related field.
  • 5+ years of trading experience in physical and financial power, with a strong understanding of physical flows, transmission tariffs, and charges, throughout the eastern interconnect, including the ability to execute advanced trading strategies.
  • Experience trading heat rates, locational spreads, and time spreads.
  • Understanding of delta models.
  • Proven ability to analyze large datasets, develop analytical models, and draw actionable insights.
  • Proficiency in relevant trading platforms and analytical tools, such as Python, SQL, and R.
  • Excellent communication and interpersonal skills, with the ability to work collaboratively in a team-oriented environment.

Responsibilities

  • Researching and understanding the dynamic fundamentals of the PJM, MISO, NYISO and IESO power markets.
  • Optimizing and hedging natural gas and wind power generation facilities.
  • Managing gas storage and transport positions.
  • Creating and executing speculative power and gas trading strategies, both physical and financial.
  • Analyzing and transacting structured products including swaps and options.
  • Understanding and abiding by credit and risk limits.
  • Achieving an annual profit target of $2-$4 million.

Preferred Qualifications

    No preferred qualifications provided.