Senior Power Trader

Company:  Storm4
Location: Houston
Closing Date: 25/10/2024
Hours: Full Time
Type: Permanent
Job Requirements / Description

⚡ Role: Senior Power Trader (Term Trader) (East)

Industry: Energy Markets & Power Trading

Location: Houston, TX (In-office)

Salary: $150,000+ (Book Value 15-30%)

My client is looking for an experienced Senior Proprietary Power Trader (East) with 5+ years of trading experience in power markets. They are a seeking individuals with experience in PJM, MISO, NYISO & ISO NE markets.

Responsibilities

  • Execute proprietary trading of financial power products from prompt to term, with a focus on PJM, MISO, NYISO, and ISO NE markets.
  • Conduct in-depth fundamental research and analysis specific to the Eastern Interconnect region.
  • Collaborate closely with team members to exchange market insights and trading perspectives.
  • Partner with Origination to help price and manage structured transactions when necessary.
  • Ensure robust governance by working closely with control functions like Compliance, Risk, and Credit.

Qualifications

  • Bachelor’s degree in Economics, Business, Engineering, Mathematics, or Statistics from a reputable institution.
  • At least 5 years of experience in trading both physical and financial power markets.
  • Proven track record in trading heat rates, locational spreads, and time spreads.
  • Experience with options trading is a plus.
  • Strong understanding of power and gas market fundamentals within the Eastern Interconnect.
  • Familiarity with RTO/ISO market rules and tariffs in the Eastern Interconnect.
  • Comprehensive knowledge of Risk Management practices.
  • Highly driven, able to thrive in a dynamic and fast-paced trading environment.

Skills

  • Expertise in proprietary power trading.
  • Advanced analytical and quantitative skills.
  • Programming proficiency is a plus (Python, VBA, SQL).
  • Data Science experience is advantageous (R, Power BI, Tableau).

Sounds like you? Please click on the ‘Easy Apply’ button. You can also send your resume directly to or message me directly!

⚡ Storm4 is a specialist GreenTech recruitment firm with clients across Europe, APAC and North America. To discuss open opportunities or career options, please visit our website at and follow the Storm4 LinkedIn page for the latest jobs and int el.

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