FTR Power Trader - PJM/MISO Market - 2610000697

Responsibilities

• Analyze electricity market fundamentals, including supply, demand, and grid congestion, to uncover profitable opportunities in PJM/MISO FTR markets.
• Design advanced trading strategies based on historical congestion patterns, outages, and evolving market conditions.
• Apply strategic power flow analysis to support the ongoing integration of new generation into the grid.
• Track factors that influence pricing, availability, and reliability of power resources across the PJM/MISO footprint.
• Assess complex energy transactions and their effects on FTR positions.
• Incorporate quantitative methods into fundamental trading approaches to optimize portfolio construction and results.
• Execute FTR trades across Long-term, Annual, and Monthly FTR Auctions as well as the FTR Secondary market through the FTR Center.
• Place strategic bids and offers for FTRs aligned with risk tolerance and portfolio objectives.
• Monitor and manage existing FTR positions in the secondary market to maximize value and limit risk.
• Collaborate with other trading desks to ensure FTR positions fit the broader energy trading strategy.
• Maintain comprehensive records of trading activities and deliver regular performance reporting.
• Develop and sustain robust risk management practices for FTR trading activities.
• Create hedges to mitigate congestion risk exposure.
• Track portfolio positions, mark-to-market valuations, and risk metrics with ongoing reporting.
• Ensure all trading complies with internal risk policies and applicable regulations.
• Stay informed on PJM/MISO transmission developments, rule changes, and market conditions.
• Evaluate how renewable generation projects, plant retirements, and transmission upgrades affect congestion patterns.
• Build and maintain relationships with key market participants and PJM/MISO stakeholders.
• Coordinate with internal teams to share market intelligence and align strategic approaches.

Requirements

• Bachelor's degree in finance, economics, engineering, mathematics, or a related field; master's degree preferred.
• 2 to 5 years of power trading experience with a focus on FTR/CRR markets.
• Proven track record in FTR trading strategies and portfolio management.
• Strong understanding of PJM/MISO market structure, rules, and settlement processes.

Technologies

• FTR Center
• Enverus
• Panorama
• Excel
• Python
• R

Benefits

• 401(k)
• Health insurance
• Vision insurance