Overview
On Site
Full Time
Skills
Quantitative Analysis
Reporting
PTP
VTS
Microsoft Exchange
Derivatives
Commodities
Profit And Loss
Trading
Communication
NATURAL
Management
ISO 9000
Energy
Python
VBA
C#
MATLAB
Mathematica
SQL
R
Electrical Engineering
Statistics
Finance
Computational Finance
Economics
Job Details
Job Description
Virtual and Power Traders
Must have a recent history of trading virtual power in the US short-term markets with a history of a profitable track record with P&L ranging $1 mln - $10 million. Technical Quant and coding skills preferred. Being able to carve out your edge in the marketplace is important. The ideal candidate should be collaborative with trading skills and a proven ability to generate and close new trades.
Responsibilities
- You are expected to be able to independently run a profitable virtual/power trading book.
- Assess and report on the effectiveness of our current risk measurement and management procedures.
- Assist in improving the current risk metrics in capturing risks inherent in nodal and futures/options trading.
- Improve the performance of the current Point-to-Point Obligation Bid (PTP) and daily spread trading program in terms of both profitability and volume, while complying with the Company s risk metrics.
- Construct profitable Virtual/FTR/CRR portfolios, both monthly and longer term.
- Develop the power flow simulator-based analysis programs for trading PTPs, VTs, and FTRs / CRRs.
- Complement the nodal trading with trading natural gas and electric power futures and other exchange-traded derivatives on commodity exchanges.
Qualifications
Your Skills include a number of the following:
- Team Player and the ability to work under tight timelines
- Must have Power Trading history with a profitable P/L history
- Direct experience in the Power, Nodal, and Virtual trading
- Strong communication skills
- Understanding of the ISO transmission systems.
- Market knowledge producing short-term and long-term price forecasts of natural gas and electricity.
- Direct experience in power flow simulation models (Power Word and others)
- ISO and energy/power futures markets experience
Preferred Skills
- Programming experience in either of Python, VBA, C#, Matlab, Mathematica, SQL, or R,
- An advanced degree in Electrical Engineering, Statistics, Financial Engineering, Finance, Mathematical and Computational Finance, Economics, or other similar quantitative disciplines.
Employers have access to artificial intelligence language tools (“AI”) that help generate and enhance job descriptions and AI may have been used to create this description. The position description has been reviewed for accuracy and Dice believes it to correctly reflect the job opportunity.