Jobs · Finance · Texas

Congestion Trading Director_TRPC1N

ENGIE North America Inc. · Houston, TX · 2 wk ago
Finance$177k–$271k/yrFull-time

What You Can Expect

The Power Congestion Director will lead ENGIE Energy Marketing North America’s power congestion trading activities, with responsibility for strategy, market-making, risk management, and performance optimization across ISO/RTO congestion markets (with a primary focus on PJM and other relevant ISOs). This role combines senior trading leadership with hands-on deployment of fundamental, nodal-based strategies, ensuring alignment with ENGIE’s trading best practices, risk governance, and zero-carbon objectives.

Position Details

Situation: Houston
Reports to: VP Trading Gas and Power Trading & Market Leadership

Strategy, Analytics & Optimization

  • Develop and oversee a systematic, fundamentals-based analytics framework for congestion trading.
  • Identify and execute optimization opportunities across congestion portfolios, asset-related positions, and virtual markets.
  • Provide forward-looking market insights, scenario analyses, and performance benchmarking to support strategic decision-making.
  • Act as the central internal resource on ISO market rules, pricing dynamics, and network topology.

Cross-Functional Collaboration

  • Partner closely with Power, Origination, Asset Management, and Structuring teams to support asset-backed strategies and deal flows.
  • Support asset managers with ISO fundamental views and congestion analyses.
  • Participate in ISO/RTO meetings and assess commercial, regulatory, and operational impacts for the broader organization.
  • Work collaboratively with back-office, credit, legal, and risk teams to ensure efficient, compliant execution and settlement.

Governance & Compliance

  • Ensure all trading activity is conducted in compliance with ISO/RTO protocols, regulatory requirements, and internal controls.
  • Provide insights on regulatory and market structure changes impacting congestion products.
  • Maintain transparent documentation and audit-ready communication of strategies, risks, and outcomes.

What You’ll Bring

  • Bachelor’s degree in finance, economics, engineering, mathematics, or a related quantitative discipline.
  • Minimum of 10 years of progressive experience in power trading, including significant experience in congestion or nodal-based trading within PJM and/or other ISOs.
  • Deep understanding of power market fundamentals, transmission congestion, and network topology.
  • Proven ability to manage risk and deliver consistent performance in volatile market environments.
  • Strong analytical, problem-solving, and strategic thinking capabilities.
  • Excellent communication skills with the ability to articulate complex analyses to senior stakeholders.
  • Prior leadership or mentorship experience within a trading or analytics desk.
  • Experience developing or enhancing systematic trading or analytics frameworks.
  • Familiarity with PLEXOS, Dayzer, or similar power market optimization tools.
  • Proficiency in Excel and ETRM systems.
  • Ability to work autonomously while operating effectively in a matrixed organization.
  • Comfort managing multiple priorities with a high degree of accuracy and limited oversight.
  • Willingness to engage in constructive dialogue and debate to drive better commercial outcomes.

Additional Details

  • This role is eligible for our hybrid work policy; 4 days in the office per week.
  • Must be willing and able to comply with all ENGIE ethics and safety policies;
  • Compensation: Salary Range: $176,900 – $271,170 USD annually
  • This represents the average expected pay range for a qualified candidate.
  • ENGIE complies with all federal, state, and local minimum wage laws. Actual salary offered may vary depending on geography, experience, education, internal pay alignment, or other bona fide factors.
  • In addition to base pay, this position is eligible for a competitive bonus / incentive plan.
  • Your Talent Acquisition Partner can share more specific information regarding the benefits or the salary for the position based on the work location.
  • At ENGIE, we take your well-being seriously. Our comprehensive benefits package includes options for medical, dental, vision, life insurance, employer-paid short-term and long-term disability insurance, ESPP, generous paid time off including wellness days, holidays and leave programs. We also help you plan for retirement by offering a 401(k) Retirement Savings Plan with a company match. But that's not all – we're dedicated to the health and happiness of your entire family, offering supplemental benefits for full time employees that enhance emotional and physical well-being through all stages of life from family forming to caregiver benefits. Explore our benefits package to see how we can support you.
  • Learn more.

Why ENGIE?

ENGIE North America isn’t just participating in the Zero-Carbon Transition, we’re leading it! Join us as we develop energy that is renewable, efficient, and accessible to everyone.

At ENGIE, every talent has a role to play in the adventure of the century. Make a difference and enjoy a fulfilling professional experience. Take on exciting challenges and build a career path that reflects who you are.

Join us and be part of the adventure!

ENGIE Values

L'inclusion et la diversité sont au cœur de notre politique de ressources humaines. Nous assurons l'égalité des chances entre tous les candidats et sommes engagés à créer l'environnement de travail le plus accessible possible.

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