Day-Ahead Asset Optimizer/Trader

About the role

OxyChem is seeking a MISO and/or ERCOT Day-Ahead Asset Optimizer/Trader to join our commercial operations team. This role involves developing and implementing strategies to maximize the economic value of the company's ERCOT and/or MISO generation portfolio.

Responsibilities

• Develop and implement day-ahead and real-time strategies to maximize the economic value of ERCOT and/or MISO generation assets.
• Identify and evaluate price/risk trade-offs in power system operating strategies, considering transmission constraints, generation capabilities, renewable forecasts, and fuel supply dynamics.
• Cookordination with plant operations to align generation output with market opportunities and reliability obligations.
• Manage ERCOT and/or MISO bid submissions, resource offers, and ancillary service participation to ensure compliance and profit maximization.
• Oversee scheduling and dispatch of controllable load resources in coordination with real-time operations.
• Monitor and analyze the company’s ERCOT and/or MISO power positions; recommend adjustments to optimize portfolio value and hedge market exposures in accordance with approved risk limits.
• Execute short-term trades and transactions to balance portfolio requirements.
• Coordinate plant outage timing with resource planning to maximize availability during periods of high profitability.
• Partner closely with the Regulatory team to develop, align, and execute strategic positions on regulatory matters impacting market participation, asset optimization, and commercial objectives.
• Collaborate with credit, contracts, and counterparties to establish new commercial opportunities.
• Research ERCOT and/or MISO market fundamentals, regulatory changes, and industry trends to develop forward market strategies.
• Maintain up-to-date knowledge of ERCOT and/or MISO protocols, market rules, and transmission tariff structures.
• Provide market insights to senior management for strategic planning and asset investment decisions.
• Partner with real-time operations, chemical facilities, and risk management to align commercial strategies with operating constraints.
• Work closely with IT and data analytics teams to enhance bidding, forecasting, and asset optimization tools.
• Ensure operational compliance with FERC, NERC, ERCOT and/or MISO, and other applicable regulatory requirements.
• Lead and mentor junior team members, sharing ERCOT and/or MISO market and asset management expertise.
• Account for all preschedule and day-ahead transactions and ensure accurate communication to back-office teams.
• Prepare periodic asset performance and portfolio optimization reports for internal stakeholders.
• Represent the company in ERCOT and/or MISO -related industry forums, committees, and working groups.

Qualifications

• Bachelor’s degree in data science, engineering, mathematics, finance, or a related field, or equivalent experience.
• Minimum of 1 year of experience in ERCOT and/or MISO power asset optimization, scheduling, analytics, generation operations, or energy trading.
• Proven experience with ERCOT and/or MISO market participation, including generation dispatch, day-ahead bidding, and ancillary services.
• Strong ability to analyze market data, identify commercial opportunities, and make decisions in fast-paced environments.
• Advanced knowledge of ERCOT and/or MISO transmission constraints, dispatch protocols, and settlement processes.
• Familiarity with ISDA, NAESB, and other industry-standard agreements.
• Proficiency in energy market analytics, forecasting models, and trading systems.

Skills

• Strong analytical skills.
• Ability to coordinate across operations, trading, and risk functions to achieve commercial objectives.

Benefits

OxyChem offers very competitive pay and benefits, along with tremendous career development opportunities.

Pay

Competitive compensation package based on experience and qualifications.

Schedule

Full-time position with flexible work schedule to accommodate market needs.