Jobs · Finance · Illinois

Day Ahead Power Trader

Invenergy · Chicago, IL · 1 mo ago
Finance$98k–$113k/yrFull-time

Responsibilities

  • Maximize the value of generation resources through strategic purchases and sales of energy while adhering to the company’s Risk Management Policy and established parameters.
  • Collaborate with gas traders to develop accurate forecasts of generation and fuel requirements, which will inform fuel purchasing decisions.
  • Determine offer and bid prices for the Day Ahead markets, and occasionally negotiate the sale or purchase of power to enhance profitability and resource utilization.
  • Monitor the dispatch of generating assets and provide necessary assistance and guidance to Real-Time Traders as required.
  • Establish and maintain professional relationships with marketers and Energy Management customers, both internally and externally.
  • Make critical pricing and offer quantity decisions that significantly impact project profitability with minimal direct guidance.
  • Analyze and interpret transmission data and models to support short-term trading decisions.
  • Prepare and deliver monthly presentations on project progress, outcomes, and forward expectations to stakeholders.
  • Will require rotating weekend and holiday coverage.
  • Travel expected no more than 10%.

Requirements

  • Bachelor’s degree in engineering, technology, operations, business, or related field OR equivalent experience in energy operations or critical infrastructure.
  • Eligible to work in the United States without the need for employer visa sponsorship now or in the future.

Preferred Skills

  • 2+ years of experience in energy/gas trading environment with experience in PJM, ERCOT, MISO, CAISO, ISO-NE, or SPP nodal markets.
  • Familiarity with energy systems, including thermal generation, electric transmission, gas transportation, and wind and solar energy facilities, along with forecasting methods.
  • Strong quantitative, analytical, and problem-solving skills.
  • Demonstrated ability to engage effectively with team members and senior management in decision-making and strategic planning.
  • Proven capability to handle multiple tasks effectively in high-pressure situations.
  • Reliability and accountability in meeting deadlines.
  • Exceptional communication and teamwork skills.
  • Proficiency in SQL and Python is highly desirable.
  • Proficiency with Microsoft Suite preferred.
  • Experience with Yes Energy, Dayzer, or bid-to-bill software a plus.

Pay

Base Pay: $98,000.00 - $113,000.00 USD
Annual Bonus: 10% - 25%

Schedule

Rotating weekend and holiday coverage.
Travel expected no more than 10%.

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