Jobs · Sales · Illinois

Day-Ahead Trader

RWE · Chicago, IL · Yesterday
SalesFull-time

Responsibilities

  • Responsible for ISO trades at the HB and Nodal level (PTPs, Inc/Decs, Energy Only Offers, Three-Part Offers, etc)
  • Analyze and formulate opinions about short-term market risks and opportunities to take positions in the Day-ahead market
  • Apply our fundamental market models to test and derive your trading strategy
  • 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
  • Maximize the value of generation resources through strategic purchases and sales of energy while adhering to the company’s overall strategies and established parameters
  • Maintain and optimize the dispatch of generating assets and provide necessary assistance
  • Build and maintain collaborative relationships with our fundamental market experts and various other experts across the group
  • Build up performance dashboards and automate workflows to streamline our daily trading routine
  • Possibility of weekend and holiday coverage

Requirements

  • University degree in Mathematics, Economics, (Electrical) Engineering or related field
  • Experience in energy/gas trading environment with experience in PJM, ERCOT, MISO, CAISO, ISO-NE, or SPP nodal markets
  • Experience with Yes Energy, Dayzer, EMS, ETRM, and bid-to-bill software is required
  • Understanding of commercial optimization of wind and solar energy facilities, electric transmission, thermal generation, gas transportation, along with forecasting methods

Skills

  • Demonstrate a self-confident natural behavior and be comfortable to handle uncertain (market) situations
  • Excellent analytical mindset, striving for optimization and performance
  • Strong team player & excellent communicator with a high degree of personal commitment, motivation and the ability to work independently
  • Proven capability to handle multiple tasks effectively in high-pressure situations
  • Reliability and accountability in meeting deadlines
  • Proficiency in SQL and Python is highly desirable

Benefits

Join an international leading energy trading house which is in a period of growth

Find yourself in a motivating workplace that is built on mutual trust, values and a feedback culture with a positive and inspiring working atmosphere

Discretionary bonus based on execution performance

Team work, support and openness, visibility and recognition of own work

Salary: $125,000 - $175,000

Relocation package available

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