Power Trader
Jobot · Houston, TX · 1 mo ago
On-siteFinance$130k–$180k/yrFull-time
About the role
Step onto a top‑tier merchant energy trading desk where you’ll drive real P&L on physical and financial power markets. The position offers strong base pay, a discretionary performance bonus, and genuine autonomy on a lean, high‑caliber team.
Company overview
A leading global commodities merchant trading across physical and financial energy markets, including power, natural gas, oil, and emissions. Known for disciplined risk management, deep market‑infrastructure expertise, and a culture built on integrity and accountability.
Responsibilities
- Execute physical and financial power trades across regional ISO/RTO markets.
- Develop and manage trading strategies to capture value across day‑ahead, real‑time, and forward power markets.
- Monitor market fundamentals (weather, load, generation, transmission constraints) to inform trading decisions.
- Manage position risk and P&L within defined risk limits and mandates.
- Collaborate with scheduling, risk management, and origination teams on deal structuring and execution.
- Maintain and build relationships with counterparties, ISOs, and market participants.
- Ensure accurate and timely trade capture, confirmation, and settlement processes.
- Stay current on regulatory developments (FERC, NERC, ISO tariffs) affecting power markets.
Compensation
Salary: $130,000 – $180,000 per year, plus a discretionary performance bonus.
Benefits
- Comprehensive health, dental, and vision coverage.
- 401(k) retirement plan.
- Seat at a well‑capitalized, established merchant trading platform with global market reach.
- Direct exposure to physical and financial power markets with real trading authority.
- Collaborative, high‑caliber trading floor culture.