Principal Energy Trader (SmartBidder)
Ascend Analytics · Boulder, CO · Yesterday
Hybrid$200k–$250k/yrFull-time
Key Responsibilities
- Set the strategic direction for SmartBidder’s trading analytics by defining success metrics and leading initiatives that improve performance across the fleet.
- Serve as a senior individual contributor and thought leader within the SmartBidder analyst and engineering teams, establishing best practices for performance monitoring, analytical rigor, and ongoing strategy refinement.
- Act as the team’s primary subject matter expert on wholesale electricity trading, market fundamentals, bidding strategy, and ISO protocols and operations.
- Own fleet-level trading performance monitoring, benchmarking, and reporting across customers and markets.
- Identify trends, diagnose underperformance, surface emerging opportunities, and direct the team’s analytical response.
- Develop and maintain repeatable processes for evaluating bidding strategies, model performance, market outcomes, and customer-specific constraints.
- Partner closely with product and engineering to manage the market performance backlog, translate analytical findings into product requirements, and inform roadmap prioritization.
- Monitor regulatory developments and market design changes across relevant ISOs. Evaluate their commercial and operational implications and communicate proactively with internal teams and customers.
- Serve as a technical expert and trusted advisor to customers and sales prospects, including leading executive-level discussions, supporting strategic account conversations, and presenting complex market concepts clearly.
- Represent Ascend as an industry thought leader through market commentary, customer education, conference presentations, webinars, and other external forums.
- Support the development and mentorship of SmartBidder analysts.
Required Key Qualifications
- Bachelor’s degree in engineering, data science, economics, finance, mathematics, or another relevant quantitative field.
- 6+ years of professional or postgraduate experience in wholesale power markets, electricity trading, market analytics, or a related field.
- Experience at a utility, independent power producer, trading firm, market operator, or energy software company is strongly preferred.
- Strong understanding of energy modeling systems and analytical methods, including price forecasting, dispatch optimization, revenue analysis, or related frameworks.
- Deep expertise in at least one major U.S. ISO, with working knowledge across multiple markets.
- Demonstrated ability and interest in using AI-enabled tools to support research, coding, data analysis, and workflow automation.
- Strong quantitative and analytical skills, with the ability to interpret complex datasets and translate findings into actionable recommendations.
- Proficiency in Python is preferred.
- Excellent written and verbal communication skills, including the ability to explain complex market dynamics to technical teams, commercial stakeholders, and executive audiences and to produce polished customer-facing materials.
- Experience in a customer-facing, consulting, trading, or advisory role, with a demonstrated ability to establish credibility, build trust, and manage client relationships effectively.
- Self-directed, highly organized, and able to manage multiple priorities independently while maintaining analytical rigor in a fast-paced operational environment.
Preferred
- 10+ years of experience in wholesale power trading, energy market analytics, or related fields.
- Trading and risk management structuring and transactional experience including with forward energy contracts, hedges, FTRs, CRRs and other electricity derivatives.
- Deep knowledge of power market operating protocols, rules, and stakeholder processes.
- Graduate degree in economics, engineering, finance, business, energy systems, or a related field, ideally with a concentration in energy.
- Demonstrated industry thought leadership through publications, conference presentations, participation in industry or ISO working groups, or equivalent external engagement.
- Experience influencing product and engineering roadmaps through market, customer, and operational insights.
- Experience leading complex, cross-functional projects or programs through influence rather than direct authority.