Sr. Manager

Head of Power Trading Operations

Area: Responsibilities

• Develop and implement long-term and short-term trading strategies focused on maximizing profits from renewable assets on IEX.
• Set up business processes, systems, and team structure for the trading division.
• Oversee market entry, membership, and regulatory requirements for trading on exchanges.
• Lead, mentor, and set performance standards for the Power Trading team.
• Foster a results-driven, compliant, and collaborative culture.
• Represent the company externally at regulatory bodies, exchange meetings, and industry forums.
• Supervise risk management frameworks; ensure robust price forecasting and risk mitigation.
• Approve large positions, hedging strategies, and new product launches.
• Lead negotiations and decision-making for significant proprietary trades and back-to-back contracts.
• Ensure full compliance with CERC, IEX, and other regulatory bodies’ rules and requirements.
• Oversee all regulatory filings and documentation.
• Liaise with internal teams (finance, investments, PPA, asset ops) and external partners (utilities, regulators, customers).
• Identify and onboard new market opportunities (e.g., GTAM, REC trades).
• Guide research and implementation for new business models—e.g., contract-for-difference (CfD), virtual PPAs, market-linked products.

Qualifications

12–15 years’ experience in energy/power trading, with at least 5 in a leadership or strategic role.

• Strong leadership, commercial acumen, regulatory knowledge, analytical, and communication skills.

Key Skills

• Strong leadership, commercial acumen, regulatory knowledge, analytical, and communication skills.

Senior Manager

Area: Responsibilities

• Develop and execute power trading strategies for DAM/RTM/GTAM on IEX.
• Structure, price, and execute spot and term deals.
• Prepare regular, actionable market analysis and trading reports for management.
• Monitor and analyze market trends (price movements, weather, regulatory events).
• Provide actionable insights and propose trading adjustments.
• Support market forecasting and portfolio management.
• Suggest and implement approved hedging/risk mitigation strategies.
• Ensure trades are executed within risk limits and compliance standards.
• Maintain discipline in approvals/escalations for complex trades.
• Identify new trading opportunities (open access, third-party sales, REC/ESCerts).
• Handle key client relationships and support business development activities.
• Care for regulatory and reporting compliance tasks.
• Maintain accurate trading documentation and ensure audit-readiness.
• Suggest and implement process improvements.
• Mentor and guide manager(s) and analysts.
• Back up the Head as needed; support training and operational continuity.

Qualifications

Relevant certifications preferred.

• 7–10 years’ experience in Indian power trading, with hands-on experience in exchange/renewables.

Key Skills

• Excellent quantitative, analytical, and market-monitoring skills.
• Regulatory awareness; MS Excel and trading platforms proficiency; client-facing abilities.

Manager

Area: Responsibilities

• Place bids and execute trades (DAM, RTM, TAM, GTAM) on IEX in alignment with strategy.
• Clock with SLDC, RLDC, and asset teams to ensure accurate scheduling, delivery, and settlement.
• Maintain trade logs, update positions, and report trades to seniors.
• Monitor portfolio positions and deviations.
• Track regulatory changes; flag non-compliance risks; maintain up-to-date process checklists.
• Liaise between internal asset ops, finance, and trading/ risk teams.
• Support team in documentation, contract execution, and audit preparation.
• Assist in market surveys & analytics.

Qualifications

2–5 years’ experience in power/energy trading or scheduling.

Key Skills

• Fast learning, good with systems and numbers, disciplined, detail-oriented.
• Familiarity with IEX trading, energy scheduling, and Excel.