VP, FTR
LS Power · New York, NY · 5 days ago
Management$225k–$275k/yrFull-time
About the role
The VP of FTR will lead the development and growth of our Financial Transmission Rights (FTR) platform. Key responsibilities include:
- Leading and building the FTR business, including recruiting, mentoring, and developing a team of technical and commercial professionals.
- Serving as a player-coach, actively participating in both strategic decision-making and hands-on execution.
- Developing and implementing strategies to target key FTR markets, identifying opportunities for growth and expansion.
- Overseeing the development of the FTR platform, collaborating with technology, analytics, and trading teams to ensure robust, scalable solutions.
- Managing risk across the FTR business, establishing frameworks and controls to monitor and mitigate exposure.
- Utilizing capital effectively to build and scale the FTR desk, ensuring optimal allocation and return on investment.
- Representing LS Power in industry forums, regulatory discussions, and with key stakeholders.
Qualifications
- Demonstrate deep expertise in FTR markets (PJM, ERCOT, NYISO, MISO), trading, and risk management.
- Be both technically and commercially savvy, able to bridge the gap between analytics and business strategy.
- Have a proven track record of building and leading successful teams in energy trading or related fields.
- Thrive in a fast-paced, entrepreneurial environment and be motivated by solving complex energy challenges.
- Foster a culture of innovation, integrity, teamwork, and ownership within the FTR team.
- Ideal qualifications include a Bachelor’s Degree and 10+ years of experience in energy trading, with significant exposure to FTR markets.
- Proven leadership experience, including building and managing teams.
- Strong technical skills in analytics, modeling, and platform development.
- Deep understanding of risk management principles and practices.
- Excellent communication and stakeholder management abilities.
- A passion for innovation and driving business growth.