Senior Power Trader

Senior Power Trader (East) – Houston, TX

We are partnering with a fast-growing commodity trading firm that is seeking a Senior Power Trader (East) to join their expanding office in Houston. This is an exciting opportunity for an experienced trader to play a critical role in driving the firm's growth in the power trading markets.

About the Role:

The successful candidate will take ownership of proprietary power and natural gas trading, focusing on Eastern Interconnect markets such as PJM, MISO, and/or Northeast regions. You will leverage your expertise in market analysis, financial product trading, and strategic deal structuring to drive profitability and maintain a competitive edge.

This firm operates in all major power markets, including CAISO, Ontario IESO, ISO-NE, NYISO, PJM, MISO, SPP, AESO, and ERCOT. With a presence across the U.S., Canada, Mexico, and the EU, this is an opportunity to join a dynamic, fast-paced environment where innovation and performance are highly rewarded.

Key Responsibilities:

• Execute proprietary trades for prompt-to-term financial power products, with a focus on markets within the PJM, MISO, NYISO, and ISO-NE regions.
• Conduct comprehensive market analysis and fundamental research related to the Eastern Interconnect power and gas markets.
• Collaborate with other traders and desk members to share insights and market intelligence.
• Partner with Origination teams to price and manage structured deals as needed.
• Work closely with Compliance, Risk, and Credit teams to ensure adherence to governance and control standards.

Qualifications:

• A degree in Economics, Business, Engineering, Statistics, or Mathematics from a leading institution.
• 5+ years of experience in both physical and financial power trading, with strong knowledge of the Eastern Interconnect
• Expertise in trading heat rates, locational spreads, and time spreads
• Experience with option trading is a plus.
• Deep understanding of market rules, tariffs, and RTO/ISO regulations in the Eastern Interconnect.
• Solid Risk Management skills and the ability to perform under pressure in a fast-paced environment.

Desirable Skills:

• Proficiency in Python, VBA, SQL, and other programming languages.
• Familiarity with data science tools such as Tableau, R, or Power BI is an advantage.
• Strong analytical and quantitative skills are essential.

What’s on Offer:

• A competitive base salary and one of the best incentive plans in the industry, reflecting the firm’s self-funded, performance-driven approach.
• Comprehensive benefits package
• A vibrant, collaborative work environment based in Houston, TX, or at their new Calgary office.

If you're an experienced trader looking to join a dynamic and growing firm, this could be the perfect role for you.