Logo
Altop Energy

Real time Power Trader- East

Altop Energy, Houston, TX, United States


Real Time Trader – East

Tasks/Responsibilities:

  • Trades physical and financial power in the Eastern Interconnect with strong focus on Physical markets
  • Identify availability and secure transmission service for electric transactions through Open Access Same-time Information Systems (OASIS). Uses knowledge of the transmission grid to create arbitrage opportunities. Purchases forward transmission positions on constrained paths when appropriate. 
  • Analyzes energy and transmission alternatives to optimize profits and ensure delivery. 
  • Tagging of energy transactions on OATI 
  • Accurately record purchase and sale transactions on appropriate blotters or trade tickets and ensure that all necessary transaction details are entered into Altop’s deal capture system. 
  • Work with bilateral counterparties to buy power to be served to pools when opportunities exist
  • Ability to work shift and support additional coverage requirements which may include team vacation, sickness, or system emergency responses.

Qualifications

  • 3+ Years experience in power trading, power system operations, derivatives, marketing or bulk power system management. Experience in ISONE, NYISO, PJM, MISO, SPP, ERCOT or SERC is expected
  • Bachelor’s degree in economics, Mathematics, Finance, Engineering. Master’s degree preferred. 
  • Proven record in power trading with physical/financial power dynamics with characteristics of hydro, coal, wind, solar and gas fired generation. 
  • Knowledge of financial and accounting practices used for physical trades
  • Knowledge of different transmission types available for purchases and strong knowledge of WebTag and OASIS
  • Strong written & verbal communication skills; strong problem solving, analytical and conflict resolution skills 
  • Ability to make decisions quickly and mitigate risks while ensuring compliance with prescribed parameters 
  • Self-starter with the ability to work effectively in a fast paced, multi-tasking, team environment 

Benefits:

· Bonus based on percentage of book and paid quarterly

· Health, dental, vision

· Excellent 401k plan

· Competitive Salary

· PTO – including vacation and generous sick leave