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