Altop Energy
Real time Power Trader- East
Altop Energy, Houston, Texas, us, 77001
Real Time Trader – East
Tasks/Responsibilities:Trades physical and financial power in the Eastern Interconnect with strong focus on Physical marketsIdentify 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 OATIAccurately 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 existAbility to work shift and support additional coverage requirements which may include team vacation, sickness, or system emergency responses.
Qualifications3+ 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 expectedBachelor’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 tradesKnowledge of different transmission types available for purchases and strong knowledge of WebTag and OASISStrong written & verbal communication skills; strong problem solving, analytical and conflict resolution skillsAbility to make decisions quickly and mitigate risks while ensuring compliance with prescribed parametersSelf-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
Tasks/Responsibilities:Trades physical and financial power in the Eastern Interconnect with strong focus on Physical marketsIdentify 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 OATIAccurately 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 existAbility to work shift and support additional coverage requirements which may include team vacation, sickness, or system emergency responses.
Qualifications3+ 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 expectedBachelor’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 tradesKnowledge of different transmission types available for purchases and strong knowledge of WebTag and OASISStrong written & verbal communication skills; strong problem solving, analytical and conflict resolution skillsAbility to make decisions quickly and mitigate risks while ensuring compliance with prescribed parametersSelf-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