Real Time Power Trading

ET Members, I get emails all the time from headhunters, so I will share some of the more recent vintages:

Senior Energy Commodity Contract Specialist

The Sacramento Municipal Utility District in Sacramento, California is currently recruiting for a Senior Energy Commodity Contract Specialist. This position is responsible to procure energy and energy-related commodities under long term purchase agreements in order to reliably serve the needs of SMUD's customer/owners and to administer such agreements. (Energy-related commodities include: electricity, natural gas, renewable electricity, renewable gas, renewable energy credits, electric transmission, gas transmission, gas storage, greenhouse gas (GHG) offsets, GHG allowances, etc.). In addition, this position will perform advanced professional technical analyses in assessing and recommending specific energy and energy-related commodity opportunities to SMUD management to ensure that the procurement of energy and energy-related commodities meets SMUD s needs at the most lowest costs considering within SMUD's tolerance for risk.

REQUIREMENTS: Five (5) or more years of progressively responsible relevant work experience in the power industry negotiating power contracts with wholesale suppliers and/or utility customers, performing contract administration, planning and/or operating the bulk power system. BA/BS degree from a n accredited college or university majoring in Public or Business Administration, Engineering, Economics or related field or equivalent experience.

►To view a complete job posting and to apply online, go to smud.org/careers.
 
ET Members, I get emails all the time from headhunters, so I will share some of the more recent vintages:

City of Eugene (Oregon) Water & Electric Board
Real Time Trader

The Eugene Water and Electric Board is currently seeking a Real Time Trader for real time negotiations and implementation of power sales, purchases, and exchanges of power and transmission products over a “next hour” to 24-hour time frame. This position is responsible for knowing current marketplace price and supply conditions and real-time trading practices. The successful candidate will operate, monitor and control EWEB's hydroelectric and thermal generating plants through SCADA and controlling by AGC to maximize their value within license conditions. All while undertaking profitable off-system sales as power market conditions and EWEB risk management policies and procedures warrant. They will serve in a back-up role to Short-Term Traders. The Real-Time Trader will have authority to conduct approved trades of power supply with delivery occurring for 1-day, balance of month, and prompt month contracts when transacting in that capacity.

For more information and to apply, please visit: http://agency.governmentjobs.com/eweb/default.cfm
 
ET Members, I get emails all the time from headhunters, so I will share some of the more recent vintages:

Senior Quantitative Analyst — Job 1704P

Client is looking for an experienced, sophisticated analyst to be responsible for quantitative and analytical model design for a large, multi-product risk group. This person would be the lead analytical resource.

This role is responsible for designing, implementing and maintaining risk measurement and valuation models, including forward price curves, correlation matrices and volatility surfaces.

The position is located in the metropolitan New York area.

Clearly a responsible position, it has both the responsibilities of a highly visible position and the opportunities available to such a person.

Qualifications

5+ years experience as an quantitative analyst in the energy markets, specializing in a risk, valuation, or modeling function .

Familiarity with the entire energy complex covering some or all of the key products: crude, products, power and natural gas.

Strong understanding of stochastic calculus & applied mathematics, derivatives (futures/swaps/options), and risk measures (e.g., Greeks, volatilities, correlations, Value-at-Risk, stress testing)

Experience with implementing models to adapt flat or incomplete market forward price data to create a model-based forward price curve.

Expertise in energy option valuation.

Complete familiarity with all alternative approaches to calculating Value-at-Risk (VaR) and a demonstrated ability to understand the benefits and weaknesses of the various approaches.

A PhD is desired, but someone with a MS with excellent work experience would be happily considered.

Energy Market Risk Specialist — Job 1703P

This position is a great position for a junior-mid level professional in the energy space.

Part of a corporate risk management group led by a new Chief Risk Officer, it offers stability and a solid learning experience.

The position is located in the metropolitan New York area.

The client is emphasizing the understanding of the physical as well as financial energy market. This particular position is involved with the risk oversight of the commercial and industrial power and natural gas business.

The Risk Specialist is responsible for the day-to-day generation of risk reports, maintenance of system data integrity, and programming new risk reports and applications in conjunction with the firm’s technology team.

Qualifications

1-2 years work experience in an energy-related risk management or trading operation.

Bachelors in finance, engineering, applied mathematics, physics or related fields.

Strong Visual Basic (VBA) programming skills.

Strong attention to details to perform reconciliation between business unit trading ledgers and position reports with corporate-level reporting.

FTR Analyst — Job 1681P

The client is a strong physical/financial trading group in the Midwest, which has continued to profit in power and natural gas markets, even in a difficult environment.

This is an excellent opportunity for the analyst with 2 or more years of experience who wants to move into a trading role in the future and really understands the transmission grid.

The client has strong analytical talent on board, but those resources are committed to other FTR markets. So this position will focus on NY, NE and California.

A MS degree or PhD in engineering or physical science with excellent math skills is expected, plus indepth experience in analyzing transmission markets.


Please send resumes to resumes@rockwoodsearch.com citing the assignment number.
 
ET Members, I get emails all the time from headhunters, so I will share some of the more recent vintages:


Senior Specialist, Commodity Forecasting (Coal Emphasis) (7416)
Serves as the senior technical expert in development, documentation, and dialogue of several complex commodity price forecasts. Develop, analyze, and interpret complex, inter-related energy price forecasts primarily coal. Operate multi-level models for development of correlated commodity price forecasts. Knowledge of the drivers of commodity forecasts is essential. Leads external vendor contract management as well as critical consultant support for special projects and utility benchmarks. Lead development of price forecasts with fuel buyers, fuel transportation schedulers and contract managers, generation planners, bulk power traders, risk analysts, environmental compliance managers, and strategists in the development and issuance of short and long-term price forecasts. Advise senior management on implications of coal price forecasts on Power Supply Plans, coal contract negotiations, MTM analysis, fuel selection decisions and Clean Air strategy, product pricing evaluations, risk evaluations, long range financial plans, strategic plans, bulk power trading transactions, IRPs and project evaluations,. Obtain, interpret and provide information on specific industry trends, benchmarks and models used in commodity price forecasting. Serve as lead on official long and short-term commodity price forecasts, process and compliance methods. Support complex modeling techniques to analyze ranges and other uncertainty analysis for price forecast implications. Explain major drivers and potential crossover points with scenario analysis and quantification of key drivers.

Bachelor's degree in economics, engineering, finance, statistics or a comparable quantitative field of study plus 8-10 years of experience in business analysis, engineering/economic analysis, decision-modeling analysis, commodity forecasting or advanced quantitative analysis primarily in the coal industry. Must have working knowledge of utility system planning and operational practices.

Senior Transmission Contracts Specialist (7439)
Serve as a specialist to provide commercial transmission related support for managing portfolio congestion and interconnection for new and existing projects. Evaluate futures and results of models produced by company organizations. Perform strategic, marketing and tactical planning in the conduct of operations. Responsible for designing/developing strategies for financial hedging opportunities. Conduct analysis and make recommendations for CRR and FTR auctions. Responsible for providing calculations to estimate the available transmission capacity at potential development locations and to make recommendations to management.

Bachelor's degree in Electrical Engineering (Masters Degree preferred). Ten years' experience with at least five years of actual experience in strategy development, analytical and/or modeling and related transmission experience required. Experience in a merchant environment would be beneficial. Should be familiar and possibly have experience with the nodal production cost software such as DAYZER, UPLAN, or PROMOD and interpretation of their results. Prior FTR or CRR experience would be a significant asset. Should posses the knowledge of how to create load flow cases and contingency analysis and interpret results. Must be able to use PSS/E, and/or PowerWorld. Familiarity with MISO and PJM will be required. Also knowledge of FERC rulings in any of these markets is an asset. Must be familiar with all NERC regions and the associated processes to reserve wholesale transmission.

Senior Load Forecasting Specialist (7433)
Direct and participate in the processes to produce forecasts of electricity consumption by monitoring process and outcome indicators against plan and taking positive action when necessary. Forecast future loads, market conditions and providing updates on and analysis of sales and revenues in the electric power market. Provide improvements in existing processes and designs for new processes and associated process indicators to improve speed and accuracy and/or reduce costs. Assist Manager in ensuring that impacts of Marketing Strategy (products and prices) are accurately reflected in sales and revenue forecasts. As an expert in one or more load forecasting techniques, direct the technical direction and operation of economic end-use, econometric load forecasting and other associated models. Participate as needed on appropriate NERC, SERC, EPRI and associated industry committees. Direct the work of other analysts in the performance of the above functions.

M.S. degree in Economics, or comparable related field of study, or equivalent education, training & experience. Doctorate in Economics is desirable. Must have least 10 years of progressive experience in load forecasting or closely related work experience with in-depth knowledge, skills and abilities in forecasting techniques.

Engineer – Power Plant Development (7230)
Support project development and project management activities for domestic power generation projects. Participate in conceptual design and environmental permitting; solicitation and evaluation of proposals for technical services, equipment and construction; contract administration; and general project management.

Provide engineering support on natural gas fired combined cycle or cogeneration development projects including mass heat balances, emissions calculations, site layouts, performance estimates, capital and O&M cost estimates, interface and negotiate with vendors and EPC contractors

Bachelors’ Degree in Engineering is required as is at least 5 years experience in the power generation industry (as a developer or engineer with a generation development company, an engineering firm or a relevant equipment manufacturer). Must also possess strong analytical, planning, organizational, and communication skills; be energetic and self-motivated. Must also be capable of handling multiple and diverse tasks.

FOR THESE JOB OPPORTUNITIES PLEASE SEND RESUME TO: E-mail resume to: llaux@topcareers.com. View all job openings at www.topcareers.com.
 
ET Members, I get emails all the time from headhunters, so I will share some of the more recent vintages:


Manager, Load Analytics – Portfolio Forecasting & Analysis
Req.#1523A
Location: Houston, TX
Purpose: The Load Analytics Group is an operationally directed, applied quantitative team, focused on retail electricity load analytics and risk analysis centered on load, price, and weather risks and associated correlations. The group is responsible for risk analytics, modeling, simulations, fundamental market analysis as well as for operation and maintenance of key systems and processes. The position is in post-deal side, supporting the range of activities required to service loads, to value the portfolio, to manage risk and to strategically plan.
Reports to: Director, Load Analytics

Job Functions
Essential Functions
▪ Assist with price, volume and revenue forecasts, analysis and reports for retail power portfolios covering ERCOT, PJM, NYISO, ISO-NE and MISO.
▪ Provide quantitative decision support and position analysis - weather risk, risk modeling, simulations and load estimation.
▪ Assist with analysis of historical electric power data to identify anomalies, such as, unusual patterns of usage, potential metering problems and missing or bad data that might impact pricing, risk and the cost to serve.
▪ Assist with the support, operation, maintenance and enhancement of key internal applications that support forward load estimation, load forecasting, portfolio management, load scheduling, valuation, risk and pricing for portfolios of electric power load.
▪ Understand energy market fundamentals and their relations to prices, loads and gross margin risk.
▪ Must maintain high standards for data quality.

Requirements
▪ Ability to meet highest attendance requirements
▪ Ability to use personal computer, calculator, etc.
▪ Could involve some lifting.
▪ Ability to communicate effectively, both written and verbally.
▪ Ability to handle multiple assignments on a timely basis with a high degree of accuracy.

Other Abilities
▪ Demonstrated quantitative skill set - statistics, modeling and simulations
▪ Working knowledge of electric power and electric power markets
▪ Experience handling and managing issues with large quantities of electric usage data
▪ Demonstrated SAS programming experience beyond the basics
▪ Demonstrated knowledge of at least one structured programming language (e.g. C or C++)
▪ Intermediate to advanced knowledge of Excel and database applications
▪ Capable of working and thinking independently in a flexible work environment without close supervision
▪ Ability to handle multiple activities and deadlines
▪ Excellent written and verbal communication skills

Education /Experience
▪ Bachelor's or Master's Degree in Economics, Finance or Mathematics
▪ 3 to 5 years quantitative experience in retail electric power


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Manager of Pricing and Structuring, Supply
Req. #1635
Location: Houston, TX GSERNA HQ
Purpose: Manage the pricing and structuring of retail electricity sales transactions
Reports to: Director of Pricing and Structuring, Supply

Job Functions
Essential Functions
▪ Manage the costing and structuring of retail power transactions and/or mass market power campaigns
▪ Maintain and continuously improve forward energy price curves
▪ Analyze and model the price risk and volume risk associated with serving customers on structured products
▪ Ensure retail transactions are booked into the risk system
▪ Assist with development, testing, and maintenance of Pricing and Risk systems
▪ Provide ad-hoc analysis on market fundamentals, pricing components, and risk exposure
▪ Collaborate with other pricing managers and delegate to pricing analysts as needed
▪ Interact with regional portfolio managers in maintaining various inputs to the pricing process
▪ Interact with the Sales and meet with customers to support the procurement needs of customers
▪ Acts as a team member with all employees of IPR-GDF SUEZ staff

Other Functions
▪ Complies with all IPR-GDF SUEZ policies and procedures

Requirements
▪ Advanced or intermediate skill with MS Excel and database applications (Access and/or Oracle) is required
▪ Strong analytical, planning, and organizational skills are required
▪ High level of detail and initiative are required
▪ Strong communication skills both orally and written are required
▪ Ability to think logically and with clear reasoning is required
▪ Ability to work under tight deadlines and manage stressful situations is required
▪ Ability to work within a team and receive direction from others is required
▪ Ability to meet highest attendance requirements
▪ Ability to use personal computer, calculator, etc.
▪ Could involve some lifting.
▪ Ability to handle multiple assignments on a timely basis with a high degree of accuracy.

Other Abilities
▪ Knowledge and proficiency in VB, SQL is a plus
▪ Knowledge of Pricing Expert, Siebel, or LPSS is a plus

Education /Experience
▪ Bachelor’s degree is required – Business, Economics, Engineering, Computer Science majors are preferred
▪ 4+ years of experience is preferred – prior experience in power, risk, or natural gas is preferred
▪ MBA degree is preferred
▪ Knowledge of options in energy markets is preferred
▪ Previous professional experience in a client facing role is preferred


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TO APPLY:
IPR-GDF SUEZ North America encourages individuals to apply for open positions using the Apply Online button below.

►Apply Online: http://www.gdfsuezna.com/careers/postings.shtml .

However, if you are unable to complete your application on-line you may mail your resume to our address: IPR-GDF SUEZ North America, Attn: Human Resources, 1990 Post Oak Boulevard, Houston, TX 77056.
 
ET Members, I get emails all the time from headhunters, so I will share some of the more recent vintages:


Manager, Supply Portfolio Management
Req. #1579
Purpose: Manage all risk and portfolio management activities related to retail electricity sales offerings in ERCOT.
Location: Houston, TX
Reports to: Director of Supply

Job Functions
Essential Functions
▪ Manage risk associated with retail electricity sales activities in ERCOT. Management of retail risk begins prior to deals being signed and continues through the delivery hour.
▪ Drive execution of wholesale purchases and/or sales of simple and complex energy derivatives and/or physical products to manage risk imbedded in retail sales and to maintain the book within corporate risk policy limits and business unit guidelines
▪ Perform portfolio management and hedging activities; procure energy hedges, maintain balanced energy portfolio with Director's guidance.
▪ Manage short term position/portfolio management activities in ERCOT including; buying/selling power and ancillary services, submitting day-ahead energy bids/offers and coordinating all load scheduling activities with the scheduling desk. Understand drivers to energy prices.
▪ Work in conjunction with Generation, Trading, and Origination Groups, manage the structuring and valuation of standard and/or complex internal wholesale products relevant to managing the risk of a retail portfolio .
▪ Work in conjunction with Retail Pricing and Retail Sales, assist with the structuring and valuation of complex retail products and targeted campaign initiatives in aspects relevant to managing the risk of the retail portfolio
▪ Assist with assessment, procurement, and dispatch of option products used to manage portfolio risk associated with load growth, volatility, attrition, etc.
▪ Measure and report portfolio financial forward estimates and operational results
▪ Assist with management, maintenance, and continual improvement of key systems used to perform all portfolio management functions.
▪ Assist with the maintenance of numerous cost components used as inputs into the pricing process for the ERCOT market.
▪ Monitor very closely all regulatory matters at the ISO, utility and all state government level and work with team members to assess proactively the financial impact resulting from future regulatory/tariff modifications as well as to coordinate with Pricing any necessary price changes in a timely manner
▪ Support Legal with contract language modifications as needed
▪ Support the growth of our business with the structuring of new market/new product offerings by providing guidelines and recommendations given ISO market construct, protocols and market liquidity.

Other Functions
Work with Information Technology and other groups on development, maintenance, and testing of application platforms

Qualifications
Preferred Requirements
▪ Advanced knowledge of Excel and/or database applications.
▪ Must possess analytical, planning, and organizational skills.
▪ Position requires initiative, creativity, and attention to detail.
▪ Ability to communicate effectively, both orally and written, at various levels inside and outside of the organization.
▪ Proficient in Microsoft Office software.
▪ Ability to think logically and with clear reasoning.
▪ Strong quantitative analysis capabilities coupled with the ability to work under tight deadlines

Education/Experience
▪ Bachelor's or Master's Degree in Engineering, Business Administration, Finance, Economics, Accounting, Mathematics or equivalent required.
▪ Minimum 6 years experience in competitive gas and/or electricity business.
▪ 3+ years experience in marketing, trading, or structuring of retail electricity preferred. Previous ERCOT experience strongly preferred.
▪ Experience with the nMarket/Ventyx Power Product Suite is a plus, including: Offer Manager, Trade Manager, Position Manager & Settlement Manager
▪ Knowledge of electricity, gas, transmission and distribution losses, ancillary services, capacity, renewable energy credits, and regulatory environment required
▪ Knowledge of SQL, Siebel, LPSS, or SAS a plus


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Senior Analyst Portfolio Optimization, LPM New England
Req. #1532
Purpose: Supports delivery of financial results of the region vs budget within the values and ethics of the company. Identifies, analyzes, and monitors issues that affect profitability, growth, and productivity. Optimization of generation fleet through assistance with optimization projects to meet/exceed budget and deliver enhanced value from assets and positions. Also, responsible for essential activities involving financial, contract, and market analysis.
Location: Houston, TX
Reports to: Manager, Portfolio Optimization, LPM New England

Essential Functions
▪ Budgeting, financial forecasting, KPIs and variance analysis.
▪ Backtesting of dispatch strategies.
▪ Risk assessments.
▪ Coordination of hedging analysis with TPM.
▪ Support various ISO auction submissions.
▪ Analysis related to operational events, contractual disputes, and insurance claims.
▪ Collaboration with operations support, business development, and financial advisory groups on optimization projects.
▪ Acts as a team member with all employees of GDF SUEZ staff
▪ Complies with all GDF SUEZ policies and procedures

Essential Physical Abilities
▪ Ability to meet highest attendance requirements
▪ Ability to use personal computer, calculator, etc.
▪ Could involve some lifting.
▪ Ability to communicate effectively, both written and verbally.
▪ Ability to handle multiple assignments on a timely basis with a high degree of accuracy

Other Abilities
▪ Demonstrated strong analytical skills
▪ Ability to analyze complex contracts, tariffs, regulations, and market rules
▪ Ability to grasp engineering concepts related to power plant operations
▪ Adept at communicating complex information to management in a decision support context
▪ Familiar with power system fundamentals, price drivers, commodity relationships, and ISO market rules

Education /Experience
▪ Bachelor’s degree in a quantitative field (e.g., math, economics, or engineering)
▪ Master’s degree (MBA or MS in Economics/Finance) preferred


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TO APPLY:
IPR-GDF SUEZ North America encourages individuals to apply for open positions using the Apply Online button below.

►Apply Online: http://www.gdfsuezna.com/careers/postings.shtml .

However, if you are unable to complete your application on-line you may mail your resume to our address: IPR-GDF SUEZ North America, Attn: Human Resources, 1990 Post Oak Boulevard, Houston, TX 77056.
 
ET Members, I get emails all the time from headhunters, so I will share some of the more recent vintages:

Portfolio Manager
Req.# GDF298
Purpose: Develop and manage portfolio hedging and risk management strategies across LNG, Retail, Generation assets, regionally and across business units while optimizing within corporate risk mandates.
Location: Houston, TX

Job Functions
Essential Functions
▪ Identify portfolio level commodity and credit synergies across business units based on in-depth understanding of the company’s diverse asset performance and operating characteristics.
▪ Position requires very good understanding of current and emerging energy, environmental and financial market regulatory developments as well as tracking and working with Regulatory staff to forecast and quantify potential portfolio impact of regulations.
▪ Must have mastery of Excel and Access and proficiency in Word and Powerpoint.

Systems: Must know/be able to use Zainet, Matlab, e-views, SAS, Reuters, Visual Basic, SQL

Education /Experience
▪ MBA or equivalent Master's level degree with concentration in Finance
▪ Three (3) years of relevant experience in risk management/optimization of a broad range of energy assets (Retail, Generation assets, LNG)


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Director, ERCOT Term Trading
Req.# 1558
Purpose: The Director, ERCOT Term Trading is responsible for creating value through analyzing and understanding the ERCOT market, predicting its behavior, placing trades with predetermined exit and stop levels, monitoring the market and executing risk management actions, and evaluating the results.
Reports to: Vice President, Trading - North America, IPR-GDF SUEZ
Location: Houston, TX

Job Functions
Requirements:
The Director, ERCOT Trading must have the following technical/specialized skills:
▪ Broad understanding of the characteristics, drivers, and key elements of the ERCOT markets.
▪ Solid demonstrated understanding of regulated and non-regulated industry operations, including fuel supply, transmission, pipelines, trading, and bidding/dispatch functions.
▪ Well-developed knowledge of hedging and trading techniques.
▪ Well-developed understanding of options theory, including valuation techniques of standard and exotic options.
▪ General understanding of risk measurement techniques such as VaR.
▪ The Director, ERCOT Trading will have a working knowledge of finance, accounting, production, operations, and public policy issues facing the ERCOT market. He will be a team player and share information frequently with Originators, Portfolio Managers and Analysts, and Operations personnel.
▪ He/she will be accountable for delivering positive financial results from the use of the company's capital. In the process of trading, there will be a wide range of activities involved in market analysis, including scanning for trading opportunities, deciding how much capital to allocate to specific trades, developing optimal trade execution strategies, and managing the risks of trades.
▪ The Director, ERCOT Trading operates in a fast-paced dynamic commodity market environment, where there are often time constraints and time sensitive deadlines. He/she must consider the potential trades over several different time horizons and the interrelations and connectivity between several disparate factors, such a wind forecasts, coal pricing, natural gas basis, volatility, transmission availability, and market rules.
▪ The Director ERCOT Trading will have a broad network of internal and external resources, and will gather information relevant to the execution of the trading strategies. He/she also will:
▪ Execute hedges at the request of CPM or LPMs

Education /Experience
▪ Bachelor's Degree in business, scientific or other technical/quantitative field. Masters degree or MBA preferred .
▪ Five to ten years experience in the energy trading business with at least five years experience in the ERCOT market.


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Manager, Short Term Trading – Northeast
Req.# 1559
Purpose: The Manager Short Term Trading NE is responsible for creating value through analyzing and understanding the ISO-NE market in the nearby two months, predicting its behavior, placing trades with predetermined exit and stop levels, monitoring the market and executing risk management actions, and evaluating the results.
Reports to: Director, Power Trading, New England/New York
Location: Houston, TX

Job Functions
Requirements:
The Manager, Short Term Trading NE must have the following technical/ specialized skills:
▪ Broad understanding of the characteristics, drivers, and key elements of the ISO-NE and adjacent markets.
▪ General knowledge of hedging and trading techniques.
▪ General understanding of options theory, including valuation techniques of standard and exotic options.
▪ General understanding of risk measurement techniques such as VaR.
▪ The Manager, Short-Term Trading NE will have a working knowledge of finance, accounting, production, operations, and public policy issues facing the ERCOT market. He will be a team player and share information frequently with Originators, Portfolio Managers and Analysts, and Operations personnel.
▪ He/she will be accountable for delivering positive financial results from the use of the company’s capital. In the process of trading, there will be a wide range of activities involved in market analysis, including scanning for trading opportunities, deciding how much capital to allocate to specific trades, developing optimal trade execution strategies, and managing the risks of trades.
▪ The Manager, Short-Term Trading NE operates in a fast-paced dynamic commodity market environment, where there are often time constraints and time sensitive deadlines. He/she must consider the potential trades over several different time horizons and the interrelations and connectivity between several disparate factors, such a wind forecasts, coal pricing, natural gas basis, volatility, transmission availability, and market rules.
▪ The Manager, Short-Term Trading NE will have a broad network of internal and external resources, and will gather information relevant to the execution of the trading strategies. He/she also will:
▪ Execute short-term hedges at the request of CPM or LPMs
▪ Work closely with the Director, Term Trading NE/NY


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Director PJM Trading
Req. #1537
Purpose: The position of Director, PJM Trading develops and executes trading Strategies in power and natural gas markets with an emphasis on proprietary trading, also executes, as required, natural gas financial hedges for the Company's LNG, Generation, and Retail businesses.
Reports to: Vice President, Trading
Location: Houston, TX

Job Functions
Essential Functions
▪ Routinely trades power forwards, heat rate spark spread or power basis products, NG futures, options and swaps on exchanges and look-alikes in the OTC markets relating to the PJM power markets to which the company has exposure.
▪ Analyzes PJM markets and develops and executes proprietary trading strategies
▪ Provides market assessments to assist CPM and LPMs in developing long term hedging strategies.
▪ Provides periodic presentations to management with regard to strategy and financial performance.

Education /Experience
▪ Bachelor degree (technical, economics, finance, or accounting) and 5 years trading experience
▪ Demonstrated knowledge in all aspects of financial power trading
▪ Thorough understanding of North American power and gas markets, including, but not limited to, supply and demand, logistics, regulations and operations
▪ Strong understanding of derivative financial trading products, including swaps, futures and options.


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TO APPLY:
IPR-GDF SUEZ North America encourages individuals to apply for open positions using the Apply Online button below.

►Apply Online: http://www.gdfsuezna.com/careers/postings.shtml .

However, if you are unable to complete your application on-line you may mail your resume to our address: IPR-GDF SUEZ North America, Attn: Human Resources, 1990 Post Oak Boulevard, Houston, TX 77056.
 
PS, I actually managed to help a client of mine (who came to me as a prominent equity pairs trader for Don Bright's Group in Vancouver) get of all things, a power trading job in Vancouver.

He originally came to me wanting to learn about futures spread trading and arbitrage, which of course he did. Well, one thing led to the other...

Amazing how life works out.
 
Quote from deltastrike:

Damnit Bone, now you're just bragging!
More...

Well, the client had an acquantance working in the support staff admin at the company that hired him - I only deserve an assist; but it is a great story.

My clients really do love me :D !!

The retail punters think I'm a scam.

Half of my current clients are CTA's and a HF.
 
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