Electricity Market Trader

4 weeks ago


Canada Nexus Energy Inc. Full time

Job Title: Power Trader

Department: Financial Trading

Location: North York, ON (On-Site)

Job Type & Duration: Full-time, Permanent

Salary range: 90K to 170K (depending on experience)

Company Overview:

Nexus Energy Inc. is a privately held enterprise located in Toronto, Ontario, recognized as a prominent player in the energy trading sector, focusing on the energy markets of Eastern Canada and the Northeastern United States. Our operations also encompass retail and renewable energy credit (REC) markets.

At Nexus Energy Inc., we foster a culture that values individual contributions while emphasizing team-oriented outcomes. We are in search of a seasoned Power Trader to enhance our ongoing achievements in the energy trading landscape.

Key Responsibilities:

  • Effectively implement trading strategies grounded in solid fundamental analysis and risk management practices.
  • Support market analysis and strategy formulation across all pertinent energy sectors.
  • Contribute to the development of processes and tools.
  • Work collaboratively with fellow traders to maximize overall team profitability.

Qualifications:

  • Bachelor's degree in finance, economics, engineering, or related disciplines.
  • A minimum of 2 years of experience in energy trading, particularly within electricity markets.
  • Proven track record of profitability in the Northeast or Alberta power markets (physical, financial, or virtual).
  • Fluency in both written and spoken English.
  • In-depth understanding of various Independent System Operators (ISOs) rules, protocols, and fundamental drivers, including MISO, SPP, PJM, NYISO, ISONE, IESO, and AB.
  • Demonstrated experience trading futures on ICE and/or virtual products across different ISOs.
  • Experience in FTR/TCC analysis and trading is advantageous.
  • Proficiency in utilizing various data services and trading platforms.
  • A strong team player who actively collaborates with peers to enhance overall team profitability.

Benefits:

  • A performance-driven environment offering competitive salaries and substantial incentives.
  • Numerous opportunities for professional advancement and development.
  • Commitment to work-life balance.
  • Comprehensive employer-sponsored benefits package.
  • Registered pension plan managed by a leading Canadian financial institution.
  • Team-building activities and access to additional benefits and wellness perks.

Commitment to Inclusion:

Nexus Energy Inc. is dedicated to creating an inclusive and accessible workplace. We strive to provide equitable treatment and accommodations to ensure barrier-free employment in accordance with the Ontario Human Rights Code and the Accessibility for Ontarians with Disabilities Act (AODA). If you require accommodations due to a disability during the recruitment process, please inform us when contacted, and we will ensure your needs are addressed.

Nexus Energy Inc. is an Equal Opportunity Employer and appreciates all applicants; however, only those who meet the qualifications will be contacted for an interview.



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