Energy Trading Specialist
1 week ago
Role Overview
We are seeking an experienced Energy Trading Specialist to join our team at Paritas Recruitment. This is an exciting opportunity to drive the growth of our company in the power trading markets.
Main Responsibilities
- Execute proprietary trades for prompt-to-term financial power products, focusing on markets within the PJM, MISO, NYISO, and ISO-NE regions.
- Conduct comprehensive market analysis and fundamental research related to the Eastern Interconnect power and gas markets.
- Collaborate with other traders and desk members to share insights and market intelligence.
- Partner with Origination teams to price and manage structured deals as needed.
- Work closely with Compliance, Risk, and Credit teams to ensure adherence to governance and control standards.
Requirements
- A degree in Economics, Business, Engineering, Statistics, or Mathematics from a leading institution.
- 5+ years of experience in both physical and financial power trading, with strong knowledge of the Eastern Interconnect.
- Expertise in trading heat rates, locational spreads, and time spreads.
- Experience with option trading is a plus.
- Deep understanding of market rules, tariffs, and RTO/ISO regulations in the Eastern Interconnect.
- Solid Risk Management skills and the ability to perform under pressure in a fast-paced environment.
What We Offer
- A competitive base salary and one of the best incentive plans in the industry, reflecting our self-funded, performance-driven approach.
- Comprehensive benefits package.
- A vibrant, collaborative work environment based in Houston, TX, or at our new Calgary office.
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