Tech Stack

Description

You will develop and execute CRR, FTR, and congestion trading strategies to hedge and optimize portfolio congestion risk across ERCOT, CAISO, and PJM, while analyzing congestion patterns, managing nodal risk, and collaborating with cross-functional teams to align trading with commercial goals.

Requirements

• Bachelor's degree in Engineering, Economics, Finance, or related field
• 6-10 years of power market experience with at least 2+ years in CRR, FTR, nodal, or virtual trading
• Experience with ERCOT, CAISO, and PJM markets
• Proficiency in programming tools such as Python, R, SQL, and Power BI
• Strong analytical, modeling, and risk management skills

Responsibilities

• Develop and execute CRR, FTR, and congestion trading strategies across ERCOT, CAISO, and PJM
• Analyze historical and forecasted congestion patterns to identify trading opportunities in monthly and annual CRR auctions
• Manage portfolio-level exposure to nodal price risk through CRR/FTR acquisitions, sales, and virtual positions
• Utilize power flow and production cost modeling software (Dayzer, PROMOD) to forecast congestion and simulate transmission constraints
• Develop portfolio risk limits and maintain risk metrics accounting for cross-market correlations