Energy Trader

Capital Power; Calgary; On-site; CAD 110,000 - 170,000; Full time

Benefits offered by this job

Referral rewards

Flexible benefits

Retirement savings

Paid time off

Relocation assistance

Job summary

Capital Power in Calgary is seeking a highly motivated trader to join the Western US Trading desk. You will dispatch and optimize assets, identify and execute speculative trading opportunities across short-term power and gas markets in WECC, CAISO, SPP, and ERCOT, and support structured transactions.

The ideal candidate has 3+ years of experience in physical power trading, proficiency with Python/SQL/R, and a solid track record in risk management.

Qualifications

• 3+ years of physical power trading experience in real time or day ahead.
• Experience moving power through WECC on transmission providers.
• Experience importing/exporting power between CAISO, SPP and WECC.
• Proficiency in Python, SQL and R for analysis and modeling.

Responsibilities

• Optimize Capital Power’s assets across WECC/CAISO trading horizons.
• Develop and support speculative power and gas trading strategies.
• Support pricing, evaluation and execution of structured deals.
• Manage counterparty relationships and risk management processes.

Skills

Python

SQL

R

Data analysis

Education

Engineering/Physics/Math/Economics/Finance degree

Job description

A little about Capital PowerCapital Power (TSX: CPX) is dedicated to Powering Change by Changing Power . This north star guides our ambitions, focus, and actions as we transform our energy system. We're a growth-oriented North American energy company headquartered in Edmonton, Alberta. Our team safely delivers, builds, and creates balanced energy solutions for customers across North America.Our people are at the core of our journey to deliver reliable, affordable, and lower-carbon power solutions. We provide purpose-driven work in a safe and inclusive environment, and we live by our North Star . With us, your contributions matter – we want you to be empowered to innovate, collaborate, and ultimately drive results. We're here to partner with you so you can learn, grow, and forge a career that's meaningful to you. Join us in powering North America!Your OpportunityOnePermanentFull TimePosition.Capital Power is seeking a highly motivated and analytical individual to join our Western US Trading team. This exciting opportunity is for a trader who will join the desk to dispatch and optimize the company’s assets, identify and execute speculative trading opportunities across short-term physical and financial power and gas markets in WECC, CAISO, SPP, and ERCOT . The candidate will also be involved in support ing the development and execution of structured transactions, long-term hedging strategies, and portfolio management initiatives.The successful candidate will have a quantitative background with a proven track record of creating and executing physical power flows across the Western U.S., financial trading strategies, and risk management strategies.Y ou will contribute to our team by :Optimizing Capital Power’s assets across the WECC/CAISO across different t rading horizons, from daily dispatch and short-term execution to developing and expressing views in the forward markets.Developing and supporting ongoing speculative power and gas trading strategies across physical and financial markets.Supporting the pricing, evaluation, and execution of structured deals, providing market intelligence, commercial feedback, and trading perspectives throughout the development and negotiation process.Managing relationships with counterparties, customers and brokers, including the negotiation of master agreements, EMAs and AMAs where applicable.Applying risk management practices to mitigate losses and ensure compliance with policies and regulations.Collaborating with Operations, Risk Management, and Finance departments to support trading activities.What you will bring to the role :Education :Degree(s) in Engineering, Physics, Math, Economics, Finance, or a related field.Experience:3+ years of experience in physical power trading in r eal time or day ahead , with experience purchasing and flowing power throughout WECC on many transmission service providers , specifically in the Western USExperience importing and exporting power between CAISO, SPP , and WECCTechnical Skills:Proven ability to analyze large datasets, develop analytical models, and draw actionable insights.Proficiency in relevant trading platforms and analytical tools, such as Python, SQL, and R.Excellent communication and interpersonal skills, with the ability to work collaboratively in a team-oriented environment .Working Conditions:This is an office-based position located in Capital Power’s Calgary office.Additional Details:This position will remain open until a suitable candidate is found.In order to be considered for this role you must be legally eligible to work in Canada.The successful candidate for this position will undergo an education verification, reference checks and criminal record check.Capital Power employees that refer a successful candidate for this position are eligible for a $1000 Referral Reward!We believe that creating a culture that supports employees’ physical, mental, financial, and social wellbeing is critical to our success. That is why we provide flexible and affordable employee benefits, retirement savings, and paid time off programs. We also provide comprehensive onboarding, training, and programs supporting your career development.Depending on the posting requirements relocation assistance may be available.How To Apply and Next StepsCapital Power only accepts resumes via online application at www.capitalpower.com/careers . If you choose to submit your resume by any other means, we cannot guarantee that your application will be considered for vacancies.Applicants with disabilities who require a reasonable accommodation to complete their application can request accessible formats, communication support, or other accessibility assistance by contacting [e-mail] .Capital Power is committed to providing a fair and transparent hiring process. We recognize and embrace the value of diversity and hire employees with the appropriate skills, experience and knowledge for each position.Thank you for taking the time to apply and expressing interest in powering a sustainable future with Capital Power! We wish that we could personally respond to everyone who applies; however, it is our practice to contact only those individuals selected for interviews.