Real Time Trader

Capital Power Corporation; Calgary; On-site; CAD 70,000 - 110,000; Full time

Job summary

An established industry player is seeking a motivated Real Time Trader to join its dynamic Trading team. This role involves executing short-term trading strategies and managing a portfolio of power assets to maximize value. You'll be at the forefront of market analysis, making critical decisions in a fast-paced environment while ensuring compliance with regulatory standards. With a commitment to innovation and sustainability, this company offers a collaborative atmosphere where your contributions will drive meaningful change in the energy sector. If you're ready to make a significant impact and grow your career, this opportunity is for you.

Benefits

Flexible benefits and wellbeing program

Comprehensive onboarding and training

Development opportunities

$1000 Referral Reward

Qualifications

• Education equivalency may be considered.
• Some experience on a real time desk or with power will be an asset.

Responsibilities

• Implement strategic decisions regarding power asset dispatch and trading strategies.
• Monitor and react to changing market conditions in real time.

Skills

Decision Making

Analytical Skills

Market Analysis

Risk Management

Communication

Education

Undergraduate degree in Finance, Economics, Engineering, Statistics, Marketing or Mathematics

Graduate degree or industry-related supplementary designation (ERP, CFA, PRM, FRM, MBA)

Tools

Microsoft Office

VBA/Coding

Job description

Capital 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 to power a lower-carbon future. 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!

One Permanent Full Time Position.

Capital Power Corporation is currently seeking an innovative and motivated individual to join our Trading team.

Reporting to the Manager, Alberta Power Trading, the Real Time Trader is accountable for the performance and execution of the short term portfolio strategy and proprietary trading (current hour to same day) in context of the Capital Power generation portfolio including asset dispatch, physical and financial trading, and other asset and non-asset based operational support.

The role is on the 24/7 RT Trading desk and is a shift work role that comprises of both 12-hour days and nights.

You will contribute to our team by

• Implements strategic decisions regarding the dispatch of approximately 1,500MW of power assets and trading strategies that result in the maximum value to Capital Power.
• Monitor, report and react in real time to changing market conditions and document and disseminate information as the need arises.
• Generate incremental speculative trading revenues and reduce commodity price risk via trading outright positions and asset dispatch.
• Provides input to the Commodity Portfolio Management plans and directions, ensures and appropriate understanding of the Capital Power and Commodity Portfolio Management (CPM) strategy throughout the commodity portfolio and ensures ongoing effective positioning and appropriate relationships between the Trading group and other positions in Commodity Portfolio Management and in the rest of Capital Power.
• Ensures compliance to policies, standards, regulatory requirements and ensures mitigation of commodity price risks within real time.
• Provides expert quantitative and fundamental analysis of Alberta and adjacent power markets, location basis, transmission infrastructure, spreads, weather, and all other factors that influence Alberta and adjacent market power prices.
• Execution of strategic and tactical asset pricing and import/export and financial trading decisions.
• Formulates short term strategy and provides insight across the organization into the Alberta and adjacent power markets.
• Makes asset pricing decisions for the Company as well as on behalf of Company’s partners.
• Carries out short term power exposure management across the portfolio and acts strategically to handle this exposure.
• Acts on analysis to conduct trades or asset pricing decisions.
• Negotiates trades in Alberta and adjacent power markets and maintains and improves customer relationships.
• Acts proactively to preserve and improve the value of Capital Power’s power exposure while reducing risk.
• Actively monitors all power exposures and trading activity and communication thereof.
• Abides by and actively monitors and provides input into all applicable risk, credit limits, policies and procedures.
• Ensures compliance with external regulatory and other agencies and works proactively to minimize compliance mishaps.
• Maintains and initiates new customers/counterparties and products to contribute in the management of the real time and medium term positions.
• Maintains customer relationships across Alberta and in adjacent power markets.

What you will bring to the role

Education

• Undergraduate degree in Finance, Economics, Engineering, Statistics, Marketing or Mathematics is preferred. Graduate degree or industry-related supplementary designation (ERP, CFA, PRM, FRM, MBA, other) would be considered an asset.
• Education equivalency may be considered

Experience:

• Some experience on a real time desk or with power will be an asset. Understanding of relevant physical market characteristics for both decision making and information translation and transfer purposes.

Technical Skills:

• Ability to make decisions with incomplete information and work under tight time constraints in a fast paced environment.
• Ability to translate knowledge into decisions and strategy to be implemented and articulation of such activity.
• Proficient use of Microsoft Office products is required and VBA/Coding skills would be considered an asset.
• You must possess a willingness to become fully knowledgeable in operations (scheduling, dispatching, physical gas trading, and settlement) in the Western power and gas markets.
• A business oriented person who is analytically inclined, comfortable working in a multi-disciplinary team environment, and able to make decisions based on current market information.

Working Conditions:

• The role is on the 24/7 RT Trading desk. It is a shift work role that comprises of both 12-hour days and nights, working 4 days on with 6-7 days off.

In order to be considered for this role you must be legally eligible to work in Canada.

Clearance of Credit check is required for this position.

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 offer a highly flexible benefits and wellbeing program, comprehensive onboarding and training, and various development opportunities to support your success and personal growth.

How To Apply and Next Steps

Capital 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.

About Us

Are you passionate about innovation? Driven by sustainability? Ready to make a difference? Capital Power’s team of experts and innovators are committed to researching, developing, and investing in leading-edge solutions to power a low-carbon energy future. We’re excited to grow our team with creative thinkers, problem-solvers and all-around diverse candidates. Join us in achieving our goal of being net carbon neutral by 2045 and shaping a world with equity, caring, balance and collaboration.