Senior Power Trader – Asset Management

McGill St Laurent; Canada; Remote; CAD 80,000 - 150,000; Full time

Job summary

An innovative company is seeking a seasoned professional to optimize renewable energy assets in deregulated power markets. This role offers the chance to leverage deep market expertise and cutting-edge technology to enhance clients' profitability while navigating the complexities of energy trading. Join a dynamic team that values initiative and creativity, where you will actively manage diverse energy resources, formulate effective trading strategies, and communicate insights to stakeholders. If you're passionate about renewable energy and eager to make a significant impact in a startup-like environment, this opportunity is perfect for you.

Benefits

Entrepreneurial company culture

Performance-based compensation

Flexible insurance plan

Vacation policy from start date

Remote work options

Qualifications

• 10+ years of experience managing portfolio risk in deregulated power markets.
• Strong programming skills in Python and SQL are essential.

Responsibilities

• Manage solar, wind, and battery resources to optimize client P&L.
• Develop trading strategies and evaluate recommendations from the analysis team.

Skills

Asset Management

Trading Strategy Formulation

Python Programming

SQL

Communication Skills

Project Management

Education

Bachelor's degree in business, actuary, finance, engineering, or related field

Tools

Data Analytics Tools

Job description

CWP Energy Solutions delivers value to renewable power generators by de-risking their business and stabilizing their returns. Using cutting-edge technology, proprietary data and deep power markets expertise, our data-driven platform gives our partners the tools and intelligence to optimize the sale and purchase of their electricity while managing risks from growing grid intermittency. We partner with renewable energy generators across North America operating in deregulated power markets—along with bitcoin miners and data centers—to maximize the returns on solar, wind, and battery storage investments and reduce power procurement costs.

We are proud of our entrepreneurial approach that encourages initiative, experimentation and risk taking. This role is a great opportunity for an individual who wants to create value in an organization that has limited red tape and join a team that operates in a startup-like environment.

Key responsibilities

• Actively manage solar, wind, and battery resources to optimize our client’s P&L in deregulated power markets.
• Formulate trading strategies for customer assets and provide fundamental backing for strategy derivation.
• Evaluate recommendations provided by the analysis team to formulate effective trading strategies.
• Ensure trade strategies meet the client’s portfolio objectives and the risk parameters.
• Work with the power analysts to develop forecasts and market assessments to support decision-making.
• Design and optimize data models and analytics to extract actionable insights from power markets.
• Leverage your asset management and market expertise to act as the subject-matter expert in sales meetings and answer technical questions about our solutions.
• Prepare and present reports, forecasts, and recommendations to internal and external stakeholders.
• Stay updated with industry trends, regulatory changes, and emerging technologies to ensure optimal decision-making and develop innovative strategies.
• Develop presentations and reports to comprehensively and accurately share findings with clients on complex matters.

Qualifications

• Bachelor's degree in business, actuary, finance, engineering, or related field.
• 10+ years of experience utilizing Day Ahead Asset Bid and Offer Strategy, Virtuals, FTRs and other financial instruments to manage portfolio risk in PJM, SPP, NYISO, ERCOT and/or MISO.
• Strong programming skills in Python and SQL.
• Strong communication skills – ability to explain and synthesize complex concepts to both technical and non-technical audiences.
• Ability to contextualize and provide fundamental backing for strategy derivation in a clear manner.
• Ability to write technical and commercial reports to convey information in a clear and concise manner.
• Ability to manage multiple projects at a time and to approach tasks with a customer-centric mindset.
• Excellent written and spoken English skills. French is an asset.
• A strong desire to help grow the CWP Energy Solutions business.

What we offer:

• An entrepreneurial result-driven company culture.
• Highly competitive performance-based compensation.
• An insurance plan that you can choose.
• A vacation policy from your start date.
• Remote work.