Sr. Energy Trader

Capital Power; Calgary; On-site; CAD 90,000 - 130,000; Full time

Job summary

A leading energy company is seeking a Senior Energy Trader in Calgary, Alberta to manage its AESO power portfolio efficiently. This role offers an opportunity to contribute directly towards the financial performance of a multi-million dollar portfolio while working in a dynamic and supportive environment. Candidates should possess strong analytical skills, relevant educational backgrounds, and extensive experience in financial and trading markets. The position emphasizes both strategic portfolio management and hands-on trade execution, making it ideal for seasoned professionals in the field.

Benefits

Flexible employee benefits

Career development programs

Paid time off programs

Qualifications

• Minimum of 5 years of transactional and analytical experience, ideally closer to 10 years.
• Full proficiency with Excel and familiarity with Python, R, SQL.
• Ability to communicate effectively and optimize portfolio strategies.

Responsibilities

• Manage the AESO power and transmission portfolio outputs from next day to 5 years forward.
• Deliver $500-$800M in annual AESO portfolio EBITDA.
• Update and maintain AESO fundamental models to forecast power prices.

Skills

Analytical skills

Trading Execution

Portfolio Management

Communication

Education

Bachelor's degree in engineering, economics, computer science, finance or mathematics

CFA, FRM or other financial designation

Tools

Excel

Python

R

SQL

Snowflake

Data Bricks

Job description

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To apply on this position please go to http://www.capitalpower.com/careers and search for JR806370

A little about Capital Power

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

This role is to focus on forward managing of Capital Power’s AESO power and transmission portfolio exposures from next day through to 5-years forward.

This is a key position that requires a firm understanding of AESO and surrounding region power market fundamentals and the ability to translate these fundamentals into portfolio strategy and ultimately trade execution to deliver the highest risk-adjusted return possible.

You will contribute to our team by:

• Work towards delivering $500-$800M of annual AESO portfolio EBITDA, including incremental trading targets that range from $15M to $30M/year
• Updating, running and maintaining AESO fundamental models to forecast power prices and positions
• Creating and recommend portfolio strategy and positioning for the next ~18-months
• Pricing of Origination deals
• Executing the Long-Term Hedging Plan across the 2-10-year+ horizon
• Aligning with our gas trading and related strategy to ensure optimal spark spread hedge value is delivered
• Interfacing with the Real-Time desk/manager on asset operations and short-term strategies
• Optimizing our long-term transmission assets into Mid-C through trading Mid-C markets and creating trading value through-time.
• Creating and trade Ancillary Services strategies
• Running daily P&L models
• Proactively communicating market and portfolio changes to leadership
• Providing input into regulatory files such as AESO market redesign

What you will bring to the role:

Education:

• Minimum a bachelor's degree in engineering, economics, computer science, finance and / or mathematics
• Preference towards CFA, FRM or other financial designation holders

Experience:

• Ideally a minimum of 5-years of transactional and analytical experience, ideally closer to 10-years

Technical Skills:

• Full proficiency with Excel
• Preference towards individuals who have competency with data and coding, specifically working knowledge of Python, R, SQL, snowflake, data bricks and otherwise

Working Conditions:

• 4-days a week in the office, Mon – Thurs. May require 5-days a week in the office along with some odd hours and weekend work depending on the season and what is happening in the portfolio. No travel required.

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.

We believe that creating a culture that supports employee 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.

To apply on this position please go to http://www.capitalpower.com/careers and search for JR806370

Seniority level

• Seniority level

  Mid-Senior level

Employment type

• Employment type

  Full-time

Job function

• Job function

  Finance, Other, and Accounting/Auditing

• Industries

  Utilities

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