Trader, West Real Time Job Details | TransAlta

TransAlta; Calgary; On-site; CAD 75,000 - 110,000; Full time

Job summary

TransAlta is seeking a Trader for its West Real-Time Trading Desk in Calgary. The Trader will be responsible for developing and executing financial and physical trading strategies across North America, ensuring compliance and optimizing energy assets while managing risks. This full-time in-office role includes a rotating schedule.

Benefits

Comprehensive and flexible benefits

Competitive compensation

Annual incentives

Rewards program

Qualifications

• Knowledge of energy markets with a focus on Western markets.
• Ability to quickly mitigate risks while ensuring compliance.
• Demonstrated understanding of energy derivatives.

Responsibilities

• Develop and implement trading strategies for energy markets.
• Manage and mitigate enterprise risk.
• Dynamically optimize corporate positions and relationships with customers.

Skills

Financial risk measures

Energy market fundamentals

Decision making

Compliance enforcement

Asset optimization

Education

University degree in Commerce, Economics, Computer Science, or Engineering

Job description

Trader, West Real Time

WHO WE ARE

“Energizing the Future.”

TransAlta owns, operates, and develops a diverse fleet of electrical generation assets in Canada, the United States and Australia, providing municipalities, industries, and businesses with safe, low-cost, and reliable clean electricity. For over 111 years, TransAlta has been a responsible operator and proud community-member where its employees work and live. We are committed to fostering a dynamic, productive, and safe work environment. Our employees contribute to a diverse, open, and transparent culture with clear accountabilities, strong leadership, and challenging opportunities for personal career growth.For more information about TransAlta, visit our website at, www.transalta.com.

Our Commitment to Equity, Diversity, and Inclusion

It is our collective mission to ensure that every single employee feels a sense of inclusion and belonging and can show up to work as their true authentic self. TransAlta is committed to hiring a diverse workforce including women, Indigenous Peoples, persons with disabilities, members of visible minorities, and members of the LGBTQ2+ community. TransAlta believes that diversity enhances the quality of its performance, is an essential element of effective corporate governance, and cultivates a strong workplace culture.

ABOUT THE ROLE

We are currently seeking aTraderto join ourWest Real-Time Trading Desk.Reporting directly to the Supervisor, West RT Trading, the Real Time Trader is accountable for trading and scheduling energy across geographically diverse markets with multiple counterparties and ISOs throughout Central and Western North America. Traders are expected to optimize assets and corporate positions while mitigating risks and ensuring the integrity of firm contract obligations. Traders are responsible for developing and executing short-term physical and financial power strategies to ensure the overall goals, growth targets, and objectives of Energy Marketing are met.

This is a full-timein-office positionlocated at our head office in Downtown Calgary. This role follows a rotating day and night work schedule.

WHAT YOU WILL DO

• Developing, implementing, and reviewing a 3 to 12-month financial and/or physical strategy and delivering the agreed outcomes for the West Desk

• Accountable for identifying and mitigating enterprise risk associated with West RT Trading

• Asset management and leveraging asset optimization to maximize the gross margin and the value of TransAlta's energy assets while respecting risk limitations, safety, and compliance guidelines

• Managing and developing positive relationships with existing customers

• Determining areas of growth within trading parameters, including geographic, time, and fuel growth opportunities

• Dynamically optimizing corporate positions

• Understanding and maintaining strict compliance to all TransAlta's policies and procedures and applicable market regulations, rules, laws, business practices, and other guidelines

WHAT WE NEED FROM YOU

• University degree in Commerce, Economics, Computer Science, or Engineering is preferred

• Understanding of financial risk measures

• Energy derivative understanding

• Understanding of Energy Market Fundamentals

• Ability to make decisions quickly and mitigate risks while ensuring compliance with prescribed parameters

• Demonstrated knowledge of energy markets, with expert knowledge of Western physical and financial markets

• Ability to identify areas of growth and develop and implement plans/actions to achieve that growth

• Demonstrated knowledge of trading compliance requirements and ability to enforce these requirements within the team

• Ability to work collaboratively across the Western Energy trading team to meet growth targets, operationalize new commercial initiatives and find efficiencies across the teams while working within risk parameters

OTHER REQUIREMENTS

• Successful completion of applicable background checks is a condition of employment

WHAT WE OFFER

We offer our employees comprehensive and flexible benefits, competitive compensation, annual incentives, and a rewards program. To learn more about how we can energize your future, check out our new Employee Experience Booklet . Become part of our TransAlta team today! We look forward to reviewing your application.

Don’t meet every single requirement? Studies have shown that women and people of color are less likely to apply for a job unless they meet every single qualification. At TransAlta, we are dedicated to building an inclusive, diverse workforce where you can show up every day as your true, authentic self. So, if you’re excited about this role but your qualifications and experience don’t quite tick every box, we encourage you to apply anyways. You might just be the candidate we are looking for.