Trading Management Engineer | MGEN

MGen; Manila; On-site; PHP 1,200,000 - 1,800,000; Full time

Job summary

MGEN is seeking a Trading Management Engineer/Analyst to drive day-ahead and day-after trading activities, prepare market submissions, and identify process improvements. You’ll analyze market dynamics, support revenue optimization, and ensure compliance across energy transactions and contracts.

Responsibilities cover coordinating with stakeholders, preparing inputs for NMMS, AS Web System, and Reserve Market, and developing bids and nominations.

Qualifications

• Bachelor's degree in engineering, math, economics, or related field.
• Professional Engineering License or equivalent certification.
• 3+ years as Energy Trader or Trading Analyst with WESM experience, or 5+ years in electric power with regulatory knowledge.
• Advanced spreadsheet and programming skills.
• Experience with Plexos, I-Pool, PSSE, R, Python, Matlab.

Responsibilities

• Prepare day-ahead inputs to NMMS, CRSS, and other MGP trading platforms.
• Coordinate day-ahead and day-after operational concerns with internal and external stakeholders.
• Analyze D+1 and D-1 market dynamics and update operational plans.
• Prepare daily internal market summary reports.
• Prepare day-ahead inputs to AS Web System and Reserve Market Platform.
• Coordinate with internal and external stakeholders regarding reserve operations.
• Prepare daily reserve market reports.
• Monitor compliance with WESM rules.
• Coordinate implementation of MGP contracts.
• Create market bids, offers, customer nominations, and ancillary service nominations.

Skills

Advanced spreadsheet skills

Programming skills

Education

Bachelor's degree in Engineering, Mathematics, Economics, or related fields

Tools

Plexos

I-Pool

PSSE

R

Python

Matlab

Job description

The Trading Management Engineer/Analyst is responsible for:

• Preparing and creating operational plans and protocols
• Analyzing day-ahead and day-after trading transactions
• Preparing market compliance submissions
• Recommending process improvement initiatives
• Providing data-driven analysis of market events
• Supporting revenue optimization and process improvements through technical, regulatory, and commercial expertise in the power industry
• Ancillary Services and Reserve Market
• Market Operations Compliance
• Energy and Ancillary Services Agreements Compliance
• Market Evaluation and Surveillance
• Commercial Operations of Conventional Technology
• Commercial Operations of Renewable and Emerging Technologies

Major Responsibilities

• Prepare day-ahead inputs to NMMS, CRSS, and other MGP trading platforms.
• Coordinate day-ahead and day-after operational concerns with internal and external stakeholders.
• Analyze D+1 and D-1 market dynamics and update operational plans.
• Prepare daily internal market summary reports.

Ancillary Services and Reserve Market

• Prepare day-ahead inputs to AS Web System and Reserve Market Platform.
• Coordinate with internal and external stakeholders regarding reserve operations.
• Prepare daily reserve market reports.

Market Operations Compliance

• Monitor compliance with WESM rules.
• Coordinate with stakeholders for compliance requirements.
• Upload submissions to CPEMS.

Contract Compliance

• Monitor compliance with Power Supply Agreements, RES contracts, and Ancillary Services Agreements.
• Coordinate implementation of MGP contracts.
• Create market bids, offers, customer nominations, and ancillary service nominations.
• Recommend optimization plans for Energy Trading operations.

Market Evaluation and Surveillance

• Analyze market events using technical and commercial tools.
• Monitor competitor bids and offers in energy and reserve markets.

Conventional Technology Commercial Operations

• Conduct studies on commercial capabilities of coal, diesel, and other conventional generation technologies.

Renewable & Emerging Technology Commercial Operations

• Conduct studies on solar, wind, battery, and other emerging technologies, focusing on real-time electricity trading opportunities.

Qualifications

• Bachelor's degree in Engineering, Mathematics, Economics, or related fields
• Professional Engineering License or equivalent certification
• Either:
  • At least 3 years as an Energy Trader or Trading Analyst with WESM Market Management System experience, or
  • At least 5 years in the Electric Power Industry with knowledge of EPIRA, Philippine Grid and Distribution Code, WESM Rules, ERC regulations, and Renewable Energy Act
• Advanced spreadsheet and programming skills
• Experience with analytical tools such as:
  • Plexos
  • I-Pool
  • PSSE
  • R
  • Python
  • Matlab

MGEN is always looking for enthusiastic individuals who seek to create a reliable, affordable, and sustainable energy future for the country.

If you'd like to be part of a vibrant and dynamic workplace not only to grow but to create a positive impact, check out our job openings below.

We look forward to Powering a Better Tomorrow with you!