Associate Trader

Brookfield Renewable Partners L.P.; New York (NY); On-site; USD 120,000 - 135,000; Full time

Job summary

A leading company in renewable energy is seeking an Associate Trader to manage positions in a diverse portfolio. The role involves developing hedging strategies, optimizing assets, and providing analytical insights to enhance business performance. Ideal candidates will have trading experience and strong analytical skills, contributing to the company's mission of sustainable energy.

Qualifications

• 3 to 5 years of trading experience in power markets or RECs.
• Strong attention to detail and ability to synthesize complex ideas.

Responsibilities

• Manage positions in a wind, solar, and battery portfolio.
• Develop and execute asset optimization strategies.
• Monitor energy markets and maintain understanding of supply/demand dynamics.

Skills

Trading

Analytical Skills

Communication

Education

Bachelor's Degree

Master's Degree

Job description

Brookfield Renewable, and its platform company TerraForm Power, attract high-performing individuals who are driven to make an impact in a fast-paced and collaborative environment. We offer unparalleled opportunities to lead and manage one of the largest renewable energy businesses with decades of history, while contributing to the global need for sustainable energy.

Reporting to the Director, Trading, the Associate Trader is responsible for managing positions in a wind, solar and battery portfolio. The Associate Trader will lead in hedging strategies, including day-ahead trading, transmission, and financial swaps, from market analysis to recommendation to execution.

The Associate Trader must have knowledge of scheduling and optimizing renewable energy assets, understanding of trading risk management, and ability to use tools for energy scheduling and business unit reporting.

Key Responsibilities :

Energy Markets & Asset Optimization :

• Monitor physical and financial energy markets to maintain a deep understanding of supply / demand dynamics, price movements, regulatory developments, and market behavior.
• Develop and execute asset optimization strategies across renewable generation, contracts, and transmission positions, aligning with market rules and company goals.
• Participate in FTR / CRR / TCC trading strategies to manage congestion and basis risk effectively.
• Asset scheduling in various ISO and fulfillment of market-based contractual obligations.
• Assist in and lead the development and maintenance of energy market tools, including price forecasting models, solar / wind forecasting, product valuation models, and portfolio optimization frameworks.
• Research and reconcile discrepancies across industry data sources, forecasts, and actual outcomes to improve model accuracy.

Business Performance & Reporting :

• Under guidance of Director of Trading develop and execute asset optimization strategies, market models and analytical tools as necessary.
• Support business decision-making through executive reporting and data-driven insights.
• Help implement new business processes as needed to improve operational efficiency and analytical capabilities across the trading desk.
• Coordinate with Asset Management and other teams to deliver performance reporting and asset value insights.

Qualifications

• Prior Trading experience of 3 to 5 years in power markets and / or RECs at IPP's Banks, Trading Firms, Utilities
• Minimum bachelor's degrees and master's degrees are preferred; Preferred concertation : engineering, business / economics or Mathematics or statistics
• Understanding RECs registration and transfers etc. in ISO portals like WREGIS, GATS, GIS etc.
• Able to meet multiple objectives in a dynamic, fast-paced, team environment
• Strong attention to detail and ability to synthesize and conceptualize complex ideas
• Excellent written and oral communication skills
• General knowledge of electric power generation and transmission systems

Salary range : $120,000 - $135,000; bonus eligible

Equal Opportunity Employer

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