Congestion Trader

Jobtailor

Dallas (TX)

On-site

USD 90,000 - 130,000

Full time

14 days+

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Job summary

Jobtailor in Dallas is seeking an experienced energy market analyst to model transmission systems, price congestion risk, and execute trading opportunities within FTR and related markets.

You will maintain models across PJM, ERCOT, MISO, and CAISO, analyze data, and collaborate with trading teams to support daily virtual trades and market signals. A bachelor’s degree in STEM or business is required; Dayzer/YES and SQL proficiency are a plus.

Qualifications

3 to 5 years’ experience on a FTR desk, congestion, or energy market analysis team.
Experience with transmission modeling, virtual trading and FTR auctions across multiple ISOs, PJM, ERCOT and CAISO preferred
Knowledge of wholesale markets power markets and general ISO operations
Strong understanding of transmission systems, drivers of nodal pricing changes and associated power flows
Can run, scope and interpret power flow models such as Pro-Mod, Power World and/or others
Critical thinker with a strong analytical skills capable of identifying and executing risk mitigating and revenue enhancing strategies
Experience with transmission modeling tools (Dayzer, YES, etc.)
Experience working within SQL and database structures preferred
Tableau or Power BI skills preferred
Proficient with Excel and Word

Responsibilities

Support/conduct modeling transmission systems and pricing congestion risk across Leeward’s portfolio.
Help implement and execute transactions identified as part of the LRE Congestion Plan.
Maintain congestion models and data; identify risk mitigation strategies using VTR/FTR.
Lead market intelligence across PJM, ERCOT, MISO, and CAISO.
Research, model, and price congestion fundamentals in multiple ISOs.
Validate and analyze congestion models for accuracy and completeness.
Manage/mine large data sets to identify trading opportunities and mitigate basis risk.
Perform quantitative analyses and econometric studies of energy markets.
Calibrate power flow optimization models to execute trading strategies.
Provide daily analysis of market congestion to inform daily trades and PTP transactions.
Develop and participate in the LRE Congestion Plan.
Produce nodal LMP forecasts for short- and long-term trade execution.
Collaborate with trading teams on ad-hoc sensitivity cases.
Lead congestion products auction participation and execute daily trades.
Build relationships with internal/external contacts supporting LRE model data.

Skills

Transmission Modeling

Congestion Risk Analysis

FTR Auctions

Power Flow Models

SQL Proficiency

Education

Bachelor's degree in STEM or business

Tools

Power World

Pro-Mod

Dayzer

YES

Tableau

Power BI

Excel

Job description

Support/conduct modeling transmission systems and pricing congestion risk across Leeward’s portfolio
Help implement and execute transactions developed/identified as part of the LRE Congestion Plan and identify/execute complimentary trading opportunities
Maintain congestion models and data, identify and execute risk mitigation strategies using Virtual and FTR/TCC/CRRs
Lead market intelligence efforts across PJM, ERCOT, MISO, and CAISO
Research, model, and price congestion fundamentals (sources and sinks) in multiple ISOs
Validate and analyze congestion models for accuracy and completeness
Manage/mine large data sets to identify, price and execute trading opportunities that mitigate basis risk and enhance/protect expected revenue
Perform quantitative analyses and econometric studies of energy markets and translate wholesale market changes into strategic opportunities
In collaboration with the Transmission group and Manager of Congestion and Trading Analytics, maintain, execute, and calibrate power flow optimization models needed to execute trading strategies
Provide daily analysis of market congestion set-up to inform/execute daily virtual trades and PTP transactions
Develop, update, and participate in the execution of the LRE Congestion Plan
Produce nodal LMP forecasts across multiple ISOs for short-term and long-term trade execution
Collaborate with trading teams to run ad-hoc sensitivity cases
Ability to lead congestion products auction participation and execute trades in the daily markets
Establish and maintain working relationships with internal and external contacts that support the development of data driving the LRE models

Requirements

3 to 5 years’ experience on a FTR desk, congestion, or energy market analysis team
Experience with transmission modeling, virtual trading and FTR auctions across multiple ISOs, PJM, ERCOT and CAISO preferred
Knowledge of wholesale markets power markets and general ISO operations
Strong understanding of transmission systems, drivers of nodal pricing changes and associated power flows
Can run, scope and interpret power flow models such as Pro-Mod, Power World and/or others
Critical thinker with a strong analytical skills capable of identifying and executing risk mitigating and revenue enhancing strategies
Experience with transmission modeling tools (Dayzer, YES, etc.)
Experience working within SQL and database structures preferred
Must hold bachelor’s degree in STEM or a business discipline
Tableau or Power BI skills preferred
Proficient with Excel and Word

Core Competencies

Demonstrates expertise in transmission modeling, congestion risk analysis, and market intelligence across multiple ISOs, with a strong focus on executing trading strategies and risk mitigation. Proficient in quantitative analysis and econometric studies to identify and capitalize on market opportunities.

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