Day-Ahead Trader ISO

TXU Retail Services Company; United States; On-site; USD 90,000 - 150,000; Full time

Job summary

Luminant Energy Company LLC seeks a detailed asset management professional to oversee PJM physical and financial positions, including DA/RT trading and ancillary services for generation assets. Location is Irving, TX, with a focus on optimizing cash month outcomes.

The role requires 2–5 years in asset management or market analytics, strong Excel modeling, and solid knowledge of power and fuel markets. A fast-paced, collaborative environment is expected, with emphasis on delivering timely,

Qualifications

• 2–5 years’ experience in Commercial Asset Management, Trading, or Market Analytics.
• Proficient in Excel, Word and PowerPoint; able to build complex models.
• Strong analytical and quantitative skills and knowledge of power and fuel markets.
• Able to work in a fast-paced, collaborative environment and deliver key results.

Responsibilities

• Develop Day Ahead and Real Time submissions for PJM assets and Retail DA bids.
• Schedule all physical power trades and coordinate gas purchases.
• Support outage/testing schedules for the PJM fleet with operations.
• Provide SME input on PJM market rules and regulatory changes.
• Direct analytic projects to maximize PJM asset value and optimize P&L.

Skills

Asset Management

Trading

Market Analytics

Education

High school diploma or equivalent

Tools

Microsoft Excel

Microsoft Word

PowerPoint

Job description

Job Summary

Responsible for managing all aspects of PJM physical and financial positions for the cash month including DA and RT energy and ancillary service bidding for all PJM generation assets and wholesale and retail load.

Job Family: Trading Company Luminant Energy Company LLC

Location: Irving, Texas, Texas

Key Accountabilities

• Development of all Day Ahead and Real Time submissions for PJM assets, submittal of Retail DA bids in compliance with all FERC, PJM and internal policies and procedures
• Schedule all physical power trades
• Coordinate gas purchases with fuels team and assist in managing imbalance
• Coordinate coal inventory with Sold Fuel team
• Coordinate with Operations to develop and optimize outage and testing schedules for the PJM fleet
• Provide thought leadership on operational and financial improvements within Asset Management
• SME on all PJM market rules
• Follow and provide SME input to Regulatory on changes to PJM Market Rules
• Serves as a resource for Adapt2 market submissions systems including development and maintenance
• Direct other analytical projects and studies as necessary to maximize the value of the PJM assets
• Responsible for scheduling all physical power trades and other associated tasks
• Assist in directing RT dispatch team on real time optimization of assets
• Provide input to cash month P&L and analyze for adjustments to strategy
• Provide input into DSO modeling for assets

Education, Experience, & Skill Requirements

• 2-5 years’ experience in Commercial Asset Management, Trading, or Market Analytics
• Highly proficient in full complement of Microsoft Office products like Word and PowerPoint, and most importantly Excel (experienced in the creation and use of complex Excel-based models)
• Must be able to work in an active, fast-paced, and open environment that is frequently noisy
• Excellent analytical and quantitative skills
• Knowledgeable of power and fuel markets
• Demonstrated project management skills with the ability to guide and influence diverse project teams
• Strong self-starter and taker of initiative with a demonstrable history of focused/timely successful completion/execution of key deliverables
• Excellent interpersonal and communication (both oral and written) skills
• Ability to work productively and constructively in a collaborative team environment
• General understanding of power plant operations, both coal and gas‑fired plants
• High school diploma or equivalent
• Experience gained through college degree programs and/or certifications is applicable to above skills

Key Metrics

• Achieve optimized risk and hedge portfolio

Equity Statement

It is the policy of the Company to comply with all employment laws and to afford equal employment opportunity to individuals in all aspects of employment, including in selection for job opportunities, without regard to race, color, religion, sex, sexual orientation, gender identity, pregnancy, national origin, age, disability, genetic information, military service, protected veteran status, or any other consideration protected by federal, state or local laws. If you are an individual with a disability and need assistance submitting an application or would like to request an accommodation, please email us at [e-mail] to make a request.