Energy Power Trader- NorthStar Clean Energy- Remote

-; Ann Arbor (MI); Remote; USD 80,000 - 120,000; Full time

Job summary

Join a forward-thinking company that is committed to decarbonizing the economy through innovative clean energy solutions. As a Senior Energy Commodities Trader, you will play a crucial role in buying and selling energy commodities, analyzing market data, and developing procurement strategies. This position offers the flexibility of remote work while also allowing for collaboration at the Corporate Headquarters. With a strong focus on career development and a culture of inclusivity, this role provides an exciting opportunity to contribute to a sustainable future while enjoying competitive compensation and excellent benefits.

Benefits

Medical, Dental, and Vision Insurance

401k with Company Match

Paid Parental Leave

Paid Time Off

Educational Assistance Program

Up to 13 Paid Holidays

Qualifications

• 5+ years of trading experience in energy commodities.
• Strong knowledge of electric power operating models and trading techniques.

Responsibilities

• Generate commodity market reports and forecast trends.
• Develop and manage a portfolio of electric products.

Skills

Commodity Market Analysis

Trading Strategies

Communication Skills

Market Research

Microsoft Office

Hedging Techniques

Electric Power Operating Models

Education

Bachelor's Degree in Accounting

Bachelor's Degree in Finance

Bachelor's Degree in Economics

Bachelor's Degree in Business

Tools

Adobe Suite

Job description

NorthStar Clean Energy decarbonizes the economy by providing clean energy and carbon management solutions to utility, municipal, commercial, and industrial customers, enabling them to meet their sustainability and business goals. Additionally, we own and operate natural gas assets throughout the United States. To learn more about NorthStar Clean Energy, please visit www.northstarcleanenergy.com.

This position is with NorthStar Clean Energy, a CMS Energy company, and is not a position of employment with Consumers Energy.

The Sr Energy Commodities Trader is responsible for buying/selling, researching, and transaction operations for energy commodities in ISO and over-the-counter markets. They will market and sell energy products by monitoring market movements and trading environment; analyzing economic, industry, and company data; developing quantitative research models and tools; and executing financial trade transactions and managing post-trade processing. They will develop and implement procurement plans and strategies by researching micro and macro fundamentals related to energy commodities. They will also purchase commodities in accordance with approved buying programs, using trade judgment in implementation and/or the established procurement policy.

This position can be remote with the possibility of travel to the Corporate Headquarters as needed. This position is not available to residents of California, Colorado, Illinois, Maine, Massachusetts, or New York.

Duties & Responsibilities:

1. Generate commodity market reports for management and forecast market trends
2. Maintain rapport with key accounts by making periodic visits; exploring specific needs; anticipating new opportunities.
3. Develop and maintain Day Ahead and Real Time offers and bids in ISO markets
4. Develop and manage a portfolio of electric products, including energy, capacity, ancillary services, transmission, and other products
5. Attend market meetings and communicate with market regulators to ensure compliance with existing and emerging regulations and structural market changes
6. Serve as a liaison for third parties and managers on client inquiries related to the commodity market
7. Review analytical reports and forecast commodity market trends
8. Identify investment opportunities within the electric commodity markets
9. Track product line sales and costs by analyzing and entering sales, expense, and new business data
10. Perform other duties as assigned or necessary

Knowledge/Skills/Abilities:

• Knowledge of marketing principles, such as web advertising, performance, and direct response marketing.
• Knowledge of business and management principles involved in strategic planning, resource allocation, leadership techniques, production methods, and coordination of people and resources.
• Ability to convey complex information to non-technical audiences.
• Excellent communication skills, both written and verbal.
• Proficiency in computer programs such as Microsoft Office, Adobe Suite, and publishing applications.
• Knowledge of Electric Power operating models.
• Knowledge of hedging and trading techniques for ERCOT.
• Understanding of physical and financial products for executing trading strategies and hedging.
• Knowledge of RECs and other environmental attributes.

Position Requirements:

• Bachelor's Degree in Accounting, Finance, Economics, or Business.
• 5+ years trading experience.
• ERCOT and/or PJM market trading experience preferred.

Why should you join our team?

At NorthStar Clean Energy, we offer more than just a place to work. We foster a culture that supports career development, growth, and stability. We take pride in offering our co-workers excellent benefits and compensation packages. We are creating an inclusive culture that makes our diverse team feel valued, supported, and empowered every day. We are united in our purpose: world-class performance delivering hometown service.

What we offer:

• Competitive compensation packages
• Medical, Dental, and Vision insurance
• 401k with company match
• Paid parental leave
• Up to 13 paid Holidays
• Paid time off
• Educational Assistance Program

Diversity, Equity & Inclusion:

We value Diversity, Equity, & Inclusion. We treat our employees with respect, fairness, and value diverse perspectives. Our Employee Resource Groups and advisory panels support our inclusive culture. We do not discriminate and consider all qualified applicants without regard to protected statuses.