Energy Power Trader- NorthStar Clean Energy- Remote

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

Job summary

Join a forward-thinking company that is at the forefront of clean energy solutions. As a Senior Energy Commodities Trader, you will play a crucial role in buying and selling energy commodities while developing procurement strategies that align with market trends. This position offers a blend of remote work flexibility and opportunities for professional growth. With a commitment to diversity and inclusion, the company fosters a supportive environment where your contributions will be valued. Enjoy competitive compensation and comprehensive benefits as you help shape a sustainable future.

Benefits

Competitive compensation packages

Medical, Dental and Vision

401k with company match

Paid parental leave

Up to 13 paid Holidays

Paid time off

Educational Assistance Program

Qualifications

• 5+ years of trading experience required.
• Knowledge of electric power operating models is essential.

Responsibilities

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

Skills

Commodity Market Analysis

Communication Skills

Strategic Planning

Financial Trading

Microsoft Office

Hedging Techniques

Electric Power Operating Models

Education

Bachelor's Degree in Accounting, Finance, Economics, or 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. The Sr Energy Commodities Trader 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:

• Generate commodity market reports for management and forecast market trends


• Maintains rapport with key accounts by making periodic visits; exploring specific needs; anticipating new opportunities.


• Develops and maintains Day Ahead and Real Time offers and bids in ISO markets


• Develops and manages portfolio of electric products, including energy, capacity, ancillary service, transmission, and other products


• Attends market meetings and communicates with market regulators to ensure compliance with existing emerging regulations and structural market changes


• Serves as a liaison for third parties and managers on client inquiries related to the commodity market.


• Reviews analytical reports and forecasts commodity market trends.


• Identifies investment opportunities within the electric commodity markets


• Tracks product line sales and costs by analyzing and entering sales, expense, and new business data.


• Other non-essential duties as assigned or may be 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 technique, 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 Required


• 5+ years trading experience required


• EROCT 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, and we take pride in offering our co-workers excellent benefits and compensation packages. We are deliberately creating an inclusive culture that makes our diverse team of co-workers feel valued, supported, and empowered every day. We're a company made up of thousands of people, all with different stories to share and work to do, but we stand united in our company purpose: world class performance delivering hometown service.

What we offer:

• Competitive compensation packages


• Medical, Dental and Vision


• 401k with company match


• Paid parental leave


• Up to 13 paid Holidays


• Paid time off


• Educational Assistance Program

Diversity, Equity & Inclusion:

We, at NorthStar Clean Energy, value Diversity, Equity, & Inclusion. It is part of our DNA. We treat our employees with respect, we treat each other fairly and we value the opinions of others. We are passionate about building and nurturing an environment where everyone feels included. We don't discriminate. We seek to learn about each other and better understand our unique differences. Our uniqueness makes us authentic. We create safe spaces where everyone can be who they truly are. We invite difficult conversations and uncomfortable topics. We value diverse perspectives; this is what makes us great together. We harbor an inclusive environment where employees feel empowered to share their backgrounds, experiences, and ideas. Our Employee Resource Groups, Women's Advisory Panel (WAP), Women's in Energy (WE), Minority Advisory Panel (MAP), Pride Alliance of Consumers Energy (PACE), GENERGY, capable, Interfaith and Veterans Advisory Panel (VAP) are key enablers to living the values of our company culture: Caring, Empowered, Deliberate, Agility, and Ownership.

All qualified applicants will not be discriminated against and will receive consideration for employment without regard to protected veteran status, disability, race, color, religion, age, sex, sexual orientation, gender identity or national origin.