ERCOT Fundamental Trader Analyst

Trafigura Group; Denver (CO); On-site; USD 80,000 - 120,000; Full time

Job summary

An established industry player is seeking a dynamic ERCOT Fundamental Trader Analyst to join their US Power Team in Denver. This role offers the opportunity to work on innovative power flow optimization models and conduct systematic congestion analysis in a fast-paced environment. The ideal candidate will possess strong programming skills in R or Python and have experience trading ERCOT FTR or Virtuals. Join a diverse and collaborative team where your contributions will directly impact strategic energy trading decisions and help shape the future of the energy market. If you're ready to tackle exciting challenges and drive meaningful change, this is the perfect opportunity for you.

Qualifications

• 2-5 years of experience trading ERCOT FTR or Virtuals required.
• Strong programming skills in R or Python are essential.
• Proven track record of PnL generation across ISOs products.

Responsibilities

• Develop and maintain power flow optimization models.
• Implement systematic congestion analysis using OPF.
• Research electricity market fundamentals for energy trading.

Skills

Trading ERCOT FTR or Virtuals

Programming in R

Programming in Python

Power flow optimization

Analytical capabilities

Communication skills

Problem-solving

Education

Advanced degree in Engineering

Advanced degree in Mathematics

Advanced degree in Physics

Tools

Dayzer

Powerworld

PROMOD

Job description

ERCOT Fundamental Trader Analyst page is loaded

ERCOT Fundamental Trader Analyst

Apply locations Denver, United States of America time type Full time posted on Posted Yesterday job requisition id R-015848

Main Purpose:

At the heart of global supply, Trafigura connects vital resources to power and build the world. Through our Oil & Petroleum Products, Gas and Power, and Metals and Minerals, commercial divisions, we use infrastructure, logistics and financing to connect producers and consumers, using our deep understanding of the markets we serve to make supply more efficient, secure and sustainable.

We are committed to responsible business practices and believe that the supply of energy and raw materials is essential for growth, development and prosperity. We are accelerating our investments in renewable energy, including hydrogen, ammonia and other low-carbon energy technologies required for the transition to a low carbon future. And we work with our stakeholders to improve environmental and social standards, bringing greater trust and transparency to global supply chains.

A career at Trafigura offers a gateway to working on some of the most exciting challenges of a rapidly changing world – from helping to optimize supply chains to developing infrastructure and new markets. In a culture that is founded on openness and energy, our people work as part of a multinational, globally connected team and thrive in a fast-paced environment where they can nurture and commercialize bold ideas. Everyone has a voice and is empowered to collaborate across geographies and disciplines to help shape our business and the wider world. We know the importance and value of diversity in our business and we invest in attracting, developing and retaining talent from all backgrounds.

Founded in 1993, Trafigura is one of the largest independent employee-owned commodities groups in the world with over 13,000 people working in 48 countries. The Trafigura Group owns global multi-metals producer Nyrstar; fuel storage and distribution company Puma Energy; and joint ventures Impala Terminals, a port and logistics provider, and Nala Renewables, investing in wind, solar and battery storage projects.

Knowledge Skills and Abilities, Key Responsibilities:

Knowledge, Skills and Abilities

• Have at least 2-5 years of experience trading ERCOT FTR or Virtuals.
• Have strong programming skills in R or Python.
• Experience with industry software tools like (Dayzer, Powerworld, PROMOD etc)
• Preferred advanced degree in Engineering, Mathematics, Physics or equivalent.
• Proven track record of PnL generation across ISOs products.

Key Responsibilities

• Developing, maintaining, executing and calibrating new power flow optimization models.
• Working with a team to implement systematic congestion analysis using optimal power flow (OPF) and nodal market simulation.
• Research and modelling of electricity market supply, demand and grid congestion fundamentals for daily energy trading and to assess longer-term trends.

Competencies

• Have an entrepreneurial mindset and strong analytical capabilities.
• Ability to work under pressure in a fast paced and changing environment.
• Strong communication and collaboration skills, with a team-oriented mindset.
• Excellent problem-solving and critical thinking abilities.

Key Relationships and Department Overview:

US Power Team.