FTR Trader

Piper Maddox; United States; Remote; USD 80,000 - 120,000; Full time

Job summary

An innovative energy trading firm is seeking FTR Traders to join their dynamic team remotely. This role involves conducting in-depth analysis of market trends and transmission congestion patterns, developing effective trading strategies, and managing auction bids. The ideal candidate will possess a strong background in finance, economics, or engineering, and be proficient in data analysis tools like Python and SQL. This is an exciting opportunity to contribute to a growing sector focused on renewable energy and make a significant impact in the trading landscape. If you thrive in a collaborative environment and are ready to tackle market challenges, this position is for you.

Qualifications

• 2+ years of experience in FTR trading or related roles in the energy sector.
• Strong understanding of power market structures and auction mechanisms.

Responsibilities

• Conduct research on transmission congestion patterns and market trends.
• Develop FTR trading strategies to maximize profitability and manage risk.

Skills

Data Analysis

Quantitative Skills

Analytical Skills

Problem-Solving Skills

Collaboration

Education

Bachelor’s degree in Finance

Bachelor’s degree in Economics

Bachelor’s degree in Engineering

Bachelor’s degree in Mathematics

Advanced degree

Tools

Python

R

SQL

Job description

Piper Maddox is partnered with a growing and dynamic energy trading firm specializing in power markets. They are looking to hire several FTR Traders on a remote basis.

Key Responsibilities

1. Conduct thorough research and analysis of transmission congestion patterns, market trends, and pricing dynamics across ISOs (CAISO, MISO, ERCOT, PJM, ISO-NE, etc.).
2. Develop and implement FTR trading strategies to maximize profitability while managing risk effectively.
3. Prepare and submit FTR auction bids, manage awarded portfolios, and monitor performance to ensure alignment with trading goals.
4. Utilize advanced analytics and modeling tools to identify opportunities and optimize decision-making.
5. Monitor and mitigate market, credit, and operational risks associated with FTR trading activities.
6. Work closely with analysts, developers, and other traders to enhance trading systems and strategies.
7. Ensure adherence to all regulatory requirements and internal policies.

Qualifications

1. Bachelor’s degree in Finance, Economics, Engineering, Mathematics, or a related field; advanced degree preferred.
2. 2+ years of experience in FTR trading (or related) in the energy sector.
3. Strong understanding of power market structures, transmission congestion, and auction mechanisms.
4. Proficiency in data analysis and programming tools (e.g., Python, R, SQL).
5. Excellent quantitative, analytical, and problem-solving skills.
6. Ability to work effectively in a collaborative team environment.

Seniority level: Mid-Senior level

Employment type: Full-time

Job function: Purchasing, Sales, and Strategy/Planning

Industries: Renewables & Environment, Services for Renewable Energy, and International Trade and Development

For full details, please reach out to Kasey Dillon on [e-mail]