Mid-Level FTR Trader - Quant Research & Strategy

LeoForce; New York (NY); On-site; USD 250,000 - 300,000; Full time

Benefits offered by this job

Annual discretionary bonus

Direct exposure to experienced traders

Job summary

LeoForce is seeking an experienced FTR Trader in New York to research and trade FTR and congestion opportunities across ISO/RTO markets, and to develop, test, implement, and refine quantitative trading strategies.

You will analyze trades, positions, portfolio exposures, market conditions, and new opportunities, while managing risk through the full trading lifecycle and collaborating with traders and analysts.

Qualifications

• 2+ years of experience as an FTR Trader or in a closely related congestion/power trading role.
• Strong working knowledge of at least one ISO/RTO.
• Experience with the complete lifecycle of a trading strategy.
• Portfolio and trading risk-management experience.
• Experience with quantitative modeling and programming.
• Strong analytical ability with comfort using probability and statistics to solve trading problems.
• Ability to operate effectively in a fast-moving trading environment.

Responsibilities

• Research and trade FTR and congestion opportunities across one or more ISO/RTO markets.
• Develop, test, implement, and refine quantitative trading strategies.
• Analyze trades, positions, portfolio exposures, market conditions, and new trading opportunities.
• Manage strategy and portfolio risk throughout the full trading lifecycle.
• Apply statistical, probabilistic, modeling, and programming techniques to power-market problems.
• Collaborate with traders and analysts while helping mentor junior members of the FTR team.

Skills

Quantitative analysis

Programming

Risk management

ISO/RTO knowledge

Trading lifecycle

Job description

LeoForce is seeking an experienced FTR Trader in New York to research and trade FTR and congestion opportunities across ISO/RTO markets, and to develop, test, implement, and refine quantitative trading strategies.

You will analyze trades, positions, portfolio exposures, market conditions, and new opportunities, while managing risk through the full trading lifecycle and collaborating with traders and analysts.