Northeast Power Trader – MEMS Markets (1–3M Horizons)

Mitsui & Co. Energy Marketing and Services (USA), Inc.

Houston (TX)

On-site

USD 120,000 - 190,000

Full time

8 days ago
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Job summary

Mitsui & Co. Energy Marketing and Services (USA), Inc. seeks a Power Trader to optimize the Northeast US power portfolio for near-term markets.

The role requires close coordination with Origination teams and other Mitsui entities, with a strong grasp of grid dynamics and market participants. The successful candidate will bring deep trading experience, exceptional analytical skills, and the ability to communicate effectively with senior management.

Qualifications

  • Undergraduate degree in Finance or Accounting (or related field).
  • Minimum 3 years of trading experience required.
  • 5 years of experience in trading environment required.
  • Experience with Allegro a plus.

Responsibilities

  • Develop and execute profitable speculative trading positions in the Northeast power markets, predominantly within a 1–3-month period.
  • Manage daily and prompt month physical power positions in the portfolio.
  • Communicate market information to traders and scheduling personnel in a timely manner.
  • Collaborate with traders in adjacent markets to optimize assets across large geographic areas.
  • Support scheduling duties within the region and assist risk, IT, and accounting to ensure deals are managed correctly.
  • Build relationships with third parties to expand Mitsui’s regional presence and identify longer-term opportunities.

Skills

Power trading
Analytical skills
Microsoft Office
Communication skills
Teamwork

Education

Tools

Allegro trading platform

Job description

Mitsui & Co. Energy Marketing and Services (USA), Inc. seeks a Power Trader to optimize the Northeast US power portfolio for near-term markets.

The role requires close coordination with Origination teams and other Mitsui entities, with a strong grasp of grid dynamics and market participants. The successful candidate will bring deep trading experience, exceptional analytical skills, and the ability to communicate effectively with senior management.

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