PJM Congestion Trader | FTRs, Virtuals & Dayzer

Selby Jennings; Houston (TX); On-site; USD 120,000 - 190,000; Full time

Job summary

Selby Jennings is seeking a highly motivated PJM Congestion Trader to join our Houston-based power trading team. You will identify, analyze, and execute congestion trading opportunities across PJM using Dayzer for market analysis and trade development, with a focus on maximizing P&L through FTRs and congestion strategies.

The ideal candidate has 5+ years of experience in power markets, strong quantitative and risk management skills, and a proven track record of delivering profitable congestion

Qualifications

• Bachelor's degree in a related field as specified.
• Minimum 5 years of PJM congestion trading or analysis experience.
• Advanced proficiency with Dayzer for market analysis.

Responsibilities

• Develop and execute congestion trading strategies across PJM markets.
• Analyze transmission constraints, outages, generation dispatch, load forecasts, and market fundamentals to identify opportunities.
• Utilize Dayzer to perform nodal analysis and forecast congestion patterns.
• Participate in FTR auctions and assess opportunities relative to congestion outcomes.
• Monitor real-time and day-ahead market activity and adjust positions accordingly.
• Build models for congestion forecasting and risk management.
• Collaborate with analysts, traders, and market fundamentals teams to improve forecasting accuracy.
• Track trading performance and communicate market views and risk exposures to management.
• Stay current on PJM market rule changes and regulatory developments.

Skills

PJM market knowledge

Congestion trading

Quantitative analysis

Risk management

Team collaboration

Education

Bachelor's degree in Finance, Economics, Engineering, Mathematics, Energy Management, or related field

Tools

SQL

Python

Tableau

Excel

Job description

Selby Jennings is seeking a highly motivated PJM Congestion Trader to join our Houston-based power trading team. You will identify, analyze, and execute congestion trading opportunities across PJM using Dayzer for market analysis and trade development, with a focus on maximizing P&L through FTRs and congestion strategies.

The ideal candidate has 5+ years of experience in power markets, strong quantitative and risk management skills, and a proven track record of delivering profitable congestion