PJM Congestion Trader — Nodal Markets & Analytics

ENGIE; Houston (TX); Hybrid; USD 180,000 - 300,000; Full time

Job summary

ENGIE Energy Marketing North America, based in Houston, is seeking a Power Congestion Trader for PJM. In this evergreen posting, you will deploy nodal trading strategies, analyze ISO congestion products, and work with asset managers to maximize revenue while complying with ISO protocols.

The role requires a strong Finance/Engineering background and 10+ years in congestion trading, PJM experience, and proficiency in Excel, Python, SQL.

Qualifications

• Bachelor's degree in finance, economics, engineering, mathematics or similar discipline.
• Ten+ years of relevant work experience with at least 5 years in a congestion trading role in PJM.
• Strong working knowledge of power network topology and risk management.

Responsibilities

• Deploy nodal trading strategies using ISO congestion products across relevant periods.
• Develop a systematic approach to fundamental analytics and trade execution.
• Communicate improvements in performance benchmarks to the organization.
• Serve as central resource on ISO information, collaborating with multiple groups.
• Communicate trade drivers and decisions in a timely manner.
• Ensure compliance with ISO and company protocols.
• Identify opportunities to create new revenue streams and virtual markets.
• Support asset managers with ISO fundamental views and analyses.
• Participate in ISO meetings and assess commercial impacts for the team.

Skills

Analytical thinker

Clear communicator

Autonomous worker

Risk management

Problem solving

Dialogue and debate

Education

Bachelor's degree in finance, economics, engineering, mathematics

Tools

Dayzer

PLEXOS

Excel

VB

Python

R

SQL

Job description

ENGIE Energy Marketing North America, based in Houston, is seeking a Power Congestion Trader for PJM. In this evergreen posting, you will deploy nodal trading strategies, analyze ISO congestion products, and work with asset managers to maximize revenue while complying with ISO protocols.

The role requires a strong Finance/Engineering background and 10+ years in congestion trading, PJM experience, and proficiency in Excel, Python, SQL.