PJM & Northeast Power Trader — Short-Term Markets

Redstone Search Group Ltd; Stamford (CT); On-site; USD 180,000 - 320,000; Full time

Job summary

Redstone Search Group Ltd in Stamford, CT, seeks an experienced power trader to develop and execute proprietary strategies across PJM and Northeast power markets and to trade day-ahead, weeklies, and monthly futures.

Candidates should have 2–8 years in US power trading, with a strong grasp of market fundamentals and disciplined risk management. Relocation to Stamford is encouraged for the right candidate.

Qualifications

• 2–8 years’ experience trading US power markets.
• Demonstrated experience trading PJM and/or Northeast ISOs.
• Proven track record trading short-term futures and prompt products.
• Strong understanding of US power market fundamentals and price drivers.
• Excellent analytical and decision-making skills with a disciplined approach to risk management.
• Located in Stamford CT or happy to relocate

Responsibilities

• Develop and execute proprietary trading strategies across the PJM and Northeast power markets.
• Trade short-term power products, including day-ahead, balance-of-week, weekly, monthly, and short-dated futures.
• Analyse market fundamentals, weather, transmission constraints, outages, and supply-demand dynamics to identify trading opportunities.
• Manage risk within established limits while optimising P&L performance.
• Work closely with quantitative, analytics and origination teams to enhance market insights and trading strategies.
• Monitor market developments and react quickly to changing market conditions.

Skills

Power trading

PJM markets

Short-term futures

Risk management

Market analysis

Job description

Redstone Search Group Ltd in Stamford, CT, seeks an experienced power trader to develop and execute proprietary strategies across PJM and Northeast power markets and to trade day-ahead, weeklies, and monthly futures.

Candidates should have 2–8 years in US power trading, with a strong grasp of market fundamentals and disciplined risk management. Relocation to Stamford is encouraged for the right candidate.