Power Congestion Trader - PJM - EVERGREEN

ENGIE North America Inc.; Houston (TX); On-site; USD 100,000 - 150,000; Full time

Benefits offered by this job

Medical, dental, and vision insurance

401(k) Retirement Savings Plan

Paid time off, including wellness days and holidays

Job summary

ENGIE North America Inc. is looking for a Power Congestion Trader based in Houston, Texas. This role involves deploying trading strategies in the PJM market and requires strong analytical skills and a minimum of 10 years of experience, including 5 years in a congestion trading role.

The position offers a comprehensive benefits package focusing on employee well-being, including medical, dental, and life insurance, as well as retirement savings plans with company match.

Join ENGIE to contribute to the Zero-Carbon Transition by developing accessible energy solutions.

Qualifications

• Minimum of ten years work experience, including five in congestion trading role in PJM.
• Strong working knowledge of power network topology.
• Experience with software like Dayzer, PLEXOS, Excel, and programming languages.

Responsibilities

• Deploy fundamental-based trading strategies using ISO congestion products.
• Act as the central resource regarding relevant ISO information.
• Support asset managers with fundamental views and analyses.
• Communicate decisions and drivers behind trades timely.

Skills

Analytical thinking

Risk management

Communication

Problem solving

Knowledge of power network topology

Expertise in finance, economics, engineering

Proficiency in Excel

Knowledge of Python

Experience with SQL

Education

Bachelor’s degree in finance, economics, engineering, or mathematics

Tools

Dayzer

PLEXOS

Job description

Power Congestion Trader – PJM – EVERGREEN

Location: Houston, United States (77056 / 76590)

As a Congestion Trader at ENGIE Energy Marketing North America based in the Galleria area of Houston, you will report to the Director of Congestion Trading. You will be responsible for the deployment of nodal trading strategies. Independent System Operator's (ISO's): Pennsylvania-New Jersey Interconnection (PJM).

What You Can Expect

• You will deploy fundamental-based nodal trading strategies using ISO congestion products across various periods in the relevant ISO.
• You will develop a systematic approach to fundamental analytics and trade execution.
• You will communicate and demonstrate improvements in the performance benchmarks per the need of the organization.
• You will act as the central resource of the firm regarding the relevant ISO information, working with various groups in the organization.
• You will communicate the decisions and drivers behind your trades in a timely manner and per the need of the organization.
• You comply with the ISO and company protocols.
• You will develop opportunities to generate new revenue streams such as deal flows and virtual markets.
• You will support asset managers with ISO fundamental views/ analyses.
• You will participate in ISO meetings as appropriate, and assess and communicate commercial impacts to the team.

What You'll Bring

• A minimum of Bachelor’s degree with courses in finance, economics, engineering, mathematics or similar discipline.
• A minimum of ten (10) years of relevant work experience, including at least five (5) years in a congestion trading role in PJM.
• You possess a strong working knowledge of power network topology.
• You are a disciplined risk manager.
• You are a highly analytical thinker with an understanding of probability and risks.
• You must enjoy problem solving and creating trading opportunities.
• You are a clear and effective communicator.
• You display a willingness to engage in dialogue and debate with colleagues.
• You can work autonomously and be flexible.
• You have experience with Day‑Ahead Locational Market Clearing Prices Analyzer (Dayzer), PLEXOS or similar software.
• You are proficient in Excel, VB, Python, R, Structured Query Language (SQL).

Compensation

Salary Range will be included in the formal job posting once a specific level of opportunity is determined and posted.

Benefits

At ENGIE, we take your well‑being seriously. Our comprehensive benefits package includes medical, dental, vision, life insurance, employer‑paid short‑term and long‑term disability insurance, Employee Stock Purchase Plan, generous paid time off including wellness days, holidays and leave programs. We also help you plan for retirement by offering a 401(k) Retirement Savings Plan with a company match. Supplemental benefits for full‑time employees enhance emotional and physical well‑being throughout all life stages.

Why ENGIE?

ENGIE North America isn’t just participating in the Zero‑Carbon Transition; we’re leading it by developing renewable, efficient, and accessible energy for everyone. We empower every talent to contribute to this century’s adventure and offer fulfilling professional experiences.

ENGIE is proud to be an equal‑opportunity workplace and is firmly committed to an inclusive environment free from discrimination and harassment. All qualified applicants will receive consideration for employment without regard to race, color, sex, sexual orientation, gender identity, religion, national origin, disability, veteran status, or other legally protected status.

If you need assistance with this application or a reasonable accommodation due to a disability, please contact us at [e-mail]. This email address is reserved for individuals with disabilities in need of assistance and is not a means of inquiry regarding positions or application status.