Power Options Trader (Senior )

ENGIE; Indianapolis (IN); Hybrid; USD 131,000 - 190,000; Full time

Benefits offered by this job

Hybrid work policy

Competitive bonus/incentive plan

Job summary

ENGIE North America is seeking a Senior Power Options Trader based in Houston, TX. You will manage portfolio optionality and customer requests while optimizing load and assets across North American markets, with emphasis on ERCOT, PJM, and the Northeast.

You will deploy options and non-linear power positions, apply quantitative methods, and collaborate with retail and asset optimization teams to develop risk management strategies. Hybrid work: three days in-office, two remote.

Qualifications

• Bachelor’s degree with coursework in finance, economics, mathematics
• Minimum five years of options trading experience
• Strong knowledge of North American power market fundamentals
• Proficient in Python, R, or SQL for trading algorithms
• Clear communicator, autonomous and adaptable to change

Responsibilities

• Manage portfolio optionality and customer requests
• Optimize load and asset positions across ERCOT, PJM, and the Northeast
• Deploy options and non-linear power positions in North American markets
• Collaborate with retail and asset optimization teams on risk management
• Apply quantitative methods to assess trading risks and opportunities

Skills

Options trading

Power market knowledge

Programming (Python)

Programming (R)

Programming (SQL)

Communication

Autonomy

Education

Bachelor's degree in finance/economics/mathematics

Tools

Python

R

SQL

Job description

What You Can Expect

As a Senior Power Options Trader, you will manage portfolio optionality and customer requests while optimizing load and assets, including BESS, across ERCOT, PJM, and the Northeast markets. You will be responsible for managing and deploying options and non-linear power positions in North American markets, with a particular focus on ERCOT, PJM, and the Northeast. Additionally, you will collaborate with the retail and asset optimization teams to develop and execute non-linear risk management strategies. This position is based in Houston, TX, reporting to the VP of Power and Gas. Use mathematical models and quantitative techniques to identify trading opportunities and optimize trading strategies. Apply quantitative methods to assess and manage financial risks associated with trading activities.

What You'll Bring

• You hold a Bachelor's degree with coursework in finance, economics, mathematics, or a related discipline
• A minimum of five (5) years of options trading experience, preferably in power
• You have a strong working knowledge of North American power market fundamentals
• You are proficient in programming languages such as Python, R, or SQL, which is valuable for developing trading algorithms and analyzing large datasets
• You enjoy problem-solving and creating trading opportunities
• You are a clear communicator, open to dialogue and debate
• You work autonomously and adapt to change

Additional Details

This role is eligible for our hybrid work policy working three (3) days in-office and two (2) days remote.

Must be willing and able to comply with all ENGIE ethics and safety policies.

Compensation

Salary Range: $131,000 - $190,000 USD annually

This represents the average expected pay range for a qualified candidate. Actual offered salary may depend on geography, experience, industry knowledge, education, internal pay alignment, or other bona fide factors. ENGIE complies with all federal, state, and local minimum wage laws. Actual salary offered may vary depending on geography, experience, education, internal pay alignment, or other bona fide factors. In addition to base pay, this position is eligible for a competitive bonus / incentive plan.

Your Talent Acquisition Partner can share more specific information regarding the benefits or the salary for the position based on the work location.

At ENGIE, we take your well-being seriously. Our comprehensive benefits package includes options for medical, dental, vision, life insurance, employer-paid short-term and long-term disability insurance, ESPP, generous paid time off including wellness days, holidays and leave programs, and a 401(k) Retirement Savings Plan with a company match.

We also help you plan for retirement by offering a 401(k) Retirement Savings Plan with a company match. But that's not all - we're dedicated to the health and happiness of your entire family, offering supplemental benefits for full time employees that enhance emotional and physical well-being through all stages of life from family forming to caregiver benefits.

Explore our benefits package to see how we can support you.

Why ENGIE?

ENGIE North America isn't just participating in the Zero-Carbon Transition, we're leading it! Join us as we develop energy that is renewable, efficient, and accessible to everyone.

At ENGIE, our goal is to support, promote, and thrive on diversity, equity, and inclusion. We do so for the benefit of our employees, customers, products and services, and community. ENGIE is proud to be an equal opportunity workplace, and we are firmly committed to creating an equitable and inclusive environment for all employees.

We are committed to providing employees with a work environment free of 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, you may contact us at . 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.

We are unable to sponsor or take over sponsorship of an employment visa for this role at any time.

The safety of our employees is our number one priority. All employees at ENGIE have both a duty and the authority to STOP WORK if unsafe acts are observed.

Business Unit: GEMS Division: GEMS - BP AMERICAS Legal Entity: ENGIE ENERGY MARKETING NA, INC. Professional Experience: Skilled ( >3 experience)