Retail Energy Trader - Portfolio Optimization

BP; United States; Hybrid; USD 120,000 - 190,000; Full time

Benefits offered by this job

Generous parental leave policy

Excellent retirement benefits

Hybrid work model

Job summary

bp’s Retail Supply Trader role focuses on profitability analysis of the retail electricity load portfolio, developing solutions through fundamental analysis and market acumen.

You will work with affiliate units to maintain pricing, hedge activity, and manage non-standard product deals while aligning with regulatory and internal policies.

The role requires a quantitative degree, experience in analytics and trading, and comfort with cross-functional collaboration in a hybrid work setting.

Qualifications

• Bachelor degree in a quantitative field such as math, statistics, IT, quantitative finance or engineering.
• Mid level experience related to retail analytics, trading, demand response, portfolio optimization, asset optimization.
• Strong working knowledge of ISO markets, the electric power grid and marketplace, specifically ERCOT, NYISO, NEPOOL, MISO, PJM regions.
• High level of proficiency in Excel and working knowledge of VBA and SQL required. Python working knowledge preferred.
• Analytical skills required for pricing, risk assessment and transaction structuring.
• Strong individual contributor with consultative style and strong collaboration and teamwork.
• Skilled at working across multi-disciplinary functions and departments.
• Proficient in collecting, querying, organizing, and analyzing complex data, evaluating information, and drawing logical conclusions.

Responsibilities

• Support Portfolio Optimization team by maintaining transactable prices for approved tradable products and market information.
• Provide market access, price discovery and transaction execution in approved products for BP clients.
• Work with Marketing to align opportunities with trading ideas.
• Maintain customer relationships through market knowledge and clear communication.
• Responsible for hedging and optimization around BP's retail customer portfolio.
• Price, manage and book deals involving non-standard products and locations.

Skills

Retail analytics

Trading awareness

Excel proficiency

Python knowledge

SQL knowledge

Risk assessment

Collaboration

Education

Bachelor degree in quantitative field

Tools

Excel

VBA

SQL

Python

Job description

bp’s Retail Supply Trader role focuses on profitability analysis of the retail electricity load portfolio, developing solutions through fundamental analysis and market acumen.

You will work with affiliate units to maintain pricing, hedge activity, and manage non-standard product deals while aligning with regulatory and internal policies.

The role requires a quantitative degree, experience in analytics and trading, and comfort with cross-functional collaboration in a hybrid work setting.