Senior Analyst, Energy Trading & Risk Modeling

The AES Corporation; Houston (TX); On-site; USD 90,000 - 130,000; Full time

Job summary

The AES Corporation is seeking a Senior Analyst, Structured Trading to analyze ERCOT real-time and cash markets, design models for generator dispatch and merit order, and develop trading strategies to hit defined PnL targets.

You will support energy exposure management in ERCOT and contribute to risk assessments, price analytics, and cross-ISO evaluations with the ETRM and Risk teams.

Qualifications

• Bachelor’s degree in Engineering, Economics, Finance or related quantitative field.
• 5 years of experience with power markets and energy trading.
• Experience supporting power trading, optimization, and asset management.

Responsibilities

• Analyze ERCOT real-time and cash markets for weather and price risk.
• Design and develop stack models to simulate generator dispatch and merit order.
• Develop and execute trading strategies in ERCOT to achieve PnL targets.
• Support term trading strategies to manage asset energy exposure in ERCOT.
• Build and maintain natural gas models to identify correlations with power markets.
• Evaluate capacity markets across U.S. ISOs with cross-functional teams.
• Develop risk models (VaR) and mark forward curves for valuation.

Skills

Power markets

Revenue streams

Asset management

Quantitative skills

Trading systems

Education

Bachelor’s degree in Engineering, Economics, Finance

Tools

ETRM

Job description

The AES Corporation is seeking a Senior Analyst, Structured Trading to analyze ERCOT real-time and cash markets, design models for generator dispatch and merit order, and develop trading strategies to hit defined PnL targets.

You will support energy exposure management in ERCOT and contribute to risk assessments, price analytics, and cross-ISO evaluations with the ETRM and Risk teams.