Senior Commercial & Trading Lead – ERCOT Renewables

SABANCI RENEWABLES INC

Austin (TX)

On-site

USD 110,000 - 130,000

Full time

14 days+

Application generator

Stand out for this role — generate a tailored resume and cover letter in about a minute.

Get past ATS filters

Job summary

Sabancı Renewables is seeking a Senior Commercial Associate to own hedging and market execution for the ERCOT operating fleet and to support PPA origination and structuring for new opportunities. You will translate market views into actionable trading strategies and work closely with senior leadership.

Ideal candidates have 5+ years in U.S. power markets, ERCOT experience, and strong expertise in DAM/RTM, CRR/PTP and AI-enabled forecasting.

Qualifications

Master's degree in engineering, economics, finance, mathematics or management (Bachelor's degree plus equivalent experience considered).
5+ years in U.S. power markets at a developer, IPP, utility, offtaker, trading desk, QSE or advisory firm.
Hands-on ERCOT experience including nodal pricing, congestion and basis risk on renewable assets.
Working knowledge of DAM/RTM, DART, CRR / PTP products, ancillary services and financial hedging products.
Experience executing — entering offers, bids or auction submissions into an ISO platform.
Advanced Excel and modeling, plus Python and SQL.
Practical experience applying AI or machine learning to forecasting, optimization or workflow automation.
Ability to present a clear commercial recommendation to senior decision-makers.
Authorization to work in the United States.

Responsibilities

Own the quantification and active management of nodal-to-hub basis, congestion and curtailment exposure across the ERCOT fleet.
Design hedging strategies using swaps, basis swaps, congestion rights (CRR / PTP obligations and options), revenue puts and shaped structures.
Prepare and enter submissions into ISO platforms — day-ahead and real-time offers, ancillary service offers, and CRR auction bids.
Develop DART strategy and post-auction attribution of realized versus expected value.
Direct and challenge the QSE: set the strategy it executes and hold it accountable for performance.
Analyze transmission constraints, congestion drivers, price forecasts and ISO market design changes, and translate them into forward positioning.
Own settlement validation and dispute resolution with the ISO, QSE and counterparties.
Support PPA and VPPA origination and negotiation — pricing, basis and shape analysis, settlement mechanics, and commercial terms alongside legal counsel.
Build the analytical tooling and apply AI/ML to price and congestion forecasting, offer optimization, settlement anomaly detection and reporting automation.
Report commercial performance and market conditions to management and shareholders.