Senior ERCOT Power Trader - Market Strategy & Risk

Macquarie Group; Georgia; On-site; USD 150,000 - 230,000; Full time

Benefits offered by this job

Wellbeing leave

Parental leave

Volunteer leave

Hybrid/flexible working

Work-from-home equipment reimbursement

Job summary

Macquarie Group is seeking a Senior ERCOT Power Trader to join our North America team in Houston or Minneapolis. You will develop and execute trading strategies across ERCOT markets, including day-ahead and real-time, congestion and ancillary services.

You will collaborate with analytics, quantitative, technology and risk teams to build market views that drive risk-adjusted returns, while applying rigorous risk controls and market insight.

Qualifications

• Extensive experience trading ERCOT power markets with a proven record of generating risk-adjusted returns.
• Deep understanding of ERCOT dynamics: congestion, nodal pricing, generation economics, and ancillary services.
• Ability to develop market views through analysis of power fundamentals, weather, fuel markets, and regulatory developments.
• Strong risk management discipline and experience managing complex trading portfolios.
• Excellent quantitative, analytical, and decision-making skills in fast-paced market environments.

Responsibilities

• Develop and execute short- and long-term trading strategies across ERCOT power markets.
• Analyze market fundamentals such as load, weather, generation, fuels, and transmission constraints.
• Collaborate with analytics, quantitative, technology, and risk teams to improve market views.
• Ensure trading activities stay within risk limits and established frameworks.

Skills

ERCOT power trading

Market dynamics

Risk management

Quantitative analysis

Portfolio management

Job description

Macquarie Group is seeking a Senior ERCOT Power Trader to join our North America team in Houston or Minneapolis. You will develop and execute trading strategies across ERCOT markets, including day-ahead and real-time, congestion and ancillary services.

You will collaborate with analytics, quantitative, technology and risk teams to build market views that drive risk-adjusted returns, while applying rigorous risk controls and market insight.