Senior FTR Trader — PJM Market Strategy

Energy Transfer; Overland Park (KS); On-site; USD 180,000 - 320,000; Full time

Job summary

Energy Transfer seeks an experienced FTR Principal Trader for the PJM Market to design and execute strategies on FTR auctions and the secondary market. The role demands in-depth PJM knowledge, risk controls, and rigorous portfolio optimization.

The ideal candidate will model congestion patterns, analyze market fundamentals, and collaborate with trading desks to align FTR activity with the company’s risk and growth objectives. Extensive experience in energy trading is required.

Qualifications

• Bachelor's degree in finance, Economics, Engineering, Mathematics, or related field; Master's degree preferred.
• Minimum of 12+ years of power trading experience with specific focus on FTR/CRR markets.
• Demonstrated success in FTR trading strategies and portfolio management.
• Strong understanding of PJM market structure, rules, and settlement processes.

Responsibilities

• Develop and execute trading strategies in PJM FTR markets to maximize profitability while managing risk.
• Analyze market fundamentals and execute trades across Long-term, Annual, and Monthly FTR Auctions.
• Participate in the FTR Secondary market to optimize portfolio performance.
• Coordinate with other trading desks to ensure FTR positions complement overall energy trading strategy.
• Maintain detailed records and provide regular performance reports.
• Develop hedging strategies to mitigate congestion risk exposure.
• Monitor portfolio positions, mark-to-market valuations, and risk metrics.
• Ensure compliance with risk policies and regulatory requirements.

Skills

Analytical mindset

Risk management

Decision making under pressure

Communication skills

Independent worker

Detail oriented

Education

Bachelor's degree in finance, Economics, Engineering, Mathematics, or related field

Master's degree preferred

Tools

FTR Center

Enverus

Panorama

Excel

Python

R

Job description

Energy Transfer seeks an experienced FTR Principal Trader for the PJM Market to design and execute strategies on FTR auctions and the secondary market. The role demands in-depth PJM knowledge, risk controls, and rigorous portfolio optimization.

The ideal candidate will model congestion patterns, analyze market fundamentals, and collaborate with trading desks to align FTR activity with the company’s risk and growth objectives. Extensive experience in energy trading is required.