Senior Nodal Power Trader

Altopenergy; Houston (TX); Hybrid; USD 100,000 - 150,000; Full time

Job summary

A leading energy trading firm is seeking a motivated FTR Trader to join their team, based in Houston TX or remotely. The successful candidate will leverage strong analytical skills to trade FTRs across various ISO/RTO markets and develop strategies based on congestion market insights. Applicants should possess a minimum of 4 years of experience and a Bachelor's degree in a related field.

Qualifications

• Minimum 4 years of direct experience trading FTRs/CRRs in US nodal power markets.
• Proven track record of generating consistent P&L from FTR trading.
• Deep understanding of ISO-specific auction formats and congestion settlement processes.

Responsibilities

• Trade FTRs/CRRs across various ISO/RTO markets.
• Identify and capitalize on transmission congestion opportunities.
• Conduct forward-looking congestion modeling using production cost models.

Skills

Trading FTRs/CRRs

Market analysis

Power systems knowledge

Programming skills (Python, SQL, R, C#)

Education

Bachelor’s degree in Engineering, Economics, Mathematics

Tools

Powerworld

Promod

Dayzer

Job description

Altop Energy is seeking a highly motivated and experienced FTR Trader to join our nodal power trading team. This role is ideal for a candidate who thrives on congestion market dynamics and has a strong track record trading FTRs/CRRs across ISOs like PJM, ERCOT, MISO, or SPP. You’ll be responsible for developing and executing congestion-based strategies using fundamental and quantitative insights to drive profitability.

Key Responsibilities

• Trade FTRs/CRRs across various ISO/RTO markets with a focus on speculative and hedging strategies.
• Identify and capitalize on transmission congestion opportunities through deep analysis of power flows, constraints, and market structure.
• Conduct forward-looking congestion modeling using production cost models and power flow analysis.
• Continuously evaluate and optimize FTR portfolios based on market signals, auction design, and risk-adjusted returns.
• Collaborate with fundamental analysts, data scientists, and developers to refine models and enhance trading infrastructure.
• Monitor ISO policy changes, auction mechanics, and topology updates to adjust trading strategies.

Qualifications:

• Minimum 4 years of direct experience trading FTRs/CRRs in US nodal power markets (e.g., PJM, ERCOT, MISO, SPP).
• Proven track record of generating consistent P&L from FTR trading within defined risk limits.
• Deep understanding of ISO-specific auction formats (monthly, annual, seasonal) and congestion settlement processes.
• Strong power systems knowledge, including transmission topology and congestion modeling.
• Proficiency with tools such as Powerworld, Promod, Dayzer, or similar production cost and power flow modeling software.
• Strong programming/data skills in Python, SQL, R, or C#.
• Bachelor’s degree in Engineering, Economics, Mathematics, or a related field (Master’s preferred).
• Self-motivated, detail-oriented, and able to work both independently and as part of a team in a high-performance environment.

Location:

Houston TX or Remote

How to Apply

To apply, Please email your CV and cover letter to [e-mail] or complete the form below.