Senior Power Trader

talisman; Houston (TX); Presencial; USD 180.000 - 320.000; Tempo integral

Resumo da vaga

Talisman in Houston seeks a Senior Power Trader to own a proprietary speculative trading book across PJM, ERCOT, MISO power markets. You will drive day-ahead/real-time spreads, virtuals, and FTRs with independent market views and backtest-driven strategies.

You will develop rigorous strategies using fundamental and quantitative signals, manage risk, and deliver consistent P&L while monitoring weather, outages, and congestion patterns for alpha generation.

Qualificações

• 5+ years of speculative/proprietary power trading experience with a demonstrated P&L track record
• Deep understanding of nodal pricing, LMP dynamics, and basis/congestion risk
• Strong conviction-based trading instincts — capable of taking outright directional risk
• Experience trading virtuals, spreads, and/or FTRs as pure financial instruments
• Proficiency with trading/analytics platforms (Yes Energy, Genscape, ZEMA) and Excel/SQL/Python for strategy development and backtesting
• High risk tolerance with disciplined risk management

Responsabilidades

• Take ownership of a proprietary trading book across power markets (day-ahead/real-time spreads, virtuals, FTRs/CRRs)
• Develop and backtest proprietary trading strategies using fundamental, technical, and quantitative signals
• Generate risk-adjusted P&L through active position management
• Monitor market dynamics (weather, load, outages, transmission) to identify opportunities
• Manage position sizing, stop-losses, and risk within firm-set limits
• Operate autonomously while remaining accountable for book performance

Conhecimentos

P&L track record

Nodal pricing & LMP dynamics

Directional trading instincts

Trading virtuals/spreads/FTRs

Trading platforms & analytics

Excel/SQL/Python

Risk management discipline

Autonomous work style

Ferramentas

Yes Energy

Genscape

ZEMA

Excel

SQL

Python

Descrição da vaga

Senior Power Trader — Proprietary/Speculative Trading

We're looking for a Senior Power Trader to join a proprietary trading desk, taking full ownership of a speculative trading book across [ISO/RTO — e.g., PJM, ERCOT, MISO] power markets.

What You'll Do

• Manage a proprietary book of financial power positions — day-ahead/real-time spreads, virtuals, FTRs/CRRs, and forward curve exposure
• Take directional and relative-value positions based on independent market views, not tied to physical hedging or asset optimization
• Generate consistent, risk-adjusted trading P&L through active position management
• Develop proprietary trading strategies using fundamental analysis, technical signals, and quantitative models
• Monitor weather, load, generation outages, and transmission dynamics to identify trading opportunities
• Exploit nodal price dislocations, congestion patterns, and basis spreads for alpha generation
• Manage position sizing, stop-losses, and risk exposure independently within firm-set limits
• Continuously backtest and refine trading strategies based on market performance

What We're Looking For

• 5+ years of speculative/proprietary power trading experience with a demonstrated, verifiable P&L track record
• Deep understanding of nodal pricing, LMP dynamics, and basis/congestion risk
• Strong conviction-based trading instincts — comfortable taking outright directional risk, not just hedging physical positions
• Experience trading virtuals, spreads, and/or FTRs as pure financial instruments
• Proficiency with trading/analytics platforms (e.g., Yes Energy, Genscape, ZEMA) and strong Excel/SQL/Python skills for strategy development and backtesting
• High risk tolerance paired with disciplined risk management
• Ability to operate autonomously with minimal oversight while remaining accountable for book performance