Senior Power Trader - Speculative Markets & Alpha

talisman; Houston (TX); On-site; USD 180,000 - 260,000; Full time

Job summary

talisman, Houston-based proprietary trading desk, seeks a Senior Power Trader to own a speculative power book across ERCOT, PJM, and other ISO/RTO markets. You will trade day-ahead, real-time spreads, virtuals, FTRs/CRRs, and related forward curves.

You’ll rely on independent market views, build strategies with quantitative models, monitor weather and transmission dynamics, and manage risk with disciplined position sizing and stop losses to generate risk-adjusted P&L.

Qualifications

• 5+ years of speculative/proprietary power trading with verifiable P&L.
• Deep understanding of nodal pricing, LMP dynamics, and basis/congestion risk.
• Conviction-based trading with readiness to take outright directional risk.
• Experience trading virtuals, spreads and/or FTRs as financials.
• Proficiency with trading/analytics platforms and strong Excel/SQL/Python skills.
• High risk tolerance with disciplined risk management.

Responsibilities

• Manage a proprietary book of power positions (day-ahead/real-time spreads, virtuals, FTRs/CRRs).
• Take directional and relative-value positions based on independent market views.
• Generate risk-adjusted trading P&L through active position management.
• Develop proprietary trading strategies using quantitative models.
• Monitor weather/load outages and transmission dynamics to spot opportunities.
• Backtest and refine trading strategies based on market performance.

Skills

Power trading

P&L management

Python

SQL

Excel

Market analysis

Tools

Yes Energy

Genscape

ZEMA

Job description

talisman, Houston-based proprietary trading desk, seeks a Senior Power Trader to own a speculative power book across ERCOT, PJM, and other ISO/RTO markets. You will trade day-ahead, real-time spreads, virtuals, FTRs/CRRs, and related forward curves.

You’ll rely on independent market views, build strategies with quantitative models, monitor weather and transmission dynamics, and manage risk with disciplined position sizing and stop losses to generate risk-adjusted P&L.