Real Time Trader

Brookfield Renewable U.S.; New York (NY); On-site; USD 110,000 - 125,000; Full time

Job summary

A leading renewable energy company in New York is seeking a Real-Time Trader responsible for maximizing real-time revenues across its generation portfolio. This includes trading physical power and optimizing the renewable generation portfolio. The ideal candidate will have a Bachelor’s degree in a math-related field and experience in the energy sector. A willingness to work a 12-hour rotating shift schedule is required. Salary is competitive, ranging from $110,000 to $125,000.

Qualifications

• Bachelor's degree in Finance, Business Administration, Engineering, Math or related field.
• Six months in the energy field; Real-Time Trader experience preferred.
• Working knowledge of one or more ISOs preferred.

Responsibilities

• Trade physical spot power in the DAM and RT market across the continental US.
• Manage generation and physical flows into ISOs / RTOs.
• Communicate daily with regional trading teams on real-time issues.

Skills

Attention to Details

Time Management/Priority Setting

Achievement Orientation

Analytical Thinking

Decision Making

Teamwork

Stress Management

Adaptability

Initiative

Education

Bachelor’s degree in a math-related field

Tools

OASIS transmission reservations systems

OATI tagging systems

ISO scheduling systems

Excel

Python

Job description

Overview

Real-Time Trader — Location: New York, City.

The Real-Time Trader is responsible for maximizing real-time revenues across the Company’s generation portfolio. This includes trading physical power, managing company positions in real-time, and optimizing the renewable generation portfolio. The Real-Time Trader serves an integral role within front office, working alongside the Analysts and Short-Term Traders of the regional trading teams. The position reports to the Manager of Real-Time Trading.

Responsibilities

• Trade physical spot power in the DAM and RT market across the continental US (CAISO, WECC region, SPP, MISO, PJM, IESO, NYISO, ISONE)
• Bid and manage generation and physical flows into ISOs / RTOs
• Resupply contracts and mitigate financial implications of curtailments
• Communicate daily with the regional trading teams on real time issues
• Maintain the trade capture system (record, enter and verify transactions)

Requirements

• Attention to Details: Working in a conscientious, consistent and thorough manner
• Time Management/Priority Setting: The process of exercising conscious control over the amount of time spent
• Achievement Orientation: Focusing efforts on achieving high quality results with the organization’s standards
• Analytical Thinking: Analyzing and synthesizing information to understand issues, identify options, and support sound decision making
• Decision Making: Making decisions involving varied levels of risk and ambiguity
• Teamwork: Working collaboratively with others to achieve organizational goals
• Stress Management: Maintaining effectiveness in the face of stress
• Adaptability: Adapting in order to work effectively in ambiguous or changing situations, and with diverse individuals and groups
• Initiative: Dealing with situations and issues proactively and persistently, seizing opportunities that arise.

Qualifications

• Bachelor’s degree in a math-related field (Finance, Business Administration, Engineering, Math, etc.)
• Six months in the energy field; Real-Time Trader experience preferred
• Working knowledge of OASIS transmission reservations systems, OATI tagging systems and ISO scheduling systems, preferred
• Working knowledge of one or more ISOs preferred (CAISO, WECC, SPP, MISO, PJM, IESO, NYISO, ISONE)
• Advanced skills in Excel and Python would be an asset

Working Conditions

Candidates must be willing to work a 12-hour rotating shift schedule

Salary: $110,000 - $125,000