US Power Trader, PJM & Northeast Markets

Redstone Search Group Ltd; Stamford (CT); On-site; USD 180,000 - 320,000; Full time

Job summary

Redstone Search Group Ltd in Stamford, CT, seeks an experienced power trader to develop and execute proprietary strategies across PJM and Northeast power markets and to trade day-ahead, weeklies, and monthly futures.

Candidates should have 2–8 years in US power trading, with a strong grasp of market fundamentals and disciplined risk management. Relocation to Stamford is encouraged for the right candidate.

Qualifications

• 2–8 years’ experience trading US power markets.
• Demonstrated experience trading PJM and/or Northeast ISOs.
• Proven track record trading short-term futures and prompt products.
• Strong understanding of US power market fundamentals and price drivers.
• Excellent analytical and decision-making skills with a disciplined approach to risk management.
• Located in Stamford CT or happy to relocate

Responsibilities

• Develop and execute proprietary trading strategies across the PJM and Northeast power markets.
• Trade short-term power products, including day-ahead, balance-of-week, weekly, monthly, and short-dated futures.
• Analyse market fundamentals, weather, transmission constraints, outages, and supply-demand dynamics to identify trading opportunities.
• Manage risk within established limits while optimising P&L performance.
• Work closely with quantitative, analytics and origination teams to enhance market insights and trading strategies.
• Monitor market developments and react quickly to changing market conditions.

Skills

Power trading

PJM markets

Short-term futures

Risk management

Market analysis

Job description

Redstone Search focus on offering 360° search solutions to the global commodities markets. With a competitive coverage of Trading Houses, Producers, Majors, Utilities, Merchants, Hedge Funds, Investment Banks and Brokerages; Redstone Commodity Search can confidently offer you an edge in today’s volatile market.

Redstone Search are working with a global energy trading house who looking to hire an experienced power trader to their team in Stamford CT.

Key Responsibilities / Tasks

• Develop and execute proprietary trading strategies across the PJM and Northeast power markets.
• Trade short-term power products, including day-ahead, balance-of-week, weekly, monthly, and short-dated futures.
• Analyse market fundamentals, weather, transmission constraints, outages, and supply-demand dynamics to identify trading opportunities.
• Manage risk within established limits while optimising P&L performance.
• Work closely with quantitative, analytics and origination teams to enhance market insights and trading strategies.
• Monitor market developments and react quickly to changing market conditions.
• Role reports to Head of US Power Trading

Key Qualifications / Experience

• 2–8 years’ experience trading US power markets.
• Demonstrated experience trading PJM and/or Northeast ISOs.
• Proven track record trading short-term futures and prompt products, including day-ahead, weekly and monthly tenors.
• Strong understanding of US power market fundamentals and price drivers.
• Excellent analytical and decision-making skills with a disciplined approach to risk management.
• Located in Stamford CT or happy to relocate