US Power Trader, PJM & Northeast Markets

Redstone Search Group; Stamford (CT); On-site; USD 180,000 - 260,000; Full time

Job summary

Redstone Commodity Search is partnering with a global energy trading house to hire an experienced power trader for Stamford, CT. The role focuses on developing and executing strategies in PJM and Northeast power markets, trading day-ahead and other short-term products, and managing risk within defined limits.

Ideal candidates bring 2–8 years of US power trading experience, a deep understanding of market fundamentals, and a track record of delivering P&L improvements.

Qualifications

• Experience trading US power markets and proven ability to develop trading ideas.
• Strong analytical and decision-making skills with disciplined risk management.
• Excellent understanding of price drivers in US power markets.

Responsibilities

• Develop and execute proprietary trading strategies across PJM and Northeast power markets.
• Trade short-term power products: day-ahead, balance-of-week, weekly, monthly, and short-dated futures.
• Analyze market fundamentals, weather, transmission constraints, outages, and supply-demand dynamics.
• Manage risk within established limits while optimizing P&L.
• Collaborate with quantitative, analytics and origination teams to enhance insights and strategies.
• Monitor market developments and adjust strategies as conditions change.
• Role reports to Head of US Power Trading.

Skills

Power trading

PJM markets

Northeast ISOs

Market risk management

Trading strategies

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