Talen Energy is currently seeking an Associate Gas Trader to join our team!
This individual will be responsible for trading spot physical gas and managing the nomination of gas under long-term supply agreements daily. This person will be part of a team of traders who manage a gas and power portfolio comprised of structured commodity agreements and asset exposures. They will work closely with the Term Gas Trader and Power Asset Managers to optimize the value of the generating assets and existing physical and financial gas positions. This individual must have knowledge of gas market fundamentals regulatory rules and associated pipeline and price relationships in the Northeast.
How Youll Power the Future
At Talen Energy your work fuels this role youll do more than contribute youll drive meaningful change by:
Trade physical gas daily monthly and term to optimize and capture locational spreads.
Work with team members to execute a strategy focused on optimizing physical generating assets associated gas contracts and financial gas positions.
Monitor market fundamentals pipeline flows storage levels and weather forecasts to support trading decisions.
Build and maintain relationships with counterparties and market participants.
Forecast and track generation gas burns optimize daily gas positions using existing Operational Balancing Agreements (OBAs) and Park-and-Loan deals.
Ensure compliance with regulatory requirements as dictated by our various supply agreements and pipeline interconnections.
Work with Risk and Settlements to ensure accurate position tracking and billing for pipelines and counterparties.
What You Have
Bachelors or advanced degree in Economics Business Finance Engineering or Mathematics preferred
Proven experience trading and/or scheduling physical gas preferably in the Northeast
Fundamental knowledge of natural gas market dynamics and risk management strategies
Understanding of generation assets and competitive market mechanisms
Strong analytical problem-solving and communication skills
Why Talen Energy
Force for Good
Talen Energy is one of the largest competitive energy and power generation companies in North America. We operate power plants that use diverse fuel sources in the most attractive wholesale power markets and sell energy to wholesale and retail customers in selected competitive markets. Our passion for excellence grows value through safe and efficient operations. We have an inclusive diverse respectful and collaborative workplace and a strong commitment to innovation teamwork and integrity. We generate energy for a brighter tomorrow.
Collaboration
Our passion for excellence grows value through safe and efficient operations. We have an inclusive diverse respectful and collaborative workplace and were recently recognized by Forbes as one of Americas Best Midsize Employers.
Perks and Benefits
For all corporate based roles we offer a competitive package and a full suite of benefits including medical insurance dental insurance vision insurance life lock benefits 401 (k) paid vacation.
Please be aware that Talen Energy requires extensive Nuclear Power Plant background security clearance
Talen Energy is an equal opportunity affirmative action employer dedicated to diversity and the strength it brings to the workplace. All qualified applicants will receive consideration for employment without regard to race color age sex religion national origin veteran status sexual orientation genetic information gender identity disability perceived disability or any other protected characteristic as may be defined by applicable law.
If you need assistance with the application process please email us at
Note:You will have an opportunity to add attachments to your application. Please use this opportunity toupload your resume cover letter and any relevant documents .
Required Experience:
IC
Talen Energy is a leading independent power producer and infrastructure company focused on safe, reliable power generation while delivering the most value per megawatt of energy we produce.