Day Ahead Trader ERCOT
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Job Location:
Irving, TX - USA
Monthly Salary:
Not Disclosed
Posted on:
30+ days ago
Vacancies:
1 Vacancy
Job Summary
If you have what it takes to become part of the Vistra family and would like to start a promising career with a global leader take a look at the exciting employment opportunities that are currently available and apply online.
Job Summary
Job Description
Key Accountabilities
- Trades Luminant Energys daily next day and balmo financial & physical electricity positions
- Develops and maintains profitable trading book in accordance to Luminant Energy Trading risk management policies and procedures
- Obtains and disseminates market data to energy trading and marketing organizations
- Constructs and offers in Day Ahead unit offers into the relevant RTO markets
- Works with fuels and transmission team in managing fuel optimization and power basis risks
- Uses market knowledge to maximize the profitability of Luminants specific ISO generation fleet intra-month
- Conducts market research and gathers competitive intelligence on supply and demand forces of various NERC regions
- Works with both ISOs and operations to coordinate unit outages
- Assists in Luminant energy trading marketing efforts by providing pricing curves and market intelligence for relevant regions
- Assists Energy professionals to ensure proper tracking and transmission of physical power flows
- Assists physical and financial traders by monitoring short-term electricity prices and transmission flows and taking advantage of market pricing discrepancies
Education Experience & Skill Requirements
- 3 years experience in the trading of financial & physical power flows and wholesale power trading (or related industry knowledge)
- Experience gained through college degree programs and/or certifications is applicable to above skills
- Experience supporting or executing physical and/or financial power transactions including familiarity with deal structuring and risk exposure management
- Strong written and verbal communication skills able to distill complex market dynamics into clear concise analysis for senior leadership and external counterparties
- Strong quantitative and analytical skills with proficiency in Python or similar tools for data analysis and modeling; advanced Excel required
- High degree of intellectual curiosity and independent judgment; comfortable operating with ambiguity and forming views in fast-moving markets
- Achieve maximum profitability of Luminants specific ISO generation fleet intra-month
Job Family
TradingCompany
Luminant Energy Company LLCLocations
Irving TexasTexasWe are a company of people committed to: Exceeding Customer Expectations Great People Teamwork Competitive Spirit and Effective Communication. If this describes you then apply today!
If you currently work for Vistra or its subsidiaries please apply via the internal career site.
It is the policy of the Company to comply with all employment laws and to afford equal employment opportunity to individuals in all aspects of employment including in selection for job opportunities without regard to race color religion sex sexual orientation gender identity pregnancy national origin age disability genetic information military service protected veteran status or any other consideration protected by federal state or local laws.
