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Job Summary
This full-time position supports the companys environmental trading activities through market execution pricing analysis hedge implementation and portfolio optimization across environmental and related energy products in CAISO PJM MISO ERCOT NYISO and ISONE. The role is expected to identify trading strategies while partnering with power trading desk and retail sales team. The role is responsible for executing trades and providing commercial acumen for a portfolio that cost of 10M RECs retired and 13M CO2 allowances on an annual basis.
Job Description
Key Accountabilities
Execute trading activity across environmental products (RECs CO2 SO2 NOx EFECs)
Monitor market prices liquidity regulatory developments supply-demand fundamentals and competitive dynamics affecting environmental positions.
Assist in the retirement of RECs and emissions credits
Maintain position tracking pricing models exposure reporting and market recaps.
Work with Government Affairs to track and assess regulatory and legislative changes affecting environmental products and communicate commercial implications to the broader team.
Support retails green product offering by providing commercial acumen and pricing non-standard environmental products
Support process improvements in reporting analytics and trading desk workflows.
Education Experience & Skill Requirements
3 years of relevant experience in environmental markets energy trading commodity trading risk or commercial market analysis.
Direct experience in RECs carbon emissions products or regulated environmental programs
Experience trading/supporting/analyzing environmental products or related energy commodities.
Strong understanding of commodity markets market drivers and trade execution processes.
Familiarity with hedging concepts and exposure to swaps and options.
Strong communication and commercial decision-making skills.
Bachelors degree in finance economics business engineering energy management environmental studies or a related field.
Strong analytical skills and proficiency in Excel and market reporting tools.
Key Metrics
Ensure that all required environmental allowances are available to meet retirements for emission (RECs CO2 SO2 NOx EFECs)
Perform P&L and position integrity and accuracy daily
Develop and maintain pricing and position models used to inform strategies
Track and assess regulatory and legislative changes
Collaborate with the retail team on pricing and product development
Job Family
Trading
Company
Luminant Energy Company LLC
Locations
Irving Texas
Texas
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