Summary
The Real-Time Energy Market Trader I will play a critical role in optimizing the New York Power Authoritys (NYPA) diverse generation portfolio in the NYISO real-time market. This position involves the development of bidding strategies for energy and ancillary services for NYPAs generation assets including fossil fuel and hydropower facilities to optimize revenue while ensuring compliance with market rules and operational requirements. Key responsibilities include purchasing and managing natural gas and fuel oil supplies for NYPAs fossil fuel plants optimizing hydro reservoir storage and responding to market conditions and trends. The trader will assess resource availability market pricing and implement strategies to ensure efficient cost-effective operation.
The successful candidate will coordinate closely with internal stakeholders including System Operators Fuel Supply and Plant Operations teams as well as external entities such as the NYISO to ensure reliable unit availability and alignment during planned or unplanned outages. This role requires working 12-hour shifts (including nights/weekends/holidays) exceptional decision-making skills strong communication abilities and a deep understanding of energy markets and fuel management. As a member of NYPAs trading team the Real-Time Energy Market Trader will contribute to advancing the authoritys mission of delivering affordable clean and reliable energy to New Yorkers. #LI-VB1
Responsibilities
- Execute daily functions required by NYISO as an LSE Power Supplier Transmission Customer & Market Participant
- Develop monitor adjust bids/schedules and forecasts to ensure adherence to strategy fuel management constraints contractual obligations & appropriate governance
- Review and analyze market conditions to develop & submit bids for all NYPA assets/portfolios on hourly/daily/forward basis
- Manage NYPA trading tools as appropriate to reduce NYPA exposure to market volatility
- Stay current with NYISO procedures market issues and reports.
Knowledge Skills and Abilities
- Familiar with Wholesale Electricity Market Fuel Markets and/or associated Financial products.
- Basic business statistical financial analytical and reasoning skills
- Strong analytical and communication skills
- Able to adapt multitask and work under pressure
Education Experience and Certifications
- Bachelors degree or required
- Minimum of 2 years of related experience in an analytical role or equivalent combinations of education & experience.
- Utility or Energy Company experience preferred
Physical Requirements
Real Time Traders ability to work a 24/7 12-hour rotation holidays and weekends.
The New York Power Authority is committed to providing fair competitive and market-informed compensation. The estimated salary range for this position is: $99000-$136400. The salary offered will be determined based on the successful candidates relevant experience knowledge skills and abilities.
The New York Power Authority and Canal Corporation believes that diversity equity and inclusion drive our success and we encourage women people of color LGBTQIA individuals people with disabilities members of ethnic minorities foreign-born residents and veterans to apply. As an equal opportunity employer NYPA/Canals is committed to building inclusive innovative work environments with employees who reflect communities across New York and enthusiastically serve them. We proudly celebrate diversity and do not discriminate based on race/color creed/religion national origin citizenship or immigration status age disability military status gender/sex sexual orientation gender identity/expression pregnancy and related conditions familial/marital status domestic violence victim status predisposing genetic characteristics arrest/criminal conviction record or any other category protected by law.
NYPA/Canals will also provide reasonable accommodations during the hiring process related to candidates disabilities pregnancy-related conditions religious observances/practices and/or domestic violence concerns. To request an accommodation please email.
Summary The Real-Time Energy Market Trader I will play a critical role in optimizing the New York Power Authoritys (NYPA) diverse generation portfolio in the NYISO real-time market. This position involves the development of bidding strategies for energy and ancillary services for NYPAs generation as...
Summary
The Real-Time Energy Market Trader I will play a critical role in optimizing the New York Power Authoritys (NYPA) diverse generation portfolio in the NYISO real-time market. This position involves the development of bidding strategies for energy and ancillary services for NYPAs generation assets including fossil fuel and hydropower facilities to optimize revenue while ensuring compliance with market rules and operational requirements. Key responsibilities include purchasing and managing natural gas and fuel oil supplies for NYPAs fossil fuel plants optimizing hydro reservoir storage and responding to market conditions and trends. The trader will assess resource availability market pricing and implement strategies to ensure efficient cost-effective operation.
The successful candidate will coordinate closely with internal stakeholders including System Operators Fuel Supply and Plant Operations teams as well as external entities such as the NYISO to ensure reliable unit availability and alignment during planned or unplanned outages. This role requires working 12-hour shifts (including nights/weekends/holidays) exceptional decision-making skills strong communication abilities and a deep understanding of energy markets and fuel management. As a member of NYPAs trading team the Real-Time Energy Market Trader will contribute to advancing the authoritys mission of delivering affordable clean and reliable energy to New Yorkers. #LI-VB1
Responsibilities
- Execute daily functions required by NYISO as an LSE Power Supplier Transmission Customer & Market Participant
- Develop monitor adjust bids/schedules and forecasts to ensure adherence to strategy fuel management constraints contractual obligations & appropriate governance
- Review and analyze market conditions to develop & submit bids for all NYPA assets/portfolios on hourly/daily/forward basis
- Manage NYPA trading tools as appropriate to reduce NYPA exposure to market volatility
- Stay current with NYISO procedures market issues and reports.
Knowledge Skills and Abilities
- Familiar with Wholesale Electricity Market Fuel Markets and/or associated Financial products.
- Basic business statistical financial analytical and reasoning skills
- Strong analytical and communication skills
- Able to adapt multitask and work under pressure
Education Experience and Certifications
- Bachelors degree or required
- Minimum of 2 years of related experience in an analytical role or equivalent combinations of education & experience.
- Utility or Energy Company experience preferred
Physical Requirements
Real Time Traders ability to work a 24/7 12-hour rotation holidays and weekends.
The New York Power Authority is committed to providing fair competitive and market-informed compensation. The estimated salary range for this position is: $99000-$136400. The salary offered will be determined based on the successful candidates relevant experience knowledge skills and abilities.
The New York Power Authority and Canal Corporation believes that diversity equity and inclusion drive our success and we encourage women people of color LGBTQIA individuals people with disabilities members of ethnic minorities foreign-born residents and veterans to apply. As an equal opportunity employer NYPA/Canals is committed to building inclusive innovative work environments with employees who reflect communities across New York and enthusiastically serve them. We proudly celebrate diversity and do not discriminate based on race/color creed/religion national origin citizenship or immigration status age disability military status gender/sex sexual orientation gender identity/expression pregnancy and related conditions familial/marital status domestic violence victim status predisposing genetic characteristics arrest/criminal conviction record or any other category protected by law.
NYPA/Canals will also provide reasonable accommodations during the hiring process related to candidates disabilities pregnancy-related conditions religious observances/practices and/or domestic violence concerns. To request an accommodation please email.
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Job Location:
Monthly Salary:
$ 99000 - 136400
Posted on:
6 hours ago
Vacancies:
1 Vacancy
