Trader Junior

What You Can Expect

ENGIE Supply & Energy Management (SEM) is responsible for managing the portfolio of gas, electricity, congestion revenues rights and environmental products for ENGIE, across geographies. More recently, SEM has extended his scope to also manage all the market risks (energy, congestion, RECs, ancillaries) generated by the Renewable and Battery Storage Assets owned by ENGIE North America, which includes wind farms, solar farms, and storage units. The Power Portfolio Management team is precisely the group in charge of these activities.

 

The Asset Backed Trading group is responsible for the pricing and managing the risks associated with the power generation and retail business across the United States. We are looking for a Trader to join the team to build quantitative trading strategies in Southwest Power Pool (SPP), Midcontinent Independent System Operator (MISO) and Pennsylvania-New Jersey-Maryland Interconnection (PJM) designed to optimize asset performance in Day-Ahead (DA) and Real-Time (RT) markets.

 

We are looking for a highly skilled Trader to join our growing team. As a Trader in Houston, TX, you will report to the Head of Asset Backed Trading. You will be responsible for optimizing battery, solar, wind, and supply exposure to DA and RT markets across Electric Reliability Council of Texas (ERCOT).

 

• Execute trades in DA and RT markets within ERCOT
• Analyze market trends, price movements, and supply-demand dynamics to identify trading opportunities
• Develop and implement trading strategies to optimize portfolio performance
• Monitor and manage risk associated with trading activities
• Collaborate with the analytics team to enhance trading models and tools
• Utilize Python or R to automate trading processes and improve efficiency
• Prepare and present trading reports and performance analysis to senior management

 

 

 

What You’ll Bring

• Bachelor's degree in which you completed courses in Finance, Economics, Engineering, or a related field
• Minimum of 2 years of experience in power market trading, specifically in SPP, MISO, and/or PJM
• Proven track record of successful DA/RT spread trading
• Strong coding skills in Python or R
• Excellent analytical and problem-solving abilities
• Ability to work under pressure and make quick decisions.
• Strong communication and teamwork skills
• Familiarity with relational database platform (Oracle, MS SQL, Postgres)
• Experience in collaborative software development environment (version tracking with Git, code reviews)
• Ability to write clean, maintainable, tested and shippable production code
• Ability to cooperate with other engineers and focus on team goals
• Ability to handle multiple assignments on a timely basis with a high degree of accuracy
• Ability to meet highest attendance requirements
• Ability to communicate effectively, both written and verbally

Additional Details

This role is eligible for our hybrid work policy; working 4 days in the office

Must be willing and able to comply with all ENGIE ethics and safety policies;

 

Compensation

Salary Range: $113,900 – $174,570 USD annually

 

This represents the average expected pay range for a qualified candidate.

 

ENGIE complies with all federal, state, and local minimum wage laws. Actual offered salary may depend on geography, experience, industry knowledge, education, internal pay alignment, or other bona fide factors.

 

In addition to base pay, this position is eligible for a competitive bonus / incentive plan.

 

Your Talent Acquisition Partner can share more specific information regarding the benefits or the salary for the position based on the work location

 

At ENGIE, we take your well-being seriously. Our comprehensive benefits package includes options for medical, dental, vision, life insurance, employer-paid short-term and long-term disability insurance, ESPP, generous paid time off including wellness days, holidays and leave programs. We also help you plan for retirement by offering a 401(k) Retirement