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ERCOT Trader

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Statkraft

16d ago

  • Job
    Full-time
    Junior Level
  • Banking & Finance
  • Stamford
  • Quick Apply

Requirements

  • University degree in Mathematics, Economics, Science or similar
  • Proven track record in fundamental analysis of the Power markets
  • Strong analytical and quantitative skills.
  • Proficiency in trading platforms and analytical tools.
  • Excellent understanding of ERCOT market rules and regulations.
  • Ability to make quick decisions under pressure.
  • Strong communication and interpersonal skills.
  • Detail-oriented with strong organizational skills.
  • Coding skills (python) is a plus

Responsibilities

  • This will be a full time position based in Stamford, Connecticut, reporting into the Head of Power & Gas. You will support the growth of our business whilst owning the following responsibilities:
  • Market Analysis: Conduct thorough analysis of the ERCOT market, including supply and demand forecasts, price trends, and market fundamentals.
  • Trading Execution: Execute trades in the real-time and day-ahead markets, optimizing portfolios to maximize profitability while managing risks.
  • Risk Management: Identify, assess, and mitigate trading risks. Ensure adherence to risk management policies and procedures.
  • Strategy Development: Develop and implement trading strategies based on market analysis and forecasts. Continuously improve strategies to adapt to market changes.
  • Collaboration: Work closely with other members of the team to ensure aligned strategies and compliance. Communicate market insights and trading performance to senior management.
  • Technology Utilization: Utilize trading platforms, analytical tools, and software to support trading activities. Stay updated on technological advancements in the market.
  • Continuous Improvement: Monitor market developments and industry trends.

Providing pure energy

Energy
Industry
5001-10,000
Employees
1895
Founded Year

Mission & Purpose

Statkraft is a leading company in hydropower internationally and Europe’s largest generator of renewable energy. The Group produces hydropower, wind power, solar power, gas-fired power and supplies district heating. Statkraft is a global company in energy market operations. Statkraft has over 5,300 employees in 21 countries.