AddressWhat You Can Expect
As a Financial Transmission Rights (FRT)/Nodal Senior Trader in Houston, you will report to Head of Congestion desk and deploy nodal trading strategies. Independent System Operator’s (ISO’s) include but not limited to Electric Reliability Council of Texas (ERCOT), Midcontinent Independent System Operator (MISO) and Pennsylvania-New Jersey Interconnection (PJM).
- Deploy fundamentals based nodal trading strategies using Financial Transmission Rights (FTR’s), Congestion Revenue Rights (CRR’s),
- Deploy Point to Point (PTP) and Day ahead basis strategies
- Contribute to fundamental analysis of congestion patterns in above ISO’s
What You’ll Bring
- A minimum of Bachelor’s Degree in which you completed courses in finance, economics, engineering, mathematics or similar discipline
- A minimum of 3 years of ERCOT, MISO, PJM congestion trading experience
- A minimum of 5 years of relevant work experience
- A strong working knowledge of power network topology
- Disciplined risk manager
- Highly analytical thinker and understanding of probability and risks
- Must enjoy problem solving and creating trading opportunities
- Clear and effective communicator
- Willingness to engage in dialogue and debate with colleagues
- Can work autonomously and be flexible
- Experience with Day-Ahead Locational Market Clearing Prices Analyzer (Dayzer) or similar software
- Proficiency in Excel, Python, Structured Query Language (SQL)
Additional Details
- This role is eligible for our hybrid work policy
- Must be willing and able to comply with ENGIE’s policy with respect to COVID vaccination and testing
- Must be willing and able to comply with all ENGIE ethics and safety policies
Compensation
Salary Range: $146,300 – $224,135 USD annually
This represents the average expected pay range for a qualified candidate.
Actual offered salary may depend on geography, experience, industry knowledge, education, internal pay alignment, or other bona fide factors.
ENGIE complies with all federal, state, and local minimum wage laws. Actual salary offered may vary depending on geography, experience, 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 Savings Plan with a company match. But that's not all – we're dedicated to the health and happiness of your entire family, offering supplemental benefits for full time employees that enhance emotional and physical well-being through all stages of life from family forming to caregiver benefits. Explore our benefits package to see how we can support you. Learn more.
Why ENGIE?
ENGIE North America isn’t just participating in the Zero-Carbon Transition, we’re leading it! Join us as we develop energy that is renewable, efficient, and accessible to everyone.
At ENGIE, our goal is to support, promote, and thrive on diversity, equity, and inclusion. We do so for the benefit of our employees, customers, products and services, and community. ENGIE is proud to be an equal opportunity workplace, and we are firmly committed to creating an equitable and inclusive environment for all employees.
We are committed to providing employees with a work environment free of discrimination and harassment. All qualified applicants will receive consideration for employment without regard to race, color, sex, sexual orientation, gender identity, religion, national origin, disability, veteran status, or other legally protected status.
If you need assistance with this application or a reasonable accommodation due to a disability, you may contact us at ENGIENA-ENGIEHR@engie.com. This email address is reserved for individuals with disabilities in need of assistance and is not a means of inquiry regarding positions or application status.
This role is eligible for sponsorship.
The safety of our employees is our number one priority. All employees at ENGIE have both a duty and the authority to STOP WORK if unsafe acts are observed.
