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SENIOR FTR TRADER

Date: Nov 3, 2017

Location: Boston, MA, US

Company: nrg

NRG is leading a customer-driven change in the U.S. energy industry by delivering cleaner and smarter energy choices, while building on the strength of the nation’s largest and most diverse competitive power portfolio. A Fortune 200 company, we create value through reliable and efficient conventional generation while driving innovation in solar and renewable power, electric vehicle ecosystems, carbon capture technology and customer-centric energy solutions. Our retail electricity providers serve almost 3 million residential and commercial customers throughout the country. More information is available at www.nrg.com. Connect with NRG Energy on Facebook and follow us on Twitter @nrgenergy.

Job Summary:

 

The role of the Senior FTR Trader is research and modeling of supply and demand fundamentals and grid congestion in nodal ISO markets.  BETM participates in all nodal power markets, with a focus on congestion trading and near-term futures markets.  The Senior FTR Trader will work closely with a team of energy trading professionals from diverse backgrounds that include economics, operations research, physics, electrical engineering, public policy and business, and have the opportunity to develop highly technical expertise in the field of energy economics and trading in electricity markets.  As a top trading shop in electricity markets that are very technical and dynamic, Boston Energy Trading and Marketing (BETM) is an ideal place to learn and see real world trading and energy markets in action.

 

Role and Responsibilities

 

The ideal candidate is someone with very strong quantitative and research skills, who is looking to work in a small, dynamic environment where their efforts are directly tied to commercial decisions and outcomes.  The candidate should be extremely adept at communicating information and analyses transparently.  They should be comfortable making hypotheses and judgments from incomplete information and learning from that experience.

 

The Senior FTR Trader will build and manage models intended to predict electricity market prices and identify potential trading opportunities. Experience with Optimal Power Flow (OPF) models or electricity market simulation tools (such as Powerworld, PROMOD, UPLAN, GridView, GE MAPS, DAYZER, Plexos, Aurora etc) is helpful, but not required.  The Senior FTR Trader would ideally also be self-sufficient in accessing, managing and dissecting voluminous data on the power markets and constantly improving and calibrating our modeling efforts to real world outcomes. Tasks/Responsibilities may include:

 

  • Research and modeling of electricity market supply, demand and grid congestion fundamentals for daily trading and to assess longer-term trends
  • Maintaining, executing and calibrating power flow optimization models
  • Working with a team to implement systematic congestion analysis and valuation using tools such as optimal power flow (OPF)
  • Performing general quantitative analyses and econometric studies of energy markets
  • Tracking and analyzing electricity markets, and communicating efficiently regarding market conditions
  • Data mining and analysis to identify commercial opportunities

 

Minimum Requirements:

 

  • Bachelor’s degree in Mathematics, Economics or a related quantitative discipline
  • Minimum of 2 years of experience in a consulting or commercial role within electricity markets
  • Team-oriented and collaborative
  • Must be effective working in a fast-paced team environment, and able to see projects through to completion

 

Preferred Qualifications

 

  • Masters or Ph.D. in Electrical Engineering, Economics, Math Physics or other quantitative disciplines
  • Proficiency with programming tools such as Python, visual basic and SQL or other analysis supporting programming tools is strongly desired. 
  • Spanish speaking is a plus.

 


NRG Energy is committed to a drug and alcohol free workplace.  To the extent permitted by law and any applicable collective bargaining agreement, employees are subject to periodic random drug testing, and post-accident and reasonable suspicion drug and alcohol testing. EOE AA M/F/Protected Veteran Status/Disability
EEO is the Law Poster (The poster can be found at http://www.eeoc.gov/employers/upload/poster_screen_reader_optimized.pdf)

Level, Title and/or Salary may be adjusted based on the applicant's experience or skills.

Official description on file with Human Resources


Nearest Major Market: Boston

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