ERCOT trader jobs in United States
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Selby Jennings ยท 1 month ago

ERCOT trader

Selby Jennings is a leading asset management firm in New York City, seeking a highly skilled ERCOT Trader to join their dynamic trading desk. The role involves executing and managing power trades within ERCOT, developing trading strategies, and collaborating with analysts to optimize portfolio performance.

BankingEmploymentRecruiting
Hiring Manager
Kaley Pichura
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Responsibilities

Execute and manage power trades within ERCOT and potentially other U.S. markets
Develop and implement trading strategies to optimize portfolio performance and manage risk specific to ERCOT's unique market structure
Monitor ERCOT market fundamentals, including supply-demand dynamics, congestion patterns, transmission constraints, and regulatory developments
Collaborate with analysts and portfolio managers to align trading decisions with broader investment objectives
Utilize quantitative tools and models to identify trading opportunities and assess ERCOT market conditions
Maintain compliance with internal risk limits and ERCOT-specific regulatory requirements
Contribute to the development of proprietary trading systems and analytics platforms tailored for ERCOT

Qualification

ERCOT market experiencePower tradingRisk managementTrading platforms proficiencyAnalytical tools proficiencyPythonRSQLCFAFRMCommunication skillsCollaboration skills

Required

Bachelor's degree in Finance, Economics, Engineering, or a related field
5-12 years of experience in power trading, with significant exposure to ERCOT markets
Strong understanding of ERCOT's market design, nodal pricing, and regulatory environment
Proficiency in trading platforms and analytical tools
Demonstrated success in managing risk and delivering consistent trading performance
Excellent communication and collaboration skills

Preferred

advanced degree or certifications (e.g., CFA, FRM)
experience with Python, R, or SQL

Company

Selby Jennings

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Global recruitment firm specialising in Banking

Funding

Current Stage
Late Stage
Company data provided by crunchbase