REV Renewables · 1 week ago
Head of Trading, West
Houston, TX
Full-time
Onsite
Director/Executive
8+ years expREV Renewables is a leading developer, owner, and operator of renewable energy and energy storage projects across North America. The Head of Trading will lead the West power trading function, optimizing battery energy storage assets and managing bidding strategies while ensuring compliance with regulatory standards.
EnergyEnergy StorageRenewable Energy
Responsibilities
Commercial and P&L responsibility for CAISO book, consisting of 1GW of BESS assets, hedges and structured transactions
Research, develop and evaluate trading strategies and algorithms to maximize profit for all revenue streams (Power, Ancillaries, RA, Renewable products, etc)
Execute trades to hedge and optimize commodity exposures from cash up to 5 years forward
Develop proprietary trading strategies
Manage and develop Power Analyst overseeing day-to-day asset offers and analytics
Represent the company in CAISO working groups, policy forums and conferences
Ensure compliance with Risk Policy, CAISO Tariff, FERC, NERC standards, and CPUC rules
Collaborate with functions across the company including Asset Management, Risk, Finance, M&A and Development
Build and operate analytical, valuation, fundamental and statistical models and tools
Qualification
Required
Bachelor's Degree in a numerate discipline (e.g. Economics, Math, Engineering, Computer Science)
8–10+ years of hands-on experience in power trading/asset optimization, with deep CAISO (or other US ISO) experience
Demonstrated leadership of trading analysts and cross-functional coordination
Advanced analytics skills (e.g. Python, SQL, Excel/VBA); experience in writing/editing code preferred but not required
Strong grasp of ISO market instruments, mechanisms and regulatory frameworks
Ability to manage multiple competing priorities under tight deadlines and sometimes working extended hours in market-sensitive situations
Strategic thinker with strong analytical capabilities, power market knowledge and excellent communication skills
Preferred
Experience with energy storage assets, FTRs, and congestion management a plus
Benefits
Employer-sponsored Medical, Dental, and Vision coverage for employees and their eligible dependents.
Health Reimbursement Arrangement (HRA) and Flexible Spending Accounts (FSA).
Company-paid Life, AD&D, and Long-Term Disability Insurance.
401(k) with employer contributions.
Generous Time Away policies.
Educational Reimbursement for professional development.
Company
REV Renewables
REV Renewables is an industry leader in the development, acquisition, and operation of renewables and energy storage.
51-200 employees
Funding
Current Stage
Growth StageLeadership Team
E
Edward Sondey
Chief Executive Officer
Carolyne Murff
Chief Operating Officer
Recent News
Energy Storage News
2023-02-23
2022-05-16
Company data provided by crunchbase