Energy Transfer · 1 day ago
FTR Power Trader - PJM/MISO Market
Overland Park, KS
Full-time
Onsite
Mid, Senior Level
2+ years expEnergy Transfer is seeking a Financial Transmission Rights (FTR) Power Trader specializing in the PJM/MISO market. The role involves developing and executing trading strategies to maximize profitability while managing risk in the FTR markets, requiring deep knowledge of market mechanics and analysis of trading opportunities.
EnergyOil and GasRenewable Energy
Responsibilities
Research and model electricity market supply, demand, and grid congestion fundamentals to identify profitable trading opportunities in the PJM/MISO FTR markets
Develop sophisticated trading strategies based on thorough analysis of historical congestion patterns, transmission outages, and market conditions. In addition, it is essential to implement strategic power flow analysis for the continual integration of new power generation into the grid
Monitor variables that influence pricing, availability, and reliability of power resources across the PJM/MISO footprint
Analyze and evaluate complex energy transactions and their impacts on FTR positions
Integrate quantitative analysis and techniques into fundamental trading strategies to optimize portfolio construction and outcomes
Execute FTR transactions in Long-term FTR Auctions, Annual FTR Auctions, Monthly FTR Auctions, and the FTR Secondary market via FTR Center
Submit strategic bids and offers for FTRs that align with the company's risk tolerance and portfolio strategy. Actively manage existing FTR positions through secondary market transactions to maximize value and mitigate risk
Coordinate with other trading desks to ensure FTR positions complement the overall energy trading strategy
Maintain detailed records of all trading activities and provide regular performance reports
Establish and maintain robust risk management practices for FTR trading activities
Develop hedging strategies to mitigate congestion risk exposure
Monitor and report on portfolio positions, mark-to-market valuations, and risk metrics
Ensure all trading activities comply with company risk policies and regulatory requirements
Stay current on PJM/MISO transmission system developments, rule changes, and market conditions
Analyze the impact of renewable generation projects, power plant retirements, and transmission upgrades on congestion patterns
Build and maintain relationships with key market participants and PJM/MISO stakeholders
Collaborate with internal teams to share market intelligence and coordinate strategies
Qualification
Required
Bachelor's degree in finance, Economics, Engineering, Mathematics, or related field; Master's degree preferred
Minimum of 2-5 years of power trading experience with specific focus on FTR/CRR markets
Demonstrated success in FTR trading strategies and portfolio management
Strong understanding of PJM/MISO market structure, rules, and settlement processes
In-depth knowledge of Financial Transmission Rights mechanisms, including options and obligations
Expertise in congestion analysis and transmission system constraints in the PJM/MISO region
Proficiency with FTR Center and other PJM/MISO market interfaces
Experience with power flow modeling tools such as Enverus and Panorama
Advanced skills in data analysis and financial modeling using Excel, Python, R, or similar tools
Understanding of production cost modeling for electricity markets
Strong analytical mindset with ability to identify patterns and opportunities in complex data sets
Decision-making skills under time pressure and market uncertainty
Excellent communication skills to articulate trading strategies and results to management
Self-motivated with ability to work independently while contributing to team objectives
Detail-oriented approach to transaction execution and risk management
Company
Energy Transfer
Energy Transfer LP (NYSE: ET) owns and operates one of the largest and most diversified portfolios of energy assets in the United States, with more than 125,000 miles of pipeline and associated energy infrastructure.
10001+ employees
H1B Sponsorship
Energy Transfer has a track record of offering H1B sponsorships. Please note that this does not
guarantee sponsorship for this specific role. Below presents additional info for your
reference. (Data Powered by US Department of Labor)
Distribution of Different Job Fields Receiving Sponsorship
Represents job field similar to this job
Trends of Total Sponsorships
2025 (12)
2024 (15)
2023 (7)
2022 (3)
2021 (4)
2020 (10)
Funding
Current Stage
Public CompanyTotal Funding
$20.24BKey Investors
Stephens Group
2026-01-12Post Ipo Debt· $3B
2025-08-11Post Ipo Debt· $2B
2025-02-18Post Ipo Debt· $3B
Leadership Team
T
Thomas Long
Co-Chief Executive Officer
L
Leanne Campbell
Vice President Legal
Recent News
2026-01-13
2026-01-13
2026-01-06
Company data provided by crunchbase