ERCOT trader (New York) Job at Selby Jennings, New York, NY

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  • Selby Jennings
  • New York, NY

Job Description

Job Title: ERCOT Power Trader

Location: New York, NY

Position Overview:
We are seeking a highly skilled and commercially driven ERCOT Trader to join our dynamic trading desk at a leading asset management firm in New York City. The ideal candidate will have deep experience in ERCOT energy markets, particularly power trading, and a proven track record of generating alpha through strategic trading and portfolio optimization.

Key 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.

Qualifications:

  • Bachelor's degree in Finance, Economics, Engineering, or a related field; advanced degree or certifications (e.g., CFA, FRM) preferred.
  • 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; experience with Python, R, or SQL is a plus.
  • Demonstrated success in managing risk and delivering consistent trading performance.
  • Excellent communication and collaboration skills.

Job Tags

Part time,

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