ERCOT Trader

Job Description:

Statkraft is a leading company in the renewable energy sector, and we are seeking an experienced ERCOT trader to join our team. As a key member of our Proprietary Trading department, you will be responsible for conducting thorough analysis of the ERCOT market, including supply and demand forecasts, price trends, and market fundamentals.

Key Responsibilities:

• Market Analysis: Conduct thorough analysis of the ERCOT market, including supply and demand forecasts, price trends, and market fundamentals.
• Trading Execution: Execute trades in the real-time and day-ahead markets, optimizing portfolios to maximize profitability while managing risks.
• Risk Management: Identify, assess, and mitigate trading risks. Ensure adherence to risk management policies and procedures.
• Strategy Development: Develop and implement trading strategies based on market analysis and forecasts. Continuously improve strategies to adapt to market changes.
• Collaboration: Work closely with other members of the team to ensure aligned strategies and compliance. Communicate market insights and trading performance to senior management.

Requirements:

• University degree in Mathematics, Economics, Science or similar
• Proven track record in fundamental analysis of the Power markets
• Strong analytical and quantitative skills
• Proficiency in trading platforms and analytical tools
• Excellent understanding of ERCOT market rules and regulations
• Ability to make quick decisions under pressure
• Strong communication and interpersonal skills
• Detail-oriented with strong organizational skills

What We Offer:

• A career with Statkraft is a career filled with purpose – meaning that every employee is not just making a living, they are making a real difference to the planet, our communities and the future.
• Unlimited learning opportunities at various levels of the organisation
• The chance to grow your career alongside a truly global network of experts, leaders, specialists and graduates from different countries and backgrounds.
• The opportunity to work somewhere with pride, and to be able to honestly say 'My work is contributing to saving the planet'.
• Being part of a company proudly certified as a 'Great Place to Work'.

Additional Information:
Statkraft manages critical infrastructure and services in several countries. The applicant must be eligible for security clearance and authorisation.

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