Energy Trading Expert
3 days ago
Boston Energy Trading and Marketing offers a competitive salary range of $120,000 - $180,000 per annum for this role.
About the Role:
This is an exciting opportunity to join our team as a Senior Energy Trader at Boston Energy Trading and Marketing. As a key member of our trading desk, you will be responsible for generating profit in power and natural gas markets through proprietary trading and/or asset optimization.
The ideal candidate will have extensive spot and term trading experience in North American power (PJM, NYISO, ERCOT, WECC, etc.) and natural gas markets (NYMEX and regional) with forwards, swaps, options in directional and spread (time, basis, HRCO, Spark) products.
You will also possess strong knowledge of the energy markets, including supply and demand balance, expert knowledge of power transmission and gas pipeline systems, physical power and gas movements, market regulations, and operations.
We are looking for a skilled professional who can develop and successfully execute trading strategies, manage merchant risk exposure, and maintain up-to-date knowledge of industry regulations and potential changes that may affect the markets.
Key Responsibilities:
- Generates profit in power and natural gas markets through proprietary trading and/or asset optimization
- Serves as the company's primary interface to energy markets responsible for providing expert market information, opinions, and pricing
- Assists in managing merchant risk exposure for BETM and DGC financial and physical power assets
- Develops and maintains counter-party and broker relationships required to provide the company with maximum market coverage and market intelligence
This position requires 5+ years of work experience in the energy industry and a Bachelor's Degree in Economics or a quantitative hard science. A Master's Degree is preferred.
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