Senior Energy Trader

5 days ago


Portland, Oregon, United States Gridstor Full time
Job Overview

GridStor is seeking a highly skilled Senior Energy Trader to join our team in Portland, Oregon. As a key member of our trading team, you will be responsible for trading, scheduling, and managing the risk of GridStor's ERCOT trading portfolio. This is a unique opportunity to work with a rapidly growing, grid-scale energy storage developer and owner/operator backed by Goldman Sachs Asset Management.

Key Responsibilities
  1. Execute trading strategies, analyze market fundamentals, and manage risk to ensure compliance with regulatory requirements.
  2. Identify opportunities and react to current market conditions by executing transactions in coordination with resource capabilities, including buy/sell commitments for day-ahead, real-time, and ancillary services markets.
  3. Monitor variables including supply/demand, weather, development, and structural risks that influence pricing, availability, and exposures.
  4. Work with Origination, Analytics, and Risk teams to analyze and evaluate complex transactions to ensure that risks and benefits are appropriately identified and priced, as well as the contractual terms are favorable to and consistent with company risk policies.
  5. Collaborate with Analytics, IT, and third-party vendors to develop, enhance, and maintain the optimization and analysis tools required for effective trading.
  6. Work with Asset management and Engineering teams to coordinate asset maintenance schedules and submit and/or adjust outage tickets as needed.
  7. Contribute to risk management to align trading strategies with overall company risk policies and continuously make recommendations on the appropriate risk approach as the business grows and the market evolves.
Requirements
  • Bachelor's degree or equivalent.
  • 5+ years of experience in trading ISO products with an emphasis on ERCOT.
  • In-depth knowledge of power market fundamentals, with a strong understanding of physical energy and ancillary markets.
  • Experience with CAISO market is a plus.
  • Solid understanding of gas infrastructure is a plus.
  • Ability to work under pressure and make quick decisions.
  • Strong team player with the ability to take initiative and work independently.
What We Offer
  • Competitive base salaries commensurate with experience, with an annual cash bonus (based on company and individual performance).
  • Employee participation in a Long Term Incentive Plan.
  • Generous paid leave.
  • Comprehensive benefits package including medical, dental, vision, life, and disability insurance, including coverage for domestic partners and eligible domestic partner children.
  • HSA/FSA for participating employees.
  • 401(k) plan with company match and immediate vesting.
  • Continuing education and professional development.
  • Cellphone reimbursement, healthy snacks, lunch stipend, company outings, and more.


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