Energy Trading and Market Specialist
3 weeks ago
**Overview of Boston Energy Trading and Marketing**
Boston Energy Trading and Marketing (BETM) is a subsidiary of Mitsubishi Corporation, a global integrated business enterprise that develops and operates businesses across virtually every industry. We provide asset management and optimization services to owners of generation and energy storage in North America.
Job Description
As a Senior Energy Trader at BETM, you will be responsible for generating profit in power and natural gas markets through proprietary trading and/or asset optimization. You will serve as the company's primary interface to energy markets, responsible for providing expert market information, opinions, and pricing. You will also assist in managing merchant risk exposure for BETM and DGC financial and physical power assets.
Key Responsibilities
- Generate profits through proprietary trading and/or asset optimization
- Provide expert market information, opinions, and pricing
- Manage merchant risk exposure
- Develop and maintain counter-party and broker relationships
- Work closely with Analytics Group to develop and maintain research and analysis tools
Requirements and Qualifications
To be successful in this role, you will need 5+ years of work experience in the energy industry and a Bachelor's Degree in Economics or quantitative hard science. A Master's Degree is preferred. You should have proficiency in Excel, Power Point & Other MS Office Applications and practical experience with Python, R, MATLAB, SQL to retrieve, process and model data is a plus.
Salary and Compensation
The salary range for this position is $120,000 - $180,000 per year, depending on experience. In addition to your salary, you will receive a comprehensive benefits package including health insurance, 401(k), and paid time off.
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