Real Time Energy Market Trader I

NYPA is excited to announce an opportunity for a full-time energy industry professional to join our Generation Resource Management (GRM) Cohort within the Energy Resource Management (ERM) Department. This position offers a unique professional development experience designed for early-career professionals with a minimum of two years of relevant experience or successfully completed energy/utility educational programs who are seeking to build advanced expertise in energy trading, fuel management, and power/gas market analytics.

The GRM Cohort includes a structured, one-year skill development plan that provides comprehensive exposure to NYPA's GRM functions. Participants will complete four targeted learning modules—Energy Trading Analytics, Fuel Analytics, Fuel Supply, and Real-Time Trading—each designed to build technical proficiency, analytical capability, and operational understanding through a combination of job shadowing, practical exercises, and formal training courses.

• Module 1: Energy Trading Analytics: Learn about NYISO/NYPA reporting requirements, energy/capacity transaction submissions, Regional Greenhouse Gas Initiative (RGGI) and TCC auctions, Renewable Energy Credits (RECs), and generation bidding strategies.
• Module 2: Fuel Analytics: Develop skills in data analysis, predictive modeling, and performance measurement to optimize fuel usage and cost management.  Become proficient in several software platforms including Commodity/Energy Trading and Risk Management (ETRM), DTN and S&P Platts.
• Module 3: Fuel Supply: Gain insight into fuel procurement strategies, market fundamentals, logistics, and risk management techniques to optimize NYPA's fuel supply portfolio.
• Module 4: Real-Time Trading: Learn NYISO real-time market operations, generation bidding procedures, and compliance requirements while also gaining exposure to several software platforms including but not limited to NYISO MIS, NYISO OMS, PowerOptix, ERM Energy Trading Portal, Yes Energy, and Enverus.

The cohort includes cross-departmental training opportunities, site visits, and professional development sessions to foster a comprehensive understanding of NYPA's mission and operations.  This is a permanent, full-time position, not an internship. Upon successful completion of the GRM Cohort, participants will have the opportunity to be placed in area of immediate need or where GRM management feels support is required in an area such as power trading, analytics, or fuel supply. Graduates of the cohort will be well-prepared to engage in the power and natural gas markets, which includes the capability to manage generator assets using NYISO software platforms covering fuel source, energy, ancillary services and capacity.

• Execute daily functions required by NYISO as an LSE, Power Supplier, Transmission Customer & Market Participant 
• Develop, monitor, adjust bids/schedules and forecasts to ensure adherence to strategy, fuel management constraints, contractual obligations & appropriate governance
• Review and analyze market conditions to develop & submit bids for all NYPA assets/portfolios on hourly/daily/forward basis
• Manage NYPA trading tools as appropriate to reduce NYPA exposure to market volatility
• Stay current with NYISO procedures, market issues and reports.
  
   

• Familiar with Wholesale Electricity Market, Fuel Markets and/or associated Financial products.
• Basic business, statistical, financial, analytical and reasoning skills
• Strong analytical and communication skills 
• Able to adapt, multitask and work under pressure
  
   

• Bachelor's degree or required
• Minimum of 2 years of related experience in an analytical role or equivalent combinations of education & experience. 
• Utility or Energy Company experience preferred

Real Time Traders, ability to work a 24/7 12-hour rotation, holidays and weekends.

 

The New York Power Authority is committed to providing fair, competitive, and market-informed compensation. The estimated salary range for this position is: $97,000- $133,100. The salary offered will be determined based on the successful candidates' relevant experience, knowledge, skills, and abilities.

The New York Power Authority and Canal Corporation believes that diversity, equity, and inclusion drive our success, and we encourage women, people of color, LGBTQIA+ individuals, people with disabilities, members of ethnic minorities, foreign-born residents and veterans to apply. As an equal opportunity employer, NYPA/Canals is committed to building inclusive, innovative work environments with employees who reflect communities across New York and enthusiastically serve them. We proudly celebrate diversity and do not discriminate based on race/color, creed/religion, national origin, citizenship or immigration status, age, disability, military status, gender/sex, sexual orientation, gender identity/expression, pregnancy and related conditions, familial/marital status, domestic violence victim status, predisposing genetic characteristics, arrest/criminal conviction record or any other category protected by law. 
 
NYPA/Canals will also provide reasonable accommodations during the hiring process related to candidates' disabilities, pregnancy-related conditions, religious observances/practices and/or domestic violence concerns.  To request an accommodation, please email