PJM Trader – Supply
$120,000–$175,000 year
On-siteHouston, Texas, United States
Job Summary
Develop and execute profitable trading positions in the Northeast power markets, predominantly within a 1–3-month period. Manage daily and prompt month physical power positions from REP marketing and generation offtake agreements. Assist internal departments such as Risk, IT, and Accounting to ensure deals are managed according to their intent. Build and maintain relationships with third parties to increase Hanwha Energy's presence in the assigned region. Support fundamental market research by monitoring developments impacting supply and demand. Handle bilateral purchases and sales, ISO bidding, scheduling, and congestion management across load and generation assets. Maintain price curves including implied hourly scalers and scarcity premiums while adhering to corporate risk management policies. Collaborate with traders, analysts, and operational teams to share insights and refine strategies. Provide timely reports on trading activities, market conditions, and profit/loss analysis.
Required Qualifications
- 3+ years of related trading work experience in Energy industry, specifically PJM
- Bachelor's degree in finance, Economics, Engineering, or a related field
- Strong understanding of power markets, electricity pricing, and the factors influencing congestion
- Expertise in power market dynamics, including day-ahead, real-time, and forward markets
- Strong analytical skills, with the ability to process and interpret complex market data
- Proficiency in trading platforms and financial modeling tools used by energy markets (e.g., Dayzer)
- Understanding of market regulations and compliance requirements
- Experience with ETRM systems
- Demonstrate strong knowledge of power fundamentals and market rules/structure
- Strong aptitude for problem solving and multitasking
- Self-motivated and ability to work in a collaborative environment where teamwork and independent work ethic is essential
- Deadline-oriented with an ability to prioritize tasks
- Strong decision-making skills in a fast-paced, dynamic environment
- Strong proficiency in Microsoft Office Suite Apps: Excel, Access, PowerPoint
- Eligible to work in the USA for any employer without sponsorship
Desired Qualifications
- An advanced degree (e.g., MBA, Master's in Energy Economics)
- Familiarity with transmission system operations, power flow modeling, and grid reliability standards
- Proficiency with programming languages (e.g., Python, SQL) for data analysis and modeling
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