Top 1 Active power Jobs

Nodal Trader
Active Power Investments —United States
- Remote
- Office
- Finance
- SQL
Quick Apply

Check out these similar jobs

Based on your search for active power jobs.

Term Power Trader - West
Shell —San Diego, CA
Articulate market views, positions, and PnL drivers clearly to leadership and contribute to desk-level strategy development.
$160,000 - $240,000 a year
Power Congestion Trader - PJM - EVERGREEN
ENGIE —Houston, TX
You will develop opportunities to generate new revenue streams such as deal flows and virtual markets. A minimum of Bachelor’s degree in which you completed…

I want to receive the latest job alert for active power

By signing in to your account, you agree to SimplyHired's Terms of Service and consent to our Cookie and Privacy Policy.

Explore jobs in more locations

active power jobs near

Trader Joes jobs in W Toluca Lake, CA

Trader Joes jobs in Yorba Linda, CA

Hedge Fund Trader jobs in New York State

Trader Joes jobs in Vista, CA

Day Trader jobs in New York, NY

Trader Joe's jobs in Sunnyvale, CA

Trader Joes jobs in Claremont, CA

Trader Joes jobs in Oak Park, IL

Nodal Trader

Active Power Investments
United States

Quick Apply

Job Details

Qualifications

Algorithmic trading
MATLAB
Economics
Statistics
Wolfram Mathematica
Trading risk assessments
Commodities analysis
C#
R
Futures trading
Finance
SQL
Analysis skills
Forecasting
VBA
Simulation tools
Senior level
Portfolio risk management
Electrical Engineering
Quantitative investment strategy
Communication skills
Python
Derivatives analysis
Statistical analysis tools
Demand and supply analysis

Full Job Description

About us:

Active Power Investments LLC is looking for bright individuals to join our team of traders, who are developing strategies and models, which they use for trading in various Independent System Operator (ISO) markets, such as CAISO, ERCOT, MISO, NYISO, PJM, and SPP, and on exchanges, such as ICE and CME, which offer related energy and commodities products. We trade virtual transactions (VTs), participate in Financial Transmission Rights (FTRs) / Congestion Revenue Rights (CRRs) auctions and in related energy trading of electric power and natural gas futures and exchange-traded derivatives. We have a flexible and distributed working environment, combining office and remote work, to maximize each individual’s potential.

About you:

You are motivated by the opportunity for professional growth in a multi-disciplinary and fast-paced environment. You are excited about the challenges of a cutting-edge energy and commodities trading business. You find satisfaction working for an energy trading company intensely focused on searching for and finding opportunities in a variety of energy and commodities markets. You rise to the challenge of executing complex tasks necessitated by constantly changing market conditions. You have the tenacity to follow a set of complex controls that ensure smooth trade execution and proper risk management.

Requirements

You may significantly contribute to any of the following -

Improve the performance of the current Point-to-Point Obligation Bid (PTP) and daily spread trading program in terms of both profitability and volume, while complying with the Company’s risk metrics.
Advance the virtual trading of supply (INCs) and demand (DECs) based on fundamentals such as weather patterns, load, unit outages, and transmission outages.
Construct profitable FTR/CRR portfolios, both monthly and longer term.
Develop the power flow simulator based analysis programs for trading PTPs, VTs, and FTRs / CRRs.
Complement the nodal trading with trading natural gas and electric power futures and other exchange-traded derivatives on commodity exchanges.
Make sure that any such trading respects risk limits.
Assist with improving the current risk metrics to be as accurate as possible in capturing risks inherent in nodal and futures / options trading.
Assess and report on the effectiveness of our current risk measurement and management procedures.
You are expected to be able to independently run a profitable trading book, net of all the relevant expenses (aka seat costs).

Your Skills include a number of the following:

Ability to work as part of a team as well as independently with multiple projects under tight deadlines.
Excellent written and verbal communication skills.
Direct experience with the nodal markets and/or futures markets.
Understanding of the ISO transmission systems.
Knowledge of the ISO supply stacks.
Experience with power flow simulation in PowerWorld or a similar tool.
Experience with the analysis of supply and demand in the ISO and futures markets.
Experience with producing or ability to utilize short-term and long-term price forecasts of natural gas and electricity prices at various settlement points for profitable trading.

You also may have:

Programming experience in either of VBA, C#, Matlab, Mathematica, SQL, R, Python.
An advanced degree in Electrical Engineering, Statistics, Financial Engineering, Finance, Mathematical and Computational Finance, Economics, or other similar quantitative discipline.

Quick Apply

Refine Your Search

active power jobs

Nodal Trader

Check out these similar jobs

I want to receive the latest job alert for active power

Explore jobs in more locations

Job Seeker Tools

Employer Tools

Browse

Stay Connected