What are the responsibilities and job description for the Power Congestion Trader - PJM - EVERGREEN position at ENGIE North America Inc.?
Please note that this is an evergreen job posting designed to attract individuals interested in future opportunities. While it does not correspond to a specific open position, submitting your resume here will enable our recruiters to reach out to you as new opportunities arise.
For those seeking immediate openings, we invite you to visit our ENGIE career page to explore current opportunities.
What You Can Expect
As a Congestion Trader at ENGIE Energy Marketing North America based in the Galleria area of Houston, you will report to the Director of Congestion Trading. You will be responsible for the deployment of nodal trading strategies. Independent System Operator's (ISO's): Pennsylvania-New Jersey Interconnection (PJM).
- You will deploy fundamental-based nodal trading strategies using ISO congestion products across various periods in the relevant ISO
- You will develop a systematic approach to fundamental analytics and trade execution
- You will communicate and demonstrate improvements in the performance benchmarks per the need of the organization
- You will act as the central resource of the firm regarding the relevant ISO information, working with various groups in the organization
- You will communicate the decisions and drivers behind your trades in a timely manner and per the need of the organization
- You comply with the ISO and company protocols
- You will develop opportunities to generate new revenue streams such as deal flows and virtual markets
- You will support asset managers with ISO fundamental views/ analyses
- You will participate in ISO meetings as appropriate, and assess and communicate commercial impacts to the team
What You'll Bring
- A minimum of Bachelor's degree in which you completed courses in finance, economics, engineering, mathematics or similar discipline
- A minimum of ten (10) years of relevant work experience, including a minimum of five (5) years in a congestion trading role in PJM
- You possess a strong working knowledge of power network topology
- You are a disciplined risk manager
- You are a highly analytical thinker and understanding of probability and risks
- You must enjoy problem solving and creating trading opportunities
- You are a clear and effective communicator
- You have and display a willingness to engage in dialogue and debate with colleagues
- You can work autonomously and be flexible
- You have experience with Day-Ahead Locational Market Clearing Prices Analyzer (Dayzer), PLEXOS or similar software
- You are Proficient in Excel, VB, Python, R, Structured Query Language (SQL)
Compensation
Salary Range will be included in the formal job posting once a specific level of opportunity is determined and posted.
At ENGIE, we take your well-being seriously. Our comprehensive benefits package includes options for medical, dental, vision, life insurance, employer-paid short-term and long-term disability insurance, Employee Stock Purchase Plan, generous paid time off including wellness days, holidays and leave programs. We also help you plan for retirement by offering a 401(k) Retirement Savings Plan with a company match. But that's not all - we're dedicated to the health and happiness of your entire family, offering supplemental benefits for full time employees that enhance emotional and physical well-being through all stages of life from family forming to caregiver benefits. Explore our benefits package to see how we can support you. Learn more.
Why ENGIE?
ENGIE North America isn't just participating in the Zero-Carbon Transition, we're leading it! Join us as we develop energy that is renewable, efficient, and accessible to everyone.
At ENGIE, every talent has a role to play in the adventure of the century. Make a difference and enjoy a fulfilling professional experience. Take on exciting challenges and build a career path that reflects who you are.
Join us and be part of the adventure!
ENGIE is proud to be an equal opportunity workplace, and we are firmly committed to creating an inclusive workplace for all employees. We are committed to providing employees with a work environment free of discrimination and harassment. All qualified applicants will receive consideration for employment without regard to race, color, sex, sexual orientation, gender identity, religion, national origin, disability, veteran status, or other legally protected status.
If you need assistance with this application or a reasonable accommodation due to a disability, you may contact us at ENGIENA-ENGIEHR@engie.com. This email address is reserved for individuals with disabilities in need of assistance and is not a means of inquiry regarding positions or application status.
The safety of our employees is our number one priority. All employees at ENGIE have both a duty and the authority to STOP WORK if unsafe acts are observed.ENGIE North America isn't just participating in the Zero-Carbon Transition, we're leading it! Join us as we develop energy that is renewable, efficient, and accessible to everyone.
L'inclusion et la diversite sont au cur de notre politique de ressources humaines. Nous assurons l'egalite des chances entre tous les candidats et sommes engages a creer l'environnement de travail le plus accessible possible.
At ENGIE, our goal is to support, encourage, promote, and thrive on diversity, equity and inclusion, for the benefit of our employees, customers, products and services, and community. So ENGIE is proud to be an equal opportunity workplace, and is also an affirmative action employer. We are firmly committed to creating an inclusive environment for all employees.
We are committed to providing employees with a work environment free of discrimination and harassment. All employment decisions at ENGIE are based on business needs, job requirements and individual qualifications. The Company is committed to providing equal employment opportunity to all employees and applicants regardless of actual or perceived race, color, creed, religion, national origin, ancestry, citizenship status, age, sex or gender (including pregnancy, childbirth, and related medical conditions), gender identity or gender expression (including transgender status), sexual orientation, marital status, civil union, or domestic partnership status, military service and veteran status, physical or mental disability, protected medical condition, genetic information, or any other legally protected category (referred to as “protected characteristics”) as defined by applicable federal, state or local law in the locations where we operate. If you need assistance with this application or a reasonable accommodation due to a disability, you may contact us at ENGIENA-ENGIEHR@engie.com. Please note: This email is reserved for individuals with disabilities in need of assistance and is not a means of inquiry about positions or application statuses.