What are the responsibilities and job description for the Quantitative Energy Trader position at Red Wolf Energy Trading LLC?
Financial Energy Trader
Red Wolf Energy Trading is a financial energy trading firm headquartered in Raleigh, NC. Since 2008, Red Wolf has focused on calculated growth with market memberships in PJM, MISO, CAISO, SPP and ERCOT.
Red Wolf Energy Trading seeks highly motivated, self-directed, and disciplined power trader. Position will focus on short-term virtual transactions in multiple ISOs. Candidate must be able to analyze (product valuation, financial and risk analysis, and back-testing models) and develop trade strategies in a collaborative environment. Ideal professionals must possess a Bachelor’s degree or higher in related field and a minimum of five years energy trading experience within the PJM, MISO, CAISO, ERCOT or SPP markets.
Trading position is a permanent remote work opportunity conducted on Red Wolf Energy Trading’s proprietary platform and includes subscription data such as Dayzer. Benefits include a SAFE Harbor 401K retirement account with matching option.
Commission based compensation is paid out monthly from net-book profitability. The tiered percentage-based commission, which resets annually with no seat fee, is defined as follows:
· 25% of book on net-profits less than $50,000
· 35% of book on net-profits less than or equal to $750,000
· 40% of book on net-profits greater than $750,000
Come join our intimate team of veteran traders.
Job Type: Full-time
Pay: $50,000.00 - $500,000.00 per year
Benefits:
- 401(k)
- 401(k) matching
Supplemental Pay:
- Commission pay
Work Location: Multiple Locations