What are the responsibilities and job description for the Junior PJM FTR Trader (Remote Work) position at STROM?
Junior PJM FTR Trader
Company description:
Strom is a global power and energy commodities merchant and asset investor.
Our unique process combines advanced engineering and technical knowledge with modern mathematical methods and risk management, creating top investment strategies.
Our work environment is based on entrepreneurship, independence and trust. We focus on individual development with the best in the market compensation packages.
Key Responsibilities
We are looking for a talented Junior PJM FTR Trader to join our growing US power team. Key responsibilities:
· Develop and implement FTR trading strategies based on congestion analysis, historical data, and market forecasting.
· Execute Financial Transmission Rights (FTR) trades in the PJM market, including day-ahead and monthly auctions.
· Monitors transmission congestion patterns, flowgates, and nodal price spreads to identify profitable trading opportunities.
· Analyzes real-time and day-ahead market data to assess FTR value and optimize trading positions.
· Manages and processes FTR settlement data, trades documentation, and position tracking.
· Prepares regular trading reports and market analysis for stakeholders, providing insights into FTR performance and market trends.
· Collaborates with Senior Traders and the risk management team to ensure all trading activities comply with PJM market rules and risk policies.
· Stays updated on PJM rule changes, transmission system updates, and market developments.
Requirements
· Bachelor's Degree in Economics, Finance, Engineering, Mathematics or related field
· Minium 3-5 years of work experience in a proprietary shop, ISO/utility or IPP
· Knowledge of PJM energy market and FTR concepts
· Understanding of power systems and electricity transmission basics
· Strong analytical and quantitative skills
· Excellent problem-solving abilities under pressure
· Ability to work independently and collaboratively in a team environment
· Strong attention to detail and organizational skills
Please send your resume to hr@strompower.com