Commodities are typically sorted into four broad categories: metal, energy, livestock and meat, and agricultural products. Commodities are considered risky investments because the supply and demand of these products are affected by events that are difficult to predict, such as weather, epidemics, and natural and human-made disasters. There are many ways to invest in commodities, including futures contracts, options, and exchange-traded funds (ETFs).

Job Summary: 

As a Power Trader within our dynamic team, you will support Senior Traders in capitalizing on derivative client flow through the sales desk, ensuring efficient client value monetization. You will play a crucial role in assisting traders to monetize derivative client flow via the sales desk, contributing significantly to revenue maximization.

Job Description:

All following descriptions pertain to U.S. power markets with a preference in East Power (PJM, New England, New York, MISO) Monetize derivative client flow via the sales desk, to price it competitively and monetize client value as efficiently as possible Value and managed structured transactions Establish views and ideas in the market of expertise and utilize all avenues available to create opportunities  Develop and maintain analytical tools for fundamental analysis as well as risk management tools Manage daily tasks such as marking books, market commentary, and other internal processes. Work together with other internal groups such as sales, QR, and other trading teams

Job Responsibilities:      

Appropriately sizes, understands, and manages risk in the portfolio commercially              Take into consideration, risk, credit costs and the competitive environment when pricing             Managing client risk in order to minimize and capture client value efficiently        Proactively runs risk with educated views on underlying markets in order to create added value from that client flow     Distils complex ideas or structures into meaningful communications          Enhances reputation of firm through expertise, professionalism, and maturity in verbal and written communications       Builds and leverages partnerships to deliver the whole firm to clients

Required qualifications, capabilities, and skills

Ability to work well under pressure, with several people of different nationalities and personalities; and a high degree of initiative and commitment. Minimum Bachelor’s degree or equivalent required Minimum 5 years’ experience in trading power products in US Power markets Strong understanding of U.S. power and gas infrastructure 

Preferred qualifications, capabilities, and skills

Strong computational skills in Python, SQL, and/or other programming languages, preferred.