Trader

Job Description

Description

As the nation's largest producer of clean, carbon-free energy, Constellation is a company purpose-built to meet the challenges of the climate crisis. Constellation has been the leader in clean energy production for more than a decade. Now, we're accelerating, speeding our low-carbon or no-carbon power to more people in more places, day and night, providing our customers and communities with options to buy, manage and use energy as part of their decarbonization mission. The race is on to confront the climate crisis and Constellation is ready to meet the challenge.

Constellation has been the leader in carbon-free energy production for more than a decade, and generates 50% more clean, carbon-free electricity than any other company in America. We're generating power 24/7 with the nation's largest emission-free nuclear energy fleet, providing enough clean energy to power 15 million homes. Constellation offers customers a range of clean, zero-carbon energy solutions to help reduce their carbon footprint and achieve their sustainability goals.

We are committed to advancing diversity, equity and inclusion and believe in attracting, retaining and advancing employees who will best serve and represent our customers, partners and communities. We provide a workplace that ensures mutual respect, where each individual has the opportunity to grow and contribute at their greatest potential. Constellation will provide you the tools and resources you need to design, build and power a successful career.

Constellation offers a wide range of benefits, designed to help our employees thrive professionally and personally. In addition to highly competitive salaries, we offer a bonus program, 401(k) with company match, employee stock purchase program; comprehensive medical, dental and vision benefits, including a robust wellness program; paid time off for vacation, holidays and sick days; and much more.

Expected salary range of $126,000 to $140,000, varies based on experience, along with comprehensive benefits package that includes bonus and 401(k).

PRIMARY PURPOSE OF POSITION

As the Cash Trader, you will work as a member of a power trading team to optimize the value of the Southeast power generation and load portfolios by managing daily physical and financial power positions, deploying risk in power and fuel trading markets to add new business dollars to the portfolio, and developing and executing daily, weekly, and monthly physical transmission strategies.

You will collaborate closely with a wide range of stakeholders such as real time trading, generation dispatch, origination, and analytical groups within the Constellation organization to support position management, transaction structuring, pricing, budgeting and performance/PnL tracking.

In this role, Cash Traders add value by:

• Monetizing the physical power assets and positions in the Southeast.
• Building and maintaining relationships with industry counterparties.
• Deploying risk in a consistently profitable manner within the risk compliance policies of the company.
• Developing and executing physical transmission strategies to capture spreads in the daily, weekly, and monthly markets.
• Communicating Southeast physical power expertise while collaborating with internal stakeholders.
• Ensuring compliance with FERC, NERC, and ISO standards.

PRIMARY DUTIES AND ACCOUNTABILITIES

Qualifications

MINIMUM QUALIFICATIONS

• 3-5 years of transactional experience in physical wholesale electricity markets and the associated infrastructure supporting those trading marketplaces required (transmission/physical power flow, generation dispatch, load forecasting)
• Knowledge of PJM and MISO wholesale electricity markets and the associated infrastructure supporting those trading marketplaces
• Demonstrated decision making capabilities coupled with the ability to work under tight deadlines
• Challenged by bottom-line results
• Self-motivated to achieve success in a rapidly evolving environment
• Understanding of fuel markets and their relationship to power markets
• Analytical rigor and ability to summarize analysis into actionable, practical conclusions

PREFERRED QUALIFICATIONS

• Post-graduate degree in Engineering, Business or Economics
• Experience in Southeast power markets

Constellation is proud to be an equal opportunity employer and employees or applicants will receive consideration for employment without regard to: age, color, disability, gender, national origin, race, religion, sexual orientation, gender identity, protected veteran status, or any other classification protected by federal, state, or local law.

VEVRAA Federal Contractor