Power Trader, East

At NRG, we're bringing the power of energy to people and organizations by putting customers at the center of everything we do. We generate electricity and provide energy solutions and natural gas to millions of customers through our diverse portfolio of retail brands. A Fortune 500 company, operating in the United States and Canada, NRG delivers innovative solutions while advocating for competitive energy markets and customer choice, working towards a sustainable energy future. More information is available at . Connect with NRG on Facebook, LinkedIn and follow us on Twitter @nrgenergy.

Job Summary:

The successful candidate will be responsible for a variety of portfolio management and trading initiatives for the East Power Desk. Specifically, the position will be responsible for assisting in the management of retail portfolios; the pricing, analysis, and trading of power positions; assisting sales and pricing teams with modeling and market information, and pricing and modelling of structured deals with Origination. The East Power Team is looking for a highly motivated individual to join the team and support commercial operations in the PJM and MISO.

Essential Duties/Responsibilities:

• Assist with the management of short-term and long-term physical and financial wholesale power positions as well as related tasks (marking curves, scalars...etc)
• Deploy risk to generate P&L while adhering to internal risk limits
• Assist with NRG asset and HRCO hedging strategies
• Develop comprehensive models to analyze commodity markets, price new business opportunities and advise customers
• Identify opportunities for new business with wholesale counterparties including private equity, utilities, as well as other wholesale energy companies
• Assist Regulatory and Compliance Teams as required to ensure a prompt and comprehensive response to regulatory developments as well as timely compliance to existing regulations
• Provide research as needed to identify possible strategic business opportunities
• Support NRG's retail customer business as required

Minimum Requirements:

• Undergraduate degree, preferably in mathematics, engineering, or other quantitative field from an accredited college or university
• Minimum of 5 years experience in power trading or retail energy markets in eastern US
• Strong spreadsheet, programming, and presentation skills
• Strong analytical skills with strong IT and/or data management skills
• Statistical proficiency

Preferred Qualifications:

• Proficient coder of SQL, and an object-oriented programming language (Ruby, Python, VBA)
• Previous experience in scheduling and NERC e-tagging physical power transactions

Additional Knowledge, Skills and Abilities:

• Ability to work with customers and people at all levels of the organization
• Strong team player with ability to take initiative and work independently
• Flexibility and ability to manage multiple tasks and deadlines
• Effective verbal and written communication skills
• Ability to multi-task, prioritize and adhere to deadlines while maintaining attention to detail
• Must be a creative thinker with strong investigative and analytical skills

Working Conditions:

• Location: Princeton office
• Evening and weekend work, while not the norm, may be required as business needs dictate

If you reside in or intend to work remotely from California, Colorado, New York or Washington State, you may contact for compensation information related to this position and other information as required by applicable law. Please include the job title in your request.

Why NRG is a great place to work:

• Great company culture!! Voted as a BEST employer by Forbes
• A competitive total compensation package, including annual incentive and/or commission
• Stock Purchase Plan
• Benefits on the first day of employment -Medical, Dental, Vision, Life Insurance, and Short Term Disability, Wellness program, etc.
• Company-paid life insurance and disability insurance
• 401 (k) plan to help save for retirement
• Generous PTO plan, plus 8 company holidays, and 3 floating holidays
• Numerous discounts, including electricity discounts on NRG brands

NRG Energy is committed to a drug and alcohol free workplace. To the extent permitted by law and any applicable collective bargaining agreement, employees are subject to periodic random drug testing, and post-accident and reasonable suspicion drug and alcohol testing. EOE AA M/F/Protected Veteran Status/Disability

EEO is the Law Poster(The poster can be found at http://www.eeoc.gov/employers/upload/poster_screen_reader_optimized.pdf)

Level, Title and/or Salary may be adjusted based on the applicant's experience or skills.

Official description on file with Human Resources