Portfolio Optimization Trader/Analyst

NRG
Princeton, NJ Full Time
POSTED ON 8/18/2022 CLOSED ON 9/10/2022

What are the responsibilities and job description for the Portfolio Optimization Trader/Analyst position at NRG?

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 www.nrg.com. Connect with NRG on Facebook, LinkedIn and follow us on Twitter @nrgenergy.

Job Summary:

This role provides Client access to the physical and financial energy markets. The Portfolio Optimization Trader will assure accurate strategy development and execution to optimize Client portfolios. The Portfolio Optimization Trader must assure Client’s market positions and strategies remain confidential. The Portfolio Optimization Trader must have the ability to act independently to analyze and execute responses to emerging market conditions. The Portfolio Optimization Trader must have the ability to work non-standard business hours.


Essential Duties/Responsibilities:

  • Develop strategies and execute trades to achieve targets.
  • Assure adherence to all Company credit, compliance, and risk policies.
  • Perform advanced technical and analytical modelling.
  • Responsible for capturing all relevant trade data in the appropriate systems.
  • Create operational and financial reports as required.
  • Ensure compliance with ISO tariffs.
  • Communicate directly with brokers, traders, operations, accounting, middle office, fuel departments, system operators, transmission owners, generation owners, and other counterparties as required for assurance of operational excellence.


Working Conditions:

  • Moderate travel required.


Minimum Requirements:

  • Bachelor's degree from an accredited college or university.
  • Market experience with PJM, NYISO, ISONE, ERCOT or CAISO required


Preferred Qualifications:

  • Generation modeling, hedging and optimization experience
  • Understanding of Heat Rates, Spark Spreads, Physical and Financials
  • Experience trading power, capacity, FTR and/or fuels


Additional Knowledge, Skills and Abilities:

  • Be able to work in a fast paced and stressful environment, where organizational skills are essential to handle a multitude of tasks and interruptions while maintaining a high level of accuracy.
  • Superior oral, written, and negotiation skills with the ability to effectively communicate with various levels of internal and external stakeholders.
  • Advanced experience in Microsoft Excel.

#CB-PR

#NRG

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

Access Optimization Supervisor
Penn Medicine, University of Pennsylvania Health System -
Plainsboro, NJ
Transportation Route Planning and Optimization Manager
Active Day -
Trevose, PA
Sr Portfolio Management Counsel
INTERDIGITAL COMMUNICATIONS INC -
Princeton, NJ

For Employer
Looking for Real-time Job Posting Salary Data?
Keep a pulse on the job market with advanced job matching technology.
If your compensation planning software is too rigid to deploy winning incentive strategies, it’s time to find an adaptable solution. Compensation Planning
Enhance your organization's compensation strategy with salary data sets that HR and team managers can use to pay your staff right. Surveys & Data Sets

Sign up to receive alerts about other jobs with skills like those required for the Portfolio Optimization Trader/Analyst.

Click the checkbox next to the jobs that you are interested in.

  • Auditing Skill

    • Income Estimation: $132,691 - $184,143
    • Income Estimation: $140,560 - $196,457
  • Bill Collections Skill

    • Income Estimation: $53,278 - $68,626
    • Income Estimation: $55,552 - $72,593
This job has expired.
View Core, Job Family, and Industry Job Skills and Competency Data for more than 15,000 Job Titles Skills Library

Job openings at NRG

Omt
NRG
Hired Organization Address El Segundo, CA Full Time
Welcome to the intersection of energy and home services. At NRG, we’re all about propelling the next generation of leade...
NRG
Hired Organization Address New York, NY Full Time
Welcome to the intersection of energy and home services. At NRG, we’re driven by our passion to create a smarter, cleane...
NRG
Hired Organization Address Nipton, CA Full Time
As an NRG employee, we encourage you to take charge of your career and development journey. We invite you to explore exc...
NRG
Hired Organization Address Marshall, TX Full Time
As an NRG employee, we encourage you to take charge of your career and development journey. We invite you to explore exc...

Not the job you're looking for? Here are some other Portfolio Optimization Trader/Analyst jobs in the Princeton, NJ area that may be a better fit.

Crew

Trader Joe's, Princeton, NJ

Search Engine Optimization Specialist

Elevated Audience, Doylestown, PA