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.
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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