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Power Trader

NRG
Houston, TX, US
Full-time

Welcome to the intersection of energy and home services. At NRG, we’re all about propelling the next generation of leaders forward.

We are driven by our passion to create a smarter, cleaner and more connected future. We deliver innovative solutions that make our customers’ lives easier helping them power, protect, and intelligently manage their homes and businesses.

To do this, we need creative and talented people to join our company.

We offer a dynamic work environment and a unified and inclusive culture. NRG fosters a strong sense of belonging that leads to better collaboration and business performance.

Our company programs are designed to help employees develop the skills they need for success now and in the future. In everything we do, we aim to champion our employees and bring value to our customers, investors and society.

More information is available at www.nrg.com. Connect with NRG on Facebook, Instagram, LinkedIn and X.

Job Summary :

The successful candidate will be responsible for a variety of portfolio management and trading initiatives for the West 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 West Power Team is looking for a highly motivated individual to join the team and support commercial operations in the CAISO and the WECC.

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 CAISO Congestion Revenue Right (CRR) allocation and auction processes
  • Develop comprehensive models to analyze commodity markets, price new business opportunities and advise customers
  • Identify opportunities for new business with wholesale counterparties including Community Choice Aggregations, 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
  • An understanding of physical and financial power markets
  • 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 power trading, ideally in the WECC, CAISO and / or SPP
  • Previous experience in scheduling, reserving transmission, 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 :

  • Hybrid office environment, 1-2 days working from a home office
  • Evening and weekend work, while not the norm, may be required as business needs dictate

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

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

Official description on file with Talent.

12 days ago
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