Capital Power Corporation

Energy Trader

Capital Power Corporation$100K — $120K *
Energy & Utilities
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • Degree in Engineering, Physics, Math, Economics, Finance, or a related field
  • 3+ years of experience in physical power trading in real-time or day-ahead
  • Experience purchasing and flowing power throughout WECC
  • Experience importing and exporting power between CAISO, SPP, and WECC
  • Ability to analyze large datasets and develop analytical models
  • Proficient in Python, SQL, and R
  • Excellent communication and interpersonal skills

Responsibilities

  • Optimize Capital Power's assets across WECC/CAISO for various trading horizons
  • Develop ongoing speculative power and gas trading strategies
  • Support pricing, evaluation, and execution of structured deals
  • Manage relationships with counterparties, customers, and brokers
  • Apply risk management practices to mitigate losses
  • Collaborate with Operations, Risk Management, and Finance departments

Benefits

  • Flexible and affordable employee benefits
  • Retirement savings programs
  • Paid time off programs
  • Comprehensive onboarding and training
  • Career development support
  • Potential relocation assistance
Full Job Description

Your Opportunity

​​One​​Permanent​ ​Full Time​ Position.     

Capital Power is seeking a highly motivated and analytical individual to join our Western US Trading team. This exciting opportunity is for a trader who will join the desk to dispatch and optimize the company’s assets, identify and execute speculative trading opportunities across short-term physical and financial power and gas markets in WECC, CAISO, SPP, and ERCOT. The candidate will also be involved in supporting the development and execution of structured transactions, long-term hedging strategies, and portfolio management initiatives.

The successful candidate will have a quantitative background with a proven track record of creating and executing physical power flows across the Western U.S., financial trading strategies, and risk management strategies.

You will contribute to our team by:

  • Optimizing Capital Power’s assets across the WECC/CAISO across different trading horizons, from daily dispatch and short-term execution to developing and expressing views in the forward markets.

  • Developing and supporting ongoing speculative power and gas trading strategies across physical and financial markets.

  • Supporting the pricing, evaluation, and execution of structured deals, providing market intelligence, commercial feedback, and trading perspectives throughout the development and negotiation process.

  • Managing relationships with counterparties, customers and brokers, including the negotiation of master agreements, EMAs and AMAs where applicable.

  • Applying risk management practices to mitigate losses and ensure compliance with policies and regulations.

  • Collaborating with Operations, Risk Management, and Finance departments to support trading activities.

What you will bring to the role: 

Education:

  • Degree(s) in Engineering, Physics, Math, Economics, Finance, or a related field. ​

Experience:

  • 3+ years of experience in physical power tradingin real time or day ahead, with experience purchasing and flowing power throughout WECC on many transmission service providers, specifically in the Western US

  • Experience importing and exporting power between CAISO, SPP, and WECC

Technical Skills: 

  • Proven ability to analyze large datasets, develop analytical models, and draw actionable insights.

  • Proficiency in relevant trading platforms and analytical tools, such as Python, SQL, and R.

  • Excellent communication and interpersonal skills, with the ability to work collaboratively in a team-oriented environment.

Working Conditions:

  • This is an office-based position located in Capital Power’s Calgary office.

Additional Details:

This position will remain open until a suitable candidate is found.

In order to be considered for this role you must be legally eligible to work in Canada. 

 

Capital Power employees that refer a successful candidate for this position are eligible for a $1000 Referral Reward! 

 

We believe that creating a culture that supports employees’ physical, mental, financial, and social wellbeing is critical to our success. That is why we provide flexible and affordable employee benefits, retirement savings, and paid time off programs. We also provide comprehensive onboarding, training, and programs supporting your career development. 

 

Depending on the posting requirements relocation assistance may be available. 

How To Apply and Next Steps

About Capital Power Corporation

Capital Power is an independent power generation company based in Edmonton, Alberta, Canada. Capital Power develops, acquires, owns and operates power generation facilities using a variety of energy sources. Capital Power owns approximately 6,600 megawatts of power generation capacity at 27 facilities across North America.
Learn more about Capital Power Corporation
Industry
Founded
1891

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