FTR Trader

Jane Street

$120K — $180K *
Energy & Utilities
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • 2+ years of experience as an FTR trader or in a similar role
  • Strong working knowledge of any Independent System Operator/Regional Transmission Organization (ISO/RTO)
  • Familiar with the complete life cycle of a trading strategy and risk management
  • Experience with modeling and programming techniques
  • Analytical skills with a grounding in probability and statistics
  • Strong communication and interpersonal skills
  • Reliable and flexible team player with a positive attitude

Responsibilities

  • Trade congestion products across various ISO/RTOs
  • Conduct market research to inform trading strategies
  • Design and implement innovative trading strategies
  • Analyze trades and positions for performance improvement
  • Mentor junior analysts on trading processes and strategy development
  • Collaborate with multiple trading desks within the firm
  • Make quick decisions and solve problems in a dynamic environment

Benefits

  • Opportunity to join a growing FTR team in a collaborative environment
  • Access to mentor and be mentored by experienced traders
  • Chance to work in a fast-paced, innovative company culture
  • Flexible environment that values reliability and teamwork
  • Professional development opportunities to improve skills and knowledge
Full Job Description
About the Position

We are looking to hire an experienced Financial Transmission Right (FTR) trader to help trade congestion products in multiple Independent System Operators/Regional Transmission Organizations (ISO/RTO), conduct research, and design trading strategies.

We're looking for someone who is passionate about this line of work and is eager to make an immediate impact. You will join our growing FTR team in New York and work alongside analysts and other experienced FTR traders, with the ability to collaborate with various trading desks across the firm. We'll rely on your strong knowledge of the market to analyze trades and positions, examine trading ideas, and mentor analysts on the desk.

Staying competitive as we've grown has required constant invention - of new trading strategies, technology, and processes. We've found this is easier when you hire humble, kind people. This is an exciting opportunity to join an expanding function of our firm's work, and we'll endeavor to put your quick-thinking and problem-solving skills to good use.
About You
  • 2+ years of experience working as an FTR trader, or a similar role
  • Strong working knowledge of any ISO/RTO
  • Experience with the complete life cycle of a strategy and risk management of the portfolio
  • Experience with modeling and programming techniques
  • Analytical; comfortable leveraging probability and statistics to solve problems
  • Reliable and flexible team player with a positive attitude
  • Comfortable working and making decisions in a fast-paced environment
  • Motivated self-starter who can handle competing priorities
  • Strong communication and interpersonal skills
  • Eager to learn, adaptive, responsible


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