The primary focus at Iberdrola Renewables is the management of energy assets and value creation from monetization of long term positions, hedges and market opportunities. The Real Time Trader will manage and optimize corporate generating assets in the hourly market and drive real-time energy trading and marketing in all U.S. power markets. The successful candidate must be able to develop professional relationships with power marketers and utilities. Responsibilities include:
Negotiate transactions to financially optimize corporate assets including renewable and thermal generation.
Capture of market arbitrage opportunities utilizing transmission to link markets across the United States.
Capture of real-time arbitrage opportunities and manage day-ahead and real-time transactions.
Provide market pricing for day ahead to real-time transactions.
Represent Iberdrola professionally with a diverse group of customers and market participants.
Create NERC E-tags, purchase transmission via OASIS and capture transactions accurately in Iberdrola's energy management system.
Facilitate training of other real time traders.
Provide generation and transmission schedules to ISO’s, control areas and transmission providers.
Adhere to effective internal business and industry controls.
Minimum 3 years energy trading experience. (the company may consider those without trading experience, but related work experience at a lower level)
Solid understanding of generation & transmission operations.
Experience preferred with any of the following markets: WECC, CAISO, and Southwest, ERCOT, MISO, PJM, NYISO, with proven ability to understand market conditions and to identify sales/purchase opportunities.
PC proficiency and experience with automated tools to support trading activity.
Understanding of financial modeling, risk assessment, commodity management, electricity and natural gas trading and hedging practices.
Ability to independently function in fast paced deadline dependant environment. Must be performance driven, self-motivated and proactive with demonstrated communication and interpersonal skills;
Ability to work rotating shifts of 12 hours which includes night shifts, weekends and holidays
All offers of employment are contingent upon the successful completion of a background check, references, drug screen, verification of legal right to work in the U.S., and in some cases, a credit check. A credit check will be administered when a prospective employee will be working in Finance, Accounting, Treasury or where duties may involve handling of funds, accounts or cash. Iberdrola Renewables is an Equal Opportunity Employer.
IBERDROLA Renewables (formerly PPM Energy) is a real power player in the energy industry. Part of IBERDROLA's global network,...