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Viridan Group

PJM/ MISO, ERCOT Trader

Viridan Group, New York, New York, us, 10261

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2 weeks ago Be among the first 25 applicants Get AI-powered advice on this job and more exclusive features. Direct message the job poster from Viridan Group Energy & Infrastructure Finance Recruitment // morganlorenat@viridangroup.com

PJM/MISO Trader or ERCOT Trader Location:

New York, NY About the Company: My client is a leading North American operator of utility-scale renewable energy assets, managing more than 3,000 MW, including solar, wind, battery storage, and renewable natural gas. With assets across NYISO, MISO, PJM, ERCOT, and CAISO, and a growing 1,200 MW development pipeline, the company plays a critical role in grid reliability and decarbonization. About the Role: My client is seeking 2 experienced traders focused on PJM and MISO or ERCOT markets. This role will prioritize medium- to long-term trading strategies, with a strong emphasis on

turn-based trading

(not cash or real-time). The ideal candidate brings deep market knowledge, a proven ability to hedge physical assets, and strong analytical and risk management skills. You will manage trading and hedging strategies for a portfolio of renewable assets—primarily wind and solar—accounting for intermittency, congestion, and DART spreads. You will also collaborate closely with cross-functional teams including operations, finance, legal, and asset management. Key Responsibilities: Develop and execute

medium- to long-term trading strategies

in PJM, MISO, and ERCOT. Actively manage volumetric, congestion, and DART exposures using market instruments such as outright power, FTRs/PTPs, virtuals, and options. Provide

physical and financial hedging solutions , tailored to the unique characteristics of renewables and storage assets. Analyze and recommend participation strategies in capacity auctions, particularly in PJM, ERCOT and MISO. Leverage a variety of inputs—weather data, ISO market data, PPA terms, etc.—to inform trading decisions. Build and improve trading tools, dashboards, and models (e.g., stack models, bid strategy engines). Track regulatory updates and market fundamentals, translating them into actionable trading insights. Present strategies and outcomes to internal stakeholders and executive leadership. Collaborate across internal trading desks to ensure a consistent and informed view of the markets. Qualifications: Extensive knowledge of PJM, ERCOT and MISO markets. Demonstrated success trading in

day-ahead and forward markets ;

real-time trading experience is not required . Proven track record with

hedging physical assets , not just financial speculation. Strong quantitative analysis skills and market modeling capabilities. Familiarity with tools like Excel, Python, and SQL for data analysis and trading tool development. Experience optimizing renewable or storage assets is strongly preferred. Passion for energy markets and a keen understanding of regulatory impacts and market structures. Seniority level

Seniority level Associate Employment type

Employment type Full-time Job function

Job function Accounting/Auditing, Finance, and General Business Industries Services for Renewable Energy, Energy Technology, and Financial Services Referrals increase your chances of interviewing at Viridan Group by 2x Inferred from the description for this job

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