Mitsui & Co. Energy Marketing and Services (USA), Inc.
Power Congestion Trader
Mitsui & Co. Energy Marketing and Services (USA), Inc., Houston, Texas, United States, 77246
Join to apply for the
Power Congestion Trader
role at
Mitsui & Co. Energy Marketing and Services (USA), Inc. Join to apply for the
Power Congestion Trader
role at
Mitsui & Co. Energy Marketing and Services (USA), Inc. Get AI-powered advice on this job and more exclusive features. Department/Division:
Trading & Marketing
Location:
Houston, TX
Reports Directly To:
VP, Head of Power Trading
FLSA Status:
Exempt
Summary
The Power Congestion Trader is responsible for managing the trading of electricity, focusing on power market congestion and transmission constraints. This role requires a deep understanding of energy markets, transmission systems, and the ability to make real-time trading decisions to optimize the flow of electricity. The trader will work closely with other departments, including risk management, operations, and financial analysis, to monitor and capitalize on market opportunities, mitigate risks, and maximize profit from power congestion.
Essential Functions & Responsibilities
Monitor and analyze transmission congestion patterns and identify trading opportunities in congested areas. Utilize forecasting models, market data, and real-time information to predict congestion and its impact on electricity prices. Conduct in-depth analysis of market conditions, regulatory changes, and system dynamics to assess the impact of congestion on power markets. Develop and implement trading strategies to take advantage of price discrepancies due to congestion. Execute trades in day-ahead and real-time markets to capitalize on congestion opportunities and mitigate associated risks. Manage and monitor trading positions across various market segments, including day-ahead, real-time, and forward markets. Collaborate with other traders, analysts, and operational teams to share insights and refine trading strategies. Provide timely reports on trading activities, market conditions, and profit/loss analysis.
Required Skills & Abilities
Expertise in power market dynamics, including day-ahead, real-time, and forward markets. Strong analytical skills, with the ability to process and interpret complex market data. Proficiency in trading systems and tools (e.g., Dayzer, Powerworld) Understanding of market regulations and compliance requirements.
Desired Skills & Abilities
Excellent decision-making skills in a fast-paced, high-pressure environment. Strong communication skills, both written and verbal, with the ability to present complex ideas to stakeholders. High attention to detail and the ability to manage multiple tasks simultaneously. Proficiency with programming languages (e.g., Python, SQL) for data analysis and modeling is a plus. Familiarity with transmission system operations, power flow modeling, and grid reliability standards is preferred.
Education & Experience
Bachelor's degree in finance, Economics, Engineering, or a related field. An advanced degree (e.g., MBA, Master’s in Energy Economics) is a plus. Proven experience (typically 3-5 years) in power trading industry, particularly with a focus on congestion management and transmission constraints. Strong understanding of power markets, electricity pricing, and the factors influencing congestion. Experience with trading platforms and financial modeling tools used in energy markets.
Language Skills
Fluent verbal and written skills in English.
Licenses, Certificates, Registrations
Certification or experience with risk management (e.g., FRM, PRM) is an advantage.
Work Environment & Physical Demands
This job operates in a professional office environment and routinely uses standard office equipment such as computers, phones, photocopiers, and filing cabinets. Physical demands include:
Prolonged periods of sitting and may need to routinely move around to communicate with different groups Occasionally work late to meet with Tokyo office Must be able to lift up to 15 pounds at times. Must have a valid DL.
Benefits & Perks
Medical, Dental, Vision benefits 401K and Company Match Tuition Reimbursement Generous PTO Policy Breakroom Snacks / Beverages
Position Competencies
Job Knowledge Reseach Skills Analytical Skills Attention to detail Reporting
Disclaimer
This position description is not to be construed as an exhaustive statement of duties, responsibilities, or requirements. Employees may be required to perform any other job-related instructions as requested by their leader, subject to reasonable accommodation.
MEMS is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, protected veteran status, or disability. Seniority level
Seniority level Mid-Senior level Employment type
Employment type Full-time Job function
Job function Finance and Sales Industries Oil and Gas Referrals increase your chances of interviewing at Mitsui & Co. Energy Marketing and Services (USA), Inc. by 2x Sign in to set job alerts for “Power Trader” roles.
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Power Congestion Trader
role at
Mitsui & Co. Energy Marketing and Services (USA), Inc. Join to apply for the
Power Congestion Trader
role at
Mitsui & Co. Energy Marketing and Services (USA), Inc. Get AI-powered advice on this job and more exclusive features. Department/Division:
Trading & Marketing
Location:
Houston, TX
Reports Directly To:
VP, Head of Power Trading
FLSA Status:
Exempt
Summary
The Power Congestion Trader is responsible for managing the trading of electricity, focusing on power market congestion and transmission constraints. This role requires a deep understanding of energy markets, transmission systems, and the ability to make real-time trading decisions to optimize the flow of electricity. The trader will work closely with other departments, including risk management, operations, and financial analysis, to monitor and capitalize on market opportunities, mitigate risks, and maximize profit from power congestion.
Essential Functions & Responsibilities
Monitor and analyze transmission congestion patterns and identify trading opportunities in congested areas. Utilize forecasting models, market data, and real-time information to predict congestion and its impact on electricity prices. Conduct in-depth analysis of market conditions, regulatory changes, and system dynamics to assess the impact of congestion on power markets. Develop and implement trading strategies to take advantage of price discrepancies due to congestion. Execute trades in day-ahead and real-time markets to capitalize on congestion opportunities and mitigate associated risks. Manage and monitor trading positions across various market segments, including day-ahead, real-time, and forward markets. Collaborate with other traders, analysts, and operational teams to share insights and refine trading strategies. Provide timely reports on trading activities, market conditions, and profit/loss analysis.
Required Skills & Abilities
Expertise in power market dynamics, including day-ahead, real-time, and forward markets. Strong analytical skills, with the ability to process and interpret complex market data. Proficiency in trading systems and tools (e.g., Dayzer, Powerworld) Understanding of market regulations and compliance requirements.
Desired Skills & Abilities
Excellent decision-making skills in a fast-paced, high-pressure environment. Strong communication skills, both written and verbal, with the ability to present complex ideas to stakeholders. High attention to detail and the ability to manage multiple tasks simultaneously. Proficiency with programming languages (e.g., Python, SQL) for data analysis and modeling is a plus. Familiarity with transmission system operations, power flow modeling, and grid reliability standards is preferred.
Education & Experience
Bachelor's degree in finance, Economics, Engineering, or a related field. An advanced degree (e.g., MBA, Master’s in Energy Economics) is a plus. Proven experience (typically 3-5 years) in power trading industry, particularly with a focus on congestion management and transmission constraints. Strong understanding of power markets, electricity pricing, and the factors influencing congestion. Experience with trading platforms and financial modeling tools used in energy markets.
Language Skills
Fluent verbal and written skills in English.
Licenses, Certificates, Registrations
Certification or experience with risk management (e.g., FRM, PRM) is an advantage.
Work Environment & Physical Demands
This job operates in a professional office environment and routinely uses standard office equipment such as computers, phones, photocopiers, and filing cabinets. Physical demands include:
Prolonged periods of sitting and may need to routinely move around to communicate with different groups Occasionally work late to meet with Tokyo office Must be able to lift up to 15 pounds at times. Must have a valid DL.
Benefits & Perks
Medical, Dental, Vision benefits 401K and Company Match Tuition Reimbursement Generous PTO Policy Breakroom Snacks / Beverages
Position Competencies
Job Knowledge Reseach Skills Analytical Skills Attention to detail Reporting
Disclaimer
This position description is not to be construed as an exhaustive statement of duties, responsibilities, or requirements. Employees may be required to perform any other job-related instructions as requested by their leader, subject to reasonable accommodation.
MEMS is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, protected veteran status, or disability. Seniority level
Seniority level Mid-Senior level Employment type
Employment type Full-time Job function
Job function Finance and Sales Industries Oil and Gas Referrals increase your chances of interviewing at Mitsui & Co. Energy Marketing and Services (USA), Inc. by 2x Sign in to set job alerts for “Power Trader” roles.
Houston, TX $150,000.00-$250,000.00 1 day ago Junior Energy Trader - Houston, TX (Hybrid)
Houston, TX $137,550.00-$229,215.00 4 days ago Houston, TX $137,550.00-$229,215.00 4 days ago Houston, TX $113,900.00-$174,570.00 4 days ago United States $160,000.00-$250,000.00 2 weeks ago Houston, TX $130,000.00-$160,000.00 5 days ago Houston, TX $158,130.00-$263,550.00 2 weeks ago Houston, TX $175,000.00-$250,000.00 2 days ago Houston, TX $200,000.00-$300,000.00 3 weeks ago Houston, TX $200,000.00-$300,000.00 1 week ago Houston, TX $150,000.00-$200,000.00 2 weeks ago We’re unlocking community knowledge in a new way. Experts add insights directly into each article, started with the help of AI.
#J-18808-Ljbffr