talisman
Virtuals Trader - Power Trading Team
We are looking for a sharp, market-savvy Virtuals Trader to join our power trading team with a focus on virtual trading strategies in ISO/RTO markets, specifically PJM, MISO, or ERCOT.
Responsibilities
Identify, model, and execute day‑ahead virtual bids and offers across PJM, MISO, and ERCOT based on congestion trends, nodal pricing, and fundamentals.
Conduct in‑depth congestion analysis of transmission constraints, LMP spreads, and topology changes to inform trading decisions.
Track and interpret ISO market data, FTR auction results, outage schedules, and regulatory changes affecting market dynamics.
Manage virtual trading portfolio with focus on risk‑adjusted returns, capital efficiency, and real‑time performance tracking.
Work closely with FTR traders, analysts, and software developers to refine models, improve forecasts, and build proprietary trading tools.
Qualifications
2+ years of hands‑on experience in virtual trading or congestion trading in PJM, MISO, NY‑ISO or ERCOT markets.
Strong understanding of ISO/RTO market mechanics, including day‑ahead vs. real‑time markets, LMP, congestion, and uplift.
Proficiency with trading platforms, ISO data portals, and analytics tools (e.g., Excel, Python, SQL, R).
Strong quantitative mindset with ability to work under pressure and make time‑sensitive decisions.
Familiarity with FTR/TCR markets and auction processes.
Seniority Level Director
Employment Type Full‑time
Job Function Finance, Information Technology, and Management
Industries Financial Services, Utilities, and Securities and Commodity Exchanges
Benefits
Paid paternity leave
401(k)
Medical insurance
Pension plan
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Responsibilities
Identify, model, and execute day‑ahead virtual bids and offers across PJM, MISO, and ERCOT based on congestion trends, nodal pricing, and fundamentals.
Conduct in‑depth congestion analysis of transmission constraints, LMP spreads, and topology changes to inform trading decisions.
Track and interpret ISO market data, FTR auction results, outage schedules, and regulatory changes affecting market dynamics.
Manage virtual trading portfolio with focus on risk‑adjusted returns, capital efficiency, and real‑time performance tracking.
Work closely with FTR traders, analysts, and software developers to refine models, improve forecasts, and build proprietary trading tools.
Qualifications
2+ years of hands‑on experience in virtual trading or congestion trading in PJM, MISO, NY‑ISO or ERCOT markets.
Strong understanding of ISO/RTO market mechanics, including day‑ahead vs. real‑time markets, LMP, congestion, and uplift.
Proficiency with trading platforms, ISO data portals, and analytics tools (e.g., Excel, Python, SQL, R).
Strong quantitative mindset with ability to work under pressure and make time‑sensitive decisions.
Familiarity with FTR/TCR markets and auction processes.
Seniority Level Director
Employment Type Full‑time
Job Function Finance, Information Technology, and Management
Industries Financial Services, Utilities, and Securities and Commodity Exchanges
Benefits
Paid paternity leave
401(k)
Medical insurance
Pension plan
#J-18808-Ljbffr