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Selby Jennings

ERCOT trader (New York)

Selby Jennings, New York, New York, United States, 10261

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Job Title:

ERCOT Power Trader Location:

New York, NY Position Overview: We are seeking a highly skilled and commercially driven ERCOT Trader to join our dynamic trading desk at a leading asset management firm in New York City. The ideal candidate will have deep experience in ERCOT energy markets, particularly power trading, and a proven track record of generating alpha through strategic trading and portfolio optimization. Key Responsibilities: Execute and manage power trades within ERCOT and potentially other U.S. markets. Develop and implement trading strategies to optimize portfolio performance and manage risk specific to ERCOT's unique market structure. Monitor ERCOT market fundamentals, including supply-demand dynamics, congestion patterns, transmission constraints, and regulatory developments. Collaborate with analysts and portfolio managers to align trading decisions with broader investment objectives. Utilize quantitative tools and models to identify trading opportunities and assess ERCOT market conditions. Maintain compliance with internal risk limits and ERCOT-specific regulatory requirements. Contribute to the development of proprietary trading systems and analytics platforms tailored for ERCOT. Qualifications: Bachelor's degree in Finance, Economics, Engineering, or a related field; advanced degree or certifications (e.g., CFA, FRM) preferred. 5-12 years of experience in power trading, with significant exposure to ERCOT markets. Strong understanding of ERCOT's market design, nodal pricing, and regulatory environment. Proficiency in trading platforms and analytical tools; experience with Python, R, or SQL is a plus. Demonstrated success in managing risk and delivering consistent trading performance. Excellent communication and collaboration skills.