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Short-term Congestion Trader (Chicago, IL, US, 60654) @ RWE

Chicago, IL, US, 60654OnsiteFull-time
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<p> </p> <p><b><b><b><b><b><b><b><b>RWE Supply &amp; Trading Americas, LLC</b></b></b></b></b></b></b></b></p> <p> </p> <p><b>To start as soon as possible</b></p> <p> </p> <p><strong>Your future plans</strong></p> <p> </p> <p>Shape the future of energy with us - join #TeamRWE at RWE Supply &amp; Trading Americas! </p> <p> </p> <p>An exciting new opportunity opened for an experienced short-term congestion trader to join and become a core part of our US congestion optimization team. The US congestion trading desk at RWE manages the long- and short-term congestion exposure of our existing renewables portfolio. Our trading activities are focused around various ISOs across the US (e.g. ERCOT, NYISO, SPP, MISO, PJM). </p> <p> </p> <p>Your role is to develop and execute trading strategies in multiple US congestion markets, develop and maintain our pricing models and to deploy trading capital to make profitable decisions. You will be managing, optimizing and maximizing the congestion revenues for our assets in the US. Furthermore, you will closely work with a fast growing team of energy trading professionals from diverse backgrounds.</p> <p> </p> <p>Responsibilities: </p> <ul> <li>Develop, optimize and execute our short-term (day-ahead) congestion trading strategies in various ISO regions (e.g. ERCOT, NYISO, SPP &amp; PJM)</li> <li>Analyze and formulate opinions about short-term market risks and opportunities to take positions in the Dayahead market</li> <li>Utilize and finetune our quantitative analysis techniques and machine learning approach</li> <li>Apply our fundamental market models to test and derive your trading strategy</li> <li>Build and maintain relationships with our fundamental market experts and various other experts across the group (e.g. AI modelling experts)</li> <li>Build-up performance dashboards and automate workflows to streamline our daily trading routine </li> </ul> <p> <br> <strong>Your powerful skills</strong><br> </p> <ul> <li>University degree in Mathematics, Economics, (Electrical) Engineering or related field </li> <li>Experience in electricity markets (e.g. in a commercial, consulting or similar role) </li> <li>Deep understanding of commercial dependencies and influencing commercial acumen</li> <li>Demonstrate a self-confident natural behavior and be comfortable to handle uncertain (market) situations</li> <li>Excellent analytical mindset, striving for optimization and performance</li> <li>Strong team player &amp; excellent communicator with a high degree of personal commitment, motivation and the <br>ability to work independently </li> </ul> <p> <br><strong>Benefits you can rely on</strong><br> </p> <ul> <li>Join an international leading energy trading house which is in a period of growth </li> <li>Find yourself in a motivating workplace that is built on mutual trust, values and a feedback culture with a positive and inspiring working atmosphere </li> <li>Discretionary bonus based on execution performance</li> <li>Team work, support and openness, visibility and recognition of own work</li> <li>Salary: $125,000 - $175,000</li> <li>Relocation package available</li> </ul><p> </p> <p> </p> <p> <img title="Promoting diversity" src="https://rmkcdn.successfactors.com/1ae3909a/66d596d8-bf21-4fe9-a27c-5.png" alt="Promoting diversity (40x40)"> <img title="flexible working times" src="https://rmkcdn.successfactors.com/1ae3909a/38efed0e-eb77-4c1f-accb-d.png" alt="flexible working times (40x40)"> <img title="training/human resources development" src="https://rmkcdn.successfactors.com/1ae3909a/60dd71b4-97d6-44b1-b90b-8.png" alt="training/human resources development (40x40)"> <img title="career promotion" src="https://rmkcdn.successfactors.com/1ae3909a/dedb8ba4-828d-4ea2-af44-8.png" alt="career promotion (40x40)"> <img title="support of extra-occupational studies" src="https://rmkcdn.successfactors.com/1ae3909a/e2aefa39-a388-40de-bae2-e.png" alt="support of extra-occupational studies (40x40)"> <img title="attractive remuneration" src="https://rmkcdn.successfactors.com/1ae3909a/ce8ee2bc-f840-438c-9d76-d.png" alt="attractive remuneration (40x40)"> <img title="social commitment" src="https://rmkcdn.successfactors.com/1ae3909a/f724e879-fd33-4784-ada7-7.png" alt="social commitment (40x40)"> <img title="International exchange" src="https://rmkcdn.successfactors.com/1ae3909a/e093cf61-43e7-4f6c-9bd7-e.png" alt="International exchange (40x40)"> </p> <p>Apply now with just a few clicks: ad code <strong><strong><strong><strong><strong><strong><strong><strong>92618</strong></strong></strong></strong></strong></strong></strong></strong></p> <p>Any questions? Patrycja Muszynski, E: [email protected] (Recruiting)</p> <p>We look forward to meeting you!</p> <p> </p> <p>We value diversity and therefore welcome all applications, irrespective of gender, disability, nationality, ethnic and social background, religion and beliefs, age or sexual orientation and identity. #inclusionmatters</p> <p>Of course, you can find us on LinkedIn, Twitter and Xing, too.</p> <p> </p> <p>RWE Supply &amp; Trading is the interface between RWE and the energy markets around the world. Around 2,000 employees from over 70 different countries trade electricity, gas, commodities and CO2 emission allowances. The trading entity also ensures the commercial optimisation of RWE’s power plant dispatch and markets electricity from RWE.</p>

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