Short-term Congestion Trader
RWE Supply & Trading Americas, LLCTo start as soon as possibleYour future plansShape the future of energy with us - join #TeamRWE at RWE Supply & Trading Americas!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).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.Responsibilities:Develop, optimize and execute our short-term (day-ahead) congestion trading strategies in various ISO regions (e.g. ERCOT, NYISO, SPP & PJM)Analyze and formulate opinions about short-term market risks and opportunities to take positions in the Dayahead marketUtilize and finetune our quantitative analysis techniques and machine learning approachApply our fundamental market models to test and derive your trading strategyBuild and maintain relationships with our fundamental market experts and various other experts across the group (e.g. AI modelling experts)Build-up performance dashboards and automate workflows to streamline our daily trading routine Your Powerful SkillsUniversity degree in Mathematics, Economics, (Electrical) Engineering or related field Experience in electricity markets (e.g. in a commercial, consulting or similar role) Deep understanding of commercial dependencies and influencing commercial acumenDemonstrate a self-confident natural behavior and be comfortable to handle uncertain (market) situationsExcellent analytical mindset, striving for optimization and performanceStrong team player & excellent communicator with a high degree of personal commitment, motivation and the ability to work independently Benefits You Can Rely OnJoin an international leading energy trading house which is in a period of growth Find yourself in a motivating workplace that is built on mutual trust, values and a feedback culture with a positive and inspiring working atmosphere Discretionary bonus based on execution performanceTeam work, support and openness, visibility and recognition of own workRelocation package availableApply now with just a few clicks: ad code 92618Any questions? Patrycja Muszynski, E: patrycja.muszynski@rwe.com (Recruiting)We look forward to meeting you!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. #inclusionmattersOf course, you can find us on LinkedIn, Twitter and Xing, too.RWE Supply & 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.