A key Optimus client and leading renewable energy company is looking for a Trade Control Manager with Renewables experience in wholesale power markets in US and Canada - specifically ERCOT and CAISO. They are in office 2-3 days a week.
Qualified candidates, please send your resume to your Optimus Recruiter or me at Jennifer.Hibbetts@optimus-us.com.
Key Responsibilities:
- Manage the company’s Energy Management activities to ensure adherence to trading policies, limits, and internal controls.
- Provide daily reports and analyze key metrics such as P&L, net position, and Value at Risk (VaR) for trading, finance, and management teams.
- Develop and maintain energy risk management policies, processes, and procedures.
- Verify trades, positions, and prices in the company’s Energy Trading & Risk Management (ETRM) system (Allegro Horizon).
- Conduct daily and monthly reconciliation in collaboration with Front Office and Back Office teams.
- Participate in development and implementation projects aimed at enhancing and automating internal controls, metrics, and technology systems.
- Manage daily collateral postings with the ICE futures exchange and ISOs (e.g., ERCOT, CAISO).
- Assist in the contracting and confirmation process for ISDA and EEI master agreements related to bilateral sales of power and Renewable Attributes (RECs, carbon offsets, etc.).
Qualifications:
- Bachelor’s degree in Finance, Mathematics/Statistics, Business, Economics, or a related quantitative or commercial field.
- Minimum of 4 years of relevant experience in commodity risk management, compliance, or trading.
- Knowledge of US power or natural gas markets, with a preference for familiarity with renewables markets in ERCOT and CAISO.
- Experience with ETRM systems such as Allegro Horizon, OpenLink, or Aligne.
- Strong Excel skills
- Strong written and verbal communication skills.
- Advanced numerical and analytical skills to interpret and understand risk management metrics and reports.
- High attention to detail and accuracy.
- A proactive and collaborative team player who thrives in a dynamic, fast-paced environment. Enthusiasm for learning and adapting to new challenges is essential for this high-profile role.
Per our client's specifications, candidates are required to be US Citizens, Green Card holders, or independently authorized to work in the US . We are unable to provide H1 visa sponsorship at this time.
