Our client, a growing international IPP, is seeking a Senior Asset Trader to help them optimize, commercialize and expand their North American generation assets. The Senior Asset Trader will be involved from the start of project optimization through to strategic bidding and dispatch, dynamic hedging, and management of all residual risks to the portfolio.
- Our client offers:Great benefits and competitive pay
- Hybrid work environment with a great downtown location
- Career Growth
- Duties:Develop hedging and optimization strategies for the merchant fleet of renewable assets.
- Perform analyses of grid operations, congestion, power flows, weather, generation and transmission outages, and other market fundamentals to form forward views.
- Support new project pipeline and M&A goals assessing merchant and structured offtake opportunities to create the best risk adjusted return profile.
- Partner with junior traders to create daily optimization plan, execution of bidding strategies and scheduling of power.
- Execute through all channels of the market including bilateral, exchanges, and OTC brokers.
- Review portfolio exposures such as intermittency and basis risk to suggest operational / hedging strategies to mitigate market exposure.
- Consult with third party providers where needed to deploy optimization strategies for energy storage portfolio.
- Participate in cross-department projects as needed to advance execution and operational capabilities of the Power Marketing function.
- Serve as thought partner to bring innovate structured origination products to market which could include block clean energy offtake and co-location opportunities.
- Requirements:Bachelor’s degree in Physics, Mathematics, Business or Engineering, or similar field.
- 7-10 years of industry experience with at least 2 years of direct experience in a similar role at an Independent Power Producer, Utility, or Energy Company with focus on both renewable and dispatchable energy assets.
- Track record in optimization strategies for wind, solar, and energy storage facilities.
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