At a Glance
- Tasks: Deploy innovative trading strategies in the dynamic PJM power market.
- Company: Join ENGIE, a leader in renewable energy and zero-carbon transition.
- Benefits: Comprehensive benefits, including health insurance, paid time off, and retirement plans.
- Other info: Be part of an inclusive team dedicated to sustainability and innovation.
- Why this job: Make a real impact in the energy sector while developing your career.
- Qualifications: Bachelor's degree and extensive experience in congestion trading required.
Power Congestion Trader - PJM - EVERGREEN Job Description
Please note that this is an evergreen job posting designed to attract individuals interested in future opportunities. While it does not correspond to a specific open position, submitting your resume here will enable our recruiters to reach out to you as new opportunities arise.
What You Can Expect
- As a Congestion Trader at ENGIE Energy Marketing North America based in the Galleria area of Houston, you will report to the Director of Congestion Trading.
- You will be responsible for the deployment of nodal trading strategies.
- Independent System Operator’s (ISO’s): Pennsylvania-New Jersey Interconnection (PJM).
- You will deploy fundamental-based nodal trading strategies using ISO congestion products across various periods in the relevant ISO.
- You will develop a systematic approach to fundamental analytics and trade execution.
- You will communicate and demonstrate improvements in the performance benchmarks per the need of the organization.
- You will act as the central resource of the firm regarding the relevant ISO information, working with various groups in the organization.
- You will communicate the decisions and drivers behind your trades in a timely manner and per the need of the organization.
- You comply with the ISO and company protocols.
- You will develop opportunities to generate new revenue streams such as deal flows and virtual markets.
- You will support asset managers with ISO fundamental views/ analyses.
- You will participate in ISO meetings as appropriate, and assess and communicate commercial impacts to the team.
What You’ll Bring
- A minimum of Bachelor’s degree in which you completed courses in finance, economics, engineering, mathematics or similar discipline.
- A minimum of ten (10) years of relevant work experience, including a minimum of five (5) years in a congestion trading role in PJM.
- You possess a strong working knowledge of power network topology.
- You are a disciplined risk manager.
- You are a highly analytical thinker and understanding of probability and risks.
- You must enjoy problem solving and creating trading opportunities.
- You are a clear and effective communicator.
- You have and display a willingness to engage in dialogue and debate with colleagues.
- You can work autonomously and be flexible.
- You have experience with Day-Ahead Locational Market Clearing Prices Analyzer (Dayzer), PLEXOS or similar software.
- You are proficient in Excel, VB, Python, R, Structured Query Language (SQL).
Compensation
Salary Range will be included in the formal job posting once a specific level of opportunity is determined and posted.
At ENGIE, we take your well-being seriously. Our comprehensive benefits package includes options for medical, dental, vision, life insurance, employer-paid short-term and long-term disability insurance, Employee Stock Purchase Plan, generous paid time off including wellness days, holidays and leave programs. We also help you plan for retirement by offering a 401(k) Retirement Savings Plan with a company match.
Why ENGIE?
ENGIE North America isn’t just participating in the Zero-Carbon Transition, we’re leading it! Join us as we develop energy that is renewable, efficient, and accessible to everyone. At ENGIE, every talent has a role to play in the adventure of the century. Make a difference and enjoy a fulfilling professional experience. Take on exciting challenges and build a career path that reflects who you are. Join us and be part of the adventure!
ENGIE is proud to be an equal opportunity workplace, and we are firmly committed to creating an inclusive workplace for all employees. We are committed to providing employees with a work environment free of discrimination and harassment. All qualified applicants will receive consideration for employment without regard to race, color, sex, sexual orientation, gender identity, religion, national origin, disability, veteran status, or other legally protected status.
If you need assistance with this application or a reasonable accommodation due to a disability, you may contact us at ENGIENA-ENGIEHR@engie.com. This email address is reserved for individuals with disabilities in need of assistance and is not a means of inquiry regarding positions or application status.
The safety of our employees is our number one priority. All employees at ENGIE have both a duty and the authority to STOP WORK if unsafe acts are observed.
PJM Congestion Trader - Power Markets Innovator employer: ENGIE Group
ENGIE Group is an exceptional employer, offering a dynamic and collaborative work environment in the heart of London. With a strong focus on employee growth and development, we provide comprehensive training and career advancement opportunities, alongside a competitive benefits package that supports work-life balance. Join us to make a meaningful impact in environmental sustainability while working with a diverse team of professionals dedicated to excellence in data centre projects across EMEA.
StudySmarter Expert Advice🤫
We think this is how you could land PJM Congestion Trader - Power Markets Innovator
✨Get Involved with Industry Events
The energy and utilities sector is always buzzing with events, trade shows, and networking opportunities. We should hit up conferences and exhibitions like Energy UK or Utility Week Live—these are prime spots to mingle with industry professionals and even snag some insider info on job openings!
✨Join Energy-focused Online Communities
Let's tap into online platforms and forums like LinkedIn groups or Reddit communities specifically for energy and utilities. Not only can we showcase our knowledge, but we can also stay updated on company announcements or job leads from people already in the know.
✨Consider Industry Certifications
Pushing ahead with certifications like the NEBOSH National Certificate in Occupational Safety and Health (if you’re into safety) can give us a leg up in this competitive field. It not only builds our credibility but also shows employers that we’re serious about our career in energy and utilities.
✨Apply ThroughENGIE Group's Website
Don’t forget to apply directly through ENGIE Group's website for the full-time PJM Congestion Trader - Power Markets Innovator role. Many companies prioritise candidates who show initiative by going straight to the source. Make sure we tailor our application to highlight our passion for the energy sector!
We think you need these skills to ace PJM Congestion Trader - Power Markets Innovator
Some tips for your application 🫡
Show Off Your Energy Knowledge:When crafting your CV and cover letter, make sure you highlight any knowledge or experience related to the energy-utilities sector. Whether it’s coursework, internships, or projects that showcase your understanding of energy management, sustainability, or regulatory frameworks, we want to see that passion and expertise shine through.
Quantify Your Achievements:In our field, numbers speak volumes! Don’t just tell us about your previous roles; quantify your achievements where possible. For instance, mention how you improved energy efficiency by a percentage or contributed to cost savings. This makes your application more compelling and shows us just how impactful you can be.
Tailor Your Cover Letter:Your cover letter is your chance to connect personally with us at ENGIE Group. Tailor it to reflect how your values align with our mission in the energy sector. Share why you're excited about this specific role and how you envision contributing to our goals.
Demonstrate Your Team Spirit:Collaboration is key in the energy-utilities industry. In your application, emphasise any team projects or experiences where you worked effectively with others, especially on sustainability initiatives or technical projects. We're looking for someone who can mesh well with our team!
How to prepare for a job interview at ENGIE Group
✨Show Your Passion for Renewable Energy
In the energy-utilities sector, it’s vital to demonstrate your enthusiasm for sustainable practices and innovations. Share experiences where you've worked on or studied renewable energy projects, whether that’s through coursework, past internships, or personal initiatives. Let us see how your passion aligns with the ethos of ENGIE Group.
✨Brush Up on Industry Regulations
Being familiar with industry standards and regulations is crucial in energy-utilities interviews. Make sure to know the basics of relevant policies and frameworks, like the Energy Act or environmental legislation. This will not only show you’ve done your homework but will also prepare you for potential technical questions about compliance during your interview.
✨Highlight Teamwork and Project Management Skills
Most roles in the energy sector involve collaboration with diverse teams. Be ready to discuss examples where you’ve successfully worked in teams or led projects, especially those involving energy initiatives. This is particularly important for a full-time position, as employers want to see you bring a collaborative spirit to ENGIE Group.
✨Prepare for Technical Assessments
Expect some technical questions or even practical assessments during your interview, especially about energy efficiency methodologies or basic engineering principles relevant to the role. It’s a good idea to brush up on key concepts and be prepared to explain them clearly, as this will demonstrate your technical proficiency and readiness to jump into your new role.
