May 9, 2025
Electric Energy Jobs

Term Trader, Power Trading

Organization:
AES Corporation
Region:
United States, Multiple Locations
End of contest:
February 1, 2021
  This job posting has expired
Type:
Full time
Category:
Trading
Description

At AES, we're accelerating the future of energy, together, while transforming customer experience and delivering unique customer products and solutions.  We are looking for a team player, not a proprietary trader.  This role will lead, establish and deploy term portfolio management and trading strategies that enhance the portfolio's margin and lower risk.

Responsibilities:

  • Holds P&L responsibility for the regional desk's book, which includes a portfolio of renewable and thermal generation, market transactions and long-term client deals, as well as related hedges, with a focus the prompt month forward
  • Propose, get approval for and execute trading strategies around client transactions and project development and acquisitions that increase variable margin and/or reduce portfolio risk
  • Develops and executes trading strategies that account for energy, shape and basis
  • Understand and explain portfolio value drivers and associated sensitivities, looking at natural gas and options trading for potential proxy hedges
  • Be the product specialist in power on all issues related to delivery, transmission, congestion and settlement
  • Stay current with developments in electricity and fuels markets as well as regulation to improve prediction of forward prices, with a focus on the specific ISOs/RTOs, through interaction with Market Operations and Regulatory teams
  • Work closely with the analytics team to improve price and risk modelling
  • Play an active role in the research and development of analytical tools, trading ideas, as well as adding value to upstream investment decision processes
  • Provide insights that are relevant to the broader objectives of the group across trading, financing, collateral and portfolio management
  • Provide portfolio recommendations based on in-depth financial market analyses.
  • Work across the organization to improve infrastructure, risk management and market knowledge
  • This is not a proprietary trading role at first, however some degree of proprietary trading authority and commensurate P&L responsibility may be authorized and developed in time, under the appropriate risk control functions, depending upon the growth and needs of the overall business

Qualifications:

  • Bachelor´s Degree in engineering, finance, or equivalent
  • Master's degree in finance, commercial management or business is preferred
  • 10+ years of experience in the energy sector in a similar role, with relevant trading experience in one or more ISO (PJM, ERCOT, ISONE, NYISO, MISO, and CAISO)
  • Renewables experience is a plus, highly desirable if combined wind, solar and energy storage
  • Team player
  • Detail oriented, commercial acumen and analytical skills
  • Excellent written and oral communications skills
  • Commercial agility and organizational skills, able to process complex concepts.
Read the full posting.

Contact

AES Corporation

4300 Wilson Blvd

Arlington

Virginia United States

www.aes.com