This position is accountable for trading and scheduling energy across geographically diverse markets with multiple counter parties and ISOs throughout Central and Western North America. Traders are expected to optimize corporate positions and assets, while mitigating plant contingencies and ensuring the integrity of firm contract obligations. Traders are accountable to develop and execute short term physical and financial power strategies, to ensure the overall goals, growth targets and objectives of Energy Marketing are met.
Accountabilities
- Developing, implementing, and reviewing a 3 to 12 month financial and/or physical strategy and delivering the agreed outcomes for the West Desk.
- Dynamically optimizing all corporate positions and assets.
- Accountable for identifying and mitigating enterprise risk associated with West RT Trading.
- Determining areas of growth within trading parameters, including geographic, time and fuel growth opportunities.
- Asset management and leveraging asset optimization to maximize the gross margin and the value of TransAlta's energy assets while respecting risk limitations, safety, and compliance guidelines.
- Managing and developing positive relationships with existing customers.
- Understanding and maintaining strict compliance to all of TransAlta's policies and procedures and applicable market regulation, rules, laws, business practices and other guidelines.
Qualifications
- University degree in Commerce, Economics, or Engineering
- Understanding of financial risk measures
- Energy derivative understanding
- Understanding of Energy Market Fundamentals
- Ability to make decisions quickly and mitigate risks while ensuring compliance with prescribed parameters.
- Demonstrated knowledge of energy markets, with expert knowledge of Western physical and financial markets.
- Ability to identify areas of growth and develop and implement plans/actions to achieve that growth.
- Demonstrated knowledge of trading compliance requirements and ability to enforce these requirements within the team.
- Ability to work collaboratively across the Western Energy trading team to meet growth targets, operationalize new commercial initiatives and find efficiencies across the teams while working within risk parameters.
This position will require the successful completion of background checks.
TransAlta Corporation
110 Twelfth Ave SW
Calgary
Alberta Canada
www.transalta.com