ABOUT THE ROLE
TransAlta is currently looking to hire a Trader, reporting directly to the Manager, Trading and Mid-Marketing. This position is core to the East Term desk progress in driving speculative trading ideas and risk. This role will focus on speculative power, gas, and options strategies in cash/term markets through the prompt 18 months. This a full-time salaried position located at our new head office in Downtown Calgary - TransAlta Place (Keynote One).
We are willing to consider to relocation services for the right candidate.
WHAT YOU WILL DO
- Maintaining a strategic focus on Eastern Power Markets
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Achieving an annual profit and loss target of $2-$5 million
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Managing a Value at Risk (VaR) allocation of up to $1 million
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Conducting analysis for new business lines and structured transactions
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Conducting fundamental research and generating trade ideas in power and gas markets
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Providing backup support for Manager as needed
WHAT WE NEED FROM YOU
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Preferred bachelor's degree in Engineering, Economics, Finance, or Mathematics
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Over 5 years of pertinent market and trading experience
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Profound understanding of Eastern ISO markets, power generation fundamentals, fuels, FTRs/congestion
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Aptitude for rapid information processing and decision-making
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Extensive expertise in modeling commodities derivatives
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Proven capability to articulate strategy, risk assessment, and deal execution to colleagues and leadership
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Demonstrated efficiency in time management for research, analysis, and continuous professional growth
TransAlta Corporation
110 Twelfth Ave SW
Calgary
Alberta Canada
www.transalta.com
