September 28, 2024
Electric Energy Jobs

Sr. Director of Trading

Organization:
TXU Energy
Region:
Canada, Texas, Irving
End of contest:
September 16, 2024
  This job posting has expired
Type:
Full time
Category:
Trading
Description

Job Summary

This position is part of the Financial Trading Team. The role is primarily responsible for proprietary profit seeking activities. This role will have a trading p&l budget and be expected to produce profit. This position includes both individual and team responsibilities. Overall, this position will be considered as a wholesale commodity market subject matter expert.

Job Description

Key Accountabilities

Financial Trading

  • Point of view trading strategies and execution to contribute to trading profit
  • Development of short-term trading fundamentals in coordination with long-term Fundamental group
  • Apply market knowledge and insight to make informed risk management decisions for trading book

Portfolio Optimization Support

  • Corporate hedge strategy, planning, and execution participation
  • Asset desk fuel, NGE, extrinsic value optimization
  • Wholesale market liquidity enhancement to support organization
  • Thought leadership aiding asset/load books timing, structuring, and positioning 

Wholesale Market Expertise

  • Abreast of wholesale market information about flows of capital, risk, and positions in commodity space
  • Overall point of view creation based on wholesale market dynamics informing various internal teams including management, planning, compliance, risk, and portfolio management 
  • Works with Luminant and TXU Energy to optimize results pertaining to the commodity space

Education, Experience, & Skill Requirements

  • 10+ years relevant experience
  • Minimum of 5 years experience trading, analysis or structuring in energy space
  • High school diploma or equivalent
  • Experience gained through college degree programs and/or certifications is applicable to above skills

Key Metrics

  • Ability to manage multiple projects, change priorities as needed, and achieve results through others
  • Financial structuring skills a must; understanding how to evaluate embedded real options in a portfolio of energy assets
  • Excellent leadership, business, financial, problem solving and communication skills required

Read the full posting.

Contact

TXU Energy

1601 Bryan St

Dallas

Texas United States

www.txuenergy.com