Senior Energy Trader

A little about Capital Power

Capital Power (TSX: CPX) is powering change by changing power. This north star guides our ambitions, focus, and actions as we transform our energy system to power a net zero future. We're a growth-oriented North American energy transition company headquartered in Edmonton, Alberta. We deliver reliable, affordable and decarbonized electricity solutions that communities can depend on.

Our people are at the core of our journey to get to net zero by 2045 and are transforming the future of power generation as a collaborative team of experts and innovators. We provide purpose-driven work in a safe and inclusive environment, and we live by our values. With us, your contributions matter. We're here to partner with you so you can learn, innovate, and forge a career that's meaningful to you. Join us in powering a clean energy future!

Your Opportunity

One Permanent Full Time Position.   

Capital Power is seeking a highly motivated and analytical individual to join our Trading team as an Sr. Energy Trader (East). We are seeking to fill one vacancy that will be based at either our US Head Office in Phoenix or our Calgary office in Alberta.

This exciting opportunity is for an experienced trader to be instrumental in further developing the team's cash and term trading and asset optimization strategies across the Eastern US and Ontario power markets. The successful candidate will have a quantitative background with a proven track record both creating and executing trading and risk management strategies.

You will contribute to our team by:

• Researching and understanding the dynamic fundamentals of the PJM, MISO, NYISO and IESO power markets
• Optimizing and hedging natural gas and wind power generation facilities
• Managing gas storage and transport positions
• Creating and executing speculative power and gas trading strategies, both physical and financial
• Analyzing and transacting structured products including swaps and options
• Understanding and abiding by credit and risk limits
• Achieving an annual profit target of $2-$4 million

What you will bring to the role:  

Education:

• Bachelor's degree in finance, engineering, mathematics, computer science, or a related field.
• Education equivalency may be considered.

Experience:

• 5+ years of trading experience in physical and financial power, with a strong understanding of physical flows, transmission tariffs, and charges, throughout the eastern interconnect, including the ability to execute advanced trading strategies
• Experience trading heat rates, locational spreads, and time spreads
• Understanding of delta models

Technical Skills:

• Proven ability to analyze large datasets, develop analytical models, and draw actionable insights
• Proficiency in relevant trading platforms and analytical tools, such as Python, SQL, and R
• Excellent communication and interpersonal skills, with the ability to work collaboratively in a team-oriented environment

Working Conditions:

• Hybrid Office/Work from home position, with possible travel to meet business users at Capital Power facilities or other offices.
• Some evening and weekend work is required in this position

Additional Details:

In order to be considered for this role you must be legally eligible to work in Canada.

The successful candidate for this position will undergo an education verification, reference checks and criminal record check.

Capital Power employees that refer a successful candidate for this position are eligible for a $1500 Referral Reward!

We believe that creating a culture that supports employee physical, mental, financial, and social wellbeing is critical to our success. That is why we provide flexible and affordable employee benefits, retirement savings, and paid time off programs. We also provide comprehensive onboarding, training, and programs supporting your career development.

Depending on the posting requirements relocation assistance may be available.

How To Apply and Next Steps

Capital Power only accepts resumes via online application atwww.capitalpower.com/careers. If you choose to submit your resume by any other means, we cannot guarantee that your application will be considered for vacancies.

Applicants with disabilities who require a reasonable accommodation to complete their application can request accessible formats, communication support, or other accessibility assistance by contacting
[email protected].

Capital Power is committed to providing a fair and transparent hiring process. We recognize and embrace the value of diversity and hire employees with the appropriate skills, experience and knowledge for each position.

Thank you for taking the time to apply and expressing interest in powering a sustainable future with Capital Power! We wish that we could personally respond to everyone who applies; however, it is our practice to contact only those individuals selected for interviews.