What You Can Expect

As a Power Congestion Junior Trader, you will report to Director Congestion Trading and you will be responsible for congestion trading in ERCOT (Electric Reliability Council of Texas) ISO (Independent System Operator).  

The goal of the section is to explain every day activities of someone who works in this role.  Convey the day-to-day impact and responsibilities of this position within the business unit they will join.

• Trade Congestion Revenue Rights (CRR) in ERCOT ISO across various periods
• Systematic approach to fundamental analytics and trade execution
• Act as the central resource on the firm regarding regional ISO information, working with various groups in the organization
• Communicate drivers of Day Ahead and Real Time congestion market outcomes based on macro-fundamentals (supply, demand, renewables) and mirco-fundamentals (specific transmission and generation outage impacts, bids, facility limits)
• Comply with the ISO and company protocols
• Develop opportunities to generate new revenue streams such as deal flows and virtual markets
• Support asset managers with ISO fundamental views/ analyses
• Participate in ISO meetings as appropriate, assess and communicate commercial impacts
• Develop, track and communicate performance benchmarks

What You’ll Bring

• A four-year degree in which you completed courses in Engineering/Business/Finance or other relevant disciplines
• Two years of trading experience in Financial Transmission Rights (FTR) markets
• Strong analytical skills with congestion trading experience
• Strong understanding of the powerflow fundaments such as shift factors, line-outage distribution factors and contingency analysis concepts
• Strong working knowledge of fundamentals of ERCOT transmission grid
• Clear and effective communicator
• Willingness to engage in dialogue and debate with colleagues
• Proficient in SQL and VB or Python
• Knowledge of statistical techniques

• Ability to handle multiple assignments on a timely basis with a high degree of accuracy

Additional Details

This role is eligible for our hybrid work policy; 4 days in office

Must be willing and able to comply with all ENGIE ethics and safety policies;

Compensation

Salary Range: $113,900 – $174,570 USD annually

This represents the average expected pay range for a qualified candidate.

ENGIE complies with all federal, state, and local minimum wage laws. Actual salary offered may vary depending on geography, experience, education, internal pay alignment, or other bona fide factors. 

In addition to base pay, this position is eligible for a competitive bonus / incentive plan.

Your Talent Acquisition Partner can share more specific information regarding the benefits or the salary for the position based on the work location.

At ENGIE, we take your well-being seriously. Our comprehensive benefits package includes options for medical, dental, vision, life insurance, employer-paid short-term and long-term disability insurance, ESPP, generous paid time off including wellness days, holidays and leave programs. We also help you plan for retirement by offering a 401(k) Retirement Savings Plan with a company match.  But that's not all – we're dedicated to the health and happiness of your entire family, offering supplemental benefits for full time employees that enhance emotional and physical well-being through all stages of life from family forming to caregiver benefits. Explore our benefits package to see how we can support you. Learn more.

Why ENGIE?

ENGIE North America isn’t just participating in the Zero-Carbon Transition, we’re leading it!  Join us as we develop energy that is renewable, efficient, and accessible to everyone.  

ENGIE is proud to be an equal opportunity workplace, and we are firmly committed to creating an inclusive workplace for all employees.  We are committed to providing employees with a work environment free of discrimination and harassment.  All qualified applicants will receive consideration for employment without regard to race, color, sex, sexual orientation, gender identity, religion, national origin, disability, veteran status, or other legally protected status.

If you need assistance with this application or a reasonable accommodation due to a disability, you may contact us at ENGIENA-ENGIEHR@engie.com. This email address is reserved for individuals with disabilities in need of assistance and is not a means of inquiry regarding positions or application status.

This role is eligible for sponsorship.

The safety of our employees is our number one priority. All employees at ENGIE have both a duty and the authority to STOP WORK if unsafe acts are observed.