What You Can Expect

As a Congestion Trader at ENGIE Energy Marketing North America  based in the Galleria area of Houston, you will report to the Director of Congestion Trading. You will be responsible for the deployment of nodal trading strategies. Independent System Operator’s (ISO’s) include: Electric Reliability Council of Texas (ERCOT) or Pennsylvania-New Jersey Interconnection (PJM).

• You will deploy fundamental-based nodal trading strategies using ISO congestion products across various periods in the relevant ISO
• You will develop a systematic approach to fundamental analytics and trade execution
• You will communicate and demonstrate improvements in the performance benchmarks per the need of the organization
• You will act as the central resource of the firm regarding the relevant ISO information, working with various groups in the organization
• You will communicate the decisions and drivers behind your trades in a timely manner and per the need of the organization
• You comply with the ISO and company protocols
• You will develop opportunities to generate new revenue streams such as deal flows and virtual markets
• You will support asset managers with ISO fundamental views/ analyses
• You will participate in ISO meetings as appropriate, and assess and communicate commercial impacts to the team

What You’ll Bring

• A minimum of Bachelor’s degree in which you completed courses in finance, economics, engineering, mathematics or similar discipline
• A minimum of five (5) years of relevant work experience, including a minimum of three (3) years in a congestion trading role in  ERCOT or PJM
• You possess a strong working knowledge of power network topology
• You are a disciplined risk manager
• You are a highly analytical thinker and understanding of probability and risks
• You must enjoy problem solving and creating trading opportunities
• You are a clear and effective communicator
• You have and display a willingness to engage in dialogue and debate with colleagues
• You can work autonomously and be flexible
• You have experience with Day-Ahead Locational Market Clearing Prices Analyzer (Dayzer), PLEXOS or similar software
• You are Proficient in Excel, VB, Python, R, Structured Query Language (SQL)

Additional Details

• This role is eligible for our hybrid work policy
• Must be willing and able to comply with all ENGIE ethics and safety policies 

Compensation

Salary Range: $137,550.00 – $229,215.00 USD annually

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

Actual offered salary may depend on geography, experience, industry knowledge, education, internal pay alignment, or other bona fide factors.

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.  

At ENGIE, our goal is to support, promote, and thrive on diversity, equity, and inclusion.  We do so for the benefit of our employees, customers, products and services, and community.  ENGIE is proud to be an equal opportunity workplace, and we are firmly committed to creating an equitable and inclusive environment 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.