DA/Cash Trader, Director

TXU Energy (Vistra Corp)•Irving, TX

2d•Onsite

About The Position

Responsible for managing all aspects of PJM physical and financial positions for the cash month including DA and RT energy and ancillary service bidding for all PJM assets as well as setting and executing strategy for cash month position. Aid RT manager in oversight of real time operations and collaborate with trading team on fleet strategies and implementation.

Requirements

Minimum 8-10 years of job related experience or equivalent experience and training which provides commensurate level of knowledge, skills and ability required
Knowledge of ISO market rules is required
Self-motivated individual, who is flexible to respond to a host of different challenges, manage multiple projects, and changing priorities when needed is required
Knowledge of generation and transmission operations knowledge of Luminant’s Power generation fleet
Knowledge in the analysis and modeling of power generation units
Excellent verbal and written communication skills
Competency requirements including strong computer skills, analytical thinking, attention to detail and problem solving skills
Ability to work as part of a team, supporting your fellow team mates with a great demeanor
High school diploma or equivalent
Experience gained through college degree programs and/or certifications is applicable to above skills

Responsibilities

Development of all Day Ahead and Real Time submissions for PJM assets, submittal of Retail DA bids in compliance with all FERC, PJM and internal policies and procedures
Manage Asset Management power and natural gas position throughout the cash month
Schedule all physical power trades
Coordinate gas purchases with fuels team and assist in managing imbalance
Coordinate coal inventory with Sold Fuel team
Coordinate with Operations to develop and optimize outage and testing schedules for the PJM fleet
Provide thought leadership on operational and financial improvements within Asset Management
Follow and provide SME input to Regulatory on changes to PJM Market Rules
Serves as a resource for Adapt2 market submissions systems including development and maintenance
Determining appropriate day-ahead trades and preparation of all DAM submissions for Asset Management, Retail, and CREP that are in compliance with all applicable PUC rules, PJM Protocols, and Internal Luminant Policies and Procedures
Collaborate with PJM team on trading strategies and optimization of fleet.
Responsible for analyzing and understanding PNL deviations on a daily and monthly level.
Direct other analytical projects and studies as necessary to maximize the value of the PJM assets.
Responsible for scheduling all physical power trades and other associated tasks.