Director of Trading, East

Rev Renewables Ops, LLC • Houston, TX

1d

About The Position

REV Renewables, an LS Power company, is a leading developer, owner, and operator of renewable energy and energy storage projects across North America. With over 2.9 GW of operating assets and a robust development pipeline, REV is at the forefront of the clean energy transition. Their mission is to deliver affordable, reliable, and clean electric power to all, continuously adapting to the evolving regulatory, environmental, and market landscape to deliver optimized energy solutions. The Director of Trading – East will lead REV’s East power trading function across the PJM footprint, with full commercial responsibility for trading, asset optimization, and portfolio risk management. This role oversees nodal bidding strategies in Day‑Ahead and Real‑Time markets, capacity and congestion hedging, and structured transactions supporting renewable and energy storage assets. The Director of Trading – East represents the firm in PJM stakeholder processes and works closely with Asset Operations, Risk, Finance, Development, and Technology to maximize portfolio value.

Requirements

• Bachelor’s Degree in a numerate discipline (e.g., Economics, Mathematics, Engineering, Computer Science).
• 8–10+ years of hands‑on power trading and/or asset optimization experience, with deep PJM market expertise (or other major US ISO experience with demonstrated PJM exposure).
• Strong understanding of PJM market design, including LMP formation, congestion, FTRs, capacity markets, and ancillary services.
• Demonstrated experience leading trading teams and coordinating across multiple internal stakeholders.
• Advanced analytical skills (e.g. Python, SQL, Excel/VBA).
• Ability to manage competing priorities in a fast‑paced, market‑driven environment, including extended hours during critical market events.
• Strategic, analytical thinker with excellent communication skills and strong commercial judgment.

Nice To Haves

• Experience writing or modifying code preferred but not required.
• Experience with energy storage, renewable generation, congestion management, and structured power products strongly preferred.

Responsibilities

• Commercial and P&L responsibility for the PJM trading book, including generation and energy storage assets, congestion hedges, capacity positions, and structured transactions.
• Develop, evaluate, and execute trading and asset optimization strategies across all PJM revenue streams, including Energy, Capacity, Ancillary Services, and congestion.
• Oversee nodal bidding strategies in Day‑Ahead and Real‑Time markets to optimize asset dispatch and portfolio value.
• Execute bilateral and exchange‑cleared trades to hedge commodity, basis, and congestion exposure, from prompt through multi‑year forwards.
• Lead strategy and execution for PJM Capacity Market participation, including RPM auctions and bilateral capacity transactions.
• Develop and implement proprietary trading and hedging strategies, including use of FTRs, virtuals, and structured products.
• Manage and develop Power Analysts and Traders responsible for daily market execution, analytics, and asset offers.
• Represent REV in PJM stakeholder committees, working groups, and industry forums.
• Ensure full compliance with Risk Policy, PJM Tariff, FERC, and NERC requirements.
• Collaborate cross‑functionally with Asset Management, Risk, Finance, M&A, Development, and Technology to support operational and strategic initiatives.
• Build, enhance, and maintain analytical, valuation, fundamental, and statistical models to support trading, hedging, and investment decisions.

Benefits

• Employer-sponsored Medical, Dental, and Vision coverage for employees and their eligible dependents.
• Health Reimbursement Arrangement (HRA) and Flexible Spending Accounts (FSA).
• Company-paid Life, AD&D, and Long-Term Disability Insurance.
• 401(k) with employer contributions.
• Generous Time Away policies.
• Educational Reimbursement for professional development.

What This Job Offers

• Job Type: Full-time
• Career Level: Director