Head of Trading & Risk Management - Battery Storage

Plus Power•The Woodlands, TX

10h•$275,000•Remote

About The Position

Plus Power is seeking a Head of Trading & Risk Management to lead the trading activities and P&L management for their growing portfolio of operating battery energy storage projects. This role involves directing the trading team, optimizing financial performance within ISO markets, managing hedging strategies, and overseeing market entry for new regions. The ideal candidate will have extensive experience in North American electricity and natural gas markets, strong analytical and quantitative skills, and the ability to lead and develop a high-performing team. Plus Power is a leader in energy storage, focused on decarbonizing power markets profitably and fostering a culture of transparency, high expectations, and continuous improvement.

Requirements

Minimum BA/BS in economics, finance or related field; advanced degree preferred.
10+ years in North American electricity and natural gas markets trading roles with progressively increasing levels of responsibility
Knowledge of and experience trading DA-RT markets in ERCOT, ISO-NE, PJM, and other RTOs
Exceptional quantitative and analytical capabilities, combined with deep institutional knowledge of trading practices, markets, and risk management
Ability to design, build, implement, and continuously enhance automated trading and risk management tools
Demonstrated ability to think strategically, translate business objectives into actionable priorities, and lead teams through execution
Exceptional written, verbal, and presentation skills, with the ability to communicate effectively and influence stakeholders at all levels, including senior executives and external parties
Ability to translate complex technical analyses and concepts into clear, concise, and actionable insights for technical and non-technical audiences
Demonstrated ability to identify opportunities for continuous improvement and proactively develop and drive solutions
Demonstrated ability to operate with a high degree of autonomy, navigate ambiguity, exercise sound judgment, and lead effectively in a dynamic, fast-paced environment
Demonstrated success building strong cross-functional partnerships and influencing technical and non-technical stakeholders across a geographically dispersed organization
Demonstrated experience building, leading, and developing high-performing teams
Strong proficiency with Microsoft Office applications, including Outlook, Word, PowerPoint, and Excel

Nice To Haves

advanced degree preferred

Responsibilities

Direct and lead the Plus Power Trading team in pursuit of financial optimization for all Plus Power battery energy storage projects within an ISO
Develop and improve processes for (a) load and price forecasting, (b) optimizing energy revenue in the Day Ahead and Real Time markets, and (c) and improving tools & platforms used by the team
Manage established hedge trading positions, including settlements, credit support, and P&L monitoring
Regularly evaluate hedging strategies for the projects and portfolio
Provide consultative review of ISO asset contracting opportunities to ensure any long-term agreements align with market and asset strategy
Regularly review market portfolios to identify risk elements; develop recommend strategies for risk mitigation and/or revenue enhancement
Lead reporting of daily, weekly, monthly, and YTD positions and P&L
Lead market entry for any new market trading operations including SPP and PJM
Manage existing market counterparties and arrangements (ERCOT QSE and ISONE Lead Market Participant)
Retain and develop energy trading personnel to create an industry-leading energy trading function at Plus Power
Monitor & automatically report daily market exposures and positions
Perform analysis, drafts memos, and present profit and loss results to senior management