Head of Trading, West

Rev Renewables Ops, LLC • Houston, TX

3d

About The Position

Lead REV’s West power trading function across the CAISO footprint, optimizing battery energy storage assets, managing nodal bidding strategies in Day-Ahead and Real-Time markets, and overseeing hedging of portfolio risk while developing value add strategies. Represent the firm in CAISO stakeholder processes and coordinate closely with Asset Operations, Risk, Finance, and Technology.

Requirements

• Bachelor’s Degree in a numerate discipline (e.g. Economics, Math, Engineering, Computer Science).
• 8–10+ years of hands-on experience in power trading/asset optimization, with deep CAISO (or other US ISO) experience.
• Demonstrated leadership of trading analysts and cross-functional coordination.
• Advanced analytics skills (e.g. Python, SQL, Excel/VBA); experience in writing/editing code preferred but not required.
• Strong grasp of ISO market instruments, mechanisms and regulatory frameworks.
• Ability to manage multiple competing priorities under tight deadlines and sometimes working extended hours in market-sensitive situations.
• Strategic thinker with strong analytical capabilities, power market knowledge and excellent communication skills.

Nice To Haves

• Experience with energy storage assets, FTRs, and congestion management a plus.

Responsibilities

• Commercial and P&L responsibility for CAISO book, consisting of 1GW of BESS assets, hedges and structured transactions.
• Research, develop and evaluate trading strategies and algorithms to maximize profit for all revenue streams (Power, Ancillaries, RA, Renewable products, etc).
• Execute trades to hedge and optimize commodity exposures from cash up to 5 years forward.
• Develop proprietary trading strategies.
• Manage and develop Power Analyst overseeing day-to-day asset offers and analytics.
• Represent the company in CAISO working groups, policy forums and conferences.
• Ensure compliance with Risk Policy, CAISO Tariff, FERC, NERC standards, and CPUC rules.
• Collaborate with functions across the company including Asset Management, Risk, Finance, M&A and Development.
• Build and operate analytical, valuation, fundamental and statistical models and tools.

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: Mid Level
• Number of Employees: 51-100 employees