Retail Supply Trader

Chariot EnergyHouston, TX
7hOnsite

About The Position

We are seeking an experienced Retail Supply Trader who is independent, results-oriented, self-motivated and wants to be part of a dynamic organization. The ideal candidate will have experience in the deregulated retail electricity space with a strong focus on Retail Supply Trading. This position is in Houston, and the ideal candidate will be within commutable distance to the Houston office location. The position will be located out of the Chariot Energy Houston office.

Requirements

  • 5+ years of related trading work experience in Energy industry, specifically ERCOT
  • Targeted ISO experience and knowledge of fundamental grid.
  • Demonstrated proficiency in the dynamics of wholesale electricity markets.
  • Experience with ETRM systems.
  • Demonstrate strong knowledge of power fundamentals and market rules/structure
  • Strong aptitude for problem solving and multitasking.
  • Self-motivated and ability to work in a collaborative environment where teamwork and independent work ethic is essential.
  • Deadline-oriented with an ability to prioritize tasks.
  • Comfortable working in a fast-moving dynamic environment.
  • Strong proficiency in Microsoft Office Suite Apps: Excel, Access, PowerPoint.
  • Eligible to work in the USA for any employer without sponsorship.

Responsibilities

  • As part of the wholesale desk enabling the growth of Chariot/Hanwha Energy USA’s business, this role will be responsible for all retail supply management activities in ERCOT power market,
  • The activities include bilateral purchases and sales, ISO bidding and scheduling, congestion management and asset optimization across Chariot/Hanwha Energy USA’s load and generation assets,
  • Responsible for managing the shape/swing risk of the retail load portfolio and optimizing the embedded optionality of residential solar and storage assets,
  • Maintain all the relevant wholesale and retail price curves including implied hourly scalers and scarcity premiums,
  • Expand supplier and broker relationships to maximize the market coverage and trading liquidity,
  • Ensure compliance of all approved risk limits with close monitoring of position and mark-to-market reports
  • Help explain supply related drivers impacting forward and settled retail gross margins,
  • Serves as the company's primary interface to the ERCOT power market to provide expert market information and track market/regulatory changes,
  • Work closely with technology team to develop and maintain all the analytical and operational tools required for effective trading and decision making.
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