Trader/Sr Trader

Constellation Energy Generation, LLC.•Baltimore, MD

1d•Onsite

About The Position

Constellation is the largest private-sector power producer in the world and the nation's largest producer of clean and reliable energy. The company is focused on its purpose: lighting the way to a brilliant tomorrow for all. Constellation has been the leader in clean energy production for more than a decade and is cultivating a workplace where employees can grow, thrive, and contribute. Integrated with Calpine, its portfolio includes 55 gigawatts of capacity from nuclear, natural gas, geothermal, hydro, wind and solar facilities, with the generating capacity to power the equivalent of 27 million homes. The company's culture and employee experience are driven by passion and purpose, aiming to create healthier communities and a cleaner planet. At Constellation, employees can build fulfilling careers with opportunities to learn, grow, and make an impact. The Sr. Trader is responsible for working with a group of traders within a regional trading portfolio. This person will be required to perform technical and fundamental analysis that will be used to develop proprietary trading strategies. The position requires the individual to develop relationships with external customers, producers, and end users. The Trader will be required to execute physically and financially settled transactions consistent with a defined overall portfolio strategy.

Requirements

Bachelor’s degree in Business, Finance, Economics, or related field
8 years of relevant work experience, or 12 years of experience in lieu of the degree (for Trader level)
Knowledge of the gas or electricity markets and the associated infrastructure supporting those trading marketplaces
Demonstrated decision making capabilities coupled with the ability to work under tight deadlines
Demonstrated ability to drive and achieve bottom line results
Self-motivated to achieve results in a collaborative and rapidly evolving environment
Understanding of fuel markets and their relationship to power markets
Analytical rigor and ability to summarize analysis into actionable, practical conclusions
Excellent communication and presentation skills, with the ability to translate technical concepts for diverse audiences
Knowledge of generation and load portfolio risks including volatility, VLR, load moneyness, attrition and ancillary services
Bachelor's degree in Business and 8 years of relevant experience, or 12 years of experience in lieu of the degree (for Sr Trader level)
5 years of experience trading physical commodities such as coal, oil, natural gas, or electricity, or direct experience working with related markets and or products (for Sr Trader level)
Knowledge of risk management principles, tools and energy derivatives (for Sr Trader level)
Extensive knowledge of market trends, key players in the market and regulatory issues (for Sr Trader level)
Excellent interpersonal and communication skills, including verbal and written (for Sr Trader level)
Demonstrated ability to work effectively and independently in a fast-paced and rapidly changing environment (for Sr Trader level)
Strong analytical and problem-solving skills with the ability to interpret complex data and market trends (for Sr Trader level)

Nice To Haves

Master's Degree in Business

Responsibilities

Within established delegations of authority, efficiently executes physically and financially settled transactions to meet the objectives of their commodity portfolios.
Remains abreast of market developments, utilizing market intelligence, research and analyses to develop a market view which supports transactional activity. Readily shares views and analysis internally.
Interacts with traders, analysts and schedulers to coordinate timing, pricing and scheduling of transactions.
Reviews commodity, transportation and storage contracts in order to fully understand obligations and opportunities.
Maintain external relationships with key suppliers, service providers and trade groups.
Maintain internal relationships with wholesale trading, retail energy, and portfolio management.
In-person attendance for training, all-hands meetings, and other meaningful engagements.
Travel required as necessary to meet business needs.