Who We Are:
Enel North America is a proven renewables leader delivering clean, flexible and sustainable energy solutions.
As part of the Enel Group, we develop, build, own and operate renewable power plants and demand response solutions, with over 11 gigawatts (GW) of installed wind and solar capacity, over 1 GW of energy storage and nearly 5 GW of demand response in the US and Canada.
For nearly 25 years, we've reliably powered modern life and driven climate action with our people, partners and communities by putting sustainability at the center of everything we do. Enel is a top-five industry leader for clean power capacity in the US, demand response in North America and utility-scale battery storage in Texas.
We are a smart and passionate team working together to build the Enel North America that we want for the long-term – one that is founded on strong financial, social and environmental values. Being on our team means being part of lasting progress to create a thriving and more sustainable world for our climate and communities. It means valuing safety, trust, innovation, proactivity, flexibility and respect in all we do. Our vision is ambitious, and we'll get there together.
The Opportunity:
The Junior Energy Trader is part of the Term trading team and will be responsible for management and trading of Ercot, PJM and SPP portfolios. This role will be responsible to actively participating in the power trading market, optimizing Enel portfolio (including the assets positions) and contributing to the growth of the trading desk. The main focus will be on trading short term and prompt and less on long term trading. This employee will be working side by side with the term trading team in Houston
What You'll Do at Enel North America:
- Responsible for optimizing Enel generation portfolio and market positions in ERCOT/PJM/ SPP up to day-ahead utilizing financial trading products (such as ICE futures) and Virtuals
- Maintain, own and short-term position management files and all applicable IT systems/applications
- Define and implement successfully trading ideas contributing to the team P&L
- Understand the structure of our P&L and financial reporting systems
- Conduct in-depth analysis of short-term market fundamentals, including but not limited to supply/demand, regulatory and pricing trends
- Works with the C&T team to manage positions and develop effective risk management strategies to protect the trading portfolio from adverse market conditions
- Continuously monitor market conditions, news, and events that may impact power prices in relevant markets.
- Generate daily, weekly, and monthly trading and positions reports for review by management.
- Analyze trading P&L and contributing to monitor performance of strategies and their adjustments
- Strong knowledge of the ERCOT market preferred
- Thorough Excel skills required.
- Experience with SQL. Python, R or Matlab and strong quantitative skills preferred
- 1-3 years in an energy trading role (in front office), ideally experienced with future products and options
- Bachelor’s degree in a quantitative field, masters preferred
Enel North America is dedicated to providing equal employment opportunities (EEO) to all employees and applicants for employment without regard to race, color, religion, sex, gender, national origin, citizenship, age, disability, sexual orientation, genetic information. We will not discriminate, in any employment decision, against any individual or group on the basis of race, color, religion, sex, gender, national origin, citizenship, age, disability, sexual orientation, genetic information, or veterans/national guard/military reserve status. This shall be done in compliance with all applicable federal, state, and local laws in every location in which Enel North America has facilities. Enel North America maintains a drug-free workplace and performs pre-employment substance abuse testing and background checks, where permitted by law. Accessibility – If you require accessibility assistance applying for open positions please contact EnelApplication@enel.com.
Enel North America offers its regular full-time employees affordable, quality healthcare for you and your family, life insurance and disability benefits to provide security, and retirement benefits to help you plan for your financial future. In addition, we offer an array of other benefits such as flexible spending accounts, tuition reimbursement and professional development allowance.
Some additional perks to working with Enel North America include:
- 401k with match fully vested as of day one. Enel-NA matches 100% of the first 4% that you contribute up to set IRS limits.
- Generous PTO that supports work/life balance including: 4 weeks annually of vacation as well as personal days, volunteer days, your birthday off, paid holidays, and sick time. Proration may apply during first year of employment.
- Paid leave programs
- The opportunity to grow and develop your career with the support and mentorship of senior leaders.
- The opportunity to work for one of the world’s most recognizable and respected brands in the energy industry that believes by working together we can create a new energy era in which the world can become more sustainable.
- An employee’s eligibility for these benefits shall be subject to the governing documents for such plans and programs and/or company policy. The benefits described above may be modified or eliminated with or without notice in accordance with the governing documents and applicable law.
Enel North America has an internal talent acquisition department and designated career site for individuals looking to join our team. Enel North America will not accept unsolicited resumes from any external recruiters, staffing firms, search agencies or any fee-based referrals. Any unsolicited resumes sent directly to Enel North America, in any capacity will be considered property of Enel North America. This policy is applicable to all Enel North America locations and will be the responsibility of third parties and vendors to understand this policy. Enel North America will not pay a fee for any placement resulting from the receipt of an unsolicited resume.