Power Options Trader (Senior )

LocationHouston, TX
Job TypeFull-time
Salary$131,000-$190,000

About This Job


What You Can Expect

As a Senior Power Options Trader, you will manage portfolio optionality and customer requests while optimizing load and assets, including BESS, across ERCOT, PJM, and the Northeast markets. You will be responsible for managing and deploying options and non-linear power positions in North American markets, with a particular focus on ERCOT, PJM, and the Northeast. Additionally, you will collaborate with the retail and asset optimization teams to develop and execute non-linear risk management strategies. This position is based in Houston, TX, reporting to the VP of Power and Gas.


Use mathematical models and quantitative techniques to identify trading opportunities and optimize trading strategies
Apply quantitative methods to assess and manage financial risks associated with trading activities



What You’ll Bring

You hold a Bachelor's degree with coursework in finance, economics, mathematics, or a related discipline
A minimum of five (5) years of options trading experience, preferably in power
You have a strong working knowledge of North American power market fundamentals
You are proficient in programming languages such as Python, R, or SQL, which is valuable for developing trading algorithms and analyzing large datasets
You enjoy problem-solving and creating trading opportunities
You are a clear communicator, open to dialogue and debate
You work autonomously and adapt to change



Additional Details

This role is eligible for our hybrid work policy working three (3) days in-office and two (2) days remote
Must be willing and able to comply with all ENGIE ethics and safety policies



Compensation

Salary Range: $131,000 – $190,000 USD annually


This represents the average expected pay range for a qualified candidate.

Actual offered salary may depend on geography, experience, industry knowledge, education, internal pay alignment, or other bona fide factors.


ENGIE complies with all federal, state, and local minimum wage laws. Actual salary offered may vary depending on geography, experience, education, internal pay alignment, or other bona fide factors.


In addition to base pay, this position is eligible for a competitive bonus / incentive plan.


Your Talent Acquisition Partner can share more specific information regarding the benefits or the salary for the position based on the work location.


At ENGIE, we take your well-being seriously. Our comprehensive benefits package includes options for medical, dental, vision, life insurance, employer-paid short-term and long-term disability insurance, ESPP, generous paid time off including wellness days, holidays and leave programs. We also help you plan for retirement by offering a 401(k) Retirement Savings Plan with a company match. But that's not all – we're dedicated to the health and happiness of your entire family, offering supplemental benefits for full time employees that enhance emotional and physical well-being through all stages of life from family forming to caregiver benefits. Explore our benefits package to see how we can support you. Learn more.



Why ENGIE?

ENGIE North America isn’t just participating in the Zero-Carbon Transition, we’re leading it! Join us as we develop energy that is renewable, efficient, and accessible to everyone.


At ENGIE, our goal is to support, promote, and thrive on diversity, equity, and inclusion. We do so for the benefit of our employees, customers, products and services, and community. ENGIE is proud to be an equal opportunity workplace, and we are firmly committed to creating an equitable and inclusive environment for all employees.


We are committed to providing employees with a work environment free of discrimination and harassment. All qualified applicants will receive consideration for employment without regard to race, color, sex, sexual orientation, gender identity, religion, national origin, disability, veteran status, or other legally protected status.


If you need assistance with this application or a reasonable accommodation due to a disability, you may contact us at ENGIENA-ENGIEHR@engie.com. This email address is reserved for individuals with disabilities in need of assistance and is not a means of inquiry regarding positions or application status.


We are unable to sponsor or take over sponsorship of an employment visa for this role at any time.


The safety of our employees is our number one priority. All employees at ENGIE have both a duty and the authority to STOP WORK if unsafe acts are observed.


Business Unit: GEMS


Division: GEMS - BP AMERICAS

Legal Entity: ENGIE ENERGY MARKETING NA, INC.

Professional Experience: Skilled ( >3 experience <15 years)


Education Level: Bachelor's Degree


Why this matters to us

Our organisation is an equal opportunity employer and is committed to fostering a diverse and inclusive workplace. We offer reasonable accommodations upon request for individuals with disabilities.

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