Invenergy

Power Trading Associate

LocationChicago, IL
Job TypeFull-time
Salary$95,000-$105,000

About This Job

Invenergy drives innovation in energy. Powered by decades of entrepreneurial experience and unparalleled execution, we solve the energy challenges facing our customers and communities. We provide power generation and storage solutions at scale around the world to create a cleaner energy future. We develop. We build. We own. We operate. We are Invenergy.

This position will be open for application for at least 3 calendar days from the posting date. This position will remain open for application based on business need, which may be before or after the 3-day posting window.


Job Description


Position Overview

As a Power Trading Associate, you will be a member of the team that is responsible for optimizing returns on transactions for Invenergy’s fleet of Renewable and Natural Gas assets in the United States and Canada, ensuring that transactions maximize gross margins within pre-defined risk limits, and actively seek opportunities to minimize credit exposure and reduce transaction costs.


Responsibilities

Support trading activities with the risk management, financial reporting, asset management and settlements functions.
Support trading floor operations, including but not limited to, transaction execution, energy scheduling, support of the development of analytical tools, support of after-the-fact analysis and translate those results.
Support the origination and execution of mid-marketing transactions for structured hedges, involvement in negotiations of enabling agreements such as ISDA, NAESB, and EEI.
Provide accurate reporting of hedges that adhere to constraints of the assets’ project finance structures, including the use of swaps, options, FTRs/CRRs, basis trades, REC trades and other structured products.
Interface with external customers, partners, and brokers. Internally this position will interact with teams such as commercial transactions, trading, asset management, risk, and accounting.


Minimum Qualifications:

Bachelor’s Degree in Engineering, Science, Economics, Math, Business, or a related field.
3+ years of relevant experience.
Proficiency with MS Office, specifically with Excel.
Eligible to work in the United States without the need for employer visa sponsorship now or in the future.


Preferred Qualifications:

Knowledge of energy markets: ERCOT, PJM, SPP, NYISO, and MISO - other industries good (likes commodity, financial markets)
Understanding of renewable generation and how it interacts with RTOs, Transmission Owners, and Balancing Authorities.
Experience with ETRM systems (i.e. Allegro, Adapt2)
Experience working with basic programming, data or workflow tools (i.e. PowerBI, SQL, Python)
Strong asset and transaction modeling skills.
Strong organizational and analytical skills.
Outstanding written and verbal communication skill.


Base Pay

$95,000.00 - 105,000.00 USD Annual Bonus: 20% - 30%

The base pay range reflects the minimum and maximum target salary for the position. Invenergy considers a number of factors when determining base pay offers such as the scope and responsibilities of the position and the candidate's experience, education and skills.

In addition to base pay, the total annual compensation package may also include eligibility to participate in our bonus program(s) which are designed to reward individual and company performance. Your recruiter can share more about bonus eligibility for this position during the hiring process.

Invenergy offers a variety of other benefits including medical, dental and vision insurance, 401k, paid time off, etc.

Invenergy LLC is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to, among other things, race, color, religion, sex, sexual orientation, gender identity, national origin, age, status as a protected veteran, or disability.

Similar Jobs

company-logo

Power Trading Associate

Invenergy
Job TypeFull-time
Salary
$95000 - $105000
Chicago, IL
9 days ago
company-logo

Power Trader

The Energy Authority
Job TypeFull-time
 
Jacksonville, FL
18 days ago
company-logo

Senior Power Trader

TC Energy
Job Typefull_time
 
Houston, TX
1 day ago
company-logo

Senior Power Trader

Engie
Job TypeFull-time
Salary
$131000 - $190000
Houston, TX
16 days ago
company-logo

Power System Trader

Xcel Energy
Salary
$94600 - $133800
Denver, CO
9 days ago
company-logo

Associate Trader

TerraForm Power
Job Typefull_time
 
New York, NY
11 days ago
company-logo

Energy Trader

Puget Sound Energy
Salary
$104500 - $174100
Bellevue, WA
4 days ago
company-logo

Senior Energy Trader

Puget Sound Energy
Salary
$120400 - $200400
Bellevue, WA
4 days ago
company-logo

Energy Trader

TC Energy
Job TypeFull-time
 
Houston, TX
30 days ago
company-logo

Structured Power Trader

TotalEnergies
Job Typefull_time
 
Houston, TX
11 days ago
company-logo

US Power Market Analyst

TotalEnergies
Job Typefull_time
 
Houston, TX
14 days ago
company-logo

Senior Energy Trader (US East)

Capital Power
Job TypeFull-time
 
Calgary, AB
10 days ago
company-logo

Power Marketing Advisor

Engie
Job TypeFull-time
Salary
$99000 - $151800
Houston, TX
1 day ago
company-logo

Associate Trading Analyst

Xcel Energy
Salary
$82800 - $117600
Denver, CO
17 days ago
company-logo

Power Marketing Analyst II

Engie
Job TypeFull-time
Salary
$74900 - $114770
Houston, TX
1 day ago
company-logo

Power Marketing Analyst II

ENGIE Deutschland
Job Typecontract
Salary
$74900 - $114770
Houston, TX
1 day ago
company-logo

Day Ahead (Power) Market Operations Coordinator Associate

American Electric Power
Job TypeFull-time
Salary
$72380 - $90474
Columbus, OH
15 days ago
PL

Power Industry Sales Consultant

ProgUSA LLC
Job TypePart-time, Full-time, Contract
Salary
$48000 - $60000
Altamonte Springs, FL
23 days ago
company-logo

Real Time Power Trader

Phillips 66
Job Typefull_time
 
Houston, TX
18 days ago
company-logo

Senior Trading Accountant

TotalEnergies
 
Houston, TX
4 days ago

Trending Jobs

company-logo

Assistant General Manager, Navy Yard Electric Utility

Job TypeFull-time
Salary
$108000 - $108000
Philadelphia, Pennsylvania
about 1 month ago
company-logo

Electrical Engineer

Dudley Staffing
Job TypeFull-time
Salary
$55 - $75
Canonsburg, Pennsylvania
4 months ago
company-logo

Division Order Analyst

Job TypeFull-time
 
Dallas, Texas
22 days ago
company-logo

Accounts Payable Clerk

Job TypeFull-time
Salary
$65000 - $65000
Dallas, Texas
about 1 month ago
company-logo

contract landman

HPS Oil & Gas Properties
Job TypeFull-time
 
Lafayette, Louisiana
3 months ago
company-logo

Oil and Gas Land and Title Analyst - SAM Associate II

Bank of America
Job TypeFull-time
 
Dallas, Texas
about 2 months ago
company-logo

Attorney

Toeppich & Associates
Job TypeFull-time
 
Houston, Texas
about 1 year ago
company-logo

Senior Landman

Greenlake Energy
Job TypeFull-time
 
Austin, Texas
about 2 months ago
company-logo

Contracts Administrator

Third Coast
Job TypeFull-time
Salary
$70000 - $85000
Houston, Texas
about 1 month ago
company-logo

Foundry Professionals

Penticton Foundry
Job TypeFull-time
 
British Columbia, Canada
24 days ago
company-logo

Electrical Designer

Dudley Staffing
Job TypeFull-time
Salary
$45 - $60
Canonsburg, Pennsylvania
4 months ago
company-logo

Title Landman

Sustain Land Services
Job TypeFull-time
 
Norman, Oklahoma
2 months ago
company-logo

Deckhand

Ballard Marine Construction
Job TypeFull-time
 
Bradenton, FL
26 days ago
company-logo

Landman

Stockyards Energy Land Services
Job TypeContract
 
Akiachak, Texas
5 months ago
company-logo

HSE Operations Manager

ProPetro Services, Inc
Job Typefull_time
 
Midland, TX
8 days ago
company-logo

Apprentice Lineman

N Line Electric
Job TypeFull-time
Salary
$68640 - $106080
Longmont, CO
19 days ago
company-logo

Apprentice Qualified Lineman (Local 125) - Various Locations - #113398

PacifiCorp
Job TypeFull-time
 
Truth Or Consequences, NM
28 days ago
company-logo

Lineman, Apprentice

Imperial Irrigation District
Job TypeFull-time
Salary
$82706 - $95679
Imperial, CA
25 days ago
company-logo

Apprentice / Lineman

Saber Power Services
Job TypeFull-time
 
Rosharon, TX
29 days ago
company-logo

Lease Records Administrator

WEM Operating
Job TypeFull-time
 
Provo, Utah
about 2 months ago