Capital Power

Senior Energy Trader (US East)

LocationCalgary, AB
Job TypeFull-time

About This Job


A little about Capital Power

Capital Power (TSX: CPX) is dedicated to Powering Change by Changing Power . This north star guides our ambitions, focus, and actions as we transform our energy system to power a lower-carbon future. We're a growth-oriented North American energy company headquartered in Edmonton, Alberta. Our team safely delivers, builds, and creates balanced energy solutions for customers across North America.

Our people are at the core of our journey to deliver reliable, affordable, and lower-carbon power solutions. We provide purpose-driven work in a safe and inclusive environment, and we live by our North Star . With us, your contributions matter – we want you to be empowered to innovate, collaborate, and ultimately drive results. We're here to partner with you so you can learn, grow, and forge a career that's meaningful to you. Join us in powering North America!


Your Opportunity


One Permanent Full Time Position.

Capital Power is seeking a highly motivated and analytical individual to join our Trading team as an Sr. Energy Trader (East). We are seeking to fill one vacancy that will be based at either our US Head Office in Phoenix or our Calgary office in Alberta.

This exciting opportunity is for an experienced trader to be instrumental in further developing the team's cash and term trading and asset optimization strategies across the Eastern US and Ontario power markets. The successful candidate will have a quantitative background with a proven track record both creating and executing trading and risk management strategies.

You will contribute to our team by:

Researching and understanding the dynamic fundamentals of the PJM, MISO, NYISO and IESO power markets
Optimizing and hedging natural gas and wind power generation facilities
Managing gas storage and transport positions
Creating and executing speculative power and gas trading strategies, both physical and financial
Analyzing and transacting structured products including swaps and options
Understanding and abiding by credit and risk limits
Achieving an annual profit target of $2-$4 million

What you will bring to the role:


Education:

Bachelor's degree in finance, engineering, mathematics, computer science, or a related field.
Education equivalency may be considered.


Experience:

5+ years of trading experience in physical and financial power, with a strong understanding of physical flows, transmission tariffs, and charges, throughout the eastern interconnect, including the ability to execute advanced trading strategies
Experience trading heat rates, locational spreads, and time spreads
Understanding of delta models


Technical Skills:

Proven ability to analyze large datasets, develop analytical models, and draw actionable insights
Proficiency in relevant trading platforms and analytical tools, such as Python, SQL, and R
Excellent communication and interpersonal skills, with the ability to work collaboratively in a team-oriented environment


Working Conditions:

Hybrid Office/Work from home position, with possible travel to meet business users at Capital Power facilities or other offices.
Some evening and weekend work is required in this position


Additional Details:

In order to be considered for this role you must be legally eligible to work in Canada.

The successful candidate for this position will undergo an education verification, reference checks and criminal record check.


Capital Power employees that refer a successful candidate for this position are eligible for a $1500 Referral Reward!

We believe that creating a culture that supports employee physical, mental, financial, and social wellbeing is critical to our success. That is why we provide flexible and affordable employee benefits, retirement savings, and paid time off programs. We also provide comprehensive onboarding, training, and programs supporting your career development.

Depending on the posting requirements relocation assistance may be available.


How To Apply and Next Steps

Capital Power only accepts resumes via online application at www.capitalpower.com/careers . If you choose to submit your resume by any other means, we cannot guarantee that your application will be considered for vacancies.

Applicants with disabilities who require a reasonable accommodation to complete their application can request accessible formats, communication support, or other accessibility assistance by contacting

careers@capitalpower.com .

Capital Power is committed to providing a fair and transparent hiring process. We recognize and embrace the value of diversity and hire employees with the appropriate skills, experience and knowledge for each position.

Thank you for taking the time to apply and expressing interest in powering a sustainable future with Capital Power! We wish that we could personally respond to everyone who applies; however, it is our practice to contact only those individuals selected for interviews.

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