TotalEnergies

Senior Power Trader

Houston, TX

Full-time

About This Job

Contexte et environnement

TotalEnergies has ambitions to develop and operate renewable power generation in the US. TotalEnergies Gas & Power North America Inc. will be instrumental in supporting that activity on a physical scheduling and commercial/marketing basis.

US electricity markets are complex and volatile and as a consequence trading such market requires an excellent understanding of risks. There are strong interrelationships, correlation between electricity and other commodities markets such as gas or coal, and the increasing part of renewables in the electricity mix puts this activity at the heart of the Gas, Renewable and Power branch.

PURPOSES

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To work within the formalised delegated Trading Authority Limits.

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Abide by Compliance rules and directives.

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Contribute positively towards the financial trading P&L.

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Execute power trading strategy on wholesale (physical & financial) markets within trading execution limits under direction of N+1.

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Compliance with the Code of conduct and all policies and procedures of the Company and the Group.

Activités

Yo ur mission as a Senior Power Trader include:

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Develop and maintain a detailed understanding of the US Power markets on multiple ISO.

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Develop & maintain market models and analysis tools, including forward curves & market information reports.

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Input to power trading strategy, including identify new products & markets.

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Own the trading strategies of the desk, be able to communicate their rationale to management.

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Work closely with the operational team to ensure physical positions are managed and transferred to the operational team in a timely manner for scheduling.

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Support commercial efforts to offer and implement electricity purchase and sale and other power contracts to other group entities third parties.

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Maintain good internal working relationships with internal departments: risk control, finance, HR, compliance and legal.

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Maintain a good and up to date knowledge of financial market regulations in the markets we operate.

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Build and maintain good relationship with and knowledge of the main market stakeholders: other electricity consuming or producing TotalEnergies affiliates, external counterparties, brokers, exchanges, ISOs, etc.

DIMENSIONS

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The Senior Power Trader will participate in the day to day speculative trading activity and work closely with Power Trading team members and Research to devise trading strategies to maximise P&L.

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Electricity Trading is a growing area for TGPNA. The Senior Power Trader will initially play an integral part of growing the activity in terms of identifying new opportunities in the various ISO markets.

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For the new activities the Senior Power Trader will establish the scope of work required for implementation, specifying systems, contributing towards establishing procedures and achieving internal authorisations to trade new markets.

Profil du candidat

You are someone who possesses the following experience and credentials:

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University educated with significant mathematical, economic or finance knowledge.

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Strong analytical capabilities and fundamental understanding of energy markets.

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15 year’s relevant industry experience in an electricity, gas and renewable/emissions organisation.

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Experience in operations and risk management relating to wholesale energy trading.

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Fluent in English

Informations supplémentaires

TotalEnergies valorise la diversité, promeut le développement individuel et offre des opportunités d'emploi égales à tous les candidats.

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