ERCOT Fundamental Trader Analyst

Full-time
On-site
Denver – Traf Office United States of America
Trafigura

Main Purpose:

At the heart of global supply, Trafigura connects vital resources to power and build the world. Through our Oil & Petroleum Products, Gas and Power, and Metals and Minerals, commercial divisions, we use infrastructure, logistics and financing to connect producers and consumers, using our deep understanding of the markets we serve to make supply more efficient, secure and sustainable.

We are committed to responsible business practices and believe that the supply of energy and raw materials is essential for growth, development and prosperity. We are accelerating our investments in renewable energy, including hydrogen, ammonia and other low-carbon energy technologies required for the transition to a low carbon future. And we work with our stakeholders to improve environmental and social standards, bringing greater trust and transparency to global supply chains.

A career at Trafigura offers a gateway to working on some of the most exciting challenges of a rapidly changing world – from helping to optimize supply chains to developing infrastructure and new markets. In a culture that is founded on openness and energy, our people work as part of a multinational, globally connected team and thrive in a fast-paced environment where they can nurture and commercialize bold ideas. Everyone has a voice and is empowered to collaborate across geographies and disciplines to help shape our business and the wider world. We know the importance and value of diversity in our business and we invest in attracting, developing and retaining talent from all backgrounds.

Founded in 1993, Trafigura is one of the largest independent employee-owned commodities groups in the world with over 13,000 people working in 48 countries. The Trafigura Group owns global multi-metals producer Nyrstar; fuel storage and distribution company Puma Energy; and joint ventures Impala Terminals, a port and logistics provider, and Nala Renewables, investing in wind, solar and battery storage projects.

We are looking for an ERCOT Fundamental Trader/Analyst that will be responsible for conducting in-depth research and analysis of the electricity market supply, demand, and grid congestion fundamentals to support daily energy trading activities and assess longer-term trends. This role plays a crucial part in identifying and capitalizing on market opportunities, contributing to the company's profitability and success in the ERCOT market.

Knowledge Skills and Abilities, Key Responsibilities:

Knowledge, Skills and Abilities

  • Have at least 2-5 years of experience trading ERCOT FTR or Virtuals.
  • Have strong programming skills in R or Python.
  • Experience with industry software tools like (Dayzer, Powerworld, PROMOD etc)
  • Preferred advanced degree in Engineering, Mathematics, Physics or equivalent.
  • Proven track record of PnL generation across ISOs products.

Key Responsibilities

  • Developing, maintaining, executing and calibrating new power flow optimization models.
  • Working with a team to implement systematic congestion analysis using optimal power flow (OPF) and nodal market simulation.
  • Research and modelling of electricity market supply, demand and grid congestion fundamentals for daily energy trading and to assess longer-term trends.

Competencies

  • Have an entrepreneurial mindset and strong analytical capabilities.
  • Ability to work under pressure in a fast paced and changing environment.
  • Strong communication and collaboration skills, with a team-oriented mindset.
  • Excellent problem-solving and critical thinking abilities.

Key Relationships and Department Overview:

US Power Team.