Energy Trader

Summary

Join Equilibrium Energy, a Series B clean energy startup, as an Energy Trader. You will be part of the Portfolio Management group, collaborating with researchers, engineers, and traders to develop and execute virtual, PTP, and FTR trading strategies across multiple ISOs. This role involves fundamental market analysis, leveraging power flow models, optimizing trading positions, and maintaining expertise in ISO rules and regulations. You will collaborate with risk management and portfolio management teams and contribute to improving trading models and automation tools. The ideal candidate possesses a strong background in trading, grid modeling, and data analysis, along with proficiency in Python and SQL. Equilibrium offers a competitive salary, comprehensive benefits, flexible work arrangements, and opportunities for professional growth.

Requirements

• Bachelor's or advanced degree in Engineering, Mathematics, Economics, Computer Science, or a related field, masters preferred
• Proven experience in trading or supporting a trading desk, with a focus on Virtuals, PTP and FTRs
• Strong expertise in fundamental grid modeling and power flow analysis, using tools such as PowerWorld, Dayzer, or similar
• Deep knowledge of ISO market structures, bidding strategies, and congestion modeling in any of ERCOT, PJM, MISO, and SPP
• Strong proficiency in Python, with experience in data analysis, automation, and model development for trading strategies
• Ability to interpret market data and transmission constraints to drive trading decisions
• Strong collaboration skills with quantitative researchers and software engineers to refine and scale trading models

Responsibilities

• Develop and execute Virtuals and FTR trading strategies across one or multiple ISO/RTO markets (ERCOT, PJM, MISO, SPP, CAISO)
• Conduct fundamental market analysis, leveraging power flow models such as PowerWorld and Dayzer, or similar to identify congestion patterns and trading opportunities
• Work closely with quants and engineers to integrate fundamental modeling forecasts and insights into existing and new strategies
• Analyze nodal price formation, transmission constraints, and generation dispatch to optimize trading positions
• Maintain an in-depth understanding of ISO rules, policy changes, regulatory impacts on trading strategies and act as a subject matter expert on short term and congestion trading approaches
• Collaborate with risk management and portfolio management teams
• Contribute to the continuous improvement of trading models, automation tools, and market data pipelines

Preferred Qualifications

Experience with SQL, R, and other analytics/data tools

Benefits

• Competitive base salary and a comprehensive medical, dental, vision, and 401k package
• Opportunity to own a significant piece of the company via a meaningful equity grant
• Unlimited vacation and flexible work schedule
• Ability to work remotely from anywhere in the United States, Canada & Europe, or join one of our regional hubs in Boston, SF Bay Area, or London
• Accelerated professional growth and development opportunities through direct collaboration and mentorship from leading industry expert colleagues across energy and tech