Job Description
Dynasty Power trades electricity, gas, and environmental products across the US, Canada, Mexico, and the EU.
Dynasty is active in all the major power trading markets including CAISO, Ontario IESO, ISO-NE, NYISO, PJM, MISO, SPP, AESO, and ERCOT.
We are looking to add an experienced financial power trader to our US-based team.
The candidate will be responsible for proprietary East Power and Natural Gas trading with a concentration in PJM, MISO and/or Northeast markets.
Dynasty Power offers a dynamic work environment, a full benefits package, a competitive base, and as a self-funded firm, we have one of the best incentive plans in the industry.
This position is located in our Houston office or our new Calgary office.
Responsibilities
- Trade proprietary prompt-to-term financial products, primarily in PJM, MISO, NYISO, and ISO NE.
- Perform analysis and fundamental research related to Eastern Interconnect.
- Work with other members of the desk to share market knowledge and views.
- Work with Origination to price and manage structured deals as required.
- Work in close partnership with control functions such as Compliance, Risk, and Credit to ensure appropriate governance and control infrastructure.
Qualifications
- Degree from a leading university with a concentration in Economics, Business, Engineering, Statistics, or Mathematics.
- 5+ years of trading experience in physical and financial power.
- Experience trading heat rates, locational spreads, and time spreads.
- Option trading experience is desirable.
- Demonstrated knowledge of power and gas fundamentals in the Eastern Interconnect.
- Demonstrated knowledge of market rules and tariffs of RTO/ISOs in the Eastern Interconnect.
- Demonstrated knowledge of Risk Management principles.
- Self-motivated and has the desire to achieve success in a rapidly evolving high-pressure trading environment.
Skills
- Proprietary power trading experience.
- Strong analytical and quantitative skills required.
- Programming experience is desirable (Python, VBA, SQL)
- Data Science skills are desirable (Tableau, R, Power BI)
