Energy Trader Resume
Summary : As an Energy Trader, responsible for Interacting regularly with other traders/fundamentals to identify opportunities and devise strategies, developing, executing, and maintaining a trading portfolio in the natural gas market with particular attention (but not limited to) the Eastern Canadian, US Northeast and US Midwest markets, and also collaborating with resource management, forward and gas trading to develop the most efficient operating strategy.
Skills : Soft Skills, Analytical Skills.
Description :
- Performed an Energy Strategy debrief with Risk Management when a new client was entered into the portfolio, and provided input to Accenture's best practices.
- Continuously managed the price risk of client portfolio and ensured that at all times you operate within the predefined Energy Strategy limits.
- Participated in new business development, especially due diligence and solution design, and maximized resource utilization to ensure optimal productivity.
- Developed short-term trading strategies to increase corporate margin through optimization of the Company's portfolio of generating assets within bilateral and ISO markets.
- Assisted with the management of outages and communication of moderately complex dispatch instructions to PacifiCorp generation plants.
- Monitored the dispatch of the Company’s generating assets on an hourly basis.
- Developed an hourly generation strategy to balance the Company’s load and resource position.
Experience
10+ Years
Level
Senior
Education
Bachelor's Degree In Finance
Energy Trader Resume
Summary : As an Energy Trader, completed end-of-day PnL and position reporting, communicated with exchanges, risk managers, and internal technology groups regarding production issues, and also worked closely with strategy developers in order to communicate and propose certain strategy-specific code changes related to execution, pricing, and risk management.
Skills : Customer-Service Skills, Detail Oriented.
Description :
- Assisted with the management of outages and communication of moderately complex dispatch instructions to PacifiCorp generation plants.
- Provided post-operational analysis to improve performance, understanding the basis and physical gas markets with expertise in Eastern Canada, US Northeast, and US Midwest markets.
- Monitored the dispatch of the Company’s generating assets on an hourly basis, and developed an hourly generation strategy to balance the Company’s load and resource position.
- Performed an Energy Strategy debrief with Risk Management when a new client is entered into the portfolio.
- Provided input to Accenture best practices, continuously managed the price risk of a client portfolio, and ensured that at all times you operated within the predefined Energy Strategy limits.
- Worked with Client Delivery to ensure that services were delivered in accordance with contractual / service level obligations.
- Participated in new business development, especially due diligence and solution design
Strong proficiency in Microsoft Excel and PowerPoint.
Experience
7-10 Years
Level
Management
Education
Bachelor's Degree In Economics
Energy Trader Resume
Headline : As an Energy Trader, responsible for developing fundamental congestion and bidding/trading strategies by performing power flow analysis, conducting research in market fundamentals, managing diversified portfolios, utilizing power flow and production cost-based simulation applications to develop congestion outlooks, and participating in monthly, annual, and long-term FTR auctions in PJM, NYISO, ISO-NE, and various other energy markets
Skills : Market Analysis, Risk Management.
Description :
- Conducted power flow analysis using technologies including Dayzer, and PSS/E models, analyzed large sets of data to quantify trading risk exposures and support decision-making related to congestion forecasts.
- Developed and successfully executed trading strategies, traded contracts, and contractual obligations.
- Optimized market bids and congestion hedges and provided basis pricing for PJM, NYISO, ISONE, and various other energy markets.
- Performed transmission analyses to identify short and long-term congestion risks and to assist with hedging activities for PSEG’s Power business.
- Analyzed and executed financial transactions at PJM Western Hub, and analyzed virtual transactions in PJM, NYISO, and ISONE.
- Analyzed and executed physical power flows in PJM, NYISO, and ISONE.
- Identified problems, and determined analytical techniques and statistical and information-gathering processes to obtain necessary information and data for analysis.
Experience
5-7 Years
Level
Executive
Education
Bachelor's Degree In Engineering
Energy Trader Resume
Objective : As an Energy Trader, responsible for developing short-term strategies to facilitate an increase in profit margin, maintaining efficient relations with traders and power marketers, and analyzing all energy transactions to evaluate price and transmission, ensuring compliance with all organization regulations for risk management.
Skills : Financial Analysis, Quantitative Skills.
Description :
- Performed research and analysis to determine the potential business impacts and strategic actions necessary due to changes related to electricity/natural gas-related product markets, and legislative and regulatory changes.
- Evaluated, negotiated, and implemented short-term power and gas trades; assisted in the development of and implemented long-term and day-ahead bidding strategies for local generation, imported generation, and ancillary services.
- Forecasted near-term energy needs and market prices incorporating weather data and other variable factors affecting consumption and market prices.
- Maintained and utilized historical statistics; analyzed capacity, market trends, market pricing, usage and outage forecasts, and storage capacity to develop trade strategies within established risk management guidelines.
- Entered schedules and trades into the Independent System Operator (CAISO) SIBR system and a variety of local trade capture systems and databases.
- Received generation schedules, calculated hourly, daily, and weekly share of output, entered data, and developed next-day schedule profiles.
- Prepared and submitted a variety of templates and reports to CAISO including Resource Data Templates and Resource Adequacy plans.
Experience
2-5 Years
Level
Executive
Education
Bachelor's Degree In Finance
Energy Trader Resume
Summary : As an Energy Trader, responsible for maintaining the client portfolio to analyze risk factors for energy processes, implementing various trades in the client portfolio in the trading desk system, administering price risk for the client portfolio, assisting in the reconciliation of orders, ensuring compliance to all trading desk policies for all processes.
Skills : Energy Market Regulations, Trading Platforms.
Description :
- Entered scheduled and traded into the SoCal Gas Envoy system; monitored and communicated specifications of the trade/deal; monitored cuts and pipeline capacity.
- Ensured appropriate matching; optimized gas transports by negotiating and executing short-term purchases and sales; analyzed trading options and determined optimal usage of assets.
- Planned, organized, and conducted management and program analysis relating to energy issues.
- Analyzed alternatives and made recommendations; discussed findings with management; prepared reports of results.
- Developed implementation plans and assisted in implementing policies and procedures; drafted reports, and recommended policy change documents and presentation materials for management.
- Stayed abreast of emerging trends and advancements in energy production and distribution technology, the legislative environment, and the energy market; attended and presented at conferences and industry events.
- Purchased and sales focused on balance-of-the-day to 24 months in advance to maximize Xcel Energy revenues and reduce system costs.
Experience
10+ Years
Level
Senior
Education
Bachelor's Degree In Economics
Energy Trader Resume
Summary : As an Energy Trader, profitably engaged in proprietary trading of physical and financial energy products, operated within defined risk parameters and products (per internal risk policy). Developed and implemented trading strategies that capture inefficiencies of the market as a result of commodity volatility, pricing disparity, congestion, and binding constraints.
Skills : Adaptability, Technical Analysis.
Description :
- Worked closely with Analytics Group, as well as independently, to develop and maintain the fundamental market research and analysis tools required for effective trading and decision-making.
- Maintained up-to-date knowledge of industry regulations and potential changes that may affect the markets.
- Adhered to all administrative and compliance standards and procedures as directed by Compliance, Risk Management, and the Senior Vice President, Energy Trading.
- Operated grey and black box algorithmic trading strategies in accordance with the trading desk’s objectives.
- Monitored trading activity and positions consistently throughout the shift, and performed research and post-trade analysis using the firm’s research tools on a variety of algorithmic trading strategies to improve the profitability of existing models.
- Worked with back office to solve trade breaks, position & activity reconciliation exceptions.
- Maximized resource utilization to ensure optimal productivity, developed and implemented trading strategies (both physical and financial) in accordance with the organization's risk management guidelines.
Experience
7-10 Years
Level
Management
Education
Bachelor's Degree In Economics
Energy Trader Resume
Headline : As an Energy Trader, responsible for working with Risk and Credit to administer credit risk management policies and ensure creditworthiness of potential customers and suppliers, providing leadership, mentoring, and training to junior-level staff.
Skills : Customer Service, Trading.
Description :
- Identified and analyzed technical market factors and fundamental factors that affect market prices, system costs, basis, and availability of power supply and transmission.
- Profitably traded a combination of OTC forwards, OTC options, NYMEX products, and ISO products (as applicable) to generate trading margins for Xcel Energy proprietary.
- Provided leadership and training to trading staff, focused on western bilateral markets (WECC) and CAISO/SPP.
- Examined and executed regional arbitrage, analyzed and reacted to current and anticipated markets.
- Collaborated with other business units and/or departments to identify and facilitate business process improvements.
- Interacted regularly with other traders/fundamentals to identify opportunities and devise strategies.
- Developed, executed, and maintained a trading portfolio in the natural gas market with particular attention (but not limited to) the Eastern Canadian, US Northeast, and US Midwest markets.
Experience
5-7 Years
Level
Executive
Education
Bachelor's Degree In Finance
Energy Trader Resume
Objective : As an Energy Trader, responsible for serving as the company's primary interface to energy markets responsible for providing expert market information, opinions, and pricing for all areas of the company that require this information, and also for providing trade execution for all spot and term trades in the relevant market.
Skills : Marketing, Merchandising.
Description :
- Generated profit in the power and natural gas market through proprietary trading and/or asset optimization by taking independent, autonomous action that is supported by research that has been developed by proprietary models and through maintaining industry contacts and knowledge.
- Assisted in managing merchant risk exposure for BETM and DGC financial and physical power assets with the development and execution of hedging plans with a variety of trading instruments.
- Worked closely with Origination in order to help develop structured energy products needed by Xcel Energy customers.
- Managed Excel Energy's electric system position through the use of financial, physical, and structured trading products.
- Provided leadership, mentoring, and training to junior-level staff, and developed business relationships with other market participants that increased trading profitability.
- Collaborated with resource management, and forward and gas trading to develop the most efficient operating strategy.
- Developed an hourly generation strategy to balance the Company’s load and resource position.
Experience
2-5 Years
Level
Executive
Education
Bachelor's Degree In Finance
Energy Trader Resume
Summary : As an Energy Trader, responsible for preparing reports for all technical and fundamental specifications, profitably engaging in proprietary trading of physical and financial energy products, and also operating within defined risk parameters and products (per internal risk policy).
Skills : Algorithmic Trading, Financial Instruments.
Description :
- Responsible for assisting in generating company assets on a regular basis, and designing efficient operating strategies in coordination with the hydro planning team.
- Responsible for managing negotiation of sales of excess power to increase profits, and monitoring purchase of energy and gas for current system load.
- Responsible for assisting in trading of physical and derivatives markets, providing support to the business development team for all new products.
- Responsible for coordinating with the risk management team to design energy strategy.
- Responsible for developing and implementing trading strategies that capture inefficiencies of the market as a result of commodity volatility, pricing disparity, congestion, and binding constraints.
- Responsible for strategically evaluating PJM, NYISO, and ISONE markets for potential growth.
- Responsible for creating databases to evaluate historical market data, path and portfolio selection, and risk management criteria.
Experience
7-10 Years
Level
Management
Education
Bachelor's Degree In Economics
Energy Trader Resume
Headline : As an Energy Trader, served as the company's primary interface to the energy markets responsible for providing expert market information, opinions, and pricing for all other areas of the company that require this information and also for providing trade execution for all trades in the relevant term and market.
Skills : Risk Management System, Fundamental Analysis.
Description :
- Developed through maintaining industry contacts and industry knowledge and by developing proprietary research models.
- Experienced trading in physical and financial products, including forwards, spots, swaps, options, and futures.
- Understood gas trading as related to hedging power, and understood options fundamentals.
- Understood generation cost differences based on the type of generator such as wind, combined cycle, and coal.
- Experienced in the energy markets including but not limited to supply and demand, logistics, regulations, and operations.
- Monitored the dispatch of the Company’s generating assets on an hourly basis.
- Established and maintained professional relationships with wholesale power marketers, traders, brokers, and the financial community.
Experience
5-7 Years
Level
Executive
Education
Bachelor's Degree In Economics
