Short-term Renewable Power Portfolio Manager/Trader

Chicago, IL 60654 | Work from home flexibility

Posted: 08/16/2023 Industry: Energy-Front Office Job Number: 1738

Job Description

A global energy trading firm in Chicago seeks an experienced portfolio manager to optimize its renewable power generation assets. This position is part of the commercial operations speculative and asset trading teams. The portfolio manager models the market price risks of its renewable power generation assets and proposes hedging strategies to optimize these assets and minimize risks. 

Responsibilities include:
  • Commercial dispatch, optimization, and hedging of a sizeable renewable power portfolio consisting of utility-scale wind, solar, and battery storage generation,
  • Forecasting the market price risks for the company's renewable power portfolio and in the OTC markets daily. Back-testing models,
  • Modeling and identifying risks and opportunities in the power markets using statistical and fundamental analyses,
  • Developing and optimizing the trading activities within CAISO, ERCOT, MISO, NEISO, NYISO, PJM, and SPP in the short term (prompt up to a month ahead), and
  • Developing and operating short-term strategies for integrated wind, solar, and battery storage portfolios.

Educational and professional experience includes a bachelor’s degree in mathematics, electrical engineering (power systems focus), economics, or a related field; experience in asset trading and portfolio management in the conventional or renewable power markets (required); strong knowledge of options and derivatives; experience programming in Python and SQL; ability to build statistical models and manage large datasets; and strong analytical skills.
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