altop energyDenver, CO
Senior Nodal Power Trader
Senior Nodal Power Trader
Senior Nodal Power Trader
altop energyDenver, CO
yesterday
Other Electric Power GenerationInvestment Banking and Securities IntermediationElectric Bulk Power Transmission and Control
Apply for this role →Senior Nodal Power TraderAltop Energy is seeking a highly motivated and experienced FTR Trader to join our nodal power trading team. This role is ideal for a candidate who thrives on congestion market dynamics and has a strong track record trading FTRs/CRRs across ISOs like PJM, ERCOT, MISO, or SPP. You'll be responsible for developing and executing congestion-based strategies using fundamental and quantitative insights to drive profitability.
Key Responsibilities:
Trade FTRs/CRRs across various ISO/RTO markets with a focus on speculative and hedging strategies.
Identify and capitalize on transmission congestion opportunities through deep analysis of power flows, constraints, and market structure.
Conduct forward-looking congestion modeling using production cost models and power flow analysis.
Continuously evaluate and optimize FTR portfolios based on market signals, auction design, and risk-adjusted returns.
Collaborate with fundamental analysts, data scientists, and developers to refine models and enhance trading infrastructure.
Monitor ISO policy changes, auction mechanics, and topology updates to adjust trading strategies.
Qualifications:
Minimum 4 years of direct experience trading FTRs/CRRs in US nodal power markets (e.g., PJM, ERCOT, MISO, SPP).Proven track record of generating consistent P&L from FTR trading within defined risk limits. Deep understanding of ISO-specific auction formats (monthly, annual, seasonal) and congestion settlement processes. Strong power systems knowledge, including transmission topology and congestion modeling. Proficiency with tools such as Powerworld, Promod, Dayzer, or similar production cost and power flow modeling software. Strong programming/data skills in Python, SQL, R, or C#.Bachelor's degree in Engineering, Economics, Mathematics, or a related field (Master's preferred).Self-motivated, detail-oriented, and able to work both independently and as part of a team in a high-performance environment.
Location:
Houston TX or RemoteHow to ApplyTo apply, please email your CV and cover letter to recruitment@altopenergy.com.
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Level
Senior
Location
Denver, CO
Occupation
Financial Quantitative Analysts
Industry
Other Electric Power Generation
Posted
yesterday