Senior FTR Trader
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.
Qualification:
- 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 in preferred but Remote is option if enough experience is demonstrated
How to Apply
To apply, Please email your CV and cover letter to recruitment@altopenergy.com or complete the form below.