RWE Supply & Trading Americas, LLC, Commercial / Trading

To start as soon as possible, Full time, Permanent

Your future plans
An exciting new opportunity opened for an experienced short-term congestion trader to join and become a core part of our US congestion optimisation team.

The US congestion trading desk at RWE manages the long- and short-term congestion exposure of our existing renewables portfolio. Our trading activities are focussed around various ISOs across the US (e.g. ERCOT, NYISO, SPP, MISO, PJM).
Your role is to develop and execute trading strategies in multiple US congestion markets, develop and maintain our pricing models and to deploy trading capital to make profitable decisions. You will be managing, optimizing and maximizing the congestion revenues for our assets in the US. Furthermore, you will closely work with a fast growing team of energy trading professionals from diverse backgrounds.

• Develop, optimize and execute our short-term (day-ahead) congestion trading strategies in various ISO regions (e.g. ERCOT, NYISO, SPP & PJM)
• Analyze and formulate opinions about short-term market risks and opportunities to take positions in the Day-ahead market
• Utilize and finetune our quantitative analysis techniques and machine learning approach
• Applying our fundamental market models to test and derive your trading strategy
• Build and maintain relationships with our fundamental market experts and various other experts across the group (e.g. AI modelling experts)
• Build-up performance dashboards and automate workflows to streamline our daily trading routine

Your powerful skills

• University degree in Mathematics, Economics, (Electrical) Engineering or related field
• Profound professional experience in electricity markets (e.g. in a commercial, consulting or similar role)
• Experienced in managing and analyzing large scale structured and unstructured data using e.g. Python or R, familiar with SQL and data modelling
• Outstanding understanding of commercial dependencies and influencing commercial acumen
• Demonstrate a self-confident natural behavior and be comfortable to handle uncertain (market) situations
• Excellent analytical mindset, striving for optimization and performance
• Strong team player & excellent communicator with a high degree of personal commitment, motivation and the ability to work independently

Benefits you can rely on

• Join an international leading energy trading house which is in a period of growth
• Find yourself in a motivating workplace that is built on mutual trust, values and a feedback culture with a positive and inspiring working atmosphere
• Discretionary bonus based on execution performance
• Vivant team work, support and openness, visibility and recognition of own work
• Relocation package available

rwe.com/career

Apply now with just a few clicks: ad code 79800

Any questions? Madlen Krembel (Recruiting), M: +49-162-2960416

We look forward to meeting you!