Real Time Energy Market Trader I

The New York Power Authority is hiring a Real Time Energy Market Trader I in White Plains, NY. The role involves overseeing trading systems, managing bids and forecasts, and participating in energy markets. Candidates should have a bachelor's degree and at least 2 years of related experience. The position requires working a 24/7 rotation, including holidays and weekends. The salary range is $97,000 to $133,100.
Summary

Ensures successful trading by overseeing trading systems, reconciling positions, verifying market data, prices and product lists and monitoring exchange connectivity. Performs functions and activities related to energy trading including but not limited to short term trading, long term trading, real time trading, bidding, and marketing. In addition to transacting in financial and physical energy market with counter parties; Participates in New York Independent System Operator (NYISO) Day Ahead, Real Time energy and ancillary services markets. #LI-VB1

Responsibilities
• Execute daily functions required by NYISO as an LSE, Power Supplier, Transmission Customer & Market Participant
• Develop, monitor, adjust bids/schedules and forecasts to ensure adherence to strategy, fuel management constraints, contractual obligations & appropriate governance
• Review and analyze market conditions to develop & submit bids for all NYPA assets/portfolios on hourly/daily/forward basis
• Manage NYPA trading tools as appropriate to reduce NYPA exposure to market volatility
• Stay current with NYISO procedures, market issues and reports.

Knowledge, Skills and Abilities
• Familiar with Wholesale Electricity Market, Fuel Markets and/or associated Financial products.
• Basic business, statistical, financial, analytical and reasoning skills
• Strong analytical and communication skills
• Able to adapt, multitask and work under pressure

Education, Experience and Certifications
• Bachelor's degree required
• Minimum of 2 years of related experience in an analytical role or equivalent combinations of education & experience.
• Utility or Energy Company experience preferred

Physical Requirements

Real Time Traders, ability to work a 24/7 12-hour rotation, holidays and weekends.

The New York Power Authority is committed to providing fair, competitive, and market-informed compensation. The estimated salary range for this position is: $97000.00-$133100.00. The salary offered will be determined based on the successful candidates’ relevant experience, knowledge, skills, and abilities.

The New York Power Authority and Canal Corporation believes that diversity, equity, and inclusion drive our success, and we encourage women, people of color, LGBTQIA+ individuals, people with disabilities, members of ethnic minorities, foreign-born residents and veterans to apply. As an equal opportunity employer, NYPA/Canals is committed to building inclusive, innovative work environments with employees who reflect communities across New York and enthusiastically serve them. We proudly celebrate diversity and do not discriminate based on race/color, creed/religion, national origin, citizenship or immigration status, age, disability, military status, gender/sex, sexual orientation, gender identity/expression, pregnancy and related conditions, familial/marital status, domestic violence victim status, predisposing genetic characteristics, arrest/criminal conviction record or any other category protected by law.

NYPA/Canals will also provide reasonable accommodations during the hiring process related to candidates’ disabilities, pregnancy-related conditions, religious observances/practices and/or domestic violence concerns. To request an accommodation, please email accessibility@nypa.gov.