DTE Energy Senior Power Trader in   Houston, Texas

Power Trader

Location: Houston, Texas

DTE Energy Trading (Houston Office) is seeking a short term fundamentals based PJM/MISO/NEPOOL Trader focusing on 12 months and in, with a positive trading track record ($2-4M minimum).

The Trader must have 10+ years of trading experience with particular experience using volatility measurements and a working knowledge of derivative instrument types. The Trader must have business knowledge covering both the theoretical definitions and practical implications of liquidity, bid/ask spreads, correlation, risk measurement, potential reward as a risk:reward ratio, position sizing, risk management, and price-neutral strategies.

Responsibilities:

  • Generate P/L in excess of 1M in first year through speculative trading

  • Develop and maintain market research tools

  • Works well with colleagues, in a collaborative team environment

Requirements:

  • Bachelor degree (Accounting, Economics, Finance or Technical degree preferred)

  • Experience in proprietary trading, position management, and VAR calculations

  • Excellent communication skills

  • In-depth market knowledge

DTE Energy is an equal opportunity employer and considers all qualified applicants without regard to race, color, sex, sexual orientation, gender identity, age, religion, disability, national origin, citizenship, height, weight, genetic information, marital status, pregnancy, protected veteran status or any other status protected by law.

Requisition ID: 19795