Energy Trader

Remote: 
Hybrid
Contract: 
Work from: 
Calgary (CA)

TC Energy logo
TC Energy Utilities (Electric, gas & water) XLarge https://www.TCEnergy.com/
5001 - 10000 Employees
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Job description

Determined. Imaginative. Curious. If these are some of the ways you describe yourself — we want to learn more about you! At TC Energy, we are Energy Problem Solvers — passionate about transitioning North America to cleaner energy while meeting the energy demands of today and tomorrow. If that sounds like a challenge you want to help tackle, we want you to join our team! 

The Opportunity 

Our Power & Energy Solutions team is looking to add a Power Trader to our Power Trading team focusing on trading in the short to medium term CAISO and Desert SW markets, based in Calgary, AB. 

 

The Power Trader will be responsible for setting the strategy to manage commodity risks using various hedging instruments. This includes tracking and reporting on power positional risk and financial performance, while collaborating with fundamental analysts to inform both short-term decisions and long-term strategic initiatives. In that effort, the trader is expected to meet the annual financial plan for the portfolio as well as deploy risk in a consistently profitable manner adding new business value within the risk compliance policies of the company. 

 

What you'll do 

  • Maintain an accurate power position and deploy risk to add new business dollars to the financial plan while managing commodity risk within Portfolio tolerances 
  • Collaborate cross-functionally to develop a regional price view to support short term trading initiatives as well as longer term strategic efforts 
  • Contribute to the overall P&L of the Western Power group through financial trading of Power complementing our Physical Power trading strategies
  • Analyze current and forecasted market fundamentals across ISO and provide direction and view for power portfolio 
  • Manage dynamic CCA and WCA portfolio for compliance and trading purposes
  • Provide project support as an involved member of the Portfolio business plan projects and support any departmental initiatives 
  • Take ownership of specific Portfolio topics as regional subject matter expert and provide insights into these topics 

 
Minimum Qualifications 

  • Post-secondary degree in finance, economics, or a related field 
  • 5-10 years of proven success in power trading (preference for regional expertise in the West but will consider other ISO experience) 
  • In depth knowledge of the Western wholesale electricity markets, trading in those markets, and the associated infrastructure supporting those markets 
  • Knowledge of physical power transactions in the WECC region
  • Strong analytical and quantitative skills, with proficiency in data analysis and market modeling 
  • Demonstrate risk appropriate decision-making abilities 

Preferred qualifications 

  • 10 years’ experience trading Western power with a focus on California and Desert SW power 
  • An advanced degree (MBA, Finance, Engineering, or related analytical discipline)
  • Experience with Python 

 

To remain competitive, support our high-performance culture and allow for more flexibility in the way we work, we offer a hybrid work model and flexible dress code for our eligible office-based workforce in Canada, the U.S. and Mexico. #LI-Hybrid

About our business

TC Energy is a leading energy infrastructure company in North America. We have complementary businesses of natural gas pipelines and power generation. Our operations span three countries, seven Canadian provinces, and 34 U.S. states.


TC Energy is an equal opportunity employer.

Learn more

Visit us at TCEnergy.com and connect with us on our social media channels for our latest news, employee stories, community activities, and other updates.

Thank you for choosing TC Energy in your career search.

* Depending on qualifications, the successful candidate may be offered a position at a more appropriate level and/or ladder.

* Applicants must have legal authorization to work in the country in which the position is based with no restrictions.

* All positions require background screening. Some require criminal and/or credit checks to comply with regulations.

* TC Energy is committed to provide employment opportunities to all qualified individuals, without regard to race, religion, age, sex, color, national origin, sexual orientation, gender identity, veteran status, or disability. Accommodation for applicants with disabilities is available on request during the recruitment process. Applicants with disabilities can request accessible formats or communication supports by contacting careers@tcenergy.com.

Required profile

Experience

Industry :
Utilities (Electric, gas & water)

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