FAQs
What is the job title for this position?
The job title for this position is ERCOT Trader.
What are the main responsibilities of the ERCOT Trader?
The main responsibilities include conducting market analysis, executing trades in real-time and day-ahead markets, managing trading risks, developing trading strategies, collaborating with team members, utilizing technology, and continuously improving trading practices.
Where is the position located?
The position is located in Stamford, Connecticut.
What qualifications are required for this position?
Required qualifications include a university degree in Mathematics, Economics, Science, or a similar field, proven track record in fundamental analysis of power markets, strong analytical and quantitative skills, proficiency in trading platforms and analytical tools, excellent understanding of ERCOT market rules and regulations, the ability to make quick decisions under pressure, strong communication and interpersonal skills, detail-oriented with strong organizational skills, and coding skills in Python is a plus.
What type of experience is preferred for the ERCOT Trader?
Preferred experience includes having a proven track record in the ERCOT market, strong analytical expertise, and a deep understanding of trading dynamics and market trends.
What kind of company is Statkraft?
Statkraft is a leading company in renewable energy with over 125 years of expertise in supply and trading across more than 20 countries and 13 energy exchanges.
What opportunities does Statkraft provide its employees?
Statkraft offers unlimited learning opportunities, the chance to grow a career alongside a global network of experts, and the pride of contributing to environmental sustainability.
What is the culture like in the Proprietary Trading department at Statkraft?
The culture in the Proprietary Trading department is innovative and data-driven, with a strong emphasis on collaboration and team work among members to achieve aligned strategies.
Is there any emphasis on technology in this role?
Yes, the role emphasizes the utilization of trading platforms, analytical tools, and ongoing updates on technological advancements in the market to support trading activities.
How is risk managed in this position?
Risk management involves identifying, assessing, and mitigating trading risks while ensuring adherence to company policies and procedures related to risk management.