PJM Trader

Responsibilities

• Develop and execute profitable trading positions in the Northeast power markets, predominantly within a 1–3-month period
• Manage daily and prompt month physical power positions in the portfolio from REP marketing and generation offtake agreements
• Support fundamental market research by monitoring market developments impacting supply/demand
• Execute bilateral purchases and sales, ISO bidding, scheduling, and congestion management
• Manage shape/swing risk of the wholesale and retail load portfolio
• Maintain wholesale and retail price curves including implied hourly scalers and scarcity premiums
• Adhere to corporate Risk Management policies and monitor position and mark-to-market reports
• Collaborate with technology teams to develop analytical and operational trading tools

Requirements

• 3+ years of related trading work experience in the Energy industry, specifically PJM
• Bachelor's degree in finance, Economics, Engineering, or a related field
• Strong understanding of power markets, electricity pricing, and congestion factors
• Expertise in power market dynamics including day-ahead, real-time, and forward markets
• Proficiency in trading platforms and financial modeling tools (e.g., Dayzer)
• Experience with ETRM systems
• Strong proficiency in Microsoft Office Suite (Excel, Access, PowerPoint)
• Eligibility to work in the USA without sponsorship

Preferred Qualifications

• Advanced degree such as an MBA or Master’s in Energy Economics
• Familiarity with transmission system operations, power flow modeling, and grid reliability standards
• Proficiency with programming languages like Python or SQL for data analysis and modeling

About the Company

Hanwha Energy USA is a comprehensive energy solutions provider part of the Hanwha Group. The company manages a diverse portfolio spanning utility-scale renewables, natural gas generation, and wholesale/retail electricity services.