Vistra

Day Ahead Trader -ERCOT

Irving, Texas Full time

If you have what it takes to become part of the Vistra family and would like to start a promising career with a global leader, take a look at the exciting employment opportunities that are currently available and apply online.

Job Summary

Job Description

Key Accountabilities

 
  • Trades Luminant Energy’s daily, next day and balmo financial & physical electricity positions
  • Develops and maintains profitable trading book in accordance to Luminant Energy Trading risk management policies and procedures
  • Obtains and disseminates market data to energy trading and marketing organizations
  • Constructs and offers in Day Ahead unit offers into the relevant RTO markets
  • Works with fuels and transmission team in managing fuel optimization and power basis risks
  • Uses market knowledge to maximize the profitability of Luminant’s specific ISO generation fleet intra-month
  • Conducts market research and gathers competitive intelligence on supply and demand forces of various NERC regions
  • Works with both ISOs and operations to coordinate unit outages
  • Assists in Luminant energy trading marketing efforts by providing pricing curves and market intelligence for relevant regions
  • Assists Energy professionals to ensure proper tracking and transmission of physical power flows
  • Assists physical and financial traders by monitoring short-term electricity prices and transmission flows and taking advantage of market pricing discrepancies

Education, Experience, & Skill Requirements

  • 3 years experience in the trading of financial & physical power flows and wholesale power trading (or related industry knowledge)
  • Experience gained through college degree programs and/or certifications is applicable to above skills 
  • Experience supporting or executing physical and/or financial power transactions, including familiarity with deal structuring and risk exposure management
  • Strong written and verbal communication skills — able to distill complex market dynamics into clear, concise analysis for senior leadership and external counterparties
  • Strong quantitative and analytical skills with proficiency in Python, or similar tools for data analysis and modeling; advanced Excel required
  • High degree of intellectual curiosity and independent judgment; comfortable operating with ambiguity and forming views in fast-moving markets
Key Metrics
  • Achieve maximum profitability of Luminant’s specific ISO generation fleet intra-month

Job Family

Trading

Company

Luminant Energy Company LLC

Locations

Irving, Texas

Texas

We are a company of people committed to:  Exceeding Customer Expectations, Great People, Teamwork, Competitive Spirit and Effective Communication.  If this describes you, then apply today!

If you currently work for Vistra or its subsidiaries, please apply via the internal career site.

It is the policy of the Company to comply with all employment laws and to afford equal employment opportunity to individuals in all aspects of employment, including in selection for job opportunities, without regard to race, color, religion, sex, sexual orientation, gender identity, pregnancy, national origin, age, disability, genetic information, military service, protected veteran status, or any other consideration protected by federal, state or local laws.

 

If you are an individual with a disability and need assistance submitting an application or would like to request an accommodation, please email us at assistance@vistraenergy.com to make a request.