Fuel Trader

ExelonBaltimore, MD4M ago

At Exelon, we've got a place for you!


Join the nation's leading competitive energy provider, with one of the largest electricity generation portfolios and retail customer bases in the country. You will be part of a family of companies that strives for the highest standards of power generation, competitive energy sales, and energy delivery. Our team of outstanding professionals is focused on performance, thought leadership, innovation, and the power of ideas that come from a diverse and inclusive workforce.


Exelon will provide you the tools and resources you need to design, build and enhance a successful career. We are also dedicated to motivating the success of our employees through competitive base salary, incentives, and health and retirement benefits.


Join Exelon and share your passion at a forward-thinking Fortune 150 company. Establish yourself in a place where you can truly shine and create a brighter, more sustainable tomorrow. Energize your career at Exelon!


Constellation is headquartered in Baltimore, with regional offices in Chicago, Houston, Kennett Square, Louisville, New York, and Omaha. We develop energy management strategies that help customers buy, manage and consume energy.


Our retail unit is among the largest and most comprehensive in the industry with approximately 1 million residential customers that rely on our commitment to innovation, dependability, transparency, and service.


Our wholesale business serves utilities, municipalities and co-ops and features world-class risk management and energy trading capabilities.


PRIMARY PURPOSE OF POSITION

The Fuels Trader is accountable for the performance of one or more commodity portfolios against well established objectives such as managing price risk, covering physical supply requirements and/or generating a profit. The Trader will execute physically and financially settled transactions to accomplish these objectives, is capable of communicating the key market factors impacting the portfolio and can coordinate execution within the context of broader strategies. This person will work closely with other members of the Fuels Team, regional power desks, plant operations, portfolio planning, risk management, key suppliers, regulatory affairs, market analytics, credit and legal.



PRIMARY DUTIES AND ACCOUNTABILITIES

  • Coordinates, tracks and reports on the status and performance of their commodity portfolios.
  • Within established delegations of authority, efficiently executes physically and financially settled transactions to meet the objectives of their commodity portfolios.
  • Remains abreast of market developments, utilizing market intelligence, research and analyses to develop a market view which supports transactional activity. Readily shares views and analysis internally.
  • Interacts effectively with power traders, analysts and schedulers to coordinate timing, commercial terms and scheduling of transactions.
  • Interacts effectively with internal departments to insure compliance of transactions with risk and credit policies, to accurately record trades in the deal capture system and to insure accurate accounting.
  • Interacts effectively with other members of Power Team to coordinate execution of transactions within the context of broader regional and portfolio management strategies.
  • Reviews commodity, transportation and storage contracts in order to fully understand obligations and opportunities. Capable of advising Legal on standard language used in commercial contracts.
  • Maintain relationships with key suppliers, service providers and trade groups. Gathers, shares and documents market intelligence for use by the organization and incorporates into their market view.

QualificationsPOSITION SPECIFICATIONS

Minimum:

  • Undergraduate degree in economics, finance, engineering, business administration or equivalent experience
  • Strong analytical orientation
  • Minimum eight years relevant experience
  • Prior trading experience in one or more energy commodity, e.g. coal, oil, natural gas, electricity, emissions
  • Working knowledge of fuel transportation & logistics
  • Extensive knowledge of market trends, key players in the market and regulatory issues
  • Ability to perform in a changing environment under stressful conditions
  • Knowledge of risk management tools and energy derivatives
  • Excellent interpersonal and communication skills, including written and verbal
  • Strong computer skills, including knowledge and proficiency in Microsoft Office Suite Products

Preferred:

  • Post-graduate degree in Business or Economics

Exelon is proud to be an equal opportunity employer and employees or applicants will receive consideration for employment without regard to: age, color, disability, gender, national origin, race, religion, sexual orientation, gender identity, protected veteran status, or any other classification protected by federal, state, or local law.


VEVRAA Federal Contractor


Primary Location: US-MD-BALTIMORE

Work Locations: Point Street 1310 Point Street BALTIMORE 21231

Job: Trading

Organization: Generation Constellation - Wholesale

Schedule: Full-time

Employee Status: Regular

Job Posting: Mar 12, 2019, 4:03:27 PM

Unposting Date: Ongoing