Direct Energy is one of North America’s largest retail providers of electricity, natural gas, and home and business energy-related services with over four million customers. Direct Energy gives customers choice, simplicity, and innovation where energy, data, and technology meet. A subsidiary of Centrica plc (LSE: CNA), an international energy and services company, Direct Energy, its subsidiaries and/or affiliates, operate in 50 U.S. states plus the District of Columbia and eight provinces in Canada.

Primary focus:

The Portfolio Optimization Trader role provides Client access to the physical and financial markets. The Portfolio Optimization Trader will execute DEB trades and optimize Client portfolios. This role must assure Direct Energy’s and Client’s market positions remain confidential at all times. The employee must have the ability to act independently to analyze and execute responses to emerging market conditions. The employee will assure accurate trade execution. The employee must have the ability to work non-standard business hours. Employee responsibilities specifically include, but are not limited to, the execution of: DEB Risk Management and Client agreements.

Accountabilities:

  • Manage strategy and execute trades to achieve targets.
  • Assure adherence to all Direct Energy company credit, compliance, and risk policies.
  • Perform advanced technical and analytical functions.
  • Responsible for capturing all relevant trade data in the appropriate system.
  • Create operational and financial reports as required.
  • Manage all settlement calculations to assure accuracy.
  • Communicate directly with brokers, traders, operations, accounting, middle office, fuel departments, system operators, transmission owners, generation owners, and other counterparties as required for assurance of operational excellence.

Requirements:

  • Bachelor’s degree required
  • Experience trading power, gas and/or oil
  • Generation hedging and optimization experience
  • PJM/NERC Certification is a plus
  • Understanding of Heat Rates, Spark Spreads, Physical and Financials required
  • Market experience with PJM and MISO required

Direct Energy and its subsidiaries are an Equal Opportunity Employer – EOE/AA/Veterans/Disabled.

Centrica is committed to working with and providing reasonable accommodation to individuals with physical and mental disabilities.

If you need special assistance or an accommodation while seeking employment, please email employeerelations@directenergy.com. We will make a determination of your request for a reasonable accommodation on a case-by-case basis.

PLEASE APPLY ONLINE by hitting the 'Apply' button.

Applications will ONLY be accepted via the ‘Apply’ button.

This role is being handled by the Centrica recruitment team and NO agency contact is required.