Job Description

Determined. Imaginative. Curious. If these are some of the ways you describe yourself — we want to learn more about you! At TC Energy, we are Energy Problem Solvers — passionate about transitioning North America to cleaner energy while meeting the energy demands of today and tomorrow. If that sounds like a challenge you want to help tackle, we want you to join our team!

Posting Close Date: September 26, 2024

The opportunity

Our Power Trading Team is growing to meet our strategic needs and help drive solutions offered to our customers and is currently looking to add an Energy Trader (PJM & MISO) based in Houston, TX. This position will focus exclusively on trading the short-term PJM & MISO markets and will create value through analyzing and understanding markets. It will collaborate closely with our TC Energy Marketing team to design, develop and implement physical and financial trading strategies. Expertise in analyzing market intelligence will be key in increasing shareholder value in today’s market.

Effectiveness in this role includes the ability to set the strategy for managing commodity risks utilizing various hedging instruments, as well as the ability to track and provide updates on the power positional risk and financial results while working with the fundamental and transmission analysts to inform both short term decisions and longer-term strategic initiatives. In that effort, the trader is expected to meet the annual financial plan for the portfolio as well as deploy risk in a consistently profitable manner adding new business value within the risk compliance policies of the company.

What You’ll Do

• Maintain an accurate power position and deploy risk to add new business dollars to the financial plan while managing commodity risk within Portfolio tolerances
• Collaborate with other stakeholders to build a regional price view to support short term trading initiatives as well as longer term strategic efforts
• Contribute to the overall P&L of the US Power group through financial trading of Power and natural gas instruments
• Evaluate both current and future transmission constraints and outages across ISO and provide direction and view for power portfolio
• Provide all needed asset and power purchase agreement contract management with the assistance of the Origination and Asset Operations groups
• Provide project support as an involved member of the Portfolio business plan projects and support any departmental initiatives
• Take ownership of specific Portfolio topics as regional subject matter expert and provide insights into these topics
• Demonstrate risk appropriate decision-making abilities

Minimum Qualifications

• Post-Secondary Degree in a related field (i.e. finance, economics)
• 10 - 15 years of demonstrated success in power trading
• Demonstrated knowledge of and experience with PJM and/or MISO
• Proven experience trading day-ahead virtuals and short-term/intramonth financial futures
• In depth knowledge of the wholesale electricity markets, trading in those markets, and the associated infrastructure supporting those markets
• Proficiency in data analysis and market modeling, with strong analytical and quantitative skills

Preferred Qualifications

• Advanced degree in an analytics discipline (i.e. Finance, MBA)
• 10+ years’ experience trading PJM and/or MISO power
• Extensive experience trading DA virtuals within US power markets and experience building and maintaining models for trading across several ISO’s
• Experienced Python user

To remain competitive, support our high-performance culture and allow for more flexibility in the way we work, we offer a hybrid work model and flexible dress code for our eligible office-based workforce in Canada, the U.S. and Mexico.

Relocation Eligibility : This position is eligible for our domestic relocation progra

About Our Business

TC Energy is a leading energy infrastructure company in North America. We have three complementary businesses of natural gas pipelines, liquids (oil) pipelines, and power generation. Our operations span three countries, seven Canadian provinces, and 34 U.S. states.

TC Energy is an equal opportunity employer.

Learn more

Visit us at TCEnergy.com and connect with us on our social media channels for our latest news, employee stories, community activities, and other updates.

Thank you for choosing TC Energy in your career search.

• Depending on qualifications, the successful candidate may be offered a position at a more appropriate level and/or ladder.
• Applicants must have legal authorization to work in the country in which the position is based with no restrictions.
• All positions require background screening. Some require criminal and/or credit checks to comply with regulations.
• TC Energy is committed to provide employment opportunities to all qualified individuals, without regard to race, religion, age, sex, color, national origin, sexual orientation, gender identity, veteran status, or disability. Accommodation for applicants with disabilities is available on request during the recruitment process. Applicants with disabilities can request accessible formats or communication supports by contacting careers@tcenergy.com.

Job Tags

Full time, Contract work, Temporary work, Remote job, Relocation, Flexible hours,

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