Trading Analyst

Exciting Opportunity as a Trading Analyst at TEA – Join the Power Trading Team

At The Energy Authority (TEA), we're shaping the future of energy trading, and we want you to be a part of it! As a Trading Analyst, you’ll play a pivotal role in supporting the Power Trading team by using your strong quantitative skills and passion for the energy industry to drive impactful decisions. This role is designed for individuals who thrive in dynamic, fast-paced environments and are eager to dive into market trends, short-term forecasting, and trading strategy development.

You’ll be working closely with Power Traders and Energy Market Analysts to analyze congestion trends, develop forecasting models, and optimize trading strategies. From building automated reports to manipulating large datasets, your work will help ensure TEA remains at the cutting edge of the energy market.

Key Responsibilities:

As a Trading Analyst, your work will make a direct impact on the success of our clients and the team. Here’s a snapshot of what you’ll be doing:

• Client Resource Management & Optimization:

  • Play a crucial role in managing congestion bids and building relationships with client teams to ensure portfolio positions are optimized.
  • Partner with Power Traders and clients to create short-term risk management strategies that boost margins, reduce power costs, and minimize risk.
  • Support Power Traders with energy and ancillary service cost modeling to enhance trading strategies.
  • Understand the impacts of market congestion on TEA’s client portfolios, ensuring strategies are data-driven and effective.

• Market/Industry Expert – Owning the Market:

  • Master market knowledge to identify key opportunities and provide actionable insights.
  • Develop price forecasts and use them in market bids and offers, driving successful trading decisions.
  • Stay on top of all relevant industry standards, including FERC orders, NERC reliability standards, and transmission tariffs.
  • Analyze market anomalies like congestion trends and outages to identify and leverage opportunities.
  • Travel to industry events, training sessions, and client visits to stay current with industry shifts and network with key players.
  • Flexibility to work weekends/holidays and potentially relocate during natural disasters or for business continuity.

• Technological Innovation:

  • Leverage cutting-edge tools to conduct market impact analysis and stay ahead of industry trends.
  • Build automated reports that provide continuous monitoring of client portfolios, ensuring strategies are always optimized.
  • Contribute to the testing and development of new tools as TEA enters new markets and evolves with industry changes.
  • Constantly explore new ways to enhance workflow and efficiency through technology and process improvements.
  • Use a variety of analytical tools like PowerOptix, QlikView, Yes Energy, and Genscape to drive insights.

• Training & Development:

  • Share your knowledge by training new staff and team members, becoming a go-to resource on RTO/Bilateral market trends.
  • Engage in ongoing professional development by attending training sessions and delivering presentations to internal teams, members, and industry partners.
  • Maintain FERC 741 training hours and ensure all training documentation is current and accurate.

What We’re Looking For:

We’re seeking a passionate and driven individual with a quantitative background and a knack for data analysis. Here’s what you’ll need to succeed:

• Education: A Bachelor's degree in a quantitative field from an accredited institution (e.g., economics, engineering, finance, mathematics, etc.). An MBA or advanced degree is a plus.
• Technical Skills: Familiarity with statistical programming languages/tools such as R, Python, or others. Experience with data visualization tools like Tableau or Power BI is highly valued. A strong background in manipulating large datasets using tools like SQL, SAP, PowerQuery, or Access will set you up for success.
• Excel Skills: Advanced knowledge of Microsoft Excel is a must for handling complex data.

Are You Ready to Make an Impact?

At TEA, we believe that great talent drives great results. As a Trading Analyst, you'll not only shape the strategies that help our clients thrive, but you'll also be a key player in TEA’s growth. If you're ready to leverage your analytical skills in an exciting, fast-moving industry, we’d love to hear from you.