Sr. Trader
Requisition ID: 84321
NextEra Energy Canada, LP stands out as a leader in the generation of electricity from clean and renewable resources, and is one of the most disciplined and competitive electricity generators in Canada.
Position Specific Description
The position is responsible for trading carbon allowances and offsets in various cap-and-trade markets. This position requires a deep understanding of carbon markets including regulatory market design and competitive marketplace profile. The candidate must have the ability to develop innovative hedging approaches for structured transactions using physical or financial products. The candidate should have a history of successful trading, and should be able to generate p&l from both proprietary and asset-based strategies. The candidate must have an ability to assimilate information from and work closely with multiple disciplines including: market fundamentals, risk management, marketing and origination, credit, finance, commodity traders and quantitative analysts.
Job Overview
This position is responsible for trading energy commodities, options, heat rates, and energy products in various markets the tenure of trade ranges from intraday through 5 years, depending on assigned book. Individuals apply a high level of competency in trading strategies, physical market knowledge, regulatory market design, and competitive marketplace profile.
Job Duties & Responsibilities
- Performs individual research, deal entry management, and monthly reconciliation
- Makes markets for asset optimization groups that are responsible for hedging company's nationwide generation portfolio
- Applies knowledge of multiple trading transaction systems
- Manages a profitable proprietary trading book
- Trains less experienced traders
- Performs other job-related duties as assigned
Required Qualifications
- Bachelor's or Equivalent Experience
- Experience: 3+ years
Preferred Qualifications
- Master's Degree
The estimated base pay for this position is $140,000.00 to $210,000.00 per year. Starting pay will be based on several factors including, but not limited to, experience, qualifications, job-related and industry knowledge and skills and education/training.
NextEra Energy offers a wide range of benefits to support our employees and their eligible family members. Click here to learn more.
Employee Group: Exempt
Employee Type: Full Time
Job Category: Energy Trading
Organization: NextEra Energy Canadian Op Srv
Relocation Provided: Yes, if applicable
NextEra Energy is an Equal Opportunity Employer. Qualified applicants are considered for employment without regard to race, color, age, national origin, religion, marital status, sex, sexual orientation, gender identity, gender expression, genetics, disability, protected veteran status or any other basis prohibited by law. We are committed to a diverse and inclusive workplace.
NextEra Energy provides reasonable accommodation in its application and selection process for qualified individuals, including accommodations related to compliance with conditional job offer requirements, consistent with federal, state, and local laws. Supporting medical or religious documentation will be required where applicable and permitted by applicable law. To request a reasonable accommodation, please send an e-mail to recruiting-coordinator.sharedmailbox@nexteraenergy.com, providing your name, telephone number and the best time for us to reach you. Alternatively, you may call 1-844-694-4748. Please do not use this line to inquire about your application status.
NextEra Energy will not discharge or in any other manner discriminate against employees or applicants because they have inquired about, discussed, or disclosed their own pay or the pay of another employee or applicant. However, employees who have access to the compensation information of other employees or applicants as a part of their essential job functions cannot disclose the pay of other employees or applicants to individuals who do not otherwise have access to compensation information, unless the disclosure is (a) in response to a formal complaint or charge, (b) in furtherance of an investigation, proceeding, hearing, or action, including an investigation conducted by the employer, or (c) consistent with the contractor’s legal duty to furnish information.
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