Quantitative Renewable Energy Trader

Summary: Scout Clean Energy is focused on renewable energy solutions and is seeking a Quantitative Renewable Energy Trader to join their Asset Management team. The role involves trading, price formation analysis, and optimization of bidding strategies for various energy markets, along with maintaining daily models to report on profits and losses. Responsibilities: - Serve as key trader and scheduler in the Day-Ahead and Real-Time Markets in designated markets - Report directly to the Manager of Energy Trading on daily project fundamentals and P&L - Communicate effectively with senior management on price formation and trading activities - Understand the capacity markets in each ISO and assist in determining pricing analysis and strategy - Employ excellent risk management skills - Engage with the Origination and Transmission teams to ensure current market trends are understood and daily trading strategies match fundamentals occurring in the DA and RT markets - Report upon and discuss monthly the trading strategy and your approach to achieve superior results - Recognize and communicate changing market dynamics and report to senior Asset Management team members and senior management on potential changes in strategy to implement positive trading results more effectively - Challenge yourself to understand the various Capacity Markets in each ISO and assist in pricing analysis and risk versus reward for bidding into capacity auctions Required Qualifications: - A Bachelor's degree in a STEM field from an accredited college program - 1+ years of experience in Day-Ahead and Real Time trading in renewable energy - Strong Microsoft Excel and data analysis skills - Authorized to work in the U.S. without sponsorship Preferred Qualifications: - Experience in PJM, ERCOT, MISO, and SPP Day Ahead and Real Time Markets and fundamentals that drive those markets - Understanding of U.S. power markets and transmission system - Proficiency in online platforms such as Yes Energy, SNL, Enverus, ISO/RTO Websites to obtain an overall daily fundamental view of the market - Understanding of Intermittent Renewable Resource forecasting and economics - Ability to recognize changing market fundamentals and communicate swiftly and effectively to the Scout team Required Skills: Day-Ahead, Real Time trading, Renewable energy trading, Microsoft Excel, Data analysis, PJM market, ERCOT market, MISO market, SPP market, U.S. power markets, Transmission system, Online market platforms, Renewable resource forecasting, Price formation analysis, Risk management Benefits: Medical/dental/vision insurance with attractive premiums, 401(k) match, Short-term disability (STD), Long-term disability (LTD), Employee Assistance Program, A range of optional supplemental insurance coverage