Saturday, October 24, 2009

Hourly Trader

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• Maintain generation and load balance within Balancing Authority and coordinate interchange schedules to ensure compliance with NERC Reliability Standards.
• As System Operator, have the responsibility and authority to implement real-time actions to ensure the stable and reliable operation of the Bulk Electric System.
• Have the authority to take or direct timely and appropriate real-time actions, up to and including shedding firm load, without obtaining approval from higher level personnel.
• During emergency conditions, System Operator shall take necessary actions to prevent or alleviate System Operating Limit and/or Interconnection or Reliability Operating Limit violations up to and including shedding firm load.
• Communicate with Balancing Authorities, Reliability Coordinators, Transmission Operators and ISO on continual basis, taking necessary actions and providing ancillary services to ensure system reliability.
• System Operator must comply with applicable NERC Reliability Standards. Trading:
• Aggressively trade short-term hourly power within the guidelines of the risk and credit policies.
• Analyze and react to current market and competitive conditions.
• Manage trading decisions with a continuous focus on balancing risk versus return to produce maximum profitability.
• Interact with market participants to develop, negotiate, and execute valuable business opportunities.
• Develop relationships with counterparties and maintain conduct in accordance with fair and ethical business practices.
• Analyze and evaluate energy transactions to ensure that all relevant aspects including energy price, transmission, counter party, and contractual terms are favorable to and consistent with company guidelines for risk management. General:
• Operate in compliance with NRG’s North American Trading Policy, Power Marketing’s Statement of Professional Ethics and NRG’s Code of Conduct.
• Partner with other business units and/or departments to identify and facilitate business process improvements.
• Assist with developing and implementing training programs for the real-time trading desk.
• System Operator must complete necessary NERC Balancing and Interchange certification and continuing education requirements.

Requirements Qualifications:

• Bachelor’s degree in economics, business, finance, or other relevant degree with two years of experience.
• One year or more of real-time trading experience
• Knowledge of the industry’s operating procedures and requirements regarding interconnected regions (NERC), power pools and ISO’s.
• NERC certification required.
• Knowledge of trading control procedures and policies. • Knowledge of the characteristics of products bought or sold on electricity markets.
• Knowledge of the transmission network.
• Competence with mathematics and technical concepts. • Strong analytical and problem solving skills.
• Proven ability to take appropriate action within time constraints. • Proficient with Microsoft Excel.
• Excellent verbal and written communication skills.
• Motivated self-starter with ability to work independently and as part of a team
• Traders must be able to work a 12-hour shift schedule as part of a 24 hour, 7 days a week operation.

NRG Energy, Inc. is proud to be an equal opportunity/affirmative action employer.eration.

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