Sunday, September 12, 2010

Senior Market Trader - East

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Iberdrola Renewables is seeking a Senior East Energy Trader in Portland, Oregon.

Responsibilities include:

* Trade physical and financial power and natural gas in the eastern power markets, with a focus on hedging and optimizing Iberdrola Renewables' assets.
* Manage individual proprietary trading book
* Develop and manage hedging strategies for corporate assets
* Evaluate market conditions to optimize corporate asset book in the term markets
* Gathering and review of fundamental data to assist in the optimization of wind and other assets
* Assist Business Development, Structuring and Origination with deal evaluation
* Adhere to effective internal controls

Requirements

* Minimum of 5 years of East power trading experience. (Candidates with less experience may be considered at a lower level.)
* Familiarity with LIM or other price data warehouse.
* Ability to self-motivate and create opportunities
* Demonstrates excellent communication and interpersonal skills
* Ability to solve problems and explain the ideas that underlie them.
* Quick learning curve with the ability to receive, process, and transact on information.
* Proven ability to understand market conditions and to identify arbitrage opportunities.
* PC proficiency, especially with Excel, and experience with automated tools to support trading activity.

Preference may be given to candidates with the following:

* Bachelor's Degree in Business, Economics, Finance or Engineering

All offers of employment are contingent upon the successful completion of a background check, references, drug screen, verification of legal right to work in the U.S., and in some cases, a credit check. A credit check will be administered when a prospective employee will be working in Finance, Accounting, Treasury or where duties may involve handling of funds, accounts or cash. Iberdrola Renewables is an Equal Opportunity Employer.

Apply for Job Here

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