Job Description
Context & Environment TotalEnergies has ambitions to develop and operate renewable power generation in the US. TotalEnergies Gas & Power North America Inc. will be instrumental in supporting that activity on a physical scheduling and commercial/marketing basis.
US electricity markets are complex and volatile and as a consequence trading such market requires an excellent understanding of risks. There are strong interrelationships, correlation between electricity and other commodities markets such as gas or coal, and the increasing part of renewables in the electricity mix puts this activity at the heart of the Gas, Renewable and Power branch.
PURPOSES - To work within the formalised delegated Trading Authority Limits.
- Abide by Compliance rules and directives.
- Contribute positively towards the financial trading P&L.
- Execute power trading strategy on wholesale (physical & financial) markets within trading execution limits under direction of N+1.
- Compliance with the Code of conduct and all policies and procedures of the Company and the Group.
Activities Yo ur mission as a Senior Power Trader include:
- Develop and maintain a detailed understanding of the US Power markets on multiple ISO.
- Develop & maintain market models and analysis tools, including forward curves & market information reports.
- Input to power trading strategy, including identify new products & markets.
- Own the trading strategies of the desk, be able to communicate their rationale to management.
- Work closely with the operational team to ensure physical positions are managed and transferred to the operational team in a timely manner for scheduling.
- Support commercial efforts to offer and implement electricity purchase and sale and other power contracts to other group entities third parties.
- Maintain good internal working relationships with internal departments: risk control, finance, HR, compliance and legal.
- Maintain a good and up to date knowledge of financial market regulations in the markets we operate.
- Build and maintain good relationship with and knowledge of the main market stakeholders: other electricity consuming or producing TotalEnergies affiliates, external counterparties, brokers, exchanges, ISOs, etc.
DIMENSIONS - The Senior Power Trader will participate in the day to day speculative trading activity and work closely with Power Trading team members and Research to devise trading strategies to maximise P&L.
- Electricity Trading is a growing area for TGPNA. The Senior Power Trader will initially play an integral part of growing the activity in terms of identifying new opportunities in the various ISO markets.
- For the new activities the Senior Power Trader will establish the scope of work required for implementation, specifying systems, contributing towards establishing procedures and achieving internal authorisations to trade new markets.
Candidate Profile You are someone who possesses the following experience and credentials:
- University educated with significant mathematical, economic or finance knowledge.
- Strong analytical capabilities and fundamental understanding of energy markets.
- 15 year's relevant industry experience in an electricity, gas and renewable/emissions organisation.
- Experience in operations and risk management relating to wholesale energy trading.
- Fluent in English
Additional Information TotalEnergies values diversity, promotes individual growth and offers equal opportunity careers. Apply
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At TotalEnergies we know that you're more than what's on your CV. If this opportunity excites you, but your profile doesn't exactly match the description above...give it a try & apply. Diversity of perspectives & experiences make us stronger. TotalEnergies celebrates diversity and is committed to Equal Employment Opportunity: All qualified applicants will receive consideration for employment without regard to race, color, religion, sex (including pregnancy, sexual orientation, or gender identity), national origin, age, protected veteran status, disability status or any other category protected under applicable federal, state or local law. We are also committed to providing reasonable accommodations for qualified individuals with disabilities and disabled veterans in our job application procedures.
All aspects of employment including the decision to hire, promote, discipline, or discharge, will be based on merit, competence, performance, and business needs.
TotalEnergies believes that diversity and inclusion among our teammates is critical to our success as a global company, and we seek to recruit, develop, and retain the most talented people from a diverse candidate pool.
About the company: TotalEnergies is a multi-energy company that produces and markets energies on a global scale: oil and biofuels, natural gas and green gases, renewables and electricity. Our 105,000 employees are committed to energy that is ever more affordable, clean, reliable and accessible to as many people as possible. Active in more than 130 countries, TotalEnergies puts sustainable development in all its dimensions at the heart of its projects and operations to contribute to the well-being of people.
TotalEnergies Gas and Power (TGP) is the trading arm of TotalEnergies in the field of low carbon energies (mainly gas, LNG and power). As such it operates in fast-evolving market dynamics influenced by internal and external factors that require constant adaptation and evolution. Uncertainties specific to the trading environment (volatility of prices, supply & demand mismatches) are coupled with those coming from the broader energy sector (climate change policies, changes in the energy mix, developments of new energy sources, etc). In such context TGP helps to ensure growth and profitability to a key segment of the business in order to reach the objective of Carbon Neutrality by 2050.
Our Culture : We are committed to meet the energy needs of a growing population while fulfilling our ambition to be a major player in the energy transition. The volatility of the energy trading markets requires excellence in risk management and a culture of innovation.
Our people flourish in an environment that promotes expertise, entrepreneurship spirit, agility and a purpose-driven culture, generating boundless opportunities to learn, grow and achieve collaborative success while ensuring safety in all our operations.
We look for passion, ambition and open-mindedness. While we evolve in a demanding and ever-changing industry, we cultivate a friendly workplace where team spirit and respect guide our daily routine, and where the diversity of our people and their skills create a nourishing experience for all of us.
Job Tags
Full time, Local area,