Job Location: Houston, TX
Job Detail:
Job Title: Manager, Trading Analytics
Location: Houston, TX – Hybrid
Reports To: SVP, US Power Supply and Trading
Who is Just Energy?
Just Energy is a retail energy provider specializing in electricity and natural gas commodities and bringing energy efficient solutions and renewable energy options to customers. Currently, operating in the United States and Canada, Just Energy serves residential and commercial customers. Just Energy is the parent company of Amigo Energy, Filter Group Inc., Hudson Energy, Interactive Energy Group, Tara Energy, and terrapass.
Just Energy is proud to be named Best Electricity Company in Houston. The 2021 Best of the Best competition, presented by the Houston Chronicle, recognizes some of the city’s best businesses as determined by community choice. Visit our website to learn more: www.justenergy.com
Job Summary
The primary function of the Manager, Trading Analytics is to provide analytical support to the trading desk for developing and executing strategies and to serve as an ISO coordinator embedded in the Trading team.
Duties/Responsibilities
- Provide leadership in solving analytical and model-building needs for the trading team
- Provide analytical support to traders for making hedging and pricing decisions
- Refresh and improve seasonal hedging analysis process to support weather hedging decisions
- Analyze hedging strategies for energy, shape, basis, capacity, and ancillary positions
- Identify potential risk in the portfolio and develop and work the traders to execute cost-effective hedging strategies to mitigate that risk
- Be the primary level of support within in the Trading team for PnL analysis and reporting and coordinating with the Risk department on PnL
- Help execute bilateral, day-ahead market, and congestion auction transactions under the guidance of traders and provide back-up trading support when needed
- Assist with maintaining forward curves, including all market-based cost components used in pricing retail contracts
- Manage a team of analysts
- Function as an ISO Coordinator for the Trading team:
- Maintain ISO portal access and official contact lists, including digital certificates, for the company for all ISOs
- Be the primary subject matter expert for navigating within the ISOs related to trading activity
- Stay on top of all market developments at the ISO-level that could impact wholesale markets and retail costs (including staying up to date on relevant committee meetings)
Requirements
- 8+ years supporting a power trading desk either directly or in a risk or structuring department
- Experience managing a team of analysts
- Strong analytical and economic modeling capability
- Bachelor’s degree in engineering, mathematics, finance, economics, or related technical field
- Knowledge of competitive retail markets is preferred
- Extensive experience with performing analysis and modeling with Microsoft Excel
- Experience working with SQL Server and VBA required
We Offer
- Hybrid/WFH Model
- Competitive compensation
- Comprehensive benefits package after 30 days of employment
- 401K Retirement Plan
- Company paid Short-Term Disability and Life Insurance
- Employee discount opportunities
- Personal development resources
- Health and wellbeing tools and resources
Just Energy and its subsidiaries are an equal opportunity employer. We are committed to building a workforce that reflects the communities we serve and to promote a diverse, inclusive, accessible, merit-based, respectful and equitable workplace. We invite all interested individuals to apply.
If you are a Colorado resident and this role is a remote role, you may be eligible to receive additional information about the compensation and benefits for this role, which we will provide upon request.
Primary Location
US-TX-Houston
Job
Information Technology
Schedule
Regular
Shift
Standard
Employee Status
Non-Management
Job Type
Full-time
Job Level
Day Job
Travel
No
Job Posting
Jan 16, 2023, 12:36:49 PM
Submit CV To All Data Science Job Consultants Across United States For Free

