Energy Trader Resume Sample
Work Experience
- Solid understanding of the basis and physical gas markets with expertise in Eastern Canada, US Northeast and US Midwest markets
- Strong analytical and problem solving skills; sound conceptual thinking
- Monitor the dispatch of the Company’s generating assets on an hourly basis
- Develop an hourly generation strategy to balance Company’s load and resource position
- Generates profit through proprietary trading and/or asset optimization by taking independent, autonomous action that is supported by research that has been developed through maintaining industry contacts and industry knowledge and by developing proprietary research models
- Has extensive experience trading in physical and financial products, including forwards, spot, swaps, options, and futures
- Serves as the company's primary interface to the energy markets responsible for providing expert market information, opinions, and pricing for all other areas of the company that require this information and also for providing trade execution for all trades in the relevant term and market
- Develops and maintains counter-party and broker relationships required to provide the company with maximum market coverage and market intelligence in the relevant term and market
- Works closely with Analytics Group, as well as independently, to develop and maintain the research and analysis tools required for effective trading and decision-making
- Adheres to all administrative and compliance standards and procedures as directed by Compliance, Risk Management, and the VP, Trading
- Experience in Energy Trading
- Proficient in Excel, Access, PowerPoint & Other MS Office Applications
- Experience with trade capture and risk management systems
- Manage outages and communicate complex dispatch instructions to PacifiCorp generation plants
- Act as the subject matter expert in this discipline and provide direction to associate and career level traders
- Analyze and evaluate complex 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
- Trades in physical and financial products, including forwards, spot, swaps, options, and futures
- Develops and maintains counter-party and broker relationships required to provide the company with maximum market coverage in the relevant term and market
- Works closely with Analytics Group, as well as independently, to develop and maintain the research and analysis tools required for effective trading and decision making
- Adheres to all administrative and compliance standards and procedures as directed by Compliance, Risk Management and the VP, Trading
- Develop short term and longer term strategies that support PSEG Power’s business and development objectives
- Participate in PJM ARR/FTR process for retail/wholesale hedge portfolio
- Regularly interact with senior management to discuss strategies, business implications, and market developments which affect the Power business
- Understand and operate within PSEG ER&T’s policies and procedures, risk management and corporate guidelines
Education
Professional Skills
- Structured product pricing and deal management experience
- Physical natural gas trading, business development and management experience required
- Experience trading FTRs in the PJM, NYISO, ISONE MISO or ERCOT markets
- Experience in managing the ARR/FTR process for a retail/wholesale hedge portfolio
- Direct experience trading financial and physical power in PJM, NYISO, and ISONE
- Demonstrates leadership capabilities by positively influencing others
- Proven track record of consistent profit generation
How to write Energy Trader Resume
Energy Trader role is responsible for analysis, trading, security, research, compliance, marketing, contracts, education, basic, positions.
To write great resume for energy trader job, your resume must include:
- Your contact information
- Work experience
- Education
- Skill listing
Contact Information For Energy Trader Resume
The section contact information is important in your energy trader resume. The recruiter has to be able to contact you ASAP if they like to offer you the job. This is why you need to provide your:
- First and last name
- Telephone number
Work Experience in Your Energy Trader Resume
The section work experience is an essential part of your energy trader resume. It’s the one thing the recruiter really cares about and pays the most attention to.
This section, however, is not just a list of your previous energy trader responsibilities. It's meant to present you as a wholesome candidate by showcasing your relevant accomplishments and should be tailored specifically to the particular energy trader position you're applying to.
The work experience section should be the detailed summary of your latest 3 or 4 positions.
Representative Energy Trader resume experience can include:
- Monitor weather, load, price behavior, transmission constraints/outages, and generation outages to identify risks to the company position and take appropriate actions to mitigate portfolio risk
- Working knowledge of risk management concepts and tools
- Basic understanding of gas trading as related to hedging power
- Conduct power flow analysis using technologies including Dayzer, and PSS/E models
- Analyze large sets of data to quantify trading risk exposures and support decision-making related to congestion forecasts
- Knowledge of derivative financial trading products including swaps, futures, and options
Education on an Energy Trader Resume
Make sure to make education a priority on your energy trader resume. If you’ve been working for a few years and have a few solid positions to show, put your education after your energy trader experience. For example, if you have a Ph.D in Neuroscience and a Master's in the same sphere, just list your Ph.D. Besides the doctorate, Master’s degrees go next, followed by Bachelor’s and finally, Associate’s degree.
Additional details to include:
- School you graduated from
- Major/ minor
- Year of graduation
- Location of school
These are the four additional pieces of information you should mention when listing your education on your resume.
Professional Skills in Energy Trader Resume
When listing skills on your energy trader resume, remember always to be honest about your level of ability. Include the Skills section after experience.
Present the most important skills in your resume, there's a list of typical energy trader skills:
- Physical power and gas movement experience in the western US, Canada, Texas, Midcon and the Gulf all plusses
- Experience with storage, transport and PAL deals required
- Performing quantitative analysis including transmission and congestion analysis to identify risks and opportunities for power market growth
- Managing diversified portfolios of FTR products and hedging customer flow business
- Utilizing and calibrating security constrained production cost models like Dayzer
- Understanding of technical analysis for virtual power portfolios
List of Typical Skills For an Energy Trader Resume
Skills For Senior Energy Trader Resume
- Develop and successfully execute trading strategies
- Knowledge of physical commodities including electricity, natural gas, crude oil, and oil products
- Knowledge of trading contracts and contractual obligations
- Basic understanding of options fundamentals
- Basic understanding of generation cost differences based on the type of generator such as wind, combined cycle, and coal
Skills For Financial Energy Trader Resume
- Optimize market bids and congestion hedges and provide basis pricing for PJM, NYISO, ISONE and various other energy markets
- Perform transmission analyses to identify short and long term congestion risks and to assist with hedging activities for PSEG’s Power business
- Analyze and execute financial transactions at PJM Western Hub
- Analyze and execute virtual transactions in PJM, NYISO, and ISONE
- Analyze and execute physical power flows in PJM, NYISO, ISONE
- Experience monitoring weather, load, price behavior, transmission constraints/outages, and generation outages to identify risks to the company position and take appropriate actions to mitigate portfolio risk
- Knowledge of the energy markets including but not limited to supply and demand, logistics, regulations, and operations
Skills For Energy Transaction Trader Resume
- Proficient in Excel, Access & Other MS Office Applications
- Trade financial RTO/ISO products
- Has superior analytical abilities
- Develop fundamental congestion and bidding/trading strategies by performing power flow analysis, conducting research in market fundamentals, and managing diversified portfolios
- Utilize power flow and production cost based simulation applications to develop congestion outlooks
Skills For Trader, Energy Markets Resume
- Participate in monthly, annual, and long term FTR auctions in PJM, NYISO, ISONE and various other energy markets
- Strategically evaluate PJM, NYISO, and ISONE markets for potential growth
- Create databases to evaluate historical market data, path and portfolio selection and risk management criteria