Power Trader

at  Emera Energy

The Opportunity:
Company: Emera Energy
Location: Halifax, Nova Scotia
Closing Date: September 30, 2024
We are looking for a Power Trader to join our team at Emera Energy. In this role you will report into the Director, Power Trading

THESE SKILLS WILL MAKE YOU SUCCESSFUL:

To thrive in this role, you recognize yourself in most of the following competencies and skills listed below:

• A university degree in Business, the Applied Sciences or equivalent field with 5+ years of related work experience is required.
• Power scheduling, trading, and/or asset managing generation experience within ISO-NE or the broader Northeast US will be considered an asset.
• You bring a working knowledge of the US and Eastern Canadian wholesale power markets, their design, scheduling systems, and market rules.
• Demonstrated numerical and analytical skills along with a pro-active problem-solving aptitude will be essential for success in this role.
• An understanding of energy derivatives, their application and pricing characteristics is fundamental.
• You thrive in a dynamic, fast-paced, and results driven environment while managing tight timelines.
• You possess strong relationship and team-building skills as well as excellent multi-tasking abilities and problem resolution skills.

We understand that experience comes in many forms, and we’re dedicated to adding new perspectives to the team. So, if your experience is close to what we’ve listed above, please consider applying.

KEY ELEMENTS OF THE ROLE INCLUDE:

• Power traders are responsible for identifying, developing, executing, and monitoring short term financial, virtual, and physical trading strategies.
• This would include, but not be limited to, commodity and transmission arbitrage, financial product execution, Basis and FTR management, and third-party relationship development.
• In addition, the profitable movement of energy within and across eastern Canada and the US Northeast electrical grid, mid-marketing and deal flow liquidity, and overall Northeast bulk power system expertise supporting Emera Energy’s trading and marketing business is a key responsibility.
• An important component of the role is supporting commercial functions related to our asset management, business development, operations, and risk management groups.
  You will be responsible for your personal safety, that of co-workers, and those under your direction, by observing all Occupational Health and Safety Rules and Regulations.

To thrive in this role, you recognize yourself in most of the following competencies and skills listed below:

• A university degree in Business, the Applied Sciences or equivalent field with 5+ years of related work experience is required.
• Power scheduling, trading, and/or asset managing generation experience within ISO-NE or the broader Northeast US will be considered an asset.
• You bring a working knowledge of the US and Eastern Canadian wholesale power markets, their design, scheduling systems, and market rules.
• Demonstrated numerical and analytical skills along with a pro-active problem-solving aptitude will be essential for success in this role.
• An understanding of energy derivatives, their application and pricing characteristics is fundamental.
• You thrive in a dynamic, fast-paced, and results driven environment while managing tight timelines.
• You possess strong relationship and team-building skills as well as excellent multi-tasking abilities and problem resolution skills