Senior Power Trader – Houston, TX

Senior Power Trader

DTE Energy

Houston, TX



Job Summary

Location: Detroit, Michigan

Participates in wholesale financial and physical power markets for the purpose of increasing margin to ET.  Analyzes, monitors, and reacts to market fundamentals to develop and execute trading strategies to create value and manage risk congruent with VaR, Risk, and Company guidance, in adherence to company policies and procedures. 

Role is mainly self-directed, responsible for interacting with market participants to develop, negotiate, and execute opportunistic business opportunities that create value for the company.  Responsible for developing trading views based on market fundamental analysis including weather, S&D, transmission, fuels, credit, and other market factors.  Must work well in a team environment with traders, analysts, support staff, risk, and other company officers.   

Key Accountabilities

Responsible for the trading of financial/physical power market
Develops intermediate or long-term strategies to maximize profitability for the organization.
Responsible for fundamental analysis or direction of analysis from support staff
Ability to trade locational spreads, natural gas, and other derivatives to optimize portfolio
Cultivates customer business by being a market maker for internal and external customers.
Serves as internal and external expert and sponsor in market areas of interest
Understand legal, regulatory and structuring concepts impacting customer and market development
Adherence to all Company and Risk Policy and Procedures
Performs all other related duties as assigned

Minimum Education & Experience Requirements

A Bachelor's Degree from an accredited college or university and at least 5 years of professional experience in applicable industries.

Other Qualifications

Bachelor's degree in economics, finance, or engineering
Extensive knowledge of trading regulations and markets
Thorough understanding of North American power markets, including, but not limited to, supply and demand, logistics, regulations, and operations
Specific knowledge of hedging and trading techniques for specific region
Thorough understanding of all financial and physical products that are viable for executing trading strategies and hedges
Thorough understanding of risk measurement techniques such as VaR used in measuring specific trading activity
Ability to generate creative solutions to achieve goals
Proactive, decisive individual who aggressively seeks new market opportunities

Other Requirements:
Working knowledge of finance, accounting, production, operations, and public policy issues facing the power market in the assigned region
Ability to operate in a fast-paced dynamic commodity market environment, where there are often time constraints and time sensitive deadlines
Works effectively with a team to accomplish shared objectives
Effective oral and written communication internally and externally
Strong proficiency in MS Office


DTE Energy

2000 2nd Ave


Michigan États-Unis

From the same organization


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