Energy Trader
Boralex Gatineau, 15 rue Jos-Montferrand, Gatineau, Quebec, Canada
Req #637
Friday, September 20, 2024
Boralex is a major player in renewable energy specializing in four sectors of activity: wind, solar, hydroelectricity, and storage.
We have been based in Kingsey Falls, Quebec, Canada, for 30 years and have since expanded our horizons and established our business in the United States, France, and the United Kingdom.
OUR PURPOSE
On our planet where electricity is central to fighting climate change, we have a responsibility to produce it sustainably for future generations.
OUR MISSION
At Boralex, we provide renewable and affordable energy for all, creating value to share with our partners.
OUR VISION
To achieve our missions, we rely on the best of our strengths.
Thanks to our fearlessness, our discipline, our expertise, and our diversity, we continue to be an industry leader.
And we do it with pleasure.
YOUR PROFILE
With over 500 MW of BESS assets under development in Ontario plus merchant exposure in multiple US markets, which includes wind, Battery Energy Storage Systems (BESS), solar and hydro, Boralex is building a North American Energy Trading team.
YOUR CHALLENGE
Reporting to the Lead Energy Trader, you will be responsible for executing revenue optimization strategies in the intra-day and next day markets. Working as part of small team, your responsibilities will include:
- Scheduling: Perform energy scheduling tasks including preparation of Day Ahead and Real Time schedules, submittal of bids & offers to ISO, validations, and maintenance of bids & offers throughout the operating day for energy, capacity and ancillary products while ensuring compliance with markets rules, contractual obligations, and unit capability
- Revenue Optimization: Develop and implement physical revenue optimization strategies, including Day Ahead/Real Time, Ancillary products and production schedules optimization
- Financial Transactions: Participate in financial transactions strategies and execution, including Futures, Swaps and Financial Transmission Rights and equivalent products in different ISOs
- Compliance: Maintain compliance with the organization’s Risk Management Framework at all times
- Record Keeping: Ensure accurate recording and validation of transactions in ETRM systems
- Market Monitoring: Maintain detailed comprehension of North American energy markets rules, reports, processes and market dynamics where Boralex operates (currently includes IESO, ERCOT, SPP, NYISO, and CAISO)
- Forecasting: Contribute to development of price forecasts and maintain a view of intra-day and next day hourly market prices to optimize Real Time and Day Ahead bidding strategies
- Automation and Process Improvements: Contribute to the development of internal applications and systems as well as trading automation, validations and analytical tools
- Problem Solving: Assist in any other tasks as required by the trading and commercialization team
Candidates must be willing to work 12-hour rotating shift schedules in the Ottawa/Gatineau office.
YOUR SKILLS
- Bachelor's degree in Finance, Data Science, Engineering, or related field
- Knowledge of energy markets and/or trading experience considered an asset
- Ability to work under pressure, with tight deadlines
- Highly accurate and detail oriented
- Strong analytical and problem-solving skills
- Programming and data science skills considered an asset
- Teamwork and ability to communicate are critical
- Fluency in English is required, French is a plus
AT BORALEX WE OFFER
Boralex fosters a culture of sustainable performance in its day-to-day activities.
We are committed to operating in a manner that is consistent with our business objectives. We are taking action for growth and long-term profitability by making our stakeholders’ satisfaction a priority. Therefore, continuous improvement is at the core of our practices and drives us to set clear, ambitious and quantifiable goals.
Our strength lies in our team’s synergy and diversity. Through autonomy, trial and error and our collaborators’ empowerment, our teams embody a culture of sustainable performance. Our human relationships are based on transparency, inclusion and caring. That work environment enables us to enjoy working together every day. Each and every day, we make sure everyone can grow and contribute to Boralex’s mission.
- Contribute to the growth of a company that’s actively involved in energy transition.
- Add your talent to an agile work team.
- Expand your knowledge through continuous learning.
- Keep fit with a membership allowance at a sports centre of your choice.Spend more time with your family thanks to a flexible and independent schedule.
- Plan your life beyond your career thanks to a pension plan to which Boralex contributes.
Boralex, beyond renewable energy! Be the source of our energy!
Other details
- Job Family EMT - Energy Marketing and Trading
- Pay Type Salary
- Boralex Gatineau, 15 rue Jos-Montferrand, Gatineau, Quebec, Canada