Energy Trader

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