Sr. Manager, Transmission Trading
Irving, TX 
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Posted 13 days ago
Job Description

If you have what it takes to become part of the Vistra family and would like to start a promising career with a global leader, take a look at the exciting employment opportunities that are currently available and apply online.

Job Summary

This position manages all aspects of Transmission Trading in designated ISO (either PJM, MISO, ERCOT, NY/NE, CAISO) by:
Optimizing Vistra's current and future nodal position of generators length and load obligations (hedging) and
Maintaining a profitable point of view congestion trading book while maintaining fundamental and technical models based
Developing internal point of view for items one and two above using fundamental and technical methodologies

Job Description

Key Accountabilities:

  • Active management of Vistra's nodal positions in short, mid and long term
  • Support the optimization of nodal risk introduced by Vistra's development and retail
  • Maintains a profitable power basis speculative trading book
  • Support the shaping of markets by collaborating with Vistra's Regulatory teams
  • Perform all tasks while following all external regulations and internal risk policy of Vistra Corp

Education, Experience, and Skill Requirements:

  • 15+ years experience in the power basis industry, specifically in the designated ISO.
  • Robust mathematical skill and ability to process large amounts of information to synthetize it into actionable commercial decisions
  • Thorough knowledge of the power system in the designated ISO and the rules regulating it
  • Ability to develop and execute trading strategies
  • High school diploma or equivalent
  • Experience or coursework in the following areas are applicable to above skills:
  • Multivariate calculus and differential equations
  • Linear algebra and/or econometric analysis
  • Statistics, probability and discrete mathematics
  • Algorithm and process design
  • Finance and economics
  • Steady state power system analysis

Key Metrics:

  • Maintains a net positive savings from the start value and actual delivery costs
  • Maintains a profitable proprietary trading book
  • If applicable market, ARR Optimization when compared to market wide results

Job Family

Trading

Company

Luminant Energy Company LLC

Locations

Irving, Texas

Texas
We are a company of people committed to: Exceeding Customer Expectations, Great People, Teamwork, Competitive Spirit and Effective Communication. If this describes you, then apply today!

If you currently work for Vistra or its subsidiaries, please apply via the internal career site.

It is the policy of the Company to comply with all employment laws and to afford equal employment opportunity to individuals in all aspects of employment, including in selection for job opportunities, without regard to race, color, religion, sex, sexual orientation, gender identity, pregnancy, national origin, age, disability, genetic information, military service, protected veteran status, or any other consideration protected by federal, state or local laws.

 

Job Summary
Start Date
As soon as possible
Employment Term and Type
Regular, Full Time
Required Education
High School or Equivalent
Required Experience
15+ years
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