What are the responsibilities and job description for the Day Ahead Energy Trader position at Associated Electric Cooperative Inc.?
At Associated Electric Cooperative, we're committed to providing reliable energy to the communities we serve with passion and precision. We're a tight-knit team dedicated to keeping the lights on and the energy flowing smoothly across our expansive network!
From technical to operational to professional disciplines, our team brings a wide variety of skills, talents, and expertise to the table. We believe in both dedicating ourselves to excellence and investing in your growth.
Take your career to the next level! AECI is looking for a Day Ahead Energy Trader to optimize energy resources, transact in power and gas markets, and support real-time operations. If you thrive in a fast-paced environment, have a keen eye for market strategy, and want to make a direct impact on energy reliability—this role is for you!
What you'll do:
Manage Day Ahead load forecasting and generation schedules.
Optimizing power and gas purchases and sales through bilateral transactions, exchanges, and RTO markets for next day through balance of the month.
Oversee and maximize the value of an extensive transmission portfolio.
Support Real Time marketers with position management strategy, resource dispatch, and fuel considerations.
Conduct market analysis to capitalize on opportunities in power and natural gas markets.
Ensure compliance with industry regulations, including NERC, FERC, and SERC standards.
Communicate energy marketing strategies clearly to leadership and external stakeholders.
What you’ll need:
A technical degree (engineering, economics, finance, etc.) or 5 years of experience in wholesale power and/or gas markets.
Strong quantitative and economic evaluation skills.
Exceptional attention to detail and multitasking abilities.
Excellent communication and interpersonal skills for engaging with counterparties and team members.
Proficiency in Microsoft Excel, Power Point, and Word; Power BI is a bonus.
Familiarity with ETRM or trade capture systems a plus.
Knowledge of RTO dynamics, including ARRs, FTRs, virtual transactions, and hedging strategies.
What Associated provides:
- We are committed to rewarding talent with top pay. Your efforts will be recognized with a total compensation package that reflects your experience and contributions.
- Plan for your future with confidence! We offer a robust 401(k) program with a generous employer match to help you build the financial future you deserve.
- We know how important work-life integration is. Recharge with PTO and enjoy paid holidays, ensuring you have time to unwind and pursue your passions outside of work.
- Your health matters to us! Stay covered beginning on your first day of employment with our premier healthcare plan that includes medical, dental, and vision coverage for you and your family.
At Associated Electric Cooperative, all of our 700 employees across MO/AR/OK territory play a crucial role in powering our mission! Whether you're an experienced professional or just starting your career, you'll find endless opportunities for career development here. Join us in an environment where your contribution is valued, and your career can thrive as we work together to keep the lights on!
Ready to Energize your career? Visit our website at www.aeci.org/careers to learn more about Associated and apply for a position.
Equal Opportunity Statement:
AECI is fully committed to the concept and practice of equal opportunity and affirmative action in all aspects of employment. Please reference the contact information below if you require assistance in filling out an application. Individuals with disabilities should request reasonable accommodations in accordance with the Americans with Disabilities Act prior to an appointment.
An equal opportunity employer and provider/disability/veteran.
