What are the responsibilities and job description for the FTR Trader – Power & Gas Trading Firm – Stamford, CT position at Redstone Search Group?
A premier energy trading firm in Stamford seeks a skilled FTR Trader or a Quantitative Analyst ready to transition into trading. This is an opportunity to join a high-performance proprietary trading team and contribute to a data-driven, algorithmic trading environment, with a focus on SPP and ERCOT markets.
The Role:
- Develop and execute FTR trading strategies, leveraging power market modelling and congestion analysis.
- Conduct market analysis, using quantitative modelling, machine learning, and statistical arbitrage to identify trading opportunities.
- Collaborate with quantitative analysts, fundamental analysts, and senior traders to refine predictive analytics.
- Manage risk exposure, optimise bidding strategies, and enhance portfolio performance.
Your Profile:
- Experience: 4 years in FTR trading, power trading, or a quantitative analyst role with power markets expertise.
- Market Knowledge: Strong understanding of the US power grid, nodal markets, transmission congestion, and auction dynamics (SPP & ERCOT preferred).
- Technical Skills: Proficiency in Python, R, SQL, or similar for data analysis, market modelling, and optimisation techniques.
- Mindset: Analytical, innovative, and able to thrive in a fast-paced, quantitative trading environment.
Why Join?
- Competitive compensation with significant upside potential.
- Direct impact on P&L, with ownership of algorithmic trading strategies.
- Cutting-edge technology, cloud computing, and advanced analytics tools.
- High-frequency trading infrastructure and a collaborative environment.
- Clear career progression within a top-tier trading firm.
For a confidential discussion, apply now or reach out directly.