What are the responsibilities and job description for the Trading Analyst position at Spencer Ogden?
Job Title: Trading Analyst
Department: Commercial
Location: Houston, Texas, United States
Employment Type: Full-time
Company Overview:
We are a leading independent power producer facilitating a rapid and sustainable energy transition. Our company develops high-quality renewable energy projects and fosters community partnerships while being a responsible land steward. We aim to own and operate our facilities and cultivate land management systems that benefit farmers, communities, and the natural world through innovative approaches like agrivoltaics. Headquartered in Houston, Texas, with teams throughout the United States, we are actively contributing to the clean energy economy. With 940 megawatts currently under construction, we are also developing over 12,000 megawatts of solar PV and 7,000 megawatts of energy storage projects.
Job Summary:
We are seeking a Trading Analyst to join our Structuring, Trading, and Analytics team. This role will report directly to the Director of Structuring, Trading, and Analytics and focus on the trading activities related to our commercially operational assets. The ideal candidate will provide critical analysis to support strategic decisions, ensuring the financial health and market competitiveness of our energy projects.
Responsibilities:
- Develop and maintain analytical tools to evaluate asset performance, trading positions, and strategies, including market information, price forecasting models, and portfolio optimization.
- Build and enhance Power BI and Python-based tools for tracking asset performance, including PPA revenue, basis exposure, forward pricing, and asset valuation inputs.
- Conduct financial and operational risk analyses related to market and regulatory changes.
- Prepare market analysis reports for the Director of Structuring, Trading, and Analytics, identifying risks and opportunities, particularly in the PJM and MISO regions.
- Collaborate with cross-functional teams to integrate market insights into operational strategies and risk management practices.
- Monitor market conditions and use advanced analytics to predict trends and assess impacts on project valuations.
- Research and validate assumptions, reconciling discrepancies between industry sources, forecasts, and actual results.
- Prepare governance materials for risk and board meetings.
- Partner with IT and other business units to support long-term data platform strategy and analytics initiatives.
- Work closely with procurement to ensure the purchase and maintenance of critical software for the department.
- Coordinate efforts related to Renewable Energy Certificates (RECs), including registration, tracking, and trading.
Location:
This position is based in Houston, with a hybrid office policy. Periodic travel for team meetings, events, or as needed may be required.
Requirements:
- Bachelor’s degree in Finance, Economics, Engineering, or a related discipline.
- Experience in financial modeling, market analysis, and risk assessment within the energy sector.
- Proficiency in analytical and modeling tools such as Python, Power BI, and industry-specific software.
- Excellent communication skills, with the ability to present complex financial and market information effectively.
- Strong organizational skills with the ability to manage multiple priorities and meet deadlines.
- Knowledge of electricity markets and regulatory environments, preferably in MISO and PJM.
- Prior experience in renewable energy trading or market operations is preferred.
- Familiarity with risk management strategies and tools relevant to the energy sector.
