Energy Trader

Responsibilities

• Develop and implement trading strategies that capture inefficiencies of the market as the result of pricing disparity, congestion and binding constraints.
• Manage the natural electric position of the Xcel Energy regulated operating companies through the use of financial, physical, and structured trading products.

Requirements

• Performs technical and fundamental analysis of futures and forward physical market prices to develop a view of the market for Trading and Origination.
• Requirements BS or BA, preferably with emphasis in marketing, business or technical studies, with a minimum of two years of related experience. Two years' profitable
• experience in trading in one or more of the ISO's to include physical and financial OTC instruments, options, and/or virtual/up-to-congestion/point-to-point products. Additional
• Experience managing a utility or load-serving entity (LSE) position in bi-lateral and organized markets, including balancing system requirements, generation dispatch, and market purchases/sales. Demonstrated
• Working knowledge of ISO/RTO market structures (e.g., SPP, MISO, PJM, WECC), including market rules, settlement constructs, and operational requirements.
• Ability to translate ISO tariff rules, market design changes, and operating procedures into actionable trading strategies and impacts to system operations.
• Strong attention to detail with a proven ability to manage trade capture, confirmations, and position accuracy in fast-moving market environments.
• Experience managing physical and financial positions in a cost-optimization / hedging framework, rather than purely speculative trading.
• Familiarity with congestion, basis, and locational pricing dynamics, particularly as they relate to serving load and managing a generation portfolio.
• Demonstrated ability to operate in a risk-controlled environment, prioritizing system coverage, compliance, and cost minimization.
• experience supporting core system coverage and portfolio management is strongly preferred.

Benefits