Senior Energy Trading Manager

This is a fully remote position, open to applicants in United States.

📋 Description

• Lead day-ahead and real-time energy and ancillary service offers for Energy Vault’s utility-scale BESS fleet in ERCOT and CAISO.

• Take ownership of trading strategy and execute offers using internal software and forecasting tools.

• Adhere to QSE and Scheduling Coordinator operating procedures and intervene with manual trading when necessary.

• Establish frameworks for trading performance and success metrics; monitor performance and risk metrics while communicating results.

• Participate in the physical dispatch and optimization of BESS assets.

• Oversee day-ahead trading strategy and allocate storage capacity among day-ahead energy, real-time energy, and ancillary service markets.

• Act as a subject-matter expert on wholesale electricity trading, market fundamentals, bidding strategy, and ISO protocols.

• Collaborate with data scientists, software engineers, and asset operations teams to enhance optimization software and translate insights into product requirements.

• Develop processes to identify transmission constraints and modify optimization strategies accordingly.

• Contribute to hedging strategy and potentially execute energy futures and options trades.

• Monitor developments in ISO regulations and market design, communicating commercial and operational implications.

• Report to the Head of Optimization & Trading.

⛳️ Requirements

• Bachelor’s degree or higher in engineering, economics, finance, or another quantitative field.

• Over 5 years of power trading experience at a utility, IPP, trading firm, or energy trading software company.

• Preference for experience in trading energy storage assets.

• Extensive knowledge of ERCOT operating protocols and rules, along with familiarity across multiple markets.

• Deep understanding of transmission topology, ISO LMP and ancillary service pricing, and power flow constraints.

• Strong grasp of risk management and the ability to optimize revenue while managing risk constraints.

• Capability to participate in an on-call rotation, including occasional evening or weekend coverage.

• Excellent written and verbal communication skills.

• Strong quantitative and analytical abilities; capacity to interpret complex datasets and generate actionable recommendations.

• Experience with Python preferred.

• Proficient in Excel is required.

• Familiarity with financial products such as virtuals, CRR/FTR, or forward contracts is advantageous.

• Self-motivated, highly organized, and capable of managing multiple priorities independently.

• Willingness to travel up to 20%.

• Comfortable working in fast-paced, rapidly growing environments.

• Must successfully pass a pre-employment background check.

• Energy Vault participates in E-Verify.

🏝️ Benefits

• Competitive salary and performance-based bonuses.

• Comprehensive health, dental, and vision insurance.

• Retirement savings plan with company match.

• Opportunities for professional development and career growth.

• Flexible work environment and remote work options.