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West Power Trader

Location: 

Houston, TX, US

Company:  DTE Energy Trading
Job ID:  2733

The future is bright at DTE Energy! We are one of the largest Fortune 500 diversified utilities in the United States with an aspiration to be the best-operated energy company in North America and a force for good in the communities we live and serve. We have businesses in 26 states and are comprised of regulated utility and non-utility businesses.  Our utility business provides electric and gas service to approximately 3 million customers.  Our non-utility businesses include a diversified portfolio of energy related companies, ranging from gas storage and pipelines to renewable power development.
 

DTE Energy’s utility and non-utility businesses are poised for significant growth.  We look forward to working with highly motivated and team-oriented individuals to energize our efforts of growing economically and environmentally. 
 

Recently, DTE Energy has been recognized as an outstanding place to work and has received the following accolades:

* Gallup Great Workplace Award for multiple years
* Civic 50 Award for corporate citizenship excellence
* Indeed’s annual “50 Best Places to Work” award for two years running
* Metropolitan Detroit’s 101 Best and Brightest Companies to work For
* J.D. Power Customer Satisfaction Award
* Professional Women’s Magazine/Black EOE Journal “Best of the Best”
* Computerworld’s 100 Best Places to Work in IT
* Best Employers for a Healthy Lifestyle Gold Award
* Detroit Free Press Green Leaders Award

 

 

 

 

 

West Power Trader

Location: Houston, TX

DTE Energy Trading is an active physical and financial gas, power, and environmental marketing company. A subsidiary of DTE Energy—a company with $24.2 billion in assets—our company is headquartered in Ann Arbor, MI, with offices in San Francisco, Houston, and Richmond. We provide energy sourcing and management solutions for a broad range of customers; we also manage a significant portfolio of gas transport and storage as well as power generation and transmission assets throughout the North American markets.

DTE Energy Trading is looking for an experienced individual to join its Houston office as a West Power Trader.  Specific duties will include:

  • Collaborate with Sr. West Power trader in developing and maintaining overall West power strategies.
  • Manage daily physical flow volumes around existing strategies, including real-time issues during the day (not including nights and weekends).
  • Develop individual strategies and manage risk/PnL.
  • Work with Origination to identify synergies and create value across commodities in the West market.
  • Identify growth areas in the form of new instruments or products to be traded.

 

Minimum Requirements:

  • B.S. or B.A. from an accredited institution in Economics, Finance, Engineering or similar analytical discipline.
  • At least 3 years of professional experience trading in the CAISO / West Power markets with a successful track record managing his/her own book.

Desired Qualifications:

  • Solid fundamental knowledge of physical CAISO / West power, including DA/RT, FTR/CRR, transmission, or other ancillary services.
  • Experience pricing complex structured transactions including energy offtakes from renewable generation assets.
  • Working knowledge of West gas infrastructure and markets.
  • Works effectively with a team to accomplish shared objectives.
  • Effective oral and written communication internally and externally.
  • Strong proficiency in MS Office, databases, and analytics software.

 

 

DTE Energy is an equal opportunity employer and considers all qualified applicants without regard to race, color, sex, sexual orientation, gender identity, age, religion, disability, national origin, citizenship, height, weight, genetic information, marital status, pregnancy, protected veteran status or any other status protected by law.

 

 


Nearest Major Market: Houston