Leading and managing trading operations, developing strategies, and ensuring compliance with regulations. requires a blend of experience, knowledge, and skills in the energy market.
Responsibilities and Requirements
- Directing Operations: The director oversees the company's intermediate and long-term power or fuel trading.
- Strategy Development: Developing hedging strategies to maximize the organization's profitability.
- Policy and Compliance: The role involves creating policies and procedures for trading processes to ensure they align with established standards and regulations.
- Team Management: Managing a departmental function, setting goals, and approving policies within sub-functions are essential managerial tasks.
Qualifications
- Education: A bachelor's degree in a relevant field is generally required.
- Experience: An extensive managerial background, typically 10+ years of industry experience directly related to energy commodities trading, is necessary to effectively lead trading operations.
- Knowledge and Skills: A deep understanding of energy commodities (natural gas, power, renewables, oil, etc.) and trading mechanics (futures, derivatives, swaps, and options) is crucial. Strong analytical and communication skills are also important2.
- Specific Skills: Depending on the company's focus, specific expertise, such as ERCOT trading, may be required4.
- Industry Trends: Staying updated on market reforms and policy changes is essential for making informed trading decisions.
