FTR Trader

<h3 data-start="162" data-end="210">Financial Transmission Rights (FTR) Trader</h3> <p data-start="212" data-end="486">We are seeking a skilled <strong data-start="237" data-end="251">FTR trader</strong> to join our expanding power markets team in <strong>California/Bay Area</strong>. This role involves actively trading congestion products across several&nbsp;<strong data-start="381" data-end="400">ISO/RTO markets</strong>, performing <strong data-start="413" data-end="432">market research</strong>, and developing <strong data-start="449" data-end="483">data-driven trading strategies</strong>.</p> <p data-start="488" data-end="765">You’ll work closely with other traders and analysts to identify opportunities, manage risk, and enhance our existing strategy framework. Collaboration with different trading groups within the firm is encouraged, providing exposure to a wide range of energy market activities.</p> <p data-start="767" data-end="1003">We’re looking for someone who combines deep knowledge of <strong data-start="824" data-end="854">FTR and congestion markets</strong> with curiosity and a hands-on mindset. You should be excited to analyze market dynamics, refine trade ideas, and guide junior members of the desk.</p> <p data-start="1005" data-end="1285">Our culture values people who are <strong data-start="1039" data-end="1075">humble, sharp, and collaborative</strong>—we innovate constantly, whether it’s through new analytical methods, trading ideas, or technology improvements. This position offers the chance to make a direct impact on the firm’s performance from day one.</p> <p data-start="1005" data-end="1285">&nbsp;</p> <h3 data-start="1005" data-end="1285">Requirement:</h3> <ul> <li data-start="222" data-end="369"> <p data-start="224" data-end="369">Hands-on experience (around <strong data-start="252" data-end="264">2+ years</strong>) in <strong data-start="269" data-end="284">FTR trading</strong>, congestion analysis, or comparable power market roles involving ISO/RTO products.</p> </li> <li data-start="370" data-end="486"> <p data-start="372" data-end="486">Solid grasp of <strong data-start="387" data-end="404">market design</strong>, grid operations, and transmission dynamics across multiple U.S. power markets.</p> </li> <li data-start="487" data-end="662"> <p data-start="489" data-end="662">Strong <strong data-start="496" data-end="517">technical toolkit</strong> – proficient in <strong data-start="534" data-end="544">Python</strong> for research and data engineering, comfortable working in <strong data-start="603" data-end="616">Git-based</strong> environments for collaborative development.</p> </li> <li data-start="663" data-end="821"> <p data-start="665" data-end="821">Proven record of <strong data-start="682" data-end="736">building, testing, and refining trading strategies</strong> through full lifecycle: ideation → modeling → risk assessment → post-trade review.</p> </li> <li data-start="822" data-end="992"> <p data-start="824" data-end="992">Adept with <strong data-start="835" data-end="885">statistical reasoning and quantitative methods</strong>; uses probability, regression, and optimization techniques to evaluate risk and discover inefficiencies.</p> </li> <li data-start="993" data-end="1138"> <p data-start="995" data-end="1138">Exceptionally <strong data-start="1009" data-end="1028">detail-oriented</strong> and disciplined — able to manage simultaneous workflows and deliver consistent results under time pressure.</p> </li> <li data-start="1139" data-end="1242"> <p data-start="1141" data-end="1242">Enjoys working with data, exploring new patterns, and maintaining rigorous model validation habits.</p> </li> <li data-start="1243" data-end="1383"> <p data-start="1245" data-end="1383">Strong <strong data-start="1252" data-end="1276">communication skills</strong>; able to explain technical findings clearly and coordinate with traders, analysts, and technology teams.</p> </li> <li data-start="1384" data-end="1536"> <p data-start="1386" data-end="1536"><strong data-start="1386" data-end="1401">Self-driven</strong> and intellectually curious — thrives in unstructured environments, quick to learn new tools and adapt to changing market conditions.</p> </li> <li data-start="1537" data-end="1625"> <p data-start="1539" data-end="1625">Positive teammate who contributes to a collaborative, solution-focused desk culture.</p> </li> </ul>