The future of energy is digitized, decarbonized and localized. At SmartestEnergy, we need revolutionary thinkers to help our customers make the most of this new landscape, thinking differently to find smart solutions to complex problems.  Formed in 2001, we’re an agile business driven by entrepreneurial thinking. As a subsidiary of the Marubeni Corporation, we also have strong investment and infrastructure behind us. As well as our three offices in the US, we have three offices in the UK and another in Australia.  Further expansion is planned for 2027 and beyond which means global career opportunities for you, with plenty of potential to explore new markets.  When you join our Team, you will have the opportunity to contribute and make an impact every single day.  Overview Reporting to the Head of Trading in the Wholesale Group, the principal role of the Trader (ERCOT) is responsible for ensuring that internal and external customers receive a combination of price competitiveness and outstanding customer service and, in parallel, supports Smartest’s wider business plan by overseeing the diligent hedging and risk management of Smartest’s exposure to the market price risks associated with Smartest’s core customer retail business activities. The Trader is responsible for the creation, management and execution of power and gas trading strategies in the ERCOT region with the goal of supporting Smartest’s overall business plan and profitability through the delivery of the relevant profit targets, while at all times operating in accordance and within the relevant risk limits (for example, VaR and stop loss) and maintaining a high standard of conduct. This role will have access to the Wholesale Analytics function which works to support the trading strategies, manage ETRM trade entry and provide market information. The role will be located at SmartestEnergy’s Houston office. A hybrid work arrangement is in place with a requirement to be in the office a minimum of 3 days a week. In this role, you will be involved with the following: • Effectively hedging the Retail Customer Hedge Book within the tolerances of the company risk framework • Operating within and complying with risk limits, credit and collateral use policies, and trading control procedures. • Achievement of annual Trading P&L targets – customer hedging profitability and proprietary Trading pnl. • Specify and contribute to the development of Trading Analytics tools and reports • Development of ERCOT bid/mid/offer wholesale marks • Issuance of Retail commodity offer curve and ad-hoc Power plant offtake prices • Develop and Maintain key relationships which market participants to support Trading activities To be successful in this role, you are likely to have the following skills/experience: •  Minimum of 3-5 years in U.S. energy or commodity markets as a Trader conducting bilateral transactions in ERCOT, or similar role, with additional experience in the broader commodity retail, trading analytics, market risk space desired • Thorough knowledge of ERCOT power market fundamentals • Fluent in Technical Analysis • Deep understanding of commodity market participants and their purchase/sales requirements • Demonstrated ability to understand the needs of Originators and Retail Sales Teams and customers • Highly numerate, quick thinking • Demonstrate good judgement in high pressure, fast paced, high value situations • Robust integrity of conduct • Ability to effectively influence, collaborate and effectively prioritize • Ability to see the 'big picture' in deals which touch multiple stakeholders The base salary range for this position is between $200,000 - $250.000 annually. Actual base salary will be determined based on factors such as relevant experience, skills, qualifications, internal equity, and market conditions. The posted range represents our good-faith estimate of the base salary for this position at the time of posting. Diversity & EOE SmartestEnergy is an Equal Opportunity Employer. We are committed to providing equal employment opportunities to all qualified applicants and employees without regard to race, color, religion, sex, national origin, age, disability, genetic information, veteran status, or any other characteristic protected by applicable federal, state, or local law. We know that for our business to thrive we need diverse talent with a range of backgrounds, skills and capabilities in each of the countries in which we operate. We view diversity as one of the key enablers that helps our business to grow. We are committed to the full inclusion of all qualified individuals. As such, if a reasonable accommodation is needed to participate in the job application or interview process, please reach out to the HR & People Team via email us-hrssc@smartestenergy.com so we can discuss with you further. Check out all our current open positions Our privacy policy is here