Energy Trader

A little about Capital Power Capital Power (TSX: CPX) is dedicated to Powering Change by Changing Power. This north star guides our ambitions, focus, and actions as we transform our energy system. We're a growth-oriented North American energy company headquartered in Edmonton, Alberta. Our team safely delivers, builds, and creates balanced energy solutions for customers across North America. Our people are at the core of our journey to deliver reliable, affordable, and lower-carbon power solutions. We provide purpose-driven work in a safe and inclusive environment, and we live by our North Star. With us, your contributions matter – we want you to be empowered to innovate, collaborate, and ultimately drive results. We're here to partner with you so you can learn, grow, and forge a career that's meaningful to you. Join us in powering North America! Your Opportunity ​​One​ ​Permanent​ ​Full Time​ Position. Capital Power is seeking a highly motivated and analytical individual to join our Western US Trading team. This exciting opportunity is for a trader who will join the desk to dispatch and optimize the company’s assets, identify and execute speculative trading opportunities across short-term physical and financial power and gas markets in WECC, CAISO, SPP, and ERCOT. The candidate will also be involved in supporting the development and execution of structured transactions, long-term hedging strategies, and portfolio management initiatives. The successful candidate will have a quantitative background with a proven track record of creating and executing physical power flows across the Western U.S., financial trading strategies, and risk management strategies. You will contribute to our team by: Optimizing Capital Power’s assets across the WECC/CAISO across different trading horizons, from daily dispatch and short-term execution to developing and expressing views in the forward markets. Developing and supporting ongoing speculative power and gas trading strategies across physical and financial markets. Supporting the pricing, evaluation, and execution of structured deals, providing market intelligence, commercial feedback, and trading perspectives throughout the development and negotiation process. Managing relationships with counterparties, customers and brokers, including the negotiation of master agreements, EMAs and AMAs where applicable. Applying risk management practices to mitigate losses and ensure compliance with policies and regulations. Collaborating with Operations, Risk Management, and Finance departments to support trading activities. What you will bring to the role: Education: Degree(s) in Engineering, Physics, Math, Economics, Finance, or a related field. ​ Experience: 3+ years of experience in physical power trading in real time or day ahead, with experience purchasing and flowing power throughout WECC on many transmission service providers, specifically in the Western US Experience importing and exporting power between CAISO, SPP, and WECC Technical Skills: Proven ability to analyze large datasets, develop analytical models, and draw actionable insights. Proficiency in relevant trading platforms and analytical tools, such as Python, SQL, and R. Excellent communication and interpersonal skills, with the ability to work collaboratively in a team-oriented environment. Working Conditions: This is an office-based position located in Capital Power’s Calgary office. Additional Details: This position will remain open until a suitable candidate is found. In order to be considered for this role you must be legally eligible to work in Canada. The successful candidate for this position will undergo an education verification, reference checks and criminal record check. Capital Power employees that refer a successful candidate for this position are eligible for a $1000 Referral Reward! We believe that creating a culture that supports employees’ physical, mental, financial, and social wellbeing is critical to our success. That is why we provide flexible and affordable employee benefits, retirement savings, and paid time off programs. We also provide comprehensive onboarding, training, and programs supporting your career development. Depending on the posting requirements relocation assistance may be available. How To Apply and Next Steps Capital Power only accepts resumes via online application at www.capitalpower.com/careers. If you choose to submit your resume by any other means, we cannot guarantee that your application will be considered for vacancies. Applicants with disabilities who require a reasonable accommodation to complete their application can request accessible formats, communication support, or other accessibility assistance by contacting [email protected]. Capital Power is committed to providing a fair and transparent hiring process. We recognize and embrace the value of diversity and hire employees with the appropriate skills, experience and knowledge for each position. Thank you for taking the time to apply and expressing interest in powering a sustainable future with Capital Power! We wish that we could personally respond to everyone who applies; however, it is our practice to contact only those individuals selected for interviews.

The Energy Trader will dispatch and optimize company assets while identifying speculative trading opportunities across physical and financial power and gas markets. They will also support the development of structured transactions, long-term hedging strategies, and portfolio management initiatives.

Candidates must have a degree in Engineering, Physics, Math, Economics, or Finance and at least 3 years of experience in physical power trading. Proficiency in analytical tools like Python, SQL, and R is required, along with a proven track record in Western U.S. power markets.

• Flexible benefits • Retirement savings • Paid time off • Training programs • Career development • Relocation assistance

• SQLPreferred
• Data analysisPreferred
• CommunicationPreferred
• PythonPreferred

Identified from the job description. Confirm important requirements above.

• Physical power trading
• Financial trading
• Risk management
• Asset optimization
• Data analysis
• Python
• SQL
• R
• Market intelligence
• Structured transactions
• Hedging strategies
• Portfolio management
• Communication
• Interpersonal skills
• Analytical modeling
• Gas Trading
• Hedging Strategy
• Relationship Management
• Time Off Management
• Self-Motivation
• Economics
• Finance
• Financial Market
• Financial Trading
• R (Programming Language)
• Interpersonal Communications
• Python (Programming Language)
• Risk Management
• Market Intelligence
• Mathematics
• Negotiation
• Operations
• Physics
• Portfolio Management
• Purchasing
• SQL (Programming Language)
• Transmission Services
• Team Oriented

• Energy
• Finance & Accounting
• Data & Analytics
• Engineering
• Energy Trader
• Securities / Commodities Trader
• Trade Brokers
• Securities, Commodities, and Financial Services Sales Agents

Minimum education

Bachelor’s degree

Minimum experience

3+ years

Posting language

English

Working hours

40 hours per week