Job Description: The energy trader II executes power and natural gas-trading strategies relating to the company's generation assets by executing both physical and financial transactions covering periods from the balance of the year to the real-time market.
The energy trader II is expected to take on a leadership role while maximizing the value of company resources. Responsibilities:
Develops and manages appropriate power and natural gas-trading offer strategies within the company's risk limitations.
Trades power and derivative products in a fast-paced environment in accordance with the company's risk management policies and procedures.
Analyzes the company's physical and financial power, natural gas and renewable energy credit positions; supports structuring and marketing of offtake agreements with company's assets and external counterparties; executes appropriate trading strategies related to such positions to maximize the company's gross margin.
Understands cost structure of company-owned generation, contractual obligations including power purchase agreements and the impact of such on the company's trading strategies with specific ability to develop and execute profitable cross commodity trading strategies.
Monitors regional energy markets including energy prices, transmission availability and unit availability; develops and implements strategic investments based upon such information.
Develops external relationships with trading counterparties.
Directs market research projects.
Analyzes transmission positions and congestion throughout trading regions.
Models offers for company's merchant positions in coordination with internal stakeholders.
Develops and executes hedging strategies surrounding the company's asset portfolio as well as transmission strategies to maximize the company's return on assets.
Coordinates the use of company-owned or controlled generating plants and other resources with other staff members.
Provides technical leadership to staff in various energy markets.
Performs additional responsibilities as requested or assigned.
Qualifications:
Bachelor's degree in engineering or business-related field.(Typically, six additional years of related, progressive work experience would be needed for candidates applying for this position who do not possess a bachelor's degree.)
Advanced degree preferred
3+ years of experience in the energy industry, which includes experience in one or more of the following: gas or electric trading-related experience including financial hedging, pipeline/transmission marketing or similar commercial experience and/or utility transmission experience, origination or pricing of power purchase agreements.
Superior communication, analytical and problem-solving skills to forecast system loads; economic evaluation of energy production utilizing market prices for gas and electricity.
Strong project management skills.
Demonstrated ability to understand and utilize computer systems and applications as tools for analysis.
Strong project management skills.
The ability to prioritize and handle multiple tasks and projects concurrently in a fast-paced environment.
The ability to prioritize and handle multiple tasks and projects concurrently in a fast-paced environment.
Effective oral and written communication and negotiation skills.
Effective analytical, problem-solving and decision-making skills.
Some travel may be involved.
Position may require working nontraditional hours.
Employees must be able to perform the essential functions of the position, with or without an accommodation.
Job Info
Job Identification: 10003382
Job Category: Energy Marketing & Trading
Posting Date: 2025-08-20
Apply Before: 2025-09-10T13:06:00+00:00
Job Schedule: Full time
Locations: 1615 Locust Street, Des Moines, IA, 50309, US
Business: BHE Renewables, LLC
Equal employment opportunity, including veterans and individuals with disabilities.
