Energy Trader (Nationwide | Remote)
Ignite Your Edge in Power Markets
Join an agile, technology-forward proprietary trading firm that is scaling its presence across North America’s wholesale electricity markets. With a flat structure, real-time collaboration, and milestone-based payouts that reward performance the moment it happens. If you thrive in Virtuals, UTCs, and related financial instruments—and have the P&L to prove it—this is your seat at the table.
Key Responsibilities
- Execute and continuously refine day-ahead and real-time Virtual and Up-To-Congestion strategies in PJM, generating consistent, risk-adjusted returns.
- Monitor ISO tariff changes, transmission constraints, and fundamental drivers that affect basis and congestion, translating insights into timely trade decisions.
- Direct all aspects of portfolio risk—limits, collateral, and capital requirements—while providing transparent performance reporting.
- Build and maintain quantitative dashboards and models (Python, SQL, R, or similar) to enhance strategy selection, back-testing, and P&L attribution.
- Share market intelligence and trade ideas with fellow traders via Slack, fostering a culture of knowledge exchange and continuous improvement.
- Document post-trade reviews, lessons learned, and market insights to accelerate firmwide learning.
Required Background & Skills
- Minimum two years of profitable proprietary trading in PJM Virtuals/UTCs or closely related derivatives, ideally exceeding $1 million annual gross margin.
- Demonstrated end-to-end ownership of trading strategy—from idea generation and sizing to execution and risk management.
- Deep familiarity with PJM market data (Day-Ahead/Real-Time LMPs, outages, congestion trends) and ICE power contracts.
- Proficiency with analytical languages (Python, SQL) plus strong Excel skills; capable of building ad-hoc tools and automating workflows.
- Self-directed, highly communicative, and comfortable in a fully remote, performance-driven environment.
- Authorized to work in the United States; open to W-2 or 1099 engagement structures.
Compensation & Benefits
- Competitive base salary commensurate with experience with a lucrative bonus structure.
- Remote-first work model with flexible scheduling; trade from any U.S. location.
- Comprehensive medical, dental, 401(k) match, and PTO.
- Direct access to premium market data, analytics, and high-speed execution infrastructure.
About Blue Signal:
Blue Signal is an award-winning, executive search firm specializing in various specialties. Our recruiters have a proven track record of placing top-tier talent across industry verticals, with deep expertise in numerous professional services. Learn more at bit.ly/46Gs4yS