Energy Trader, Portfolio Management Group
About our Company
Equilibrium Energy is revolutionizing the clean energy transition by developing innovative grid-scale energy storage solutions. Our technology and market platform helps utilities, independent power producers, and commercial customers optimize their renewable energy assets, improve grid reliability, and accelerate decarbonization. As a fast-growing climate tech company, we're building infrastructure that will shape the future of energy markets and enable a sustainable energy economy.
Equilibrium Energy is a well-funded, Series B clean energy startup backed by some of the most prominent institutional investors in climate. New colleagues will share our vision that a next-generation energy company must be built from the ground up on deep industry expertise combined with an unwavering commitment to modern digital approaches. We’re looking for collaborative, talented, passionate and resourceful folks to join our team and help us lay the foundation for our important mission and ambitious plan.
What we are looking for
The Energy Trader role will be a part of the Equilibrium Portfolio Management group, working as part of a collaborative team of quantitative researchers, software engineers and traders developing proprietary virtual, PTP and FTR strategies across multiple ISOs while supporting fundamental based forecasting efforts.
What you will do
- Develop and execute Virtuals and FTR trading strategies across one or multiple ISO/RTO markets (ERCOT, PJM, MISO, SPP, CAISO)
- Conduct fundamental market analysis, leveraging power flow models such as PowerWorld and Dayzer, or similar to identify congestion patterns and trading opportunities.
- Work closely with quants and engineers to integrate fundamental modeling forecasts and insights into existing and new strategies
- Analyze nodal price formation, transmission constraints, and generation dispatch to optimize trading positions.
- Maintain an in-depth understanding of ISO rules, policy changes, regulatory impacts on trading strategies and act as a subject matter expert on short term and congestion trading approaches.
- Collaborate with risk management and portfolio management teams.
- Contribute to the continuous improvement of trading models, automation tools, and market data pipelines.
The minimum qualifications you’ll need
- Bachelor's or advanced degree in Engineering, Mathematics, Economics, Computer Science, or a related field, masters preferred.
- Proven experience in trading or supporting a trading desk, with a focus on Virtuals, PTP and FTRs.
- Strong expertise in fundamental grid modeling and power flow analysis, using tools such as PowerWorld, Dayzer, or similar
- Deep knowledge of ISO market structures, bidding strategies, and congestion modeling in any of ERCOT, PJM, MISO, and SPP.
- Strong proficiency in Python, with experience in data analysis, automation, and model development for trading strategies.
- Ability to interpret market data and transmission constraints to drive trading decisions.
- Strong collaboration skills with quantitative researchers and software engineers to refine and scale trading models.
- Experience with SQL, R, and other analytics/data tools a plus
Not sure this is the right role for you?
We are a high growth company with accelerating hiring needs so there’s a great chance we’ll be able to create a custom role for you, now or in the future. All roles, titles and compensation packages are tailored to the applicant, so apply anyways and tell us in your cover letter about your dream role.
What we offer
Equilibrium is composed of deeply knowledgeable industry experts across all our functions, with decades of experience in energy-specific commercial structuring, power systems engineering, machine learning, computational research, operations research, distributed and compute-intensive infrastructure, and modern software & ML engineering. Our experience in the space means we’ve previously built versions of nearly every technical component of our platform. We are now designing them better, and combining them in a holistic and novel way, to achieve global scale and climate impact. We pride ourselves on our deeply empathetic & collaborative culture, honest and direct but respectful communication, and our balanced, flexible, and remote-first work environment.
Employee benefits include:
- Competitive base salary and a comprehensive medical, dental, vision, and 401k package
- Opportunity to own a significant piece of the company via a meaningful equity grant
- Unlimited vacation and flexible work schedule
- Ability to work remotely from anywhere in the United States, Canada & Europe, or join one of our regional hubs in Boston, SF Bay Area, or London
- Accelerated professional growth and development opportunities through direct collaboration and mentorship from leading industry expert colleagues across energy and tech
Equilibrium Energy is a diverse and inclusive, equal opportunity employer that does not discriminate on the basis of race, gender, nationality, sexual orientation, veteran status, disability, age, or other legally protected status.