Energy Markets Optimization Specialist

IREN is a vertically integrated AI Cloud provider, delivering large-scale data centers and GPU clusters for AI training and inference. IREN’s platform is underpinned by its expansive portfolio of grid-connected land and power in renewable-rich regions across North America, Europe and APAC. With 100% renewable energy, we build, own and operate our data centers and take pride in being at the forefront of sustainable solutions for the ever-evolving applications of high-performance compute.

We believe that human progress is invaluable, but it should be done in the right way – responsibly, sustainably and having a positive impact on the communities we operate in.

IREN is a vertically integrated AI Cloud provider, delivering large-scale data centers and GPU clusters for AI training and inference. IREN’s platform is underpinned by its expansive portfolio of grid-connected land and power in renewable-rich regions across North America, Europe and APAC. With 100% renewable energy, we build, own and operate our data centers and take pride in being at the forefront of sustainable solutions for the ever-evolving applications of high-performance compute.

We believe that human progress is invaluable, but it should be done in the right way – responsibly, sustainably and having a positive impact on the communities we operate in.

The Energy Markets Optimization Specialist/Manager role at IREN will execute energy trading and optimization activities across our data centre portfolio, with a primary focus on ERCOT. Acting as an energy transaction specialist, the successful candidate will manage day-ahead and real-time market exposure, execute transactions and hedges across the portfolio, support wholesale procurement, optimize CRRs, demand response and ancillary services participation, and provide market intelligence that helps reduce energy cost, manage volatility and capture commercial value.

The role requires strong power market knowledge, disciplined risk management and the ability to work closely with operations, finance, site development, QSEs, retail electric providers and external counter parties.

• Bachelor's degree in Finance, Economics, Engineering, Mathematics, Statistics, Energy Management or a related quantitative field; advanced degree preferred.
• Minimum five (8) years of experience in wholesale power markets, energy trading, asset optimization, scheduling, risk management or energy portfolio management.
• Hands-on ERCOT experience strongly preferred, including day-ahead and real-time markets, nodal pricing, congestion, CRRs, ancillary services, settlements and QSE operations.
• Strong quantitative skills, including pricing models, valuation methods and risk metrics, with the ability to interpret market data, build trading views, assess price risk and translate analysis into clear commercial actions.
• Experience with hedging instruments — PPAs, swaps, futures, options and structured products — bilateral transactions, ISO settlements, mark-to-market reporting, P&L attribution and risk-limit governance.
• Advanced Excel skills required; experience with Python, SQL, VBA, ETRM systems, ISO portals, market data platforms or visualization tools is an advantage.
• Commercially disciplined, detail-oriented and comfortable making time-sensitive decisions in volatile market conditions while operating within approved risk limits.
• Strong communication skills with the ability to explain complex market drivers, trading positions and risk exposures to technical and non-technical stakeholders.
• Willingness to support market operations outside standard business hours as required by portfolio needs and market conditions.

• Execute energy trading and optimization strategies across IREN's operating…