Trading Analyst

Overview

174 Power Global, headquartered in Irvine, California, is a member of Hanwha Group, a FORTUNE Global 500 firm that is among the eight largest business enterprises in South Korea. 174 Power Global designs, builds and manages renewable energy solutions. The company brings a decade of global leadership in renewable energy to North America, combining best-of-world technology, processes, and partnerships to deliver utility-grade energy solutions customized for local energy markets.

174 Power Global offers the full spectrum of energy solutions – from power plant development, design, construction, operations, and maintenance. With proven capabilities across the renewable energy value chain, 174 Power Global is expanding into data centers, leveraging internal knowledge and expertise to secure and enable clean/renewable powered sites for data center development. Our focus is on attracting clients who will build and operate these data centers, ensuring their needs are met through our high-value, innovative solutions.

We are seeking a technical and driven professional as a Trading Analyst who is independent, results-oriented, self-motivated and wants to be part of a dynamic organization. The ideal candidate will have experience in the deregulated retail electricity space as well as a technical background. As part of the wholesale desk enabling the growth of Chariot/174PG’s business, this role will be responsible for running and maintaining all analytical tools needed for Supply & Trading management activities in the ERCOT power market working closely with Supply and Technology teams.

Monitor and report risk metrics regularly to senior management, you will gain exposure to a wide range of businesses and products in a global environment. Liaising with Supply, Risk and support staff, you will ensure that trading systems adequately represent the risk profile of the trading books, and that risk numbers are reported in an accurate and timely manner. You will foster strong relationships with clients and stakeholders across all levels and interact regularly with Executive leadership to ensure the market risks arising from day-to-day trading positions are fully understood and managed appropriately within the limit framework.

There’s a pathway to front office responsibilities in this role after development has occurred.

This role will be located in Houston Texas, and the ideal candidate will be within commutable distance to the Houston office location. This is an onsite required role.

• Support trading function through development of in-house tools and software
• Support development of algorithmic trading platform
• Providing key financial analysis to enable both day-to-day and strategic decisions
• Responsible for coordinating Supply related management presentations, contract executions and project management activities
• Function as the Trading analyst for all Supply related IT projects
• Assist in the marking of all the relevant wholesale and retail price curves including implied hourly scalers and scarcity premiums
• Analyzing complex financial information and reports to provide accurate and timely financial information to supply team and management for decision-making purposes

• Analytical - Proven problem-solving capability with strong analytical skills including statistical analysis
• Stakeholder Engagement – Understands the importance of seeking out relationships and working with others toward a shared goal
• Effective Communication - Strong verbal and written communication skills
• Agility - Demonstrate willingness to modify position as needed to meet the needs of the business

• Bachelor’s Degree Required in Finance, Economics or any other hard science quantitative
• 1-3 years of work experience in Energy or Technology industry
• Experience in deregulated electricity markets
• Excellent interpersonal and presentation skills coupled with deep analytical capabilities
• Ability to assess mathematical derivative pricing models within the context of real-world market conditions
• Strong verbal and writing skills
• Ability to multitask and work under multiple deadlines

• Financial Planning and Analysis skills
• Advanced technological skills particularly financial modeling in Excel and Access
• MBA and/or CPA a plus

174 Power Global d/b/a Chariot Energy provides equal employment opportunities (EEO) to all employees and applicants for employment without regard to race, color, religion, sex, national origin, age, disability, or genetics.