Congestion Trading Director_TRPCN

Position: Congestion Trading Director_TRPC1N
Job Description

Congestion Trading

Posting

Start Date:

5/19/26

Requisition

Apply now

Informations générales

HOUSTON, United States, 77056

ENGIE ENERGY MARKETING NA, INC.

Skilled ( 3 experience

Trading / Portfolio Management

Permanent

Full - Time

What You Can Expect

The Power Congestion Director will lead ENGIE Energy Marketing North America's power congestion trading activities, with responsibility for strategy, market-making, risk management, and performance optimization across ISO/RTO congestion markets (with a primary focus on PJM and other relevant ISOs). This role combines senior trading leadership with hands-on deployment of fundamental, nodal-based strategies, ensuring alignment with ENGIE's trading best practices, risk governance, and zero-carbon objectives.

The position sits in Houston and reports to VP Trading Gas and Power

Trading & Market Leadership

* Serve as the senior market-maker and subject-matter expert for power congestion markets, providing liquidity, insight, and market access to internal and external stakeholders.

* Lead the development, deployment, and optimization of nodal trading strategies using ISO congestion products across relevant time horizons.

* Manage congestion trading risk within approved limits, ensuring disciplined risk management and compliance with ENGIE policies.

* Communicate trading decisions, drivers, and performance clearly and timely to senior stakeholders.

Strategy, Analytics & Optimization

* Develop and oversee a systematic, fundamentals-based analytics framework for congestion trading.

* Identify and execute optimization opportunities across congestion portfolios, asset-related positions, and virtual markets.

* Provide forward-looking market insights, scenario analyses, and performance benchmarking to support strategic decision-making.

* Act as the central internal resource on ISO market rules, pricing dynamics, and network topology.

Cross‑Functional Collaboration

* Partner closely with Power, Origination, Asset Management, and Structuring teams to support asset-backed strategies and deal flows.

* Support asset managers with ISO fundamental views and congestion analyses.

* Participate in ISO/RTO meetings and assess commercial, regulatory, and operational impacts for the broader organization.

* Work collaboratively with back-office, credit, legal, and risk teams to ensure efficient, compliant execution and settlement.

Governance & Compliance

* Ensure all trading activity is conducted in compliance with ISO/RTO protocols, regulatory requirements, and internal controls.

* Provide insights on regulatory and market structure changes impacting congestion products.

* Maintain transparent documentation and audit-ready communication of strategies, risks, and outcomes.

What You'll Bring

* Bachelor's degree in which you completed courses in finance, economics, engineering, mathematics, or a related quantitative discipline

* Minimum of 10 years of progressive experience in power trading, including significant experience in congestion or nodal-based trading within PJM and/or other ISOs.

* Deep understanding of power market fundamentals, transmission congestion, and network topology.

* Proven ability to manage risk and deliver consistent performance in volatile market environments.

* Strong analytical, problem-solving, and strategic thinking capabilities.

* Excellent communication skills with the ability to articulate complex analyses to senior stakeholders.

* Prior leadership or mentorship experience within a trading or analytics desk.

* Experience developing or enhancing systematic trading or analytics frameworks.

* Familiarity with PLEXOS, Dayzer, or similar power market optimization tools.

* Proficiency in Excel and ETRM systems

* Ability to work autonomously while operating effectively in a matrixed organization.

* Comfort managing multiple priorities with a high degree of accuracy and limited oversight.

* Willingness to engage in constructive dialogue and debate to drive better commercial outcomes.

Additional Details

* This role is eligible for our hybrid work policy; 4 days in the office per week

* Must be willing and able to comply with all ENGIE ethics and safety policies;

Compensation

Salary…