FTR Trader

FTR Trader | Quantitative Power Trading | $250K–$300K Base + Bonus This Jobot Job is hosted by: Andrew Crain Are you a fit? Easy Apply now by clicking the "Quick Apply" button and sending us your resume. Salary: $250,000 - $300,000 per year A bit about us: A highly sophisticated quantitative trading firm is expanding its Financial Transmission Rights trading operation in New York and is looking for an experienced FTR Trader to join the team. This role is built for someone who can contribute immediately across congestion markets while continuing to develop new strategies across multiple ISO/RTOs. You will have exposure to the complete lifecycle of a trading strategy, including research, modeling, implementation, portfolio construction, risk management, and ongoing performance analysis. You will work alongside experienced FTR traders and analysts while also collaborating with other trading desks across the firm. The environment is highly quantitative and research-driven, with significant emphasis on continually developing better strategies, technology, and trading processes. Why join us? $250,000–$300,000 base salary. Annual discretionary bonus. Opportunity to join a growing FTR trading operation. Direct exposure to experienced traders and quantitative analysts. Cross-desk collaboration within a sophisticated proprietary trading environment. Significant opportunity to contribute to new trading strategies, technology, and processes. Job Details WHAT YOU'LL DO Research and trade FTR and congestion opportunities across one or more ISO/RTO markets. Develop, test, implement, and refine quantitative trading strategies. Analyze trades, positions, portfolio exposures, market conditions, and new trading opportunities. Manage strategy and portfolio risk throughout the full trading lifecycle. Apply statistical, probabilistic, modeling, and programming techniques to power-market problems. Collaborate with traders and analysts while helping mentor junior members of the FTR team. WHAT WE'RE LOOKING FOR 2+ years of experience as an FTR Trader or in a closely related congestion/power trading role. Strong working knowledge of at least one ISO/RTO. Experience with the complete lifecycle of a trading strategy. Portfolio and trading risk-management experience. Experience with quantitative modeling and programming. Strong analytical ability with comfort using probability and statistics to solve trading problems. Ability to operate effectively in a fast-moving trading environment. Interested in hearing more? Easy Apply now by clicking the "Quick Apply" button. Jobot is an Equal Opportunity Employer. We provide an inclusive work environment that celebrates diversity and all qualified candidates receive consideration for employment without regard to race, color, sex, sexual orientation, gender identity, religion, national origin, age (40 and over), disability, military status, genetic information or any other basis protected by applicable federal, state, or local laws. Jobot also prohibits harassment of applicants or employees based on any of these protected categories. It is Jobot’s policy to comply with all applicable federal, state and local laws respecting consideration of unemployment status in making hiring decisions. Sometimes Jobot is required to perform background checks with your authorization. Jobot will consider qualified candidates with criminal histories in a manner consistent with any applicable federal, state, or local law regarding criminal backgrounds, including but not limited to the Los Angeles Fair Chance Initiative for Hiring and the San Francisco Fair Chance Ordinance. Information collected and processed as part of your Jobot candidate profile, and any job applications, resumes, or other information you choose to submit is subject to Jobot's Privacy Policy, as well as the Jobot California Worker Privacy Notice and Jobot Notice Regarding Automated Employment Decision Tools which are available at jobot.com/legal. By applying for this job, you agree to receive calls, AI-generated calls, text messages, or emails from Jobot, and/or its agents and contracted partners. Frequency varies for text messages. Message and data rates may apply. Carriers are not liable for delayed or undelivered messages. You can reply STOP to cancel and HELP for help. You can access our privacy policy here: jobot.com/privacy-policy