Power Trader

Job Description

We are looking for an experienced PJM Power Trader to join a remote proprietary trading platform, with a focus on PJM Virtuals, Point-to-Point and Short-Term FTRs.

About the Role

This is an opportunity for a trader with a proven track record who understands how to maximize returns while minimizing downside risk through a credit-efficient trading strategy.

Responsibilities

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• PJM Virtuals
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• Point-to-Point
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• Short-Term FTRs
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• Congestion and market analysis
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• Short-term trading strategies
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Qualifications

To apply, please provide:

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• A brief description of your trading strategy, process and approach to the markets
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• Daily trading performance by market and product, preferably covering the last 2 years, in Excel format
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• Average and maximum credit usage
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• Estimated daily P&L targets, e.g. +/- $5,000 per day
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• Maximum two-day drawdown and maximum overall drawdown
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• Any commercial software, data feeds or other tools required to execute your strategy
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Required Skills

We are particularly interested in traders who understand that consistent, risk-adjusted returns are more important than simply maximizing absolute P&L. The platform places a strong emphasis on:

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• Sortino Ratio
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• Consistent equity curves
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• Downside risk management
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• Controlled drawdowns
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• Efficient credit utilization
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• Repeatable and clearly defined trading strategies
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Preferred Skills

The method and path by which returns are generated is just as important as the absolute profit.

Pay range and compensation package

$125,000 base salary

25% of book profits

Fully remote

Equal Opportunity Statement

If you have a proven PJM trading track record and are interested in a performance-driven opportunity with 25% of book profits, we would like to hear from you.