Trader, Short-term - East

November 15 2024
Industries Mining, Petroleum, Natural Gas
Categories Trading, Asset management
Calgary, AB • Full time

WHO WE ARE

"Energizing the Future."

TransAlta owns, operates, and develops a diverse fleet of electrical generation assets in Canada, the United States, and Australia, providing municipalities, industries, and businesses with safe, low-cost, and reliable clean electricity. For over 111 years, TransAlta has been a responsible operator and proud community member where its employees work and live. We are committed to fostering a dynamic, productive, and safe work environment. Our employees contribute to a diverse, open, and transparent culture with clear accountabilities, strong leadership, and challenging opportunities for personal career growth.

For more information about TransAlta, visit our website at, www.transalta.com.

Our Commitment to Equity, Diversity, and Inclusion

It is our collective mission to ensure that every single employee feels a sense of inclusion and belonging and can show up to work as their true authentic self. TransAlta is committed to hiring a diverse workforce including women, Indigenous Peoples, persons with disabilities, members of visible minorities, and members of the LGBTQ2+ community. TransAlta believes that diversity enhances the quality of its performance, is an essential element of effective corporate governance, and cultivates a strong workplace culture.

ABOUT THE ROLE

TransAlta is seeking a Short-Term Trader, East, to join our team and report directly to the Manager, East Cash & FTR Trading. This pivotal role on the East Short-Term desk involves shift work with on-call responsibilities and is essential to managing our generation assets in Eastern markets (Canada & USA). The position focuses on delivering reliable service and risk mitigation through diligent work practices and strict adherence to compliance standards.

This position is a full-time in-office role at our new head office in Downtown Calgary.

WHAT YOU WILL DO

  • Responsible for managing Eastern Asset offers, outages, and 24/7 first contact with ISOs and RTOs;
  • Oversee Energy Management Agreements (EMAs) to provide around-the-clock support;
  • Develop and maintain strong relationships with both new and existing trading and EMA clients;
  • Drive financial results in alignment with the annual East Short Term Trader plan;
  • Identify and pursue growth opportunities with new clients and in active trading markets (IESO, NYISO, PJM, MISO, ISNE, and SPP);
  • Provide comprehensive support to the East desk, handling power scheduling and managing deal requests;
  • Collaborate with cross-functional teams (Risk, Settlement, and Credit) to resolve trade or financial discrepancies for the Eastern business;
  • Execute personal trades and ensure accurate deal capture.

WHAT WE NEED FROM YOU

  • Bachelor's degree in Commerce, Engineering, Economics, Mathematics, or Computer Science;
  • 5+ years of relevant experience in market and trading environments;
  • Strong ability to quickly analyze information and make timely decisions;
  • Proven skill in communicating effectively with counterparts and customers;
  • Demonstrated capacity to make well-informed decisions under pressure;
  • Successful candidates must be able to work 11- and 8-hour shifts (starting between 7:00 am and 6:00 am), with additional on-call support as needed;
    • The shift schedule follows a 4 days on / 4 days off rotation (subject to change).

OTHER REQUIREMENTS

  • Successful completion of applicable background checks is a condition of employment.

WHAT WE OFFER

We offer our employees comprehensive and flexible benefits, competitive compensation, annual incentives, and a rewards program. To learn more about how we can energize your future, check out our new Employee Experience Booklet.

Become part of our TransAlta team today! We look forward to reviewing your application.

Don't meet every single requirement? Studies have shown that women and people of color are less likely to apply for a job unless they meet every single qualification. At TransAlta, we are dedicated to building an inclusive, diverse workforce where you can show up every day as your true, authentic self. So, if you're excited about this role but your qualifications and experience don't quite tick every box, we encourage you to apply anyways. You might just be the candidate we are looking for.

Apply now!

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