ERCOT Power Optimizer

Entity: Supply, Trading & Shipping Job Family Group: Supply & Trading Group Job Description: About us Our purpose is to bring together people, energy and markets to power and navigate a changing world. In a time of constant change and possibility we need new talent to pursue commercial opportunities, fueled by world-class insight and expertise. We’re always striving for more innovative digital solutions, sustainable outcomes and closer collaboration across our company and beyond, and you could be part of that too. Together we continue to grow as the world’s leading energy company About the role This role will primarily be tasked with optimization of the structured risk portfolio in the ERCOT market. This role will be responsible for working with the senior trader on intra-month portfolio optimization and working with the operations team to facilitate balancing activities. The optimizer will assist and coordinate the development of fundamental modeling capabilities and views. Teamwork, attention to detail and creative thinking are critical for the role. The candidate should have at least three years of experience in ERCOT power markets. Key Accountabilities Execute portfolio optimization strategies within assigned limits. Simulate returns of various strategies. Identify trading opportunities with asymmetric risk/return profiles. Comply with all market, exchange, and BP code of conduct / rules. Essential Education and Qualifications Bachelor’s degree required Essential Experience and Attributes Excellent integrity and character. Strong analytical skills, commercial mindset, and attention to detail. Demonstrated knowledge of regulatory environment and processes. Deep knowledge of the ERCOT power market and associated fuels markets. Previous experience trading in the ERCOT power markets Self-starter, independent thinker, strong communication skills, and team oriented. Why join bp At BP, we support our people to learn and grow in a diverse and challenging environment. We believe that our team is strengthened by diversity. We are committed to fostering an inclusive environment in which everyone is respected and treated fairly. There are many aspects of our employees’ lives that are meaningful, so we offer benefits to enable your work to fit with your life. These benefits can include flexible working options, a generous paid parental leave policy, and excellent retirement benefits, among others Travel Requirement Negligible travel should be expected with this role Relocation Assistance: This role is not eligible for relocation Remote Type: This position is a hybrid of office/remote working Skills: Agility core practices, Agility core practices, Agility tools, Analytical Thinking, Authenticity, Communication, Conflict Management, Creativity and Innovation, Decision Making, Digital Automation, Digital Collaboration, Digital Communication, Digital fluency, Digital Visualization, Diversity, equity and inclusion, Exposure Management, Group Problem Solving, Influencing, Listening, Market Knowledge, Negotiating value, Negotiation planning and preparation, Presenting, Statistics, Strategic Thinking { 5 more} Legal Disclaimer: We are an equal opportunity employer and value diversity at our company. We do not discriminate on the basis of race, religion, color, national origin, sex, gender, gender expression, sexual orientation, age, marital status, socioeconomic status, neurodiversity/neurocognitive functioning, veteran status or disability status. Individuals with an accessibility need may request an adjustment/accommodation related to bp’s recruiting process (e.g., accessing the job application, completing required assessments, participating in telephone screenings or interviews, etc.). If you would like to request an adjustment/accommodation related to the recruitment process, please contact us . If you are selected for a position and depending upon your role, your employment may be contingent upon adherence to local policy. This may include pre-placement drug screening, medical review of physical fitness for the role, and background checks. Apply Job!