FTR Trader

Associate Vice President - Commodities and Trading at Selby Jennings

Position Overview:

We are seeking a highly skilled and experienced Financial Transmission Rights (FTR) Trader to join our dynamic trading team. The ideal candidate will have a deep understanding of U.S. power markets—specifically PJM, MISO, or ERCOT—and a proven track record of leveraging quantitative models to identify and execute profitable trading strategies. This role offers the opportunity to work in a fast-paced, data-driven environment with significant autonomy and impact.

• Develop and execute FTR trading strategies across PJM, MISO, or ERCOT markets.
• Analyze congestion patterns, market fundamentals, and transmission constraints to identify arbitrage opportunities.
• Build and maintain quantitative models to forecast price spreads and optimize portfolio performance.
• Monitor market developments, regulatory changes, and ISO filings to assess trading implications.
• Collaborate with risk, analytics, and operations teams to ensure accurate position management and reporting.
• Continuously refine trading strategies based on performance metrics and market feedback.
• Familiarity with power flow modeling tools (e.g., Power World, PSSE).
• Experience working with large datasets and machine learning techniques.

• Minimum 5 years of experience in FTR trading or related power market roles.
• Strong quantitative and analytical skills; proficiency in Python, R, SQL, or similar tools.
• Deep understanding of ISO market rules, transmission topology, and congestion drivers.
• Proven ability to manage risk and generate consistent PnL.
• Excellent communication and collaboration skills.
• Bachelor's or Master's degree in a quantitative field (e.g., Engineering, Mathematics, Economics, Finance).

Seniority Level: Mid-Senior level

Employment Type:

Full-time

Job Function:
Finance