Power Trader

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

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

Qualifications

To apply, please provide:

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

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:

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

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.