Managing Director - Power Trading

Our client’s Commodities group is seeking a Managing Director, Power Trading & Origination to build its power trading desk.The individual will be responsible for managing the operational build-out of a financially settled and physically settled power desk, with an initial geographic focus on US markets (including PJM, ERCOT, MISO, CAISO, NYISO, ISO-NE, and SPP). As products are launched, the individual will also be responsible for hiring a team for the sales and trading activities of the power desk. The position will require close coordination with our quant, legal, tech, credit, market risk, and compliance partners to successfully launch products associated with power trading, complementing its existing financial and physical trading desks for energy, metals, and softs.In this role, you will:Identify the origination, modeling, portfolio management and all risk management including compliance and operational risk.Lead the strategy and resolution of highly complex initiatives that require an in-depth evaluation.Complete work in accordance with all risk management, compliance and business process expectations.Provide vision, direction and expertise to more experienced leadership on implementing innovative and significant business solutions.Make decisions requiring solid understanding of policies, procedures and compliance requirements.Conduct due diligence and portfolio administration as necessary and provide research on relevant industry trends.Collaborate and consult with peers, colleagues and mid-level to more experienced managers to resolve issues and achieve goals.Lead projects, teams or serve as a peer mentor.Required Qualifications:10+ years of power trading, origination, and/or operations experience or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, educationDesired Qualifications:Knowledge and understanding of business development: business vision, strategies, and goalsExperience with trading physical commodities within the financial services industryA master's degree or higher in accounting, finance, or economicsStrong, clear and concise written and oral communication skillsStrong financial background in capital marketsExperience building partnerships and consulting effectively with leadershipAbility to make timely and independent judgment decisions while working in a fast-paced and results-driven environment
#J-18808-Ljbffr