Skip to content

Open nowPosted 24 days ago

Senior PJM FTR Trader

Workable (global search)108,016 open roles

Where
Houston, Texas, United States
Work mode
Remote
Get the CV for this job

From $25 per CV, paid once. No subscription.

Your applicationOpen nowSenior PJM FTR TraderWorkable (global search) · Houston, Texas, United States
  1. YouYes, apply to this one.

  2. CV RocketCV written for this posting.

  3. 25 readersRecruiter, hiring manager, skeptic. Round after round.

  4. CV RocketApplied on Workable (global search)'s own form.

The reply lands in your private mailbox

3×more interviews than doing it yourself with ChatGPT.

The clock on this job

Early applications get read.

7.9% of postings close within 7 days. Measured by our own scanner across the market. Workable (global search) postings stay open a median of 7 days.

Share of postings closed within
  1. 1.6%1 day
  2. 3.6%3 days
  3. 7.9%7 days
  4. 14.9%14 days
  5. 34.0%30 days
This job: posted 24 days ago

Workable (global search) median: 7 days open

The posting

About Active Power Investments

Active Power Investments LLC is a market participant in the North American wholesale power markets. We engage in virtual transactions (VTs), participate in Financial Transmission Rights (FTRs) / Congestion Revenue Rights (CRRs) auctions, and engage in related energy trading in electric power and natural gas futures and exchange-traded derivatives. We offer exposure to these unique investment opportunities, which provide an exceptional combination of returns and portfolio diversification.

Our team develops and executes strategies across:

  • Independent System Operator (ISO) markets, such as CAISO, ERCOT, MISO, NYISO, PJM, and SPP.
  • Exchanges, such as ICE and CME, which offer related energy and commodities products.

Role Summary

We operate in markets where disciplined analysis, strong judgment, and rigorous risk management matter. We're adding a senior trader who can translate market insight into durable, risk-adjusted trading performance — with real ownership of a proprietary, PJM-focused FTR book and the latitude to define strategy, drive position sizing, and manage risk with a high degree of autonomy.

This seat suits someone who combines commercial instinct with quantitative rigour, and who wants to shape both the trading approach and the analytical toolkit behind it — we're flexible on the specific tools and platforms you use. We're hiring for a proven ability to generate risk-adjusted PnL in PJM's FTR/CRR markets, not for years of tenure alone.

This role is 100% remote, giving you the flexibility to run the book from wherever you work best.

Key Responsibilities

  • Develop, execute, and manage a PJM FTR/CRR portfolio across long-term, annual, and monthly auctions, including position sizing, hedging, and rebalancing.
  • Model transmission congestion, outage schedules, and grid topology to identify and price trading opportunities across the network.
  • Own risk management for the book: position limits, scenario/stress testing, mark-to-model vs. realized PnL reconciliation, and detailed PnL attribution.
  • Select and maintain the analytical stack (data, modelling, and execution tools) needed to run the book effectively — firm is flexible on toolset.
  • Where relevant, extend the strategy into adjacent PJM products (virtuals, up-to-congestion, day-ahead/real-time spread trades) opportunistically.
  • Report position, risk, and performance to firm leadership on a regular cadence.

Requirements

  • Senior-level experience operating autonomously with full ownership of risk.
  • Proven experience owning a PJM FTR/CRR book across long-term, annual, and monthly auction cycles, with a demonstrated strong PnL track record and verifiable results.
  • Deep working knowledge of PJM market rules, auction mechanics, and transmission and congestion dynamics.
  • Strong quantitative and analytical skills, including the ability to build and validate models.
  • Experience reporting positions, risk, and performance to firm leadership.

Preferred Qualifications

  • Bachelor's degree in a quantitative field (finance, economics, engineering, math, or physics) — valued, but not required; a strong, verifiable trading track record is of greatest importance
  • Experience trading FTRs/CRRs or congestion products in other ISOs (MISO, ERCOT, SPP, NYISO).
  • Track record in adjacent PJM products — virtuals, up-to-congestion, or spread trading.
  • Programming/data skills (Python, R, SQL) for independent research and backtesting.
  • Prior experience mentoring junior traders or analysts.

Benefits

  • Total compensation for this seat combines a base salary with a profit-sharing component tied to book performance and is structured to scale with experience and track record.
From $25, paid onceGet the CV for this job

What happens when you press

One press. We do the rest.

  1. A CV for this posting

    Written against Workable (global search)'s own wording, from every piece of relevant proof in your profile.

  2. 25 readers review it

    Recruiter, hiring manager, skeptic and more read every draft, round after round. You get the best round.

    The review screen in CV Rocket: how each CV was read, round by round.
  3. We apply on Workable (global search)'s form

    Our application engine gets through the hardest forms there are. Where a question needs you, AI suggests the best answer. Don't want us applying from our IP addresses? Use our Chrome extension: we apply straight from your own browser.

    An application in CV Rocket: every answer filled in on the employer's form.
  4. Every reply, sorted

    Workable (global search)'s answer lands in your private mailbox, and we classify it on arrival: interview, question, rejection.

    The CV Rocket inbox: each employer reply classified as an interview, an action or a rejection.
  5. Reply with AI

    AI helps you write the email, checks it and sends it. We show you whether the recruiter read it.

  6. The interview in your calendar

    Full integration with your calendar. The invitation goes straight in.

    An interview invitation in the CV Rocket inbox, added to the candidate's calendar.
Get the CV for this job

From $25 per CV, paid once. No subscription.

Why it works

3×

more interviews than doing it yourself with ChatGPT.

ChatGPT writes a CV and never learns what happened to it. We see every reply. For each CV we know:

  • How it was written, and how the review scored it
  • When we applied, and how long after the posting went up
  • Which posting, which company, which city
  • Who got the interview, and who heard nothing

That is how we know which CVs get called.

Get the CV for this job

From $25 per CV, paid once. No subscription.

The numbers game

More applications. More interviews.

Every application goes out with its own CV, written for that posting and paid once. Send enough of them and the law of large numbers finds you the job.

By hand5–10
With CV Rocket100
applications a day

Nearby

Live postings like this one

Same employer first, then the same role elsewhere.

Before you press

Straight answers

Get the CV for this job

From $25 per CV, paid once. No subscription.

What if my background isn't good enough?

We make the most of the background you have. The CV uses every piece of relevant proof your profile holds, and one of the 25 readers reads your whole profile and flags what the CV left out.

Do you really apply for me?

Yes, on the employer's own form, the hardest ones included. Where a question needs you, you answer it right there and AI suggests the best answer. Don't want us applying from our IP addresses? Use our Chrome extension: we apply straight from your own browser.

Is it a subscription?

No. You pay once per CV, from $25. Every application goes out with its own CV, written for that posting.

One job. One CV.
Paid once.

Pick the posting you want. We write for it, apply for you and catch the reply.

Get the CV for this job

From $25 per CV, paid once. No subscription.