Congestion Trading Director_TRPC1N
Posted 9 days ago
engie north americaHouston (TX)
Marketing ManagersInvestment Banking and Securities Intermediation
SENIORITY
Manager
SALARY
$176,900 - $271,170
About the role
HOUSTON, United States, 77056
Congestion Trading Director (TRPC1N)
ENGIE ENERGY MARKETING NA, INC.
Position Type: Permanent, Full-Time
Location: Houston, TX 77056
What You Can Expect
The Power Congestion Director will lead ENGIE Energy Marketing North America’s power congestion trading activities, with responsibility for strategy, market‑making, risk management, and performance optimization across ISO/RTO congestion markets (with a primary focus on PJM and other relevant ISOs). This role combines senior trading leadership with hands‑on deployment of fundamental, nodal‑based strategies, ensuring alignment with ENGIE’s trading best practices, risk governance, and zero‑carbon objectives.
Position sits in Houston and reports to VP Trading Gas and Power.
Trading & Market Leadership
Serve as the senior market‑maker and subject‑matter expert for power congestion markets, providing liquidity, insight, and market access to internal and external stakeholders.
Lead the development, deployment, and optimization of nodal trading strategies using ISO congestion products across relevant time horizons.
Manage congestion trading risk within approved limits, ensuring disciplined risk management and compliance with ENGIE policies.
Communicate trading decisions, drivers, and performance clearly and timely to senior stakeholders.
Strategy, Analytics & Optimization
Develop and oversee a systematic, fundamentals‑based analytics framework for congestion trading.
Identify and execute optimization opportunities across congestion portfolios, asset‑related positions, and virtual markets.
Provide forward‑looking market insights, scenario analyses, and performance benchmarking to support strategic decision‑making.
Act as the central internal resource on ISO market rules, pricing dynamics, and network topology.
Cross‑Functional Collaboration
Partner closely with Power, Origination, Asset Management, and Structuring teams to support asset‑backed strategies and deal flows.
Support asset managers with ISO fundamental views and congestion analyses.
Participate in ISO/RTO meetings and assess commercial, regulatory, and operational impacts for the broader organization.
Work collaboratively with back‑office, credit, legal, and risk teams to ensure efficient, compliant execution and settlement.
Governance & Compliance
Ensure all trading activity is conducted in compliance with ISO/RTO protocols, regulatory requirements, and internal controls.
Provide insights on regulatory and market structure changes impacting congestion products.
Maintain transparent documentation and audit‑ready communication of strategies, risks, and outcomes.
What You’ll Bring
Bachelor’s degree in finance, economics, engineering, mathematics, or a related quantitative discipline.
Minimum of 10 years of progressive experience in power trading, including significant experience in congestion or nodal‑based trading within PJM and/or other ISOs.
Deep understanding of power market fundamentals, transmission congestion, and network topology.
Proven ability to manage risk and deliver consistent performance in volatile market environments.
Strong analytical, problem‑solving, and strategic thinking capabilities.
Excellent communication skills with the ability to articulate complex analyses to senior stakeholders.
Prior leadership or mentorship experience within a trading or analytics desk.
Experience developing or enhancing systematic trading or analytics frameworks.
Familiarity with PLEXOS, Dayzer, or similar power market optimization tools.
Proficiency in Excel and ETRM systems.
Ability to work autonomously while operating effectively in a matrixed organization.
Comfort managing multiple priorities with a high degree of accuracy and limited oversight.
Willingness to engage in constructive dialogue and debate to drive better commercial outcomes.
Additional Details
This role is eligible for our hybrid work policy: 4 days in the office per week.
Must be willing and able to comply with all ENGIE ethics and safety policies.
Compensation
Salary Range: $176,900 - $271,170 USD annually.
Additional benefits include medical, dental, vision, life insurance, short‑term and long‑term disability, ESPP, paid time off, holidays, leave programs, 401(k) with company match, and supplemental family benefits.
Eligibility & Diversity Statement
ENGIE is an equal‑opportunity workplace and is committed to creating an inclusive environment for all employees. All qualified applicants will receive consideration for employment without regard to race, color, sex, sexual orientation, gender identity, religion, national origin, disability, veteran status, or other legally protected status.
If you have a disability that requires reasonable accommodation during the application or interview process, please contact ENGIE at ENGIENA-ENGIEHR@engie.com. This email address is reserved for individuals with disabilities seeking assistance and is not a means of inquiry regarding positions or application status.
ENGIE will not sponsor or take over sponsorship of an employment visa for this role at any time.
The safety of our employees is our number one priority. All employees have the authority to stop work if unsafe acts are observed.
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