Congestion Trading Lead - SPP
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A Boston-based power trading firm is looking to hire a Head of SPP Trading to build and own its presence in the Southwest Power Pool. The firm has already built desks in other ISOs from a single seat, and SPP is next. It is a founder-run business, and this role reports straight to the head.
What you’ll do:
- Build the firm’s SPP book from one seat, trading TCRs, virtuals or both.
- Own the market end to end: strategy, risk and the fundamental view behind every position.
- Run a fundamentals-led approach to congestion, grounded in power flow, transmission constraints and market structure.
- Report directly to the founder, with no committee between your PnL and your payout.
- Shape how the SPP desk grows as it proves out.
Your profile:
- 5+ years’ trading experience in US power congestion markets, with at least 2-3 of those years in SPP.
- A fundamentals-led approach to TCRs, virtuals or both.
- A PnL track record you can evidence.
- The appetite to build a desk from a single seat.
- MISO experience alongside SPP is a strong plus, as is a history of hiring or managing traders.
Why this role:
Most moves offer a seat on someone else’s desk. This one offers SPP itself, at a firm that has built desks in other ISOs the same way. Pay is a base plus a straight split of your PnL, and sign-on and deferral buyouts are open to discussion. If you want your name on a whole market, this is designed for exactly that.
Pre-Application:
- This is a full-time role based in Boston with the rest of the team.
- Visa sponsorship is available.
- Please ensure you meet the required experience criteria prior to applying.
- Allow 1-5 working days for a response to any job enquiry.
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