Power Trader

L5

x4 engineeringDenver, COtoday

$5,000 per day

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-PointShort-Term FTRsCongestion 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.
Apply now
Apply now

Level

SeniorL5

Salary

$5,000 per day

Location

Denver, CO

Occupation

Financial and Investment Analysts

Industry

Portfolio Management and Investment Advice

Posted

today

To get sharper similar jobs, create your profile using the link below.

Create profile