Trader

Posted 3 days ago and deadline of application is on 30 May Recruiter was hiring 2 days ago Posted 3 days ago and deadline of application is on 30 May Recruiter was hiring 2 days ago 2024-04-04T07:25:01.270617+00:00 2024-05-30T16:00:00+00:00

Job Description

• The Trader is responsible in for bidding the electricity output of Aboitiz Powers Generation Assets in the Wholesale Electricity Spot Market (WESM) and or directly to the Customer recipients on an hourly, day ahead, week ahead, and real time basis with concurrence to the overall strategy approved by Trading Manager, VP for Trading, and FVP for ETS.
• Analyzes required data such as coal inventory and variable costs, including constraints in plant operations to be used to design in a bidding strategy to ensure optimization of revenue
• Creates and submits real-time and a day-ahead offers to WESM (Luzon & Visayas and IMEM (Mindanao) after taking into considerations the data requirements including plant capability
• Conceptualizes and develops plant dispatch models to determine dispatch schedules and energy prices and implements such for the day-ahead price and volume offers into the WESM
• Ensures smooth coordination with the Systems Operations, Market Operations, and Plant Operations personnel to achieve efficiency in the trading operations

Monitors, analyzes, and coordinates the status of WESM energy market, including competitor’s offering pattern and strategy to come up with and implement competitive market offers within the pre-arranged parameters; beyond the parameters, recommends pricing offers for approval by Trading Manager

Minimum Qualifications

• Strong analytical and planning skills;
• Good communication and presentation skills;
• Excellent problem-solving skills;
• Knowledge of WESM and client business processes
• Analytical skills in terms of competitive market behavior for bidding purposes
• Knowledge of market data and competitive offers in the market for competitive bidding
• At lest 2 years experience in the Power Industry preferably in Electricity Trading
• Bachelors Degree in Engineering, Mathematics, Statistics, Economics, Finance or any 4 year business course

Perks and Benefits

• Work from Home
• Medical / Health Insurance
• Performance Bonus
• Paid Bereavement/Family Leave
• Paid Holidays
• Maternity & Paternity Leave
• Medical, Prescription, Dental, or Vision Plans

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About AboitizPower

Aboitiz Power Corporation (AboitizPower, AP) is a leader in the Philippine Electric Power Industry with a portfolio of assets located across the country.At AboitizPower, we transform energy for a better world.When you work at AboitizPower, you become part of an organization that is passionate and committed to advancing business and communities by providing reliable, reasonable, and responsible power to all.AboitizPower is an equal opportunity employer. We believe that a diverse and inclusive workforce is crucial to our purpose of driving change for a better world. We consider and encourage all applicants without discriminating against age, sexual orientation and/or gender identity, disability, political opinion, religion, nationality, marital or parental status (including pregnancy), ethnicity or other status protected by law. Our equal opportunity and non-discrimination policy applies in all aspects of employment, including recruitment, hiring, regularization, promotions, transfers, discipline, termination, benefits and training.We urge everyone to be vigilant against scams that involve fraudulent offers of employment with Aboitiz Power Corporation. AboitizPower will never ask or solicit any form of payment at any point during the job application process. AboitizPower only uses its official pages and links to communicate open roles and its recruitment. To ensure your security, please correspond and refer to the official channels only. Our official channels are:1. Aboitiz Power Corporation Website: Careers Website: LinkedIn: #J-18808-Ljbffr