Power Trader

Posted:
8/22/2024, 10:39:34 AM

Location(s):
New York, New York, United States ⋅ New York, United States

Experience Level(s):
Junior ⋅ Mid Level ⋅ Senior

Field(s):
Finance & Banking

 

About Us:
Founded more than 15 years ago and headquartered in Chicago, the DV Group of financial services firms has grown to more than 450 people operating throughout North America and in Europe. Since spinning out of a large brokerage firm in 2016, DV Trading has rapidly scaled as an independent proprietary trading firm utilizing its own capital, trading strategies, and risk management methodologies to provide liquidity to worldwide financial markets and hedging opportunities to commodity producers and users. Now, DV group affiliates include two broker dealers, a cryptocurrency market making firm, and a bourgeoning investment adviser.

DV Energy is a rapidly growing division that specializes in trading crude oil, refined products, natural gas, and related energy markets across US, Europe, and Asia. Our proprietary risk management and trading methodologies along with a strong ability to adapt to changing conditions has allowed DV Energy to grow into one of the largest financial participants within the global energy complex.

Responsibilities:

  • Primary owner of P&L in one or multiple areas of power business
  • Build and maintain fundamental and quantitative trading models
  • Work with risk to ensure compliance with agreed upon risk management metrics and sizing
  • Liase side by side with senior energy traders to share best practices / learnings where applicable
  • Learn proprietary methodologies and trading systems that support an established trading business
  • Grow existing trades and P&L while identifying and pursue new opportunities
  • Further responsibilities may be driven by the individual’s interests and specific skills

Requirements:

  • Power trading and/or electrical engineering experience required
  • Self-starter with entrepreneurial spirit
  • Able to learn quickly in a fast paced, high pressure environment
  • Targeted ISO experience and knowledge of fundamental grid
  • Detail oriented, organized, diligent
  • Maintain composure and communicate clearly when under pressure
  • Ability to succeed working as part of a diversified team
  • Strong understanding of math, probability, and statistics
  • High level of proficiency in Excel and VBA; SQL, python, statistical modeling, other programming a plus
  • Advanced aptitude for problem solving and multitasking
  • Proven track record with historical P&L preferred

 

Annual compensation range: $120 – $175K + discretionary bonus eligibility 

DV is not accepting unsolicited resumes from search firms. Only search firms with valid, written agreements with DV should submit resumes in response to DV’s posted positions. All resumes submitted by search firms to DV via e-mail, the Internet, personal delivery, facsimile, or any other method without a valid written agreement shall be deemed the sole property of DV, and no fee will be paid in the event the candidate is hired by DV. DV is proud to be an equal opportunity employer and committed to creating an inclusive environment for all employees.