[Hiring] NYISO Virtual Power Trader @Blue Signal Search

Role Description

Our client, an established and growing participant in the wholesale energy markets, is seeking a results-driven NYISO Virtual Power Trader to capitalize on evolving market dynamics and expand its trading capabilities. This opportunity is designed for an accomplished trader who thrives on autonomy, understands how to convert market inefficiencies into profitable positions, and wants a direct connection between individual performance and financial rewards. With a flexible remote structure, attractive profit-sharing opportunities, and an environment that supports independent decision-making, this role offers the freedom and resources to build on an established trading track record.

Focus

• Create and implement proprietary virtual electricity trading approaches within NYISO, targeting opportunities between day-ahead and real-time market settlements.
• Evaluate locational price behavior, congestion dynamics, and market fundamentals to identify attractive risk-adjusted trading opportunities.
• Take ownership of trading decisions, including position sizing, capital deployment, exposure management, and financial outcomes.
• Apply quantitative analysis and forward-looking market intelligence to strengthen trade selection and execution.
• Assess the impact of changing load patterns, generation availability, weather conditions, and transmission limitations on electricity pricing.
• Continuously improve trading methodologies through performance analysis, modeling enhancements, and disciplined strategy adjustments.
• Maintain appropriate risk controls while balancing profitability objectives, credit availability, and portfolio concentration.
• Exchange market insights with experienced trading professionals while retaining accountability for individual strategies.

Qualifications

• Established experience trading wholesale electricity products, ideally including direct participation in NYISO virtual transactions.
• Verifiable record of profitable trading results, supported by historical P&L documentation and measurable performance.
• Advanced understanding of day-ahead and real-time market structures, locational marginal pricing (LMP), congestion, and settlement price differences.
• Demonstrated ability to originate, execute, and refine trading strategies with minimal supervision.
• Strong quantitative reasoning, statistical analysis, market forecasting, and financial risk assessment skills.
• Working knowledge of trading capital allocation, credit consumption, position limits, and portfolio-level exposure.
• Proficiency with analytical and modeling tools, with Excel, Python, or SQL experience considered advantageous.
• Sound commercial judgment, disciplined decision-making, and the ability to perform effectively in rapidly changing market conditions.

Benefits

• Competitive base salary, with flexibility for highly accomplished traders.
• Performance-driven profit sharing generally ranging from 20% to 30%, depending on the compensation structure.
• Opportunity for accelerated incentive payouts tied to trading profitability milestones.
• Fully remote work arrangement with the flexibility to manage trading activities from anywhere in the United States.
• Cost-efficient trading infrastructure designed to support stronger individual earnings potential.
• Comprehensive medical, dental, and vision coverage, generous paid time off, and retirement plan access.