Sr. Manager

Head of Power Trading OperationsArea ResponsibilitiesStrategy & Business - Develop and implement long-term and short-term trading strategies focused on maximizing profits from renewable assets on IEX.- Set up business processes, systems, and team structure for the trading division.- Oversee market entry, membership, and regulatory requirements for trading on exchanges.Leadership & People - Lead, mentor, and set performance standards for the Power Trading team.- Foster a results-driven, compliant, and collaborative culture.- Represent the company externally at regulatory bodies, exchange meetings, and industry forums.Trading & Risk Mgmt - Supervise risk management frameworks; ensure robust price forecasting and risk mitigation.- Approve large positions, hedging strategies, and new product launches.- Lead negotiations and decision-making for significant proprietary trades and back-to-back contracts.Regulatory & Compliance - Ensure full compliance with CERC, IEX, and other regulatory bodies’ rules and requirements.- Oversee all regulatory filings and documentation.Stakeholder Mgmt - Liaise with internal teams (finance, investments, PPA, asset ops) and external partners (utilities, regulators, customers).- Identify and onboard new market opportunities (e.g., GTAM, REC trades).Innovation & Growth - Guide research and implementation for new business models—e.g., contract-for-difference (CfD), virtual PPAs, market-linked products.Qualifications:12–15 years’ experience in energy/power trading, with at least 5 in a leadership or strategic role.Key Skills:Strong leadership, commercial acumen, regulatory knowledge, analytical, and communication skills. Senior ManagerArea ResponsibilitiesTrading Operations - Develop and execute power trading strategies for DAM/RTM/GTAM on IEX.- Structure, price, and execute spot and term deals.- Prepare regular, actionable market analysis and trading reports for management.Market Analysis - Monitor and analyze market trends (price movements, weather, regulatory events).- Provide actionable insights and propose trading adjustments.- Support market forecasting and portfolio management.Risk Management - Suggest and implement approved hedging/risk mitigation strategies.- Ensure trades are executed within risk limits and compliance standards.- Maintain discipline in approvals/escalations for complex trades.Business Dev. - Identify new trading opportunities (open access, third-party sales, REC/ESCerts).- Handle key client relationships and support business development activities.Compliance & Process - Coordinate regulatory and reporting compliance tasks.- Maintain accurate trading documentation and ensure audit-readiness.- Suggest and implement process improvements.Team Support - Mentor and guide manager(s) and analysts.- Back up the Head as needed; support training and operational continuity.Qualifications:Relevant certifications preferred.7–10 years’ experience in Indian power trading, with hands-on experience in exchange/renewables.Key Skills:Excellent quantitative, analytical, and market-monitoring skills.Regulatory awareness; MS Excel and trading platforms proficiency; client-facing abilities. ManagerArea ResponsibilitiesTrading Execution - Place bids and execute trades (DAM, RTM, TAM, GTAM) on IEX in alignment with strategy.Scheduling & Settlement - Coordinate with SLDC, RLDC, and asset teams to ensure accurate scheduling, delivery, and settlement.Data & Reporting - Maintain trade logs, update positions, and report trades to seniors.- Monitor portfolio positions and deviations.Market and Regulatory - Track regulatory changes; flag non-compliance risks; maintain up-to-date process checklists.Communication - Liaise between internal asset ops, finance, and trading/ risk teams.Support & Admin - Support team in documentation, contract execution, and audit preparation.- Assist in market surveys & analytics.Qualifications:2–5 years’ experience in power/energy trading or scheduling.Key Skills:Fast learning, good with systems and numbers, disciplined, detail-oriented.Familiarity with IEX trading, energy scheduling, and Excel.

Department: Power Trading - Business Development
Experience: 10+
Posted: 2025-10-18T05:58:58.13Z