Senior Analyst, Structured Trading (Energy)

Location: Houston, Texas, United States; onsite at 1201 Fannin Street, Suite 500

Company

AES is a global power company focused on renewable energy, electricity generation, and sustainable energy infrastructure.

What you will do

• Analyze ERCOT real-time and cash markets for weather risk, price risk, and trading opportunities.
• Design and develop generator dispatch, merit-order, natural gas, commercial risk, and valuation models.
• Develop and execute trading, hedging, congestion, and capacity strategies across ERCOT, MISO, and other U.S. ISO markets.
• Manage portfolio exposure, collateral, forward curves, contract booking, and risk quantification with trading, ETRM, pricing, and risk teams.
• Support valuation of merchant exposures for M&A and development assets, contract negotiations, and commercial investment decisions.
• Improve model automation, contribute during periods of market stress, and train junior team members.

Requirements

• Bachelor’s degree or foreign equivalent in Engineering, Economics, Finance, or a related quantitative field.
• At least 5 years of commercial analysis experience in the energy industry and power markets.
• At least 1 year of experience with renewable asset revenue streams and operating aspects of power assets.
• At least 3 years supporting power trading, optimization, and/or asset management.
• At least 5 years using quantitative and analytical skills for market and risk modeling.
• Experience setting up a power trading desk across trading, risk, operations, and credit, plus knowledge of renewable asset drivers, analytical tools, and trading systems.

Culture & Benefits

• Work within a global power company operating across 12 countries.
• Environment focused on renewable energy, innovation, integrity, and responsible business practices.
• Opportunity to collaborate with trading, regulatory, fundamentals, pricing, ETRM, and risk management teams.
• Career development through increasing commercial responsibility and training junior colleagues.