Congestion Trader, East
TransAlta View all jobs
- Calgary, AB
- Permanent
- Full-time
Accept CloseSearch by KeywordSearch by LocationSearch by KeywordSearch by LocationSelect how often (in days) to receive an alert:Create Alert×Select how often (in days) to receive an alert:Apply nowStartPlease wait...Date: Apr 15, 2026Location:Calgary, AB, CACompany: TransAltaJob Type: Full time - SalariedWork Arrangement: Full Time OfficeCongestion Trader, EastWHO WE AREOur Power, Your PossibilitiesAt TransAlta, we don't just generate electricity-we generate opportunity. As one of Canada's largest publicly traded power generators, we've been powering communities for over 100 years across Canada, the U.S., and Australia. Our diverse energy portfolio and passionate team are driving the transition to a cleaner, more sustainable future.We believe in the power of purpose, the strength of collaboration, and the value of continuous learning. If you're ready to make a real impact in a dynamic industry, you bring the energy - we'll provide the platform.ABOUT THE ROLEWe have an exciting opportunity for a Congestion Trader, East to join our East Trading Desk. Reporting to the Supervisor, East Congestion, the Congestion Trader is responsible for defining and transacting proprietary nodal congestion trading strategies (INC/DECs, UTCs, FTRs, and/or TCCs) in the Eastern US markets (PJM, MISO, NYISO, ISONE, and IESO). This role has an annual profit and loss target of $2 million.This role is based out of our Calgary head office. This is a full-time, office-based role.A DAY IN THE LIFE
- Create and execute proprietary nodal congestion trading strategies to deliver on annual budget goals
- Carry out fundamental research and analysis in Eastern Markets
- Collaborate closely with other traders and analysts to share insights and views
- Evaluate the risk profile and expected value of trade opportunities and allocate capital accordingly
- Identify and manage portfolio risk associated with congestion trading
- Maintain a rigorous knowledge of market rules and regulations
- Work with cross-functional teams (Risk, Settlement, and Credit groups) to resolve all trade and financial discrepancies related to congestion trading
- Guide and mentor junior personnel in analytic support and strategy generation
- Strict adherence to TransAlta's Trading Compliance Framework
- University Degree in Commerce, Engineering, Economics, Mathematics, or Computer Science
- Minimum four (4) years of related market and trading experience
- Proven track record of generating P&L from trading congestion products in Eastern ISOs
- Thorough understanding of market rules and power fundamentals in Eastern ISOs
- Strong analytical and quantitative skills
- Demonstrated capacity for sound decision making with incomplete information under time constraints
- Effective communication skills with internal/external stakeholders
- Self-starter with the desire to succeed in a dynamic environment
- Proven ability to excel in a collaborative, team-based environment
- Competitive base salary
- Annual and long-term incentives based on individual and team performance
- Company-matching pension plan
- Flexible health benefits for you and your family
- Generous vacation and personal days
- Learning and development programs
- Employee recognition and rewards
- Annual wellness allowance