Vice President, East Power Option Trader job in Houston, TX| Recruit Arrow
Recruit Arrow
Email Password
Forgot your password?
Welcome, Guest! New User?
Tell a Friend
Success Stories
From my very first contact with Recruit Arrow, through the application process, interviews, and my acceptance of the position, this service was an invaluable asset. My recruiter gave me insight into the company by sharing her own experiences and views.

Job Search


 job title, keywords


 city, state, zip


Your Window to a World of Opportunities

Welcome to Recruit Arrow's Job Center. We offer you the ability to stay current in numerous specialized job markets, including marketing, advertising, and engineering just to name a few, by subscribing to our Newsletter and Real-Time Job Updates; to subscribe click here.

If you do not yet have an account with Recruit Arrow, we encourage you to sign up for a new account by submitting your resume. An account will allow you to make our search consultants aware of the jobs that you are interested in, view new jobs that match your search settings, modify your search settings, submit a new resume, and take advantage of other useful features.

We are pleased that your assessment of options has led you to Recruit Arrow, and we invite you to browse our website to learn more about our firm and the career opportunities we offer. If you would like to be considered for an professional position, feel free to submit your resume.

Select from the options below to begin your search.

(hold down ctrl to choose multiple locations)
City Name:

Primary Field:

Minimum Years of Experience:


1 matches | 1 - 1 displayed 

Vice President, East Power Option Trader
Location : Texas, Houston
Refer job # TFQK339312
Job Responsibilities and Requirements: Duties: Perform simulation and analysis for long term eastern US power markets (5- 15 years out); produce historical profit and loss performance and stress scenarios. Statistical and Financial Modeling and analysis using Python & R, and historical analysis to optimize desk portfolio. Conduct key parameter estimation (volatility and correlation) for structured option transactions. Market make and price electricity products (financial swaps, physical power, power swaptions) for clients in eastern US power markets; capture positive margin in the course of market-making. Provide power fundamentals and analytics for eastern US power and gas market, including development of trade ideas, research and modeling. Develop and maintain intraday pricing tools and manage risks for power option desk, improve risk monitoring and sensitivity testing using Excel and Access VBA. Monitor variables that influence pricing (e.g. weather, electricity flows, fuel prices, transmission, and generation maintenance). Develop and implement fundamental and statistical software models to forecast power prices, transmission congestion and electric demand. Develop and maintain natural gas and power trading tools to analyze current market price/spreads/volatility in relation to historical data. Develop volatility term structure models. Provide pricing and develop hedging strategy for structured products ranging from Heat Rate Options, Revenue Put Options and Asian Options. Create Profit and Loss attribution analysis to evaluate daily trading performance, build Delta and Greeks risk management platform for accurate risk reporting and hedging. Use Volatility estimation, calibration models and other quantitative models to assist in power options and structured products. Build statistical models to analyze volatility and correlations for the options desk. Use SQL Server and Oracle Database Management. Requirements: Requires a Bachelor s degree in Finance or related field and 2 years of experience as an Electricity Options Analyst or related position involving Option Pricing, hedging, and market making for clients in electricity options. 2 years of experience must include: Statistical and Financial Modeling and Analysis using Python & R; Microsoft Excel/Access Visual Basic Application Modeling for Pricing tool development, report construction, building risk management platform, and task automation; SQL Server and Oracle Database Management; Electricity market analysis; Profit and Loss Analysis, Stress scenario case analysis.
[Apply Now] [Email to a Colleague] [Permalink]

This particular job is currently not active. However, since our clients regularly share with us similar and other job openings, we strongly recommend that you submit your resume. We shall review your resume and get in touch with you as soon as a suitable vacancy comes up to further discuss your interest in exploring the opportunity.Assisting you is our highest priority.

Please be assured that none of your materials will be forwarded to any employer without your consent. Of course, all inquiries are kept strictly confidential.

1 matches | 1 - 1 displayed 
Newsletter and Job Updates