Job Description
Press Tab to Move to Skip to Content Link Select how often (in days) to receive an alert: Location: Calgary, AB, CA Company: TransAlta Job Type: Full time - Salaried Work Arrangement: Full Time Office WHO WE ARE “Energizing the Future.” TransAlta owns, operates, and develops a diverse fleet of electrical generation assets in Canada, the United States, and Australia, providing municipalities, industries, and businesses with safe, low-cost, and reliable clean electricity. For over 111 years, TransAlta has been a responsible operator and proud community member where its employees work and live. We are committed to fostering a dynamic, productive, and safe work environment. Our employees contribute to a diverse, open, and transparent culture with clear accountabilities, strong leadership, and challenging opportunities for personal career growth. Our Commitment to Equity, Diversity, and Inclusion It is our collective mission to ensure that every single employee feels a sense of inclusion and belonging and can show up to work as their true authentic self. TransAlta is committed to hiring a diverse workforce including women, Indigenous Peoples, persons with disabilities, members of visible minorities, and members of the LGBTQ2+ community. TransAlta believes that diversity enhances the quality of its performance, is an essential element of effective corporate governance, and cultivates a strong workplace culture. ABOUT THE ROLE TransAlta is currently looking to hire a Trader, reporting directly to the Manager, Trading and Mid-Marketing. This position is core to the East Term desk progress in driving speculative trading ideas and risk. This role will focus on speculative power, gas, and options strategies in cash/term markets through the prompt 18 months. This a full-time salaried position located at our new head office in Downtown Calgary – TransAlta Place (Keynote One). We are willing to consider to relocation services for the right candidate. WHAT YOU WILL DO Maintaining a strategic focus on Eastern Power Markets Achieving an annual profit and loss target of $2-$5 million Managing a Value at Risk (VaR) allocation of up to $1 million Conducting analysis for new business lines and structured transactions Conducting fundamental research and generating trade ideas in power and gas markets Providing backup support for Manager as needed WHAT WE NEED FROM YOU Preferred bachelor’s degree in Engineering, Economics, Finance, or Mathematics Over 5 years of pertinent market and trading experience Profound understanding of Eastern ISO markets, power generation fundamentals, fuels, FTRs/congestion Aptitude for rapid information processing and decision-making Proven capability to articulate strategy, risk assessment, and deal execution to colleagues and leadership Demonstrated efficiency in time management for research, analysis, and continuous professional growth Additional Requirements The successful candidate wil be subject to a background check as a condition of their offer of employment WHAT WE OFFER We offer our employees comprehensive and flexible benefits, competitive compensation, annual incentives, and a rewards program. To learn more about how we can energize your future, check out our new Employee Experience Booklet .Become part of our TransAlta team today! We look forward to reviewing your application. All applications will be reviewed in a timely manner to the best of our abilities. We appreciate your patience and understanding during the recruitment process.