Energy Trader (Power) (Level Doe)

POSITION PURPOSE

This is an exciting opportunity to be at the heart of a fast‑moving, high‑impact trading environment!

Based onsite at our Headquarters in Bismarck, ND, the Energy Trader plays a critical role in driving portfolio performance across power, natural gas, diesel, and tar oil markets.This role executes both physical and financial trades, actively managing short‑term and long‑term positions while developing smart, forward‑thinking hedging strategies that protect value and unlock opportunity. With a strong pulse on market dynamics, the Power Trader provides insight and guidance on evolving market conditions and helps shape strategic decisions that optimize the overall portfolio.Beyond trading, this position is a chance to lead and influence. More experienced traders will mentor and develop less experienced team members, contribute to strategic planning, and help elevate trading best practices across the organization.

All levels of experience are encouraged to apply, with responsibilities and scope aligned to expertise. If you thrive in a collaborative, high‑energy environment where strategy, analytics, and execution come together—and you enjoy staying ahead of markets while ensuring full compliance with FERC, NERC, NAESB, and RTO requirements—this role offers a dynamic and rewarding opportunity to grow and make a measurable impact. 

ESSENTIAL DUTIES

• Manage portfolios with significant annual value by executing short-term and long-term physical trading across multiple market areas, while ensuring appropriate scheduling of energy commodities.


• Responsible for the development of short-term and long-term physical energy, natural gas, and transmission positions. 


• Responsible for the implementation of short-term optimization of resources, ancillary services, and imbalance.


• Negotiate and implement innovative plans for the acquisition or sale of power, natural gas, and transmission


• Implement short-term and long-term plans to optimize the operations and positions.


• Monitor and understand with the power and natural gas industries regarding production, transmission, economics, and regulatory requirements.


• Responsible for BEPC and DGC physical hedging activities, and coordinates, implements, and administers these hedging activities pursuant to the Cooperative’s risk management criteria.


• Develop and maintain relationships with counterparties, control area operations, pipelines and all divisions within Basin Electric Power Cooperative and Subsidiaries.


• Understand market trends, pricing structures, supply-demand dynamics, regulatory developments, and key risk factors, such as transmission constraints, generation outages, and competitive pressures, to guide trading and origination strategies. 


• Collaborate with risk and quantitative teams to proactively monitor and mitigate financial, operational, and market risks, ensuring compliance with risk limits.


• Deliver updates to senior leadership on market developments, risk exposures, and key performance indicators. 


• Collaborate closely with quantitative analytics and operations teams to support commercial initiatives and ensure smooth execution of trading and origination activities.


• Perform other duties as assigned. 

MINIMUM QUALIFICATIONS

• Bachelor’s degree in business, finance, economics, energy management or related discipline and 3 years of physical trading or related energy market experience; or


• A related associate’s degree and 5 years of physical trading or related energy market experience; or


• A high school diploma or equivalent (GED or HSED) and 7 years of physical trading or related energy market experience.


• Travel up to 10% of the time.

PREFERRED QUALIFICATIONS

• High-level understanding of the electrical power supply industry and/or natural gas industry, generation operations, marketing, trading, and power and/or natural gas scheduling.


• High-level knowledge of the power and natural gas markets.


• Proven success developing or executing trading strategies across multiple market areas.


• Experience representing the organization in external market or regulatory forums.

PHYSICAL AND ENVIRONMENTAL DEMANDS

This position requires the ability to remain in a stationary position and to move about the office building, occasionally reaching below and above shoulder level, constant use of a keyboard/computer and other office productivity machinery, bending, kneeling, lifting/carrying up to 10 pounds, and pushing/pulling up to 20 pounds. It also requires finger dexterity and hand coordination. 

KEY SKILLS

• Strong communication and collaboration skills.


• Excellent organizational skills, attention to detail and accuracy in data entry and analysis.


• Strong analytical and problem-solving skills.


• Proficient with Energy Trading systems and Microsoft Office Suite.