Senior Trader-Ontario & NYISO

A little about Capital Power

Capital Power (TSX: CPX) is dedicated to Powering Change by Changing Power. This north star guides our ambitions, focus, and actions as we transform our energy system. We're a growth-oriented North American energy company headquartered in Edmonton, Alberta. Our team safely delivers, builds, and creates balanced energy solutions for customers across North America.

Our people are at the core of our journey to deliver reliable, affordable, and lower-carbon power solutions. We provide purpose-driven work in a safe and inclusive environment, and we live by our North Star. With us, your contributions matter – we want you to be empowered to innovate, collaborate, and ultimately drive results. We're here to partner with you so you can learn, grow, and forge a career that's meaningful to you. Join us in powering North America!

Your Opportunity

One Permanent Full Time Position.   

The Senior Energy Trader (Ontario & NYISO) is responsible for managing the commodity exposure and commercial performance of the Ontario generation fleet.

Reporting to the Desk Head, Supply & Trading, this role sits at the intersection of generation operations, fuel procurement, gas storage and transport optimization, battery dispatch and complex contractual structures. It also includes speculative trading aligned with physical flows and financial products across the Northeastern power markets.

The ideal candidate is highly commercial, analytically strong, and comfortable navigating complex power and gas contracts while coordinating across trading, operations, risk, and counterparties.

Key Responsibilities

• Manage and optimize commodity exposure (power, gas, transport, storage) for Ontario thermal and battery assets.

• Develop and execute dispatch and fuel optimization strategies aligned with contractual obligations and market conditions.

• Oversee natural gas procurement, storage utilization, and transport strategy to support reliable and economic fleet operation.

• Act as a key interface between Supply & Trading, asset operations, the Risk, Credit, and Commercial Teams, and external counterparties.

• Manage Northeastern speculative trading, including physical flows, cash trading and transmissions rights.

• Provide commercial insight, scenario analysis, and recommendations to senior trading leadership.

Education:

• Minimum bachelor’s degree specializing in Statistics, Mathematics, Finance, Economics, Engineering or related field

• Preference towards graduate degrees, CFA, FRM or other technical designation holders 

Experience: 

• 8+ years of front‑office experience in power and/or natural gas trading or asset‑backed portfolio optimization, with direct accountability for commercial performance and P&L.

• Proven experience managing generation fleet commodity exposure, including dispatch, fuel procurement, gas transportation and storage, and basis risk across IESO, NYISO, and interconnected gas markets.

• Strong working knowledge of Ontario and Northeast U.S. power markets, including real‑time and day‑ahead pricing, congestion, transmission rights, ancillary services, and fuel‑to‑power economics.

• Advanced commercial leadership, contractual fluency and market judgment 

Working Conditions:

• This is a Calgary in office- based role.

• Relocation support will be provided if required.

• Occasional intra travel may be required.

Additional Details:

In order to be considered for this role you must be legally eligible to work in Canada.

The successful candidate for this position will undergo an education verification, reference checks and criminal record check.

Capital Power employees that refer a successful candidate for this position are eligible for a $1500 Referral Reward!

We believe that creating a culture that supports employee physical, mental, financial, and social wellbeing is critical to our success. That is why we provide flexible and affordable employee benefits, retirement savings, and paid time off programs. We also provide comprehensive onboarding, training, and programs supporting your career development.

Depending on the posting requirements relocation assistance may be available.

How To Apply and Next Steps

Capital Power only accepts resumes via online application at www.capitalpower.com/careers. If you choose to submit your resume by any other means, we cannot guarantee that your application will be considered for vacancies.

Applicants with disabilities who require a reasonable accommodation to complete their application can request accessible formats, communication support, or other accessibility assistance by contacting careers@capitalpower.com.

Capital Power is committed to providing a fair and transparent hiring process. We recognize and embrace the value of diversity and hire employees with the appropriate skills, experience and knowledge for each position.

Thank you for taking the time to apply and expressing interest in powering a sustainable future with Capital Power! We wish that we could personally respond to everyone who applies; however, it is our practice to contact only those individuals selected for interviews.