Sr. Manager

Head of Power Trading Operations

Area Responsibilities

Strategy & Business - Develop and implement long-term and short-term trading strategies focused on maximizing profits from renewable assets on IEX.

• Set up business processes, systems, and team structure for the trading division.
• Oversee market entry, membership, and regulatory requirements for trading on exchanges.

Leadership & People - Lead, mentor, and set performance standards for the Power Trading team.

• Foster a results-driven, compliant, and collaborative culture.
• Represent the company externally at regulatory bodies, exchange meetings, and industry forums.

Trading & Risk Mgmt - Supervise risk management frameworks; ensure robust price forecasting and risk mitigation.

• Approve large positions, hedging strategies, and new product launches.
• Lead negotiations and decision-making for significant proprietary trades and back-to-back contracts.

Regulatory & Compliance - Ensure full compliance with CERC, IEX, and other regulatory bodies' rules and requirements.

• Oversee all regulatory filings and documentation.

Stakeholder Mgmt - Liaise with internal teams (finance, investments, PPA, asset ops) and external partners (utilities, regulators, customers).

• Identify and onboard new market opportunities (e.g., GTAM, REC trades).

Innovation & Growth - Guide research and implementation for new business models—e.g., contract-for-difference (CfD), virtual PPAs, market-linked products.

Qualifications:

12–15 years' experience in energy/power trading, with at least 5 in a leadership or strategic role.

Key Skills:

Strong leadership, commercial acumen, regulatory knowledge, analytical, and communication skills.

Senior Manager

Area Responsibilities

Trading Operations - Develop and execute power trading strategies for DAM/RTM/GTAM on IEX.

• Structure, price, and execute spot and term deals.
• Prepare regular, actionable market analysis and trading reports for management.

Market Analysis - Monitor and analyze market trends (price movements, weather, regulatory events).

• Provide actionable insights and propose trading adjustments.
• Support market forecasting and portfolio management.

Risk Management - Suggest and implement approved hedging/risk mitigation strategies.

• Ensure trades are executed within risk limits and compliance standards.
• Maintain discipline in approvals/escalations for complex trades.

Business Dev. - Identify new trading opportunities (open access, third-party sales, REC/ESCerts).

• Handle key client relationships and support business development activities.

Compliance & Process - Coordinate regulatory and reporting compliance tasks.

• Maintain accurate trading documentation and ensure audit-readiness.
• Suggest and implement process improvements.

Team Support - Mentor and guide manager(s) and analysts.

• Back up the Head as needed; support training and operational continuity.

Qualifications:

Relevant certifications preferred.

7–10 years' experience in Indian power trading, with hands-on experience in exchange/renewables.

Key Skills:

Excellent quantitative, analytical, and market-monitoring skills.

Regulatory awareness; MS Excel and trading platforms proficiency; client-facing abilities.

Manager

Area Responsibilities

Trading Execution - Place bids and execute trades (DAM, RTM, TAM, GTAM) on IEX in alignment with strategy.

Scheduling & Settlement - Coordinate with SLDC, RLDC, and asset teams to ensure accurate scheduling, delivery, and settlement.

Data & Reporting - Maintain trade logs, update positions, and report trades to seniors.

• Monitor portfolio positions and deviations.

Market and Regulatory - Track regulatory changes; flag non-compliance risks; maintain up-to-date process checklists.

Communication - Liaise between internal asset ops, finance, and trading/ risk teams.

Support & Admin - Support team in documentation, contract execution, and audit preparation.

• Assist in market surveys & analytics.

Qualifications:

2–5 years' experience in power/energy trading or scheduling.

Key Skills:

Fast learning, good with systems and numbers, disciplined, detail-oriented.

Familiarity with IEX trading, energy scheduling, and Excel.