Head of Trading & Risk Management - Battery Storage

The role

The Head of Trading & Risk Management will lead trading activities and P&L management for a growing book of operating battery energy storage assets. This role involves directing the trading team to optimize financial performance and managing risk mitigation strategies.

What you will do

• Direct and lead the Plus Power Trading team for financial optimization of battery energy storage projects within an ISO
• Develop and improve processes for load and price forecasting, energy revenue optimization, and tools and platforms
• Manage established hedge trading positions including settlements, credit support, and P&L monitoring
• Evaluate hedging strategies for projects and portfolio
• Provide consultative review of ISO asset contracting opportunities
• Review market portfolios to identify risk elements and develop mitigation or revenue enhancement strategies
• Lead reporting of daily, weekly, monthly, and YTD positions and P&L
• Lead market entry for new market trading operations including SPP and PJM
• Manage existing market counterparties and arrangements
• Retain and develop energy trading personnel

Required qualifications

• Minimum BA/BS in economics, finance or related field
• 10+ years in North American electricity and natural gas markets trading roles with progressively increasing levels of responsibility
• Knowledge of and experience trading DA-RT markets in ERCOT, ISO-NE, PJM, and other RTOs
• Exceptional quantitative and analytical capabilities
• Deep institutional knowledge of trading practices, markets, and risk management
• Ability to design, build, implement, and continuously enhance automated trading and risk management tools
• Demonstrated ability to think strategically, translate business objectives into actionable priorities, and lead teams through execution
• Exceptional written, verbal, and presentation skills
• Ability to translate complex technical analyses and concepts into clear, concise, and actionable insights
• Demonstrated ability to identify opportunities for continuous improvement and proactively develop and drive solutions
• Demonstrated ability to operate with a high degree of autonomy, navigate ambiguity, exercise sound judgment, and lead effectively in a dynamic, fast-paced environment
• Demonstrated success building strong cross-functional partnerships and influencing stakeholders

Nice to have

• advanced degree preferred

Benefits

• market-leading health benefits
• 401(k) match
• generous paid parental leave
• flexible time off
• work from home stipend

About the company

Plus Power is an energy storage market leader with a 10+ GW portfolio across more than 25 states. The company partners with electricity system operators, utilities, and investors to develop, finance, own and operate standalone energy storage projects.