Trading Specialist
Filinvest Group
- Taguig City, Metro Manila
- Permanent
- Full-time
- Prepare and submit offers for electricity supply to the market, considering factors such as market demand, pricing, and contractual obligations.
- Collaborate with customers to coordinate and manage bilateral contract quantities, ensuring precise communication and alignment with contractual obligations.
- Collaborate with system operators, market operators, and plant operation personnel to facilitate smooth day-to-day operations, address operational issues, and ensure compliance with market regulations.
- Prepare and submit accurate and timely Bilateral Contract Quantities to the WESM, reflecting the contracted supply and demand volumes.
- Regularly update the trading database with relevant market data, transaction details, and other information necessary for efficient trading operations.
- Ensure that all market transactions adhere to the rules and regulations set by the Wholesale Electricity Spot Market.
- Prepare and submit necessary reports to fulfill compliance requirements of the Wholesale Electricity Spot Market.
- Generate and submit comprehensive reports on a daily and weekly basis, detailing trading operations, market trends, and relevant market updates.
- Identify areas for process improvement within the trading group and contribute to the development and implementation of efficient workflows and procedures.
- Utilize appropriate tools and methodologies to conduct electricity price simulation and forecasting, supporting decision-making processes.
- Perform other function related to Commercial Operations as maybe assigned from time to time.
- Bachelor's degree holder in Engineering, Economics, Business, Mathematics, or Information Technology
- With at least 2 years relevant experience in the electric power industry. With preferences with candidates with a working knowledge and understanding of WESM
- Proficiency in understanding electricity markets, including market dynamics, pricing mechanisms, regulatory frameworks, and market participant behavior.
- Ability to gather, analyze, and interpret complex data related to electricity markets, trade volumes, pricing trends, and risk factors.
- Effective verbal and written communication skills to collaborate with internal teams, external stakeholders, and customers.
- Proficiency in Microsoft Excel or other spreadsheet applications for data analysis and reporting purposes.
- Knowledge of SQL for data manipulation and analysis is a plus.
- Familiarity with VBA (Visual Basic for Applications), Python or C# for automating tasks and enhancing spreadsheet functionality is a plus.