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.