Energy Trader

About the job

Mercor connects elite creative and technical talent with leading AI research labs. Headquartered in San Francisco our investors include Benchmark General Catalyst Peter Thiel Adam DAngelo Larry Summers and Jack Dorsey.

Position: Energy Trader / Analyst
Type: Contract
Compensation: $140/hour
Location: Remote

Role Responsibilities

• Review and validate Excel models projecting wholesale power prices across US ISOs including ERCOT PJM CAISO MISO NYISO and SPP.
• Assess model assumptions related to load growth demand forecasts generation mix capacity buildouts interconnection queues and project timelines.
• Identify inconsistencies unrealistic assumptions or modeling errors in Excel-based forecasting models.
• Provide structured feedback to improve model robustness and market accuracy.
• Interpret outputs and ensure alignment with real-world trading and market behavior.
• Collaborate with technical teams to refine modeling frameworks and evaluation criteria.

Qualifications

Must-Have

• 310 years in power trading energy markets analysis or related roles.
• Direct exposure to US wholesale electricity markets (ERCOT PJM CAISO etc.).
• Advanced Excel proficiency (complex models scenario analysis sensitivity analysis).
• Strong understanding of nodal pricing congestion and market dynamics.
• Familiarity with ISO/RTO structures capacity markets and ancillary services.
• Experience with ISO load forecasts interconnection queues and generation expansion.

Preferred

• Experience building or maintaining power price forecasting models.
• Background in quantitative energy trading or structured products.
• Familiarity with tools like Python VBA or power market simulation software.
• Experience with renewables integration and storage economics.

Application Process (Takes 2030 mins to complete)

• Upload resume
• AI interview based on your resume
• Submit form

Resources & Support

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PS: Our team reviews applications daily. Please complete your AI interview and application steps to be considered for this opportunity.