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Trader III, Real-Time
Career Insights for Securities / Commodities Trader
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Scorecard
Based on California data
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What they do
A Securities or Commodities Trader trades securities or commodities electronically or on a trade or auction floor such as a stock exchange. Securities include stocks and bonds; commodities include products such as oil, gold, or corn. Monitors financial markets and the performance and price of different securities. Negotiates prices and terms for a sale or trade.
$151,552 / year median in California
+4% projected growth
Job Description
Under general supervision, forecasts and meets hourly district real-time electric power requirements; monitors power load conditions, conducts hourly analysis, develops trading strategies and determines the most economical power source alternatives; plans and schedules resources to meet demand load forecast; negotiates sale, purchases and interchanges of electricity and gas with other utilities, energy marketers, energy brokers and the California Independent System Operator (CAISO). Performs other duties as assigned. Bachelor's degree in engineering, mathematics, business, accounting, economics, or related degree and f ive years of increasingly responsible experience in power trading, trading analysis, power and natural gas settlements, finance or system operating functions in an electric utility or closely related industry, including two years of direct negotiating sale, purchases and interchanges of electricity with other utilities, energy marketers, energy brokers and the CAISO. Progressively responsible directly related experience may be substituted for the required education at the ratio of two years of experience for one year of education required in power trading, trading analysis, power and natural gas settlements, finance or system operating functions in an electric utility or closely related industry, including two years of direct negotiating sale, purchases and interchanges of electricity with other utilities, energy marketers, energy brokers and the CAISO. Veteran's Preference (External Applicants Only): Submit DD form 214 or other evidence of veterans' status by the job posting deadline. A negative drug test is required as a condition of employment. Employees must notify supervision when applying for a position.