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Manager-Power Trading

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Description

Job Description 

     

   Designation- Manager-Power Trading 

   Experience- 8-10 Years 

   Location- Noida 

 

 

   We are seeking an experienced AGM / Manager – Power Trading with 8–10 years of proven expertise  

   in power trading within utilities, Open Access & C&I (Commercial and Industrial) consumers, short-term   

   power sales, power market operations, and price analysis. The role involves developing and executing  

   effective power trading strategies, managing power portfolios, and driving margin optimization while   

   ensuring regulatory compliance. 

 

 

   Responsibilities 

 

   The role involves developing and implementing effective power trading strategies to maximize revenue  

   while minimizing market and operational risks. The incumbent will manage power trading portfolios with  

   a strong focus on margin optimization and risk management, while continuously analyzing market trends  

   to design short-term power sales strategies aligned with business objectives. The position requires close   

   collaboration with cross-functional teams to ensure alignment with overall business goals and trading  

   priorities. The candidate will remain up to date with regulatory developments and ensure full compliance with 

   CERC (Central Electricity Regulatory Commission), SERC (State Electricity Regulatory Commissions), and   

 power exchange regulations. Additionally, the role includes developing and executing competitive bidding   

 strategies to optimize power sales and maximize revenue, owning and managing the profit and loss (P&L) for  

 power trading activities, and driving margin enhancement through disciplined risk management and in-depth  

   market analysis. 

 

   Who we are? 

We are working on IoT solutions that can be used to solve massive scale problems by connecting things to 

people. 

As a company we are digitizing the electricity distribution grids to bring down network losses and ensure that 

electricity reaches every house-hold. 

We do this by building sensors, controllers, low power edge devices, connect and manage multiple sensors 

with our ecosystem. 

We have been awarded as the Startup of the Year 2018 and our wireless technology in 2020, has been awarded 

by India Smart Grid Forum, Government of India. 

We have also been mentored by Cisco and Qualcomm in their startup accelerators.  

We are a Venture Capital funded company and have raised our A1 round series in 2025. 

We - 

● Are a team of technologists from diverse backgrounds 

● Obsess over design and product journey 

● Obsess over our customer’s needs and experience 

● Are owners. We love building new innovative technologies, and improving our existing ones 

● Wear multiple hats. We enjoy the prototyping and tinkering stages, as well as the rigor of 

making solutions production-ready. 

● Are fast-growing, agile and collaborative. 

You- 

● Enjoy seeing the impact your work has on real customers 

● Enjoy being a part of a creation that can shape the future of the world as we know it 

● Enjoy working with the cofounders and the founding team of a growing startup 

● Are comfortable in an agile environment and create order from ambiguity 

● Are excited about the incredible opportunity connected products represent 

● Build strong teams with others as passionate as you about this mission 

● Take ownership and doing whatever it takes to get the job done 

● Want to create applications at a massive scale used by millions of people 

● Use data to make decisions and validate assumptions 

● Learn from others and help grow those in your team to achieve their best. 

Our Culture – 

Trust – We trust our team to the core in all their actions they perform in day-to-day work 

Clear Communication - We are direct and succinct. We share information efficiently, improving 

collaboration and productivity. We practice active listening. 

Efficient execution - We have a bias for action. We complete high quality work quickly. We focus on 

20 percent of work that will get us 80 percent of the impact. 

Act like an owner - We take 100% responsibility for achieving the mission. We seek to improve all 

aspects of our company, even in ways that are not explicitly part of our job. 

Continuous learning - We're humble, and value learning over being right. We embrace delivering 

and receiving candid feedback and see every setback as an opportunity to learn. 

Championship team - We are a winning team, not a family, and have high expectations for performance 

and delivering results. We're stronger together so we choose to focus on what unites us, and not on what  

divides us. We have an intense work culture and are regularly pushed out of our comfort zones. 

We should continually earn employees' commitment and, likewise, expects employees to earn their seat at 

the company. 

During your time with Us, You will -  

 Develop and implement power trading strategies to maximize revenue, minimize risk and optimize margins, 

risk across Open Access, C&I, and utility portfolios. 

 Manage power portfolios to ensure optimal margin optimization and risk management. 

 Analyze market trends and develop short-term power sales strategies to meet business objectives. 

 Collaborate with cross-functional teams to ensure alignment with business goals and objectives. 

 Liaise with Utilities and regulatory changes and ensure compliance with CERC (Central Electricity 

Regulatory Commission), SERC (State Electricity Regulatory Commissions), and exchange rules. 

 Develop and implement bidding strategies to optimize power sales and maximize revenue. 

 Own and manage profit and loss (P&L) for power trading activities. 

 Optimize margins through effective risk management and market analysis. 

 Collaborate with cross-functional teams (Operations, Risk, Legal, Finance) for seamless strategy execution 

and reporting. 

Required Qualification and Skills- 

 Graduation or Post graduation from engineering or MBA. 

 8-10 years of experience in power trading, with a strong background in short-term power sales, long-term 

Power Purchase Agreements, Power Trading, Procurement & Scheduling, power market operations across 

multiple states and price analysis. 

 Hands-On experience of various trading tools & Platforms. 

 Should have handled portfolios with Open Access C&I consumers & utilities. 

 In-depth knowledge of CERC, SERC, and exchange rules 

 Strong analytical and problem-solving skills, with the ability to analyze complex market data and develop 

effective trading strategies 

 Excellent communication and interpersonal skills, with the ability to collaborate with cross-functional teams 

 Strong understanding of power trading strategies and portfolio management 

 Ability to work in a fast-paced environment and adapt to changing market conditions.

Must have skills

Power trading - 8 years

Nice to have skills

IEX/PXIL bidding - 6 years

HPX and bilateral trading - 6 years

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