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Commodity Trader (I, II, Senior)

Ameren Services Company
paid holidays, 401(k)
United States, Missouri, St. Louis
1901 Chouteau Avenue (Show on map)
Mar 21, 2025

About Us

Ameren is a leader in the energy industry, and our transformation toward more clean, renewable energy is also transforming other industries and infrastructure in our communities. As a regional company serving local customers, we not only serve our communities, we're a part of them. This isn't just a job. At Ameren, we invest in you, so you can power the quality of life you want.

Diversity, Equity & Inclusion is one of the core values that guides us in everything we do. We are committed to building a skilled and diverse workforce that brings diverse perspectives to every area of our business.

Our benefits include:

  • Medical coverage on date of hire

  • 100% employer paid cash balance pension plan

  • 401(k) with company match fully vested on date of hire

  • Minimum of 15 days paid vacation and 12 paid holidays

  • Paid parentalleave and family caregiver leave

Visit our Benefits & Perks Page for more information on benefits provided to regular full-time employees.

About Ameren Missouri

Ameren Missouri has been providing electric and gas service for more than 100 years, and our electric rates are among the lowest in the nation. Ameren Missouri's mission is to power the quality of life for our 1.2 million electric and 132,000 natural gas customers in central and eastern Missouri. Our service area covers 64 counties and more than 500 communities including the greater St. Louis area.

About The Position
The Commodity Trader I is responsible for implementing short-term hedging strategies and providing asset optimization & energy portfolio management for generation assets. Ameren Missouri's commodity traders hedge positions for the following commodities: wholesale energy, renewable energy power purchase agreements, electric transmission, electric capacity, ancillary service agreements, coal, coal transportation, rail surcharge, emissions allowances, emissions control commodities, natural gas, natural gas transportation & services, renewable energy credits, fuel oil, alternative fuels, uranium, and related nuclear fuel services (conversion, enrichment, fabrication). In addition, the candidate will coordinate the dispatch and fuel operations of the Ameren Missouri generation fleet.

Key responsibilities include:
* Execute interchange sales, purchases and operational duties (scheduling, tagging, and related functions)
* Establish credible and effective relationships with trading counterparties/market participants to recognize and develop opportunities.
* Act in accordance with Credit guidelines and the Ameren Missouri Risk policy, while recommending policy changes that improve Ameren Missouri's flexibility in the marketplace.
* Schedule natural gas and heating oil purchases, implement hedging instruments and real time purchases to achieve a balanced portfolio

* Participate in market registration of new generation resources
* Maintain effective communication with other commodity traders, gas supply, management, power dispatchers, energy centers, and complimentary departments.
* Work with Back Office to resolve discrepancies or disputes as required

Qualifications

Commodity Trader I
Bachelor's Degree from an accredited college or university required. MBA preferred. One year of commodity industry experience required. Physical power, coal, or natural gas industry experience preferred. Experience with electric system operations, scheduling, tagging, power flows and generation technologies preferred. Experience in and/or knowledge of PJM and MISO market rules strongly preferred. Multi-commodity experience preferred. Significant experience in related fields may be considered in lieu of commodity exposure.

Commodity Trader II

Bachelor's Degree from an accredited college or university in a business-related discipline required. MBA preferred. Three or more years of commodity, power or trading industry experience required. Multi-commodity experience preferred. Significant experience in related fields will be considered in lieu of commodity exposure.

Senior Commodity Trader

Bachelor's Degree from an accredited college or university in a business-related discipline required. MBA preferred. Five or more years of commodity, power or trading industry experience required. Multi-commodity experience preferred. Significant experience in related fields will be considered in lieu of commodity exposure.

In addition to the above qualifications, the successful candidate will demonstrate:
Strong interpersonal and communication skills are required. Proven leadership, team building, organizational skills and administrative aptitude preferred. Excellent decision-making, analytical and computational skills are highly desired, as well as a grasp of marginal economic reasoning. Candidates must have ability to work in a fast- paced environment with critical time deadlines. Work hours will be rotational, and the individual will be on-call at various times during non-working hours. This position requires employee background check according to NERC guidelines.

Additional Information
Ameren's selection process includes a series of interviews and may include candidate testing and/or an individual aptitude or skill-based assessment. Specific details will be provided to qualified candidates.

* Salary dependent upon individual credentials and position market pay level.

Compensation Range:

$82,400.00 - $199,500.00

* This pay range encompasses multiple levels of the role. Career level and compensation depends upon applicant's credentials.

At Ameren, base salary is one component of a competitive compensation package for employees. Our pay ranges are broad to allow for movement within our organization and to accommodate different skill sets and levels of expertise. We take into consideration a variety of factors including, but not limited to, skills, abilities, experience, education, credentials, and internal equity when determining the base salary offered. Roles are eligible for additional rewards including annual incentive payments based on individual and company performance.

If end date is listed, the posting will come down at 12:00 am on that date:

Saturday April 05, 2025

All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, ethnicity, age, disability, genetic information, military service or status, pregnancy, marital status, sexual orientation, gender identity or expression, or any other class, trait, or status protected by law.

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