Energy Trader 1/2 in Des Moines, Iowa at MidAmerican Energy Company

Position Title: Energy Trader 1/2

Location: Des Moines, IA, United States

Description:
This is a multi-level posting. Candidates may be considered for any of the posted levels, depending on their level of experience and depth of expertise.

The energy trader develops power-trading strategies relating to the company's regulated business; strategies are executed by trading both physical and financial positions covering periods from the prompt month to the real-time market. The energy trader is expected to take on a leadership role while maximizing the value of company resources.

Responsibilities:
Develops and manages appropriate power-trading and offer strategies within the company's value-at-risk limitations. Trades power and derivative products in a fast-paced environment in accordance with the company's risk management policies and procedures. (25%)

Analyzes the company's physical and financial transmission power positions including availability of company owned generation resources, purchased resources and forecasted retail load requirements; develops, implements and executes appropriate trading strategies related to such positions to maximize the company's return on assets. (25%)

Understands cost structure of company-owned generation and the impact of such on company's trading strategies with specific ability to develop and execute profitable cross-commodity trading strategies. (20%)

Monitors regional energy markets including energy prices, transmission availability and unit availability and develops and implements strategic investments based upon such information. (15%)

Develops external relationships with trading counterparties. Directs market research projects. Analyzes transmission positions throughout trading region. Develops and executes transmission strategies to maximize the company's return on assets. Coordinates the use of company-owned or controlled generating plants and other resources with other staff members. Provides technical leadership to staff with special emphasis upon regulatory developments in the energy markets. (15%)

Performs additional responsibilities as requested or assigned.

Qualifications:
This is a multi-level posting. Candidates may be considered for any of the posted levels, depending on their level of experience and depth of expertise.

Bachelor's degree from an accredited institution (Typically six years of related, progressive work experience would be needed for candidates applying for this position who do not possess a bachelor's degree).

Advanced degree preferred.

One to three years of experience in the energy industry, which includes experience in one or more of the following: trading-related experience, pipeline/transmission marketing or similar commercial experience and/or utility experience.

Three or more years of experience required for the energy trader 2 level.

Superior communication, problem solving and analytical skills to forecast system projects, economic evaluation of energy production utilizing market prices for electricity, coal, gas and oil; determination of least-cost options to serve forecasting system load through production versus purchase decisions and transmission cost evaluations.

Leadership abilities, effective interpersonal skills and the ability to work independently and as part of a team.

Ability to obtain and maintain all applicable industry certifications as required.

Position may require working non-traditional hours.

Participation on teams that results in contributions and achievement of team goals and objectives, sometimes in a lead role.

Demonstrates ability to understand and utilize computer systems and applications as tools for analysis. Strong project management skills. Ability to handle multiple tasks and projects concurrently.

Ability to maintain confidential and sensitive information.

About US:
MidAmerican Energy Company, a Midwest utility, provides regulated electric and natural gas service to more than 1.6 million customers in Illinois, Iowa, Nebraska and South Dakota. The company owns and operates a portfolio of power-generating assets, approximately 61% of which is wind generation.

About the Team:
MidAmerican Energy Company is proud to be an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion or religious creed, age, national origin, ancestry, citizenship status (except as required by law), gender (including gender identity and expression), sex (including pregnancy), sexual orientation, genetic information, physical or mental disability, veteran or military status, familial or parental status, marital status or any other category protected by applicable local, state or U.S. federal law. Employees must be able to perform the essential functions of the position, with or without an accommodation.
JOB INFO

Job Identification: 10005093

Job Category: Energy Marketing & Trading

Posting Date: 2026-05-27

Apply Before: 2026-06-15T17:00:00+00:00

Job Schedule: Full time
Locations: 4299 NW Urbandale Dr, Urbandale, IA, 50322, US
Business: MidAmerican Energy Company