How much does a Power Trader make in Pennsylvania? The average Power Trader salary in Pennsylvania is $108,021 as of February 26, 2024, but the range typically falls between $94,956 and $130,003. Salary ranges can vary widely depending on the city and many other important factors, including education, certifications, additional skills, the number of years you have spent in your profession.

Power Trader Salaries by Percentile
Percentile Salary Location Last Updated
10th Percentile Power Trader Salary $83,062 PA February 26, 2024
25th Percentile Power Trader Salary $94,956 PA February 26, 2024
50th Percentile Power Trader Salary $108,021 PA February 26, 2024
75th Percentile Power Trader Salary $130,003 PA February 26, 2024
90th Percentile Power Trader Salary $150,017 PA February 26, 2024
25% $94,956 10% $83,062 90% $150,017 75% $130,003 $108,021 50%(Median) Didn’t find job title? Click
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What skills does a Power Trader need?

Each competency has five to ten behavioral assertions that can be observed, each with a corresponding performance level (from one to five) that is required for a particular job.

1.

Risk Management: Risk management is the identification, evaluation, and prioritization of risks (defined in ISO 31000 as the effect of uncertainty on objectives) followed by coordinated and economical application of resources to minimize, monitor, and control the probability or impact of unfortunate events or to maximize the realization of opportunities. Risks can come from various sources including uncertainty in financial markets, threats from project failures (at any phase in design, development, production, or sustainment life-cycles), legal liabilities, credit risk, accidents, natural causes and disasters, deliberate attack from an adversary, or events of uncertain or unpredictable root-cause. There are two types of events i.e. negative events can be classified as risks while positive events are classified as opportunities. Several risk management standards have been developed including the Project Management Institute, the National Institute of Standards and Technology, actuarial societies, and ISO standards. Methods, definitions and goals vary widely according to whether the risk management method is in the context of project management, security, engineering, industrial processes, financial portfolios, actuarial assessments, or public health and safety.

2.

Wholesale: Buying and selling products in large quantities at a lower price to increase profitability through a high sales volume.

3.

Data Management: Data Management comprises all disciplines related to managing data as a valuable resource. The concept of data management arose in the 1980s as technology moved from sequential processing (first cards, then tape) to random access storage. Since it was now possible to store a discreet fact and quickly access it using random access disk technology, those suggesting that data management was more important than business process management used arguments such as "a customer's home address is stored in 75 (or some other large number) places in our computer systems." However, during this period, random access processing was not competitively fast, so those suggesting "process management" was more important than "data management" used batch processing time as their primary argument. As software applications evolved into real-time, interactive usage, it became obvious that both management processes were important. If the data was not well defined, the data would be mis-used in applications. If the process wasn't well defined, it was impossible to meet user needs.

Risk Management 0.01%
Wholesale 0.01%
Data Management 0.01%
Others 99.97%

Job Description for Power Trader

Power Trader is responsible for the purchase and sale of energy. Monitors energy levels and reports needs or excesses and conducts market analysis to identify fluctuations in cost and availability of power sources. Being a Power Trader requires knowledge of energy trading markets and trading practices. May require a bachelor's degree in area of specialty. Additionally, Power Trader typically reports to a manager or head of a unit/department. To be a Power Trader typically requires 2 to 4 years of related experience. Gains exposure to some of the complex tasks within the job function. Occasionally directed in several aspects of the work. (Copyright 2024 Salary.com)... View full job description

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Job Openings for Power Trader in Pennsylvania

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Location Avg. Salary Date Updated
Location Stroudsburg, PA Avg. Salary $111,036 Date Updated February 26, 2024
Location Aaronsburg, PA Avg. Salary $104,631 Date Updated February 26, 2024
Location Abbottstown, PA Avg. Salary $105,888 Date Updated February 26, 2024
Location Abington, PA Avg. Salary $114,775 Date Updated February 26, 2024
Location Ackermanville, PA Avg. Salary $115,750 Date Updated February 26, 2024
Location Acme, PA Avg. Salary $102,421 Date Updated February 26, 2024
Location Acosta, PA Avg. Salary $99,665 Date Updated February 26, 2024
Location Adah, PA Avg. Salary $105,964 Date Updated February 26, 2024
Location Adamsburg, PA Avg. Salary $106,181 Date Updated February 26, 2024
Location Adamstown, PA Avg. Salary $107,671 Date Updated February 26, 2024

Career Path for Power Trader

A career path is a sequence of jobs that leads to your short- and long-term career goals. Some follow a linear career path within one field, while others change fields periodically to achieve career or personal goals.

For Power Trader, the upper level is Power Trader, Sr. and then progresses to Power & Fuel Trading Director.

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Power Trader Salary in Pennsylvania
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