Energy Power
7 months ago
**Key Responsibilities**:
- **Power Trading**:
- Power Trading Executive reporting directly to the Board of Directors.
- Assist in recruiting and training a team of at least 3 Power Traders to engage in 24 hours round the clock trading....
- Hedge gas sales positions through different seasons, ensuring effective risk management.
- **Customer Management**:
- Identify and target potential Power customers, who can be counter trading parties.
- Develop and implement strategies to
- **Reconciliation of Traded Quantities and Margin calls**:
- Oversee the reconciliation process between customers, and counter trading parties.
- Address and resolve trade billing issues and any margin calls
- **Quality Control of Demand Profiles**:
- Conduct rigorous quality controls that will ensure that no Trades take excessive risks
- Collaborate with a Trading Analyst ensuring that the information received is actionable and of top guality.
- **Relationship Management with Industry Bodies**:
- Manage the relationship with Industry bodies such as Ofgem and Elexon on behalf of the company.
- Stay informed about industry codes and regulatory changes effected from time to time ensuring that the company is always complaint with the rules.
**Qualifications and Experience**:
- At least 5 years of experience of trading Power on the GB and EU Power markets, with any European experience as an additional bonus.
- Ability to supervise and train subordinates on trading Power on GB Power markets and ability to formulate overall Power trading strategies.
- Experience in hedging power sales contracts through different seasonal and external market variations and shocks.
- Strong analytical skills and the ability inspire subordinates to work independently without compromising Team dynamics.
- Excellent communication and interpersonal skills.
- Proven ability to respond to rapid changes in the market and manage uncertainty through competent risk management.
- Ability to use energy storage
**Job Types**: Full-time, Part-time, Temporary contract, Fixed term contract, Temp to perm, Freelance, Zero hours contract, Graduate, Volunteer, Internship
Contract length: 12 months
**Salary**: £17,489.65-£36,601.63 per year
Expected hours: 50 per week
**Benefits**:
- Bereavement leave
- Company events
- Employee discount
- Free flu jabs
- Free parking
- Health & wellbeing programme
- Life insurance
- On-site parking
- Referral programme
- Work from home
Flexible Language Requirement:
- English not required
Schedule:
- 10 hour shift
- 8 hour shift
- Flexitime
- Holidays
- Monday to Friday
- Weekend availability
Supplemental pay types:
- Performance bonus
- Safety bonus
Work Location: In person
Reference ID: Energy - Gas and Electricity Executive Trader
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