Senior Power Trader

4 weeks ago

Glasgow, Glasgow City, United Kingdom OVO Energy Full time
Senior Short Term Power Trader

Role Overview

OVO Energy is seeking a highly skilled Senior Short Term Power Trader to join our dynamic Trading team. As a key member of our team, you will be responsible for developing and executing our within-day power trading strategy, optimizing our power balancing activities, and delivering significant revenue growth.

Key Responsibilities

  • Develop and execute our within-day power trading strategy to optimize power balancing activities and deliver P&L growth.
  • Work closely with our tech and data science teams to build out a new analytical capability for OVO, providing data-driven insights to inform trading decisions.
  • Lead the development of our brand-new within-day trading desk, driving innovation and excellence in our trading operations.
  • Collaborate with our portfolio management team to deliver a book structure, risk, and P&L reporting suite.
  • Develop a detailed plan to build a cutting-edge analytical toolkit, leveraging advanced data analytics and machine learning techniques.

Requirements

  • Proven track record as an Energy Trading professional in UK Power markets.
  • Extensive experience across UK Wholesale Power and Gas Markets, coupled with a deep understanding of the global energy landscape.
  • Impressive history of adding value through astute trading, particularly in optimizing Power balancing activities.
  • Adeptness in cross-functional teamwork, delivering successful projects in partnership with diverse teams.
  • Flair for innovative thinking, thriving on direct responsibility and consistently delivering tangible value.
  • Capability to own and execute critical business processes with unwavering precision and adaptability.
  • Keen eye for critical analysis, effectively interrogating model outputs and providing valuable feedback for continuous improvement and heightened accuracy.
  • Excellent interpersonal and communication skills, effectively presenting clear recommendations and swiftly responding with conclusive actions.
  • Dedication to supporting and nurturing the growth of fellow traders and analysts within the Trading domain.

What We Offer

  • Competitive salary range of £70,000 - £90,000, depending on experience.
  • On-target bonus of 15%.
  • Flexible benefits package, including 34 days of holiday, healthcare cash plan, private medical insurance, and more.
  • Opportunity to work with a dynamic and innovative team, driving change in the energy sector.

About OVO Energy

OVO Energy is a leading energy company, dedicated to solving one of humanity's biggest challenges - the climate crisis. We believe that everyone belongs at OVO, and we're committed to creating a diverse and inclusive workplace. Join us in our mission to change the world, one energy trade at a time.

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