Energy Market Innovator
2 weeks ago
Energy Market Innovator Wanted
We're looking for an innovative Energy Market Innovator to join our team at Octopus Energy. As a key member of the team, you will be responsible for creating value from the Intraday Power market, trading the volatility, and managing our exposure.
The ideal candidate will have experience in commodity trading or a similar field and a passion for decarbonisation and grid flexibility. You will be working with cutting-edge analytical tools to make fast, profitable trading decisions and execute trades within the Intraday Power market to manage our exposure.
This is a unique opportunity to work on a brand new venture within Octopus Energy and be part of a diverse and talented team of market experts that will really push to find new ways of improving market efficiency and decarbonising the grid.
SalaryThe estimated salary for this role is £65,000 - £85,000 per annum, depending on experience.
Responsibilities
- Create value from the Intraday Power market, trading the volatility, and managing our exposure
- Work with cutting-edge analytical tools to make fast, profitable trading decisions
- Execute trades within the Intraday Power market to manage Octopus' exposure on its multi-billion pound hedge book
- Deliver additional value through the optimisation of flexible assets in the short term market
- Trade the changing forecasts of our PPA portfolio
- Design and feedback ideas for improvements in the analytics suite, as well as share trading strategy ideas with the rest of the team
- Help to build and design algorithmic trading strategies
- Liaise with the Trading Manager to ensure short term exposure risks are understood across the business
Requirements
- Experience in Commodity Trading or similar field - ideally 1+ years experience
- A passion for the challenge of decarbonisation and grid flexibility as the enabler for it
- Ability to synthesise numerical information and make informed decisions quickly
- Eagerness to learn the fundamental drivers of the power market and become a top performing trader within the market
- A drive to succeed in a fast paced and competitive market
- An ability to maintain continued attention to the market, even in times of low market volatility
- Comfortable working shifts, including frequent nights and weekends
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