UK Power Trader

3 weeks ago


London, Greater London, United Kingdom oilandgas Full time
About ENGIE:

We are a global leader in low-carbon energy supply and services. Our investments in energy infrastructure focus on energy storage and renewable energy, while supplying energy to various organisations across the UK.

We are committed to reshaping the energy future by balancing economic performance with a positive impact on people and the planet. We seek dedicated individuals to help turn our vision into reality.

About the Role:

Within GEMS' Business Unit, the Business Platform GEM UK ('BP UK') is a highly skilled team of 50+ people developing and managing assets and portfolios related to power, gas, and environmental products in the UK markets. This team actively supports the country's net-zero economy ambitions.

We are looking for someone to lead the BP UK structured power trading activities, focusing on power interconnector trading and other structured products including VPS, VBS, and CSSO.

Key Responsibilities:

  1. Develop and manage power interconnector trading and other structured products.
  2. Drive the exotic products (non-linear) scope of the trading desk.
  3. Ensure business continuity by supporting other trading desks within the Business Platform.
  4. Estimate and validate daily P&L.
  5. Maximise the value of trading positions.
  6. Share knowledge and tools with team members on the trading desk.
  7. Adhere to compliance rules and trading handbooks.
  8. Respect the risk framework (market and credit risk).
  9. Develop and implement data-driven and automated trading strategies.
  10. Stay ahead by creating and testing innovative approaches.
Requirements:

To be successful in this role, you will need:

  1. 2-5 years of power structured products trading experience, preferably with power interconnectors and non-linear energy products.
  2. Business development capabilities.
  3. Knowledge of the UK power and gas markets.
  4. Pricing, negotiation, risk management, and curve marking expertise.
  5. Ability to contribute to complex projects with multiple stakeholders.
  6. Effective communication skills to explain market activities.
Qualifications:

A Master's degree or Business School qualification with a substantial quantitative content is required.


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