Senior Energy Trader

1 day ago


London, Greater London, United Kingdom Commerzbank AG Full time
Job Description:

The Power Senior Trader is responsible for developing Commerzbank AG's power trading business, leveraging strong technical expertise in Energy derivatives contracts and a solid understanding of European power markets. As a key member of the commodities trading desk, you will steer front office and support units to expand Commerzbank's power trading capabilities.

You will be tasked with structuring, pricing, trading, managing positions, and generating alpha on Power contracts (physical and financial) to develop the bank's power franchise in a risk-controlled, capital-efficient, and cost-effective manner. Your daily trading tasks will involve effectively market-making, managing risk, and keeping senior staff informed of current risk positions.

Key Activities and Competencies:

  • Market-make and manage risk to ensure optimal trading strategies are implemented.
  • Work closely with the Head of Commodity Trading to implement trading strategies on power assets.
  • Interact with OTC/listed brokers to ensure best execution is performed.
  • Maintain strong relationships with Trading counterparties.
  • Monitor current market levels and competitor pricing.
  • Keep trading books within required risk limits.
  • Develop technical, market, product, and technological expertise consistent with the strategic aims of the business.
  • Act as subject matter expert on Power within the bank and promote the franchise with internal stakeholders.


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