Decarbonisation Trader
1 day ago
At Octopus Energy, we are at the forefront of the energy transition. As a Decarbonisation Trader, you will be a key member of our team that develops transformational solutions to meet the grand system challenges of decarbonisation. You will rapidly implement these solutions to address the urgent and global need for energy flexibility.
We are looking for a Shift Trader to join an expanding trading desk and contribute to Octopus' growth into the exciting energy market. You'll be responsible for creating value from the Intraday Power market, trading the volatility and managing our exposure. Additionally, you'll work on the high-level trading approach, supporting in the evolving design and improvement of our in-house analytical tools.
Key Responsibilities:- Utilise market-leading analytical tools to make fast and 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.
- Collaborate with the Trading Manager to ensure short-term exposure risks are understood across the business.
- 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.
- The 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 hunger to perform in a fast-paced and competitive market.
- An ability to maintain continued attention to the market, even in times of low market volatility.
- Willingness to undertake shift work, including frequent nights and weekends.
- We offer a unique culture where people learn, decide, and build quicker. Our organisation values autonomy, teamwork, and innovation.
- Our salary range for this role is £50,000 - £70,000 per annum, depending on experience.
- We provide opportunities for professional growth and development in a dynamic and supportive environment.
- Octopus Energy Group prioritises employee satisfaction, offering various benefits and perks to enhance work-life balance.
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