Electricity Markets Specialist

4 weeks ago


London, Greater London, United Kingdom Commerzbank AG Full time
Job Title: Electricity Markets Specialist

Commerzbank AG is seeking an experienced Electricity Markets Specialist to join their team in London. As a leading corporate banking and capital markets organisation, we are looking for an individual with a strong understanding of electricity markets to develop and implement trading strategies.

Main Responsibilities:
  • To develop and execute trading plans to increase revenue and profitability.
  • To build and maintain relationships with key clients and counterparties.
Key Activities:
  • Effectively market make, manage risk, and inform senior staff of current risk positions while staying up-to-date with Power market rules and regulations.
  • Work with the Head of Commodity trading to implement optimal trading strategies on power assets.
  • Interact with OTC/listed brokers to ensure best execution is performed.
  • Build and maintain strong relationships with Trading counterparties.
  • Monitor current market levels and competitor pricing, mark trading books, and provide market data across the Commodity platform.
  • 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.
  • Coordinate with Support units to set up new instruments/tools in trading systems.
  • Work with operations teams to handle settlement and delivery of financial and physical power contracts.
  • Actively promote the Power franchise with Sales teams, providing accurate and timely prices and regular trade ideas and market comments.
  • Assist in automating and digitising the Power business, coordinating projects, and monitoring performance against objectives.
Compensation:

The estimated annual salary for this position is £160,000 - £240,000 depending on experience. This figure reflects the importance of the role and the need for a highly skilled individual to lead our Power trading activities.



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