Commercial Lead

3 weeks ago


Manchester, New Hampshire, United Kingdom Core3 | B Corp™ Full time
Job Title: Commercial Lead - Power and Emissions Trading

Join Core3 | B Corp™, a dynamic and fast-growing company at the forefront of energy trading and portfolio optimisation, as we seek a highly skilled Commercial Lead - Power and Emissions Trading to drive our UK Power and Emissions portfolio growth.

About the Role

This strategic position requires a blend of commercial acumen, operational expertise, and leadership capabilities to oversee the UK Power and Emissions market segment, manage physical and financial flexibility deals, and build a highly optimised trading portfolio.

Key Responsibilities
  • Develop and manage the company's UK Power and Emissions portfolio, optimising exposure across volume, price, volatility, correlation, and indexation.
  • Implement and manage portfolio structures designed to extract value and achieve agreed profit and loss (P&L) targets.
  • Support Business Development by assisting with product propositions and deal structuring, ensuring the portfolio is aligned with market opportunities and strategic goals.
  • Collaborate with risk analysts to produce daily portfolio positions, P&L reports, and manage risk metrics such as financial exposure and stress testing.
  • Build tools for on-demand stress testing, including scenarios for price, volume, and correlation shocks in the power portfolio.
  • Work closely with structurers, quants, and originators to implement optimisation strategies and ensure compliance with industry regulations and operational procedures.
  • Oversee compliance and risk infrastructure, ensuring exchange and over-the-counter (OTC) limits are respected and risks are effectively communicated and managed.
Requirements
  • University degree in a mathematical, analytical, or commercial subject.
  • 3+ years of experience in energy trading, portfolio optimisation, or a similar commercial role within the UK energy markets.
  • Proven quantitative skills, with a background in Energy Economics, Quant Trading, or Financial Mathematics.
  • Strong understanding of UK energy markets and route-to-market products for generators and consumers, including power generation, grid balancing, off-take agreements, and inter-connectors.
  • Experience with both physical and financial hedging strategies in power markets is essential.
What We Offer
  • Competitive salary and bonus structure, with opportunities for career progression and personal development.
  • Be part of a team that is making a significant impact on the energy transition and contributing to a more sustainable future.

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