£75K/yr to £90K/yr
City of London, England
Permanent, Variable

Power Trader

Posted by NSB Recruitment Ltd.

NSB Recruitment Ltd have an exciting opportunity to join this smart energy infrastructure company. My client has been at the heart of the UK Energy market for 25+ years and are playing a critical role in decarbonising the UK energy system. As a major energy services and smart metering company with technology, data and sustainability at the core of their ethos and business model, my client is committed to delivering the future of smart energy.

This Power Trader role will form part of the power trading team optimising a large portfolio of battery storage assets in the UK. Reporting to the Trading Director/Shift team leader the role will ensure that the assets will optimise in the UK energy market. With a state of art trading platform, the role is responsible for managing short term physical power and ancillary services market.

The team operates on a shift trading team basis (12-hour shift 3 x a week) on a remote basis (UK wide). In addition to trading the position you will also have duties to ensure that our client fulfils its operational and contractual obligations as a licensed operator in the UK Power Markets.

This is a great opportunity to work in a growth area for a company investing significantly and strategically in the dynamic short term storage sector.

Location - Remote/UK Wide

Responsibilities & Tasks

  • Delivery against P&L targets from the portfolio using physical assets, wholesale market trading and balancing market trading.
  • Responsible for ensuring our clients standards are maintained throughout all remote physical asset instructions.
  • Drive operational excellence to maximise optimisation opportunities.
  • Lead testing and implementation of new products and assets onto the desk.
  • Contribute to a high performing team encouraging new commercial innovation.
  • Ensure compliance with the risk policy.
  • Responsible for the oversight of accurate trade allocation, nomination and physical scheduling of remote power assets including a portfolio of Front of Meter Battery Storage assets.
  • Responsible for producing P&L estimations on new UK optimisation deals.
  • Liaise with fundamental teams to build out short term fundamental supply/demand views and trader tools.

Ideally You Will Have The Following

  • Degree (or equivalent) preferably numerate
  • EPEX Certification and/or trading risk course (training will be provided)
  • Track record of managing risk and delivering profit
  • Relevant and sufficient experience in a short-term trading role managing despatch of physical assets and trading positions.
  • Understanding of Capacity Mechanism
  • Experience trading on exchanges and using an ETRM including a qualification to trade UK power on EPEX (training can be provided)
  • Good knowledge of UK power markets and asset operations
  • Working knowledge of relevant power codes and the implications on physical asset trading
  • Experienced user of IT systems, skilled in MS office and preferably the ability to provide analytical market analysis.
  • Strong quantitative and analytical skills.

About this Opportunity

My client is a leading brand in the market and has a reputation as a great place to work, both from a professional and social perspective. They provide excellent remote working solutions to their staff. You will have unparalleled opportunities to develop and grow your experience by being given significant responsibility as well as scope to develop your own ideas.

Rewards & Benefits

Our client offers a highly competitive salary plus performance bonus, along with a range of exciting benefits. This is an exceptional opportunity to join an ambitious business with significant growth plans. My client offers a lot of training as well as great scope for progression and reward.

If this Power Trader role is of interest to you, please click apply now below.

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