Job Role Summary
About the Role
We are seeking an, experienced Senior Power Trader to strengthen our London trading team. This is a high‑impact role for a Senior Power Trader with a strong track record of proprietary trading P&L generation in power curve markets. You will identify opportunities in the power markets by leveraging market insight & quantitative analysis, then design and execute forward‑market trade strategies across GB & EU power curves.
Job Role Responsibilities
Key Responsibilities
Speculative & Proprietary Trading
- Develop and execute directional and spread trade strategies across UK and Europe power curves.
- Manage positions down the curve in response to fundamental, technical, fuel /emission prices and weather‑driven signals.
- Identify pricing inefficiencies and distortions between markets, tenors, and products to generate P&L.
Market Analysis & Modelling
- Analyse fundamental, regulatory, and market data to generate trade ideas and stress‑test scenarios.
- Collaborate with quants to enhance models affecting power price formation, volatility, and cross‑commodity dynamics.
- Work with the analyst team to maintain supply/demand models factoring trends and generation mix changes.
Risk & Performance Management
- Take ownership of trade strategies using VAR limits, P&L performance & trade management techniques. Work with Risk to maintain accurate position management.
- Adhere strictly to compliance and regulatory guidelines applicable to European and UK power markets and to ExxonMobil policies
Collaboration & Market Engagement
- Have & maintain strong relationships with brokers, market participants, and counterparties to support deal flow business and market access.
- Mentor junior traders and contribute to widening desk capability and strategy development.
Technical Skills & Competencies
Technical & Analytical Skills
- Proficiency in analysing large datasets; working knowledge of Python, SQL, and advanced Excel preferred.
- Ability to work with quantitative teams on improving models, signals, and analytics that support trading strategy.
Competencies
- Highly numerate, decisive, and comfortable taking well considered risk.
- Excellent communication skills and the ability to articulate trade rationale clearly.
- Strong situational awareness, discipline, and an ability to operate effectively in fast‑moving markets.
Experience & Track Record
- 7–10 years trading GB/EU power curve markets with a demonstrable speculative P&L and proven commercial impact.
- Deep understanding of power markets, ideally including experience with forward asset optimization.
- Strong relationships with market counterparties and experience of deal development.
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