Senior Trader
Department: YUR - 2140 - Trading
Employment Type: Full Time
Location: Leicester
Compensation: £50,000 - £60,000 / year
Description
Senior Trader
Reports to: Trading Manager
Location: Leicester Office (Potential for some hybrid working)
Working hours: Monday to Friday, 37.5 hours a week
As a Senior Trader, you will be part of an experienced Trading and Pricing team responsible for the purchasing of circa 4 TWh of gas and power per annum for our portfolio of business customers, along with green certificates. Thus role is central to managing the company’s market exposure, with a focus on hedging strategy, risk mitigation, and value optimisation across an ever volatile commodity market.
This is an exciting role within a fast paced and critical function of the business. We are looking for exceptional and highly numerate people that are self-driven, reliable and have an acute attention to detail, to power our growth. Could you be part of our success story?
What We Need from Yü as a Senior Trader
Here’s a taste of what you’ll be doing:
- Develop and execute hedging strategies across gas, power, and green certificate markets (REGOs, ROCs, RGGOs)
- Manage exposure to wholesale price movements, shape risk, and weather driven volatility.
- Continuously assess and refine hedge position along with monitoring of price curves to pricing/sales.
- Provide clear visibility of risk positions, P&L, and hedge effectiveness.
- Develop analytical models for trading and market insight, to facilitate optimisation of portfolio value.
- Assist in reporting of positions and value to key stakeholders.
- Support the team on the day to day running of the trading desk and resolution of operational queries.
- Ad hoc support on reporting for internal and external purposes.
About Yü
If you have what it takes, you could be just what we’re looking for…
- A degree in Maths, Science or similar numerate discipline.
- Highly numerate with an unparalleled attention to detail and confident delivering incremental change towards the end goal.
- Experience in the energy industry within a trading or hedging department is beneficial but not essential.
- Experience in Python, or alternative programming knowledge is beneficial.
- Strong computer proficiency and in particular Excel.
- Must be able to work under pressure and meet deadlines, while maintaining a positive attitude and providing exemplary service.
- Self-motivated with an ability to work independently.
Yü Come First
We have a wide range of benefits for our employees including:
- 24 days annual leave + bank holidays
- Holiday buy – up to 5 additional days
- Day off on your birthday
- Employee Assistance Programme
- Annual salary review
- Learning and development opportunities
- Enhanced paternity, maternity and adoption policies
- Yü made a difference Awards
- 3 days additional annual leave if you get married/civil partnership etc.
- Appointment allowance
- Long service recognition
- Refer a friend payment
- Company sick pay (subject to length of service)
- New modern facilities
- Death in service and critical illness cover
- Plus, many more
This position does not fulfil the UK Visas & Immigration sponsorship criteria for Skilled Worker, therefore we can only accept applications from candidates who already have an indefinite right to work in the UK.
If you need any reasonable adjustments to help you apply for a role, please let us know and we will see what we can do.
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