Exciting Opportunity: Structured Power Trader (LONDON)
About Engie:
ENGIE is a global leader in low-carbon energy supply and services. We have been active in the UK energy market for over 20 years, and our investments in energy infrastructure are focused on energy storage and renewable energy (solar, wind, biogas), whilst supplying energy to organisations of all sizes.
We are reshaping the energy future by reconciling economic performance with a positive impact on people and the planet, and we are looking for people who are committed to help turn our vision into reality.
About the Role:
Within GEMS’ Business Unit, the Business Platform GEM UK (‘BP UK’) is a highly skilled team of 50+ people developing and managing assets and portfolios related to power, gas and environmental products in the UK markets, actively supporting the country’s ambitious path to a net zero economy.
We are looking for someone to Develop the BP UK structured power trading activities, focusing specifically on power interconnector trading and other structured products including VPS, VBS and CSSO
Key Responsibilities:
- Responsible for power interconnector trading and other structured products
- Drive the exotic products (non-linear) scope of the trading desk
- Ensure business continuity: back-up other trading desks within the Business Platform
- Daily P&L estimation and validation
- Trade and maximize the value of the trading positions
- Share knowledge and tools with team members on the trading desk
- Respect the compliance rules and trading handbooks
- Respect the risk framework (market and credit risk)
- Develop and implement data driven and automated trading strategies
- Stay ahead by creating and testing innovative approaches
Requirements:
- 2 to 5 years of demonstrable power structured products trading experience, preferably with power interconnectors and non-linear energy products
- Business development capabilities
- Knowledge of UK power and gas markets
- Pricing, negotiation, risk management, curve marking
- Ability to contribute to complex projects, with many stakeholders
- Ability to explain and convey messages related to market activities
Qualifications:
- Master, Engineering degree or Business School with a substantial quantitative content
What benefits we offer?
Flexible Working
We understand the importance of work-life balance and recognise that everyone is striving to find the perfect one between work and home life. That's why we offer a hybrid working model that combines the convenience of remote work with the benefits of collaborating in a professional office environment. You'll have the flexibility to work from home part of the time, allowing you to optimise your productivity while enjoying a comfortable work setup.
Bonus Programme
We reward your hard work and dedication with a competitive bonus programme that recognises and values your contributions. Your efforts are appreciated and directly reflected in your financial rewards.
Life Assurance
We prioritise your peace of mind by offering life assurance coverage. You can feel confident knowing that your loved ones will be protected in the event of the unexpected.
Income Protection
Your financial security matters to us. Our income protection benefits ensure that you have a safety net in place, providing a valuable source of income if you're unable to work due to illness or injury.
Employer Pension Contribution
We invest in your future by contributing to your pension plan. You can enjoy the confidence and peace of mind that comes with knowing that you're building a solid foundation for your retirement.
Healthcare Cash Plan
Your well-being matters to us, which is why we provide a healthcare cash plan. You'll have access to a range of healthcare benefits, including reimbursement for medical expenses, dental and optical care, and more. Take care of yourself and your family's health without financial worries.
myENGIE
We offer a range of flexible benefits to employees alongside hundreds of retail and lifestyle discounts through myENGIE.
Diverse Employer
ENGIE’s purpose is to accelerate the transition towards a carbon-neutral economy, through reduced energy consumption and more environmentally friendly solutions, and we know that the most successful businesses are the most sustainable ones. Diversity, equity and inclusion is key to sustainability and success and our goal is to attract, engage and retain the best talent, bringing the best thinking to our business from inside and outside of our industry. Our ambition is to make sure everyone at ENGIE feels valued, respected and included. We know that diverse teams have more creativity, imagination, innovation and problem solving capabilities, so we are committed to tackling inequalities and creating a diverse and inclusive business.
Equal Opportunity
We're an equal opportunity employer, which means we'll consider all suitably qualified applicants regardless of gender identity or expression, ethnic origin, nationality, religion or beliefs, age, sexual orientation, disability status or any other protected characteristic. We recruit and develop our people based on merit and we're committed to creating an inclusive environment for all employees. During the application process you will be asked to complete an equality questionnaire on a voluntary basis and any data we collect will be treated confidentially and used for evaluation purposes only. This helps us understand our audience so we can make sure we are doing everything we can to attract a diverse range of people and ensure our recruitment processes are fair and inclusive.