Head of Spot Trading

Step into this role as the leader of our 24/7 Spot Trading team, reporting directly to the Vice President of Portfolio Optimisation & Pricing! 

Here, you'll take charge of managing the daily physical electricity and gas trading position, driving our strategy to maximize value in the fast-paced wholesale energy markets.

You'll be at the heart of the action, leveraging proprietary trading techniques and optimizing our diverse asset portfolio. Your insights will not only shape our trading decisions but also play a key role in providing ancillary services that enhance our market presence. 

What skills/experience do I need to be successful? 

• Proven experience in energy trading with a focus on spot markets, preferably with exposure to renewable generation and flexible electricity generation assets;
• Proven leadership experience with the ability to drive team performance and foster a collaborative environment;
• Working in a fast-paced trading environment, ability to make decisions under pressure and provide a clear course of action;
• Excellent analytical and quantitative skills with proficiency in trading software and data analysis tools;
• In-depth understanding of the principles and concepts of European electricity and gas markets, infrastructure and key players;
• Knowledge of balancing mechanisms and ancillary service markets, relationship with wholesale markets.

How will I spend my time in this role? 

• Spearhead and mentor a team of Spot Traders and ensure smooth running of the 24/7 operations;
• Develop and implement a comprehensive spot trading strategy which is aligned with the Company’s overall business objectives and market conditions;
• Monitor market trends, pricing dynamics and regulatory developments to identify trading opportunities and inform decision-making;
• Establish and oversee risk management protocols to mitigate risk and ensure compliance with risk limits, trading control procedures and regulations;
• Work closely with other departments, including other trading desks, finance and compliance to ensure alignment of trading strategies with organisational goals;
• Analyse trading performance metrics and generate reports to evaluate effectiveness, adjust strategies and optimise results;
• Build and maintain relationships with key stakeholders, including market participants, regulatory bodies and industry associations;
• Stay up to date of best practices in trading operations and technology advancements, suggest and implement improvements to enhance efficiency and effectiveness.

What sets us apart?

• Global Impact: With offices in the UK, US, and Australia, and plans for further expansion, you'll be part of a dynamic, globally-minded team, with opportunities to explore new markets and make a difference on a global scale.

• Flexible Working: Embrace the freedom to work from anywhere in the world for up to 30 days a year. We prioritize work-life balance, recognizing that your well-being matters. Check out all our benefits here

• Commitment to Diversity and Inclusion: We celebrate our diverse culture and value individuals irrespective of background, disability, religion, gender identity, sexuality, or ethnicity. Join a team where diversity is not just welcomed but celebrated as a key driver of growth and innovation.

What does hybrid working mean to us?

Hybrid working typically means 2 days in the office location listed on this advert and 3 days working at home each week. Some occasional travel to our other offices may be required.

What happens next?

Once we receive your application, it will be reviewed by a human – no bots here! The average process typically takes around 2-3 weeks, with 2 stages of video interviews using Teams. However, this can vary depending on the role. We may invite you for a face-to-face meeting or require only 1 video interview. If you have any questions or need support, our Recruitment Team is here to assist you.

Ready to join us on our journey to digitise, decarbonise, and localize the future of energy? Apply now.

We're committed to making the application process easy and comfortable. Let us know how we can help you with any reasonable adjustments that can be tailored to your needs. At the bottom of each of our adverts you can find one of our recruitment teams' contact details. Please reach out so we can discuss with you further.

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