Trading Analyst

Trading Analyst

Ipswich Full-Time 36000 - 60000 £ / year (est.) Home office (partial)
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At a Glance

  • Tasks: Join our Trading and Optimisation team to analyse markets and support trading strategies.
  • Company: Drax is a leader in renewable energy, committed to a sustainable future.
  • Benefits: Enjoy private healthcare, a generous pension plan, and 25 days holiday plus bank holidays.
  • Why this job: Make a real impact on climate change while developing your analytical skills in a supportive environment.
  • Qualifications: Degree in science, maths, economics, or engineering; knowledge of UK power markets preferred.
  • Other info: Hybrid working model with 3 days in the office; apply by 31st July 2025.

The predicted salary is between 36000 - 60000 £ per year.

Trading Analyst Permanent Selby/London/hybrid (3 days per week in the office)CLOSING DATE – 31st July 2025Who we are: We’re not just talking about making a difference, we’re making it happen. We generate dispatchable, renewable power and create stable energy in an uncertain world. Building on our proud heritage, we have ambition to become the global leader in sustainable biomass and carbon removals. You’ll be joining our teams of practical doers, future thinkers and business champions. We’re enabling a zero carbon, lower cost energy future for all, and working hard to decarbonise the planet for generations to come. About the role: As part of the Trading and Optimisation team, the Trading Analyst will; Provide robust fundamental analysis, engage in trading strategies, develop and maintain models, review past analysis, own pricing tools and trading-decision models such as European Pricing models, option pricing and simulation models. Provide market and competitor intelligence and be spotting areas to add value.Be a key member of the team to support and direct the traders towards value, enabling them to make quick and informed decisions.Who we’re looking for: To be successful in this role you’ll ideally have… – Degree level education in a subject along the lines of science, maths, economics or engineering- A working knowledge of UK power markets and experience and understanding of power generation units – Solid experience with statistical and fundamental modelling using IT techniques such as; SQL, Python, Excel, Business Intelligence tools (Power BI); and be able to apply a pragmatic approach to large data structures.- A good understanding of the methods underlying linear and mixed integer programming with experience of building models and solving them with commercial optimisers would be beneficial. Rewards and benefits: As you help us to shape the future, we’ve shaped our rewards and benefits to help you thrive and support your lifestyle. If successful in this role you’ll get: – A discretionary bonus depending on company performance – Private Healthcare with Vitality – SAYE (Sharesave): discretionary scheme from time to time – Personal accident cover – Group personal pension plan where we’ll pay up to 10% – Holiday 25 days plus bank holidays – Reimbursement of the cost of your annual membership of one relevant and appropriate professional body We’re committed to making a tangible impact on the climate challenge we all face. Drax is where your individual purpose can work alongside your career drive. We work as part of a team that shares a passion for doing what’s right for the future. With Drax you can shape your career and a future for generations to come. Together, we make it happen. At Drax, we’re committed to fostering an environment where everyone feels valued and respected, regardless of their role. To make this a reality, we actively work to better represent the communities we operate in, foster inclusion, and establish fair processes. Through these actions, we build the trust needed for all colleagues at Drax to contribute their perspectives and talents, no matter their background. Find out more about our approach here. How to apply: Think this role’s for you? Click the ‘apply now’ button to begin your Drax journey. If you want to find out more about Drax, check out our LinkedIn page to see our latest news. We understand that you may have some additional questions about the role. If you’d like to have a confidential chat to discuss the role in more detail, please email careers@drax.com We reserve the right to close roles early when the particular role and / or location has had sufficient applications.

Trading Analyst employer: Drax

Drax is an exceptional employer, offering a dynamic work environment in Selby/London where you can contribute to a sustainable future while developing your career as a Trading Analyst. With a strong focus on employee growth, competitive benefits including private healthcare and a generous pension plan, and a culture that values diversity and inclusion, Drax empowers its team members to make a meaningful impact in the renewable energy sector. Join us to be part of a passionate team dedicated to decarbonising the planet and shaping a better tomorrow.
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Contact Detail:

Drax Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Trading Analyst

✨Tip Number 1

Familiarise yourself with the UK power markets and current trends in renewable energy. This knowledge will not only help you understand the role better but also allow you to engage in meaningful conversations during interviews.

✨Tip Number 2

Brush up on your statistical and fundamental modelling skills, particularly with tools like SQL, Python, and Excel. Being able to demonstrate your proficiency in these areas can set you apart from other candidates.

✨Tip Number 3

Network with professionals in the energy sector, especially those involved in trading and optimisation. Attend industry events or webinars to make connections that could provide insights or even referrals for the position.

✨Tip Number 4

Prepare to discuss specific examples of how you've used data analysis to drive decision-making in previous roles. Highlighting your practical experience will show that you're ready to support traders effectively.

We think you need these skills to ace Trading Analyst

Fundamental Analysis
Trading Strategies
Model Development and Maintenance
Market Intelligence
Competitor Analysis
Statistical Modelling
SQL
Python
Excel
Business Intelligence Tools (Power BI)
Data Management
Linear Programming
Mixed Integer Programming
Commercial Optimisation
Problem-Solving Skills
Attention to Detail
Communication Skills

Some tips for your application 🫡

Understand the Role: Before applying, make sure you fully understand the responsibilities and requirements of the Trading Analyst position. Familiarise yourself with the key skills mentioned in the job description, such as statistical modelling and knowledge of UK power markets.

Tailor Your CV: Customise your CV to highlight relevant experience and skills that align with the job description. Emphasise your educational background in science, maths, economics, or engineering, and any practical experience with SQL, Python, or Excel.

Craft a Compelling Cover Letter: Write a cover letter that showcases your passion for renewable energy and your understanding of the company's mission. Mention specific examples of how your skills can contribute to the Trading and Optimisation team.

Proofread Your Application: Before submitting, carefully proofread your application materials for any spelling or grammatical errors. A polished application reflects your attention to detail and professionalism.

How to prepare for a job interview at Drax

✨Know Your Numbers

As a Trading Analyst, you'll be dealing with data and models. Brush up on your knowledge of UK power markets and be prepared to discuss specific metrics or trends that are currently relevant. This shows your understanding of the industry and your analytical skills.

✨Demonstrate Technical Proficiency

Make sure you can talk confidently about your experience with SQL, Python, Excel, and Business Intelligence tools like Power BI. Be ready to provide examples of how you've used these tools in past roles to solve problems or improve processes.

✨Showcase Your Problem-Solving Skills

Prepare to discuss how you've approached complex modelling tasks in the past. Highlight your experience with linear and mixed integer programming, and be ready to explain how you built and solved models using commercial optimisers.

✨Engage with the Company’s Mission

Drax is focused on sustainability and decarbonisation. Familiarise yourself with their mission and values, and think about how your personal goals align with theirs. Showing genuine interest in their work can set you apart from other candidates.

Trading Analyst
Drax
Location: Ipswich
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  • Trading Analyst

    Ipswich
    Full-Time
    36000 - 60000 £ / year (est.)
  • D

    Drax

    3000+
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