Trading Analyst

Trading Analyst

Portsmouth 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 where innovation meets sustainability. With a strong commitment to employee growth, we provide comprehensive benefits including private healthcare, a generous pension plan, and opportunities for professional development. Our inclusive culture fosters collaboration and respect, making Drax not just a workplace, but a community dedicated to shaping a sustainable future together.
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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 and potentially lead to referrals.

✨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 contribute to the team from day one.

We think you need these skills to ace Trading Analyst

Fundamental Analysis
Trading Strategies
Model Development
Market Intelligence
Competitor Analysis
Statistical Modelling
SQL
Python
Excel
Business Intelligence Tools (Power BI)
Data Management
Linear Programming
Mixed Integer Programming
Commercial Optimisers
Problem-Solving 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 and support traders in making informed decisions.

Proofread Your Application: Before submitting your application, carefully proofread all documents for spelling and grammatical errors. A polished application reflects your attention to detail and professionalism, which are crucial for a role like Trading Analyst.

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 statistical knowledge and be prepared to discuss how you've used tools like SQL, Python, or Excel in past projects. Be ready to explain your approach to data analysis and modelling.

✨Understand the Market

Familiarise yourself with the UK power markets and current trends in renewable energy. Be prepared to discuss recent developments in the sector and how they might impact trading strategies. Showing that you’re informed will impress your interviewers.

✨Demonstrate Problem-Solving Skills

Expect to face scenario-based questions where you’ll need to demonstrate your analytical thinking. Prepare examples of how you've tackled complex problems in the past, especially those involving linear programming or optimisation techniques.

✨Show Team Spirit

The role involves working closely with traders and other team members. Highlight your collaborative experiences and how you’ve contributed to team success in previous roles. Emphasising your ability to support and direct others will resonate well with the interviewers.

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