At a Glance
- Tasks: Execute innovative trading strategies in the dynamic power markets of GB and EU.
- Company: Join a leading energy firm with a strong focus on market impact.
- Benefits: Competitive salary, mentorship opportunities, and a collaborative work environment.
- Why this job: Make a real difference in the energy sector while honing your trading skills.
- Qualifications: 7-10 years of trading experience with a strong track record in power markets.
- Other info: Opportunity to mentor junior traders and grow within a fast-paced industry.
The predicted salary is between 72000 - 108000 Β£ per year.
We are seeking an experienced Senior Power Trader to strengthen our London trading team. This is a high-impact role for a Senior Power Trader with a strong track record of proprietary trading P&L generation in power curve markets. You will identify opportunities in the power markets by leveraging market insight and quantitative analysis, then design and execute forward-market trade strategies across GB and EU power curves.
Key Responsibilities
- Develop and execute directional and spread trade strategies across UK and Europe power curves.
- Manage positions down the curve in response to fundamental, technical, fuel/emission prices and weather-driven signals.
- Identify pricing inefficiencies and distortions between markets, tenors, and products to generate P&L.
- Analyse fundamental, regulatory, and market data to generate trade ideas and stress-test scenarios.
- Collaborate with quants to enhance models affecting power price formation, volatility, and cross-commodity dynamics.
- Work with the analyst team to maintain supply/demand models factoring trends and generation mix changes.
- Take ownership of trade strategies using VAR limits, P&L performance and trade management techniques.
- Work with Risk to maintain accurate position management.
- Adhere strictly to compliance and regulatory guidelines applicable to European and UK power markets and to ExxonMobil policies.
- Have and maintain strong relationships with brokers, market participants, and counterparties to support deal flow business and market access.
- Mentor junior traders and contribute to widening desk capability and strategy development.
Technical & Analytical Skills
- Proficiency in analysing large datasets; working knowledge of Python, SQL, and advanced Excel preferred.
- Ability to work with quantitative teams on improving models, signals, and analytics that support trading strategy.
Competencies
- Highly numerate, decisive, and comfortable taking well-considered risk.
- Excellent communication skills and the ability to articulate trade rationale clearly.
- Strong situational awareness, discipline, and an ability to operate effectively in fast-moving markets.
Experience & Track Record
- 7β10 years trading GB/EU power curve markets with a demonstrable speculative P&L and proven commercial impact.
- Deep understanding of power markets, ideally including experience with forward asset optimization.
- Strong relationships with market counterparties and experience of deal development.
Senior Power Trader in London employer: ExxonMobil
Contact Detail:
ExxonMobil Recruiting Team
StudySmarter Expert Advice π€«
We think this is how you could land Senior Power Trader in London
β¨Tip Number 1
Network like a pro! Get out there and connect with industry folks, attend trading events, and join relevant online forums. The more people you know in the power trading scene, the better your chances of landing that Senior Power Trader role.
β¨Tip Number 2
Show off your skills! Prepare to discuss your trading strategies and past successes in detail during interviews. Be ready to explain how you've identified market inefficiencies and generated P&L β this is your time to shine!
β¨Tip Number 3
Stay updated on market trends! Keep an eye on regulatory changes, fuel prices, and weather patterns that affect power markets. This knowledge will not only help you in interviews but also show potential employers that you're genuinely passionate about the field.
β¨Tip Number 4
Apply through our website! We love seeing candidates who are proactive. Make sure to submit your application directly on our site, and donβt hesitate to follow up if you havenβt heard back. It shows your enthusiasm and commitment!
We think you need these skills to ace Senior Power Trader in London
Some tips for your application π«‘
Show Off Your Trading Experience: When you're writing your application, make sure to highlight your experience in trading GB/EU power curve markets. We want to see your track record of generating P&L and any specific strategies you've successfully executed.
Be Data-Driven: Since this role involves a lot of market analysis, donβt shy away from showcasing your analytical skills. Mention any tools or programming languages youβre proficient in, like Python or SQL, and how you've used them to inform your trading decisions.
Communicate Clearly: We value excellent communication skills, so ensure your application is clear and concise. Articulate your trade rationale and experiences in a way thatβs easy to understand, even for those not deeply entrenched in trading.
Apply Through Our Website: Finally, make sure to apply through our website! Itβs the best way for us to receive your application and ensures youβre considered for the role. We canβt wait to see what you bring to the table!
How to prepare for a job interview at ExxonMobil
β¨Know Your Markets Inside Out
Before the interview, dive deep into the current trends and dynamics of the GB and EU power markets. Be prepared to discuss recent market movements, pricing inefficiencies, and how you would leverage your insights to generate P&L. This shows that you're not just a trader but someone who actively engages with the market.
β¨Showcase Your Analytical Skills
Since the role requires proficiency in analysing large datasets and using tools like Python and SQL, be ready to share specific examples of how you've used these skills in past roles. Discuss any models you've developed or improved, and how they impacted your trading strategies.
β¨Demonstrate Your Risk Management Approach
Risk management is crucial in trading. Prepare to explain your approach to managing positions and adhering to VAR limits. Share examples of how you've navigated challenging market conditions while maintaining compliance with regulatory guidelines.
β¨Build Rapport with Your Interviewers
Trading is as much about relationships as it is about numbers. Use the interview to connect with your interviewers by discussing your experiences collaborating with brokers and market participants. Highlight your mentoring experience with junior traders to show your leadership potential and commitment to team growth.