At a Glance
- Tasks: Own and develop trading strategies for a new intraday power trading desk.
- Company: Join a major investment bank with a strong backing and innovative vision.
- Benefits: Top-tier compensation, performance bonuses, and collaborative work environment.
- Other info: Immediate start with opportunities for growth and direct stakeholder engagement.
- Why this job: Be part of a pioneering team shaping the future of trading across Europe and Asia.
- Qualifications: Two years of experience in algorithmic trading and strong market knowledge required.
The predicted salary is between 50000 - 70000 £ per year.
Ground floor opportunities at Tier 1 banks don't come around often. This is one of them. We're working with a major investment bank that is building out a systematic intraday power trading desk from scratch. The infrastructure is in place, the headcount is approved, and the desk head is an experienced intraday professional who has done this before.
The opportunity: You'll be joining a small, high-calibre team at the earliest stage of a build that has full institutional backing. Your strategies won't sit in a backlog—they'll be deployed, have real risk allocated to them, and you'll present them directly to senior stakeholders yourself. The desk is systematic at its core but the long-term vision is hybrid, and there is genuine scope to shape what that looks like. The platform you'll be working on is best-in-class. The trajectory—from UK and France today to a broader European footprint and eventually Asian markets—is real and already in motion.
What we're looking for:
- Minimum two years experience with deployed algorithmic strategies and demonstrable P&L contribution
- Strong European intraday power market knowledge—UK, French or German markets preferred
- Python proficiency and the ability to work across the full strategy lifecycle
- The character and gravitas to present strategies to senior stakeholders and carry risk independently
- Collaborative by nature—this is a team desk, not a siloed book
We will also consider strong analytical candidates who have developed models that were deployed by a discretionary team, provided you can demonstrate the appetite and attributes to make the step up to trader.
The structure: Top tier compensation structure. Performance bonus structured as a percentage of strategy revenue on a collaborative desk model. Dubai-based with London optionality for the right candidate.
Why now: The desk is live, the headcount is approved and the timeline is immediate. Non-competes of up to six months are workable. If this sounds like the right next move, or if you know someone it might suit, get in touch directly.
Quantitative Trader — Intraday Power | Major Investment Bank | Dubai / London employer: Lodestone
Lodestone offers an exceptional work environment for quantitative traders, combining the dynamic energy of a hybrid Dubai/London desk with the opportunity to shape innovative trading strategies from inception to execution. Our culture fosters collaboration and growth, providing employees with the chance to present their insights to senior stakeholders while being part of a high-calibre team that values both professional development and work-life balance.