At a Glance
- Tasks: Lead a new intraday trading desk, blending systematic models with market insights.
- Company: Join Macquarie, a global financial powerhouse with a collaborative culture.
- Benefits: Enjoy 25+ days of leave, paid parental leave, and wellness initiatives.
- Why this job: Shape the future of power trading while mentoring the next generation of traders.
- Qualifications: 3+ years in intraday power trading with strong analytical and leadership skills.
- Other info: Dynamic environment with excellent career progression and diverse team support.
The predicted salary is between 36000 - 60000 ÂŁ per year.
The Intraday Trading team is a new desk in Macquarie. The desk covers proprietary Intraday power trading across European markets and is leading expansion into new territories leaning on Macquarie’s existing infrastructure to accelerate this. We are in the stages of gaining market access and building an internal framework to support dynamic, technology-driven systematic and discretionary trading. We are at an advanced stage developing proven strategies and when established will play a pivotal role in Macquarie’s global commodities business. We foster a collaborative and entrepreneurial environment, leveraging fundamental, quantitative, and technical analysis to identify trading opportunities and deliver consistent results. Our focus is on generating strong risk-adjusted returns and expanding Macquarie’s capabilities in the power trading space.
At Macquarie, our advantage is bringing together diverse people and empowering them to shape all kinds of possibilities. We are a global financial services group operating in 31 markets and with 56 years of unbroken profitability. You’ll be part of a friendly and supportive team where everyone – no matter what role – contributes ideas and drives outcomes.
As a Senior Intraday Trader, you will play a key role in building and shaping a new intraday discretionary trading desk within a fast paced, high energy environment. You will operate at the intersection of systematic models and discretionary market insight, creating a continuous improvement loop that enhances strategy performance and execution.
You will collaborate closely with algorithmic traders, quants, and settlement teams to align expertise, strengthen cross functional development, and drive innovation across the desk. In addition, you will design and deliver structured training programs, providing junior traders with hands on exposure to live market conditions. Through mentorship and guided execution of your trading strategies, you will support their development as they progress toward building robust strategies of their own. You will stay ahead of market trends, regulatory developments, and emerging technologies, contributing insights that shape the firm’s broader trading strategy. This is a unique opportunity that offers excellent progression potential and exposure to various desks within Macquarie.
We are seeking an experienced Intraday Power Trader and leader with deep knowledge of intraday power markets with a strong discretionary background, and a proven track record of supporting and guiding profitable algorithmic strategies.
What you offer
- Proven experience in a senior role within a short term speculative intraday power trading team (minimum 3+ years).
- Deep understanding of European, Japanese, or US power markets—including pricing dynamics and intraday trading strategies—with strong capability to manage risk, ensure accurate reporting, and maintain compliance.
- Experience collaborating with analysts and algorithmic trading teams to enhance tools and develop deep learning models for market forecasting.
- Ability to support the development of models, dashboards, and forecasting processes to strengthen analytical and trading workflows.
- Skilled in analyzing historical data and market behaviour to continuously improve signal quality, while ensuring compliance with all relevant regulations.
- Demonstrated ability to mentor, guide, and lead team members effectively.
- Demonstrated success in high‑pressure trading environments and collaborative team settings, with fluency in English and proficiency in additional languages considered an advantage.
We love hearing from anyone inspired to build a better future with us, if you’re excited about the role or working at Macquarie we encourage you to apply.
What we offer
- 1 wellbeing leave day per year and a minimum of 25 days of annual leave.
- 26 weeks’ paid parental leave for primary caregivers along with 12 days of paid transition leave upon return to work and 6 weeks’ paid leave for secondary caregivers.
- Paid fertility leave for those undergoing or supporting fertility treatment.
- 2 days of paid volunteer leave and donation matching.
- Access to a wide range of salary sacrificing options.
- Benefits and initiatives to support your physical, mental and financial wellbeing including, comprehensive medical and life insurance cover.
- Access to our Employee Assistance Program, a robust behavioural health network with counselling and coaching services.
- Access to a wide range of learning and development opportunities, including reimbursement for professional membership or subscription.
- Access to company funded emergency and backup dependent care services.
- Recognition and service awards.
- Hybrid and flexible working arrangements, dependent on role.
- Reimbursement for work from home equipment.
About Commodities and Global Markets
Commodities and Global Markets is a global business offering capital and financing, risk management, market access, physical execution and logistics solutions to its diverse client base across Commodities, Financial Markets and Asset Finance.
Our commitment to diversity, equity and inclusion
We are committed to providing a working environment that embraces diversity, equity, and inclusion. We encourage people from all backgrounds to apply regardless of their identity, including age, disability, neurodiversity, gender (including gender identity or expression), sexual orientation, marriage or civil partnership, pregnancy, parental status, race (including ethnic or national origin), religion or belief, or socio-economic background. We welcome further discussions on how you can feel included and belong at Macquarie as you progress through our recruitment process. Our aim is to provide reasonable adjustments to individuals as required during the recruitment process and in the course of employment. If you require additional assistance, please let us know during the application process.
Lead Discretionary Trader employer: Macquarie Bank Limited
Contact Detail:
Macquarie Bank Limited Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Lead Discretionary Trader
✨Tip Number 1
Network like a pro! Get out there and connect with people in the industry. Attend trading events, webinars, or even local meetups. You never know who might have the inside scoop on job openings or can put in a good word for you.
✨Tip Number 2
Show off your skills! If you’ve got a knack for trading strategies or market analysis, consider sharing your insights on platforms like LinkedIn or even starting a blog. This not only showcases your expertise but also gets you noticed by potential employers.
✨Tip Number 3
Don’t just apply – engage! When you find a role that excites you, reach out to someone at the company. A quick message expressing your interest can make a huge difference. Plus, it shows you’re proactive and genuinely interested in the position.
✨Tip Number 4
Keep learning! The trading world is always evolving, so stay ahead of the game by picking up new skills or certifications. Whether it’s a course on algorithmic trading or risk management, showing that you’re committed to growth can set you apart from the competition.
We think you need these skills to ace Lead Discretionary Trader
Some tips for your application 🫡
Tailor Your Application: Make sure to customise your CV and cover letter to highlight your experience in intraday power trading. We want to see how your skills align with the role, so don’t hold back on showcasing your relevant achievements!
Show Your Passion: Let your enthusiasm for trading shine through! Share why you’re excited about joining Macquarie and how you can contribute to our dynamic team. A bit of personality goes a long way in making your application stand out.
Be Clear and Concise: When writing your application, keep it straightforward and to the point. We appreciate clarity, so avoid jargon and make sure your key points are easy to spot. This helps us quickly see what you bring to the table!
Apply Through Our Website: We encourage you to submit your application directly through our website. It’s the best way to ensure your application gets into the right hands and allows us to process it efficiently. Plus, you’ll find all the details you need there!
How to prepare for a job interview at Macquarie Bank Limited
✨Know Your Markets Inside Out
Make sure you brush up on your knowledge of European, Japanese, and US power markets. Understand the pricing dynamics and intraday trading strategies that are relevant to the role. Being able to discuss recent market trends or regulatory changes will show that you're not just knowledgeable but also proactive.
✨Showcase Your Collaborative Spirit
Since the role involves working closely with algorithmic traders and quants, be prepared to discuss your experience in collaborative environments. Share specific examples of how you've worked with others to enhance trading tools or develop models. This will demonstrate your ability to contribute to a team-focused atmosphere.
✨Highlight Your Mentorship Skills
As a Senior Intraday Trader, you'll be expected to mentor junior traders. Prepare to talk about your past experiences in guiding others, whether through structured training programs or hands-on mentorship. Highlight any success stories where your guidance led to improved performance or strategy development.
✨Demonstrate Your Analytical Prowess
Be ready to discuss how you've used historical data and market behaviour analysis to improve trading signals. Bring examples of dashboards or forecasting processes you've developed. This will showcase your analytical skills and your commitment to continuous improvement, which is crucial for this role.