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 43200 - 72000 £ 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.
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.
At Macquarie, you're empowered to shape a career that's rewarding in all the ways that matter most to you. Macquarie employees can access a wide range of benefits which, depending on eligibility criteria, include:
- 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.
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.
Lead Discretionary Trader in London 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 in London
✨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, create a portfolio or a blog to showcase your insights. This not only demonstrates your expertise but also makes you memorable to potential employers.
✨Tip Number 3
Prepare for interviews by diving deep into Macquarie’s trading strategies and recent market trends. Tailor your responses to highlight how your experience aligns with their goals. Remember, it’s all about showing them you’re the perfect fit!
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, it shows you’re genuinely interested in being part of the Macquarie team. Let’s get you that dream job!
We think you need these skills to ace Lead Discretionary Trader in London
Some tips for your application 🫡
Tailor Your Application: Make sure to customise your CV and cover letter for the Lead Discretionary Trader role. Highlight your experience in intraday power trading and any relevant strategies you've developed. We want to see how your skills align with our dynamic team!
Showcase Your Collaboration Skills: Since this role involves working closely with algorithmic traders and quants, emphasise your teamwork experience. Share examples of how you've collaborated in high-pressure environments to drive results. We love a good team player!
Demonstrate Your Market Knowledge: Dive into your understanding of European, Japanese, or US power markets. Discuss specific pricing dynamics and trading strategies you've successfully implemented. This will show us you're not just familiar with the market but can navigate it effectively.
Apply Through Our Website: We encourage you to apply directly through our website. It’s the best way to ensure your application gets the attention it deserves. Plus, it shows us you’re keen on joining our awesome team at Macquarie!
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 highlight your ability to contribute to a team-oriented culture.
✨Demonstrate Your Mentorship Skills
As a Senior Intraday Trader, you'll be expected to mentor junior traders. Think of instances where you've guided others or led training sessions. Be ready to explain your approach to mentorship and how you help others develop their trading strategies.
✨Prepare for High-Pressure Scenarios
Given the fast-paced nature of intraday trading, it's crucial to demonstrate your ability to thrive under pressure. Prepare to discuss past experiences where you've successfully navigated high-stress situations, ensuring compliance and maintaining accuracy in reporting. This will reassure them that you can handle the demands of the role.