At a Glance
- Tasks: Lead a new intraday trading desk, blending systematic models with market insights.
- Company: Join Macquarie Group, a global leader in financial services with a collaborative culture.
- Benefits: Enjoy 25+ days of leave, paid parental leave, and wellness initiatives.
- Other info: Diverse and inclusive workplace with excellent career progression opportunities.
- Why this job: Shape the future of power trading while mentoring junior traders in a dynamic environment.
- Qualifications: 3+ years in intraday power trading with strong analytical and mentoring skills.
The predicted salary is between 80000 - 100000 € 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.
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.
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.
Lead Discretionary Trader - Macquarie Group in London employer: Macquarie Group
Macquarie Group is an exceptional employer that fosters a collaborative and entrepreneurial work culture, empowering employees to shape their careers while contributing to innovative trading strategies. With a strong focus on employee wellbeing, the company offers generous benefits including extensive leave options, professional development opportunities, and a commitment to diversity and inclusion, making it an ideal place for those seeking meaningful and rewarding employment in the dynamic field of intraday power trading.
StudySmarter Expert Advice🤫
We think this is how you could land Lead Discretionary Trader - Macquarie Group in London
✨Tip Number 1
Network like a pro! Reach out to current or former employees at Macquarie on LinkedIn. A friendly chat can give you insider info and maybe even a referral, which can really boost your chances.
✨Tip Number 2
Prepare for the interview by brushing up on your knowledge of European power markets. Be ready to discuss your trading strategies and how they align with Macquarie's goals. Show them you're not just a trader, but a strategic thinker!
✨Tip Number 3
Practice your pitch! You’ll want to clearly articulate your experience and how it fits into the role. Think about specific examples where you've successfully collaborated with teams or mentored others—those stories will make you stand out.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets seen. Plus, it shows you’re genuinely interested in being part of the Macquarie team.
We think you need these skills to ace Lead Discretionary Trader - Macquarie Group in London
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the Lead Discretionary Trader role. Highlight your experience in intraday power trading and any relevant skills that align with what Macquarie is looking for. We want to see how you can bring value to our new desk!
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you're excited about this opportunity at Macquarie and how your background makes you a perfect fit. Don’t forget to mention your collaborative spirit and leadership experience!
Showcase Your Achievements:When detailing your experience, focus on specific achievements that demonstrate your success in high-pressure trading environments. Numbers speak volumes, so include metrics where possible to show how you've contributed to past teams.
Apply Through Our Website:We encourage you to apply directly through our website. It’s the best way to ensure your application gets into the right hands. Plus, it shows us you’re serious about joining our team at Macquarie!
How to prepare for a job interview at Macquarie Group
✨Know Your Markets
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 Collaboration Skills
Since the role involves working closely with algorithmic traders and quants, be prepared to share examples of how you've successfully collaborated in the past. Highlight any experiences where you enhanced tools or developed models together, as this will demonstrate your ability to work in a team-oriented environment.
✨Prepare for High-Pressure Scenarios
Given the fast-paced nature of intraday trading, think of specific instances where you've thrived under pressure. Be ready to discuss how you managed risk and maintained compliance while executing trades. This will help illustrate your capability to handle the demands of the role.
✨Mentorship Matters
As a potential leader, it's crucial to convey your mentoring experience. Prepare to talk about how you've guided junior traders or team members in the past. Discuss any structured training programs you've designed or delivered, as this will highlight your commitment to developing others in the field.