At a Glance
- Tasks: Join us as an Energy Trader, managing daily trading in Power, Gas, and UK ETS markets.
- Company: Forsa Energy operates flexible gas generation assets, aiming to innovate in the GB power market.
- Benefits: Enjoy a competitive salary, healthcare, 30 days leave, and a bonus scheme with hybrid work options.
- Why this job: Be part of a dynamic team optimising energy trading while learning and growing in a fast-paced environment.
- Qualifications: A numerate degree is preferred; experience in energy trading is a plus but not essential.
- Other info: Candidates must have the right to work in the UK; training will be provided for new traders.
The predicted salary is between 36000 - 60000 £ per year.
Location: Edinburgh, Scotland
Edinburgh: full-time, permanent role (hybrid)
Competitive salary and benefits
About Forsa Energy
Forsa owns and operates flexible gas generation assets in the GB power & gas market. We are currently looking to further develop our capabilities in the GB power markets in order to improve the way we make commercial decisions and adapt to an ever-changing market. The business combines the technical capabilities of developing projects with the financial capabilities creating a strong foundation from which to establish a significant presence in this market. To date the current operational portfolio is 300 MW, with additional projects in the pipeline. Forsa Energy is also planning to expand its operations to include solar, wind, battery and other complimentary technologies.
About the role
Forsa Trading is looking to hire up to three Energy Traders as part of the optimisation of Forsa's fleet of flexible gas generation. You will be responsible for day-to-day trading activities in Power, Gas, and UK ETS markets related to Forsa's Asset Generation; this will include carrying out Balancing Mechanism and wholesale trading optimisation operations in coordination with our Operations Teams and Trading Analyst, and our Senior Trader.
Main role responsibilities and expectations:
- Carrying out Trading Operations under the direction of the Senior Trader and the Commercial Director, including Short Term Wholesale Power, Balancing Mechanism Operations, Carbon Emission Allowance Procurement, and coordination with Gas Suppliers/Shippers
- Contribute to market understanding and improving trading performance
- Ensure trading compliance with internal policies relating to risk management
Required qualifications and competencies:
- Numerate degree, preferably STEM or business related
- Preferably some experience in energy trading or a similar role; however, we are open to candidates that are new to energy trading
- EPEX Spot Training to trade on the GB Continuous Market is desirable; but this can be provided if necessary
- Critical and analytical thinking as well as problem solving skills
- Entrepreneurial attitude; and a willingness to learn on the job
- Ability to take direction and learn from the existing team but also to show initiative and to assume responsibility on processes
- Proactive rather than reactive, positive and enthusiastic
- Fluent English required (fluency in another European language is a plus)
- Comfortable working in shift patterns with other traders, which may include unsociable hours and weekends
- Flexible to travel within the UK on occasion
What you can expect from Forsa:
- An exciting role with a new trading desk optimising flexible generation in the UK
- Training to enable you to trade for our assets
- Competitive salary and benefits package including healthcare, 30 days annual leave, discretionary bonus scheme and defined contribution pension scheme
Please note that candidates must have the right to work in the UK. Apply now with your CV.
Energy Trader employer: Ortolan
Contact Detail:
Ortolan Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Energy Trader
✨Tip Number 1
Familiarise yourself with the UK energy market, especially the Balancing Mechanism and ETS markets. Understanding these areas will not only help you in interviews but also demonstrate your genuine interest in the role.
✨Tip Number 2
Network with professionals in the energy trading sector. Attend industry events or webinars to connect with current traders and learn about their experiences. This can provide valuable insights and potentially lead to referrals.
✨Tip Number 3
Stay updated on current trends and news in the energy sector. Being knowledgeable about recent developments can give you an edge during discussions with the hiring team and show that you're proactive.
✨Tip Number 4
Consider seeking out mentorship from someone already working in energy trading. They can offer guidance, share their experiences, and help you navigate the complexities of the role, making you a more attractive candidate.
We think you need these skills to ace Energy Trader
Some tips for your application 🫡
Understand the Role: Before applying, make sure you fully understand the responsibilities and expectations of the Energy Trader position. Familiarise yourself with energy trading concepts, especially in relation to Power, Gas, and UK ETS markets.
Tailor Your CV: Highlight relevant experience and skills that align with the job description. If you have any background in energy trading or related fields, make sure to emphasise that. Use specific examples to demonstrate your analytical and problem-solving abilities.
Craft a Compelling Cover Letter: Write a cover letter that showcases your enthusiasm for the role and the company. Mention why you are interested in Forsa Energy and how your skills can contribute to their goals in the GB power markets.
Proofread Your Application: Before submitting, carefully proofread your CV and cover letter for any spelling or grammatical errors. A polished application reflects your attention to detail and professionalism, which is crucial in the trading industry.
How to prepare for a job interview at Ortolan
✨Understand the Energy Market
Familiarise yourself with the current trends in energy trading, especially in the UK power and gas markets. Being able to discuss recent developments or changes in regulations will show your genuine interest and knowledge about the industry.
✨Showcase Analytical Skills
Prepare to demonstrate your critical and analytical thinking abilities. You might be asked to solve a problem or analyse a scenario related to trading operations, so practice articulating your thought process clearly.
✨Highlight Team Collaboration
Since the role involves working closely with other traders and teams, be ready to share examples of how you've successfully collaborated in past roles. Emphasise your ability to take direction while also showing initiative.
✨Prepare for Shift Work Discussion
Be honest about your flexibility regarding shift patterns, including unsociable hours. It’s important to convey your willingness to adapt to the demands of the trading environment, as this is a key aspect of the role.