At a Glance
- Tasks: Lead trading strategies and manage power market exposures across Europe.
- Company: Join Shell, a key player in the UK's energy transition and sustainability efforts.
- Benefits: Enjoy flexible working hours, remote options, and competitive pay with annual increases.
- Why this job: Be part of a diverse team tackling global energy challenges while developing your skills.
- Qualifications: Significant experience in power trading, especially in European markets, is essential.
- Other info: Shell values diversity and encourages applicants from all backgrounds to apply.
The predicted salary is between 48000 - 72000 £ per year.
Job Description
The Senior Power Trader plays a key role in the EU Power and Certs Trading Desk, as a senior power trader across the CWE markets.
The EU Power Trading team itself, part of Shell Energy Europe & Africa's (SE-EA) European Power Trading team, is responsible for the proprietary trading, and the management of a growing portfolio comprising customer demand, renewable, batteries and thermal generation. The team manages exposures down the curve through to delivery.
What you'll be doing
Main opportunity, challenges and responsibilities:
- Construct trading strategies, take positions and manage exposures from both traded strategies and across the asset portfolio based on analysis of fundamental, weather and technical market conditions across multiple markets
- Ability to spot distortions between geographies, tenors, and generation type.
- Understand and communicate risks being taken
- Supporting the development of the desk's capabilities, portfolio and fundamental model
- Working with external (and internal) customers alongside business development to bring in new structures to the book, or deal types to help optimise existing exposures.
- Staying on top of the latest regulatory and market developments
- Observe and strictly comply with all regulatory guidelines, and within mandated authorities.
- Coach & educate junior colleagues.
What you bring
We are keen to hear from experienced trading professionals and likely to be a strong contender if you have hands on experience in the following:
- Significant years in power curve trading experience, with focus on the European Markets (especially Germany and Netherlands), with a proven track record
- Established network with other market participants and industry players
- Deep understanding of physical power markets, ideally with previous experience in managing assets (thermal and renewable)
- Strong grasp of market and weather fundamentals, and willingness to work with the fundamental team to drive model development
What we offer
You bring your skills and experience to Shell and in return you work with talented, committed people on one of the most important challenges facing our planet. You'll have the opportunity to develop the skills you need to grow in an environment where we value honesty, integrity, and respect for one another. You'll be able to balance your priorities as you become the best version of yourself.
- Progress as a person as we work on the energy transition together.
- Continuously grow the transferable skills you need to get ahead.
- Work at the forefront of technology, trends, and practices.
- Collaborate with experienced colleagues with unique expertise.
- Achieve your balance in a values-led culture that encourages you to be the best version of yourself.
- Benefit from flexible working hours, and the possibility of remote/mobile working.
- Perform at your best with a competitive starting salary and annual performancerelated salary increase – our pay and benefits packages are considered to be among the best in the world.
- Take advantage of paid parental leave, including for non-birthing parents.
- Join an organisation working to become one of the most diverse and inclusive in the world. We strongly encourage applicants of all genders, ages, ethnicities, cultures, abilities, sexual orientation, and life experiences to apply.
- Grow as you progress through diverse career opportunities in national and
- international teams.
- Gain access to a wide range of training and development programmes.
We are committed to attracting a broader and more diverse pool of candidates. If this position doesn't feel like the perfect fit for your qualifications right now, we'd still love to hear from you.
Shell in The United Kingdom
Shell UK remains one of the North Sea's biggest producers, supplying around 10% of the UK's total oil and gas needs. But perhaps the most recognisable face of Shell in the UK is our network of over 1,000 Shell-branded service stations.
In the years ahead, as the UK looks to strengthen energy security and deliver its 2050 net-zero goal, Shell UK aims to play a crucial role. We aim to be a major investor in the UK energy system by helping our customers decarbonise with a focus on transport and industry.
Senior Power Trader employer: Shell
Contact Detail:
Shell Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Senior Power Trader
✨Tip Number 1
Network with industry professionals and attend relevant conferences or seminars. This will not only help you stay updated on market trends but also allow you to make connections that could lead to job opportunities.
✨Tip Number 2
Familiarise yourself with the latest regulatory changes in the European power markets. Being knowledgeable about these regulations can set you apart from other candidates and demonstrate your commitment to compliance.
✨Tip Number 3
Engage with online forums and communities focused on power trading. Sharing insights and learning from others in the field can enhance your understanding and showcase your passion for the industry.
✨Tip Number 4
Consider seeking mentorship from experienced traders. Their guidance can provide you with valuable insights into the role and help you navigate the complexities of power trading effectively.
We think you need these skills to ace Senior Power Trader
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights your relevant experience in power trading, especially within the European markets. Emphasise your track record and any specific achievements that align with the responsibilities outlined in the job description.
Craft a Compelling Cover Letter: Write a cover letter that not only showcases your skills but also demonstrates your understanding of the energy market and the specific challenges faced by Shell. Mention how your experience can contribute to their goals in the energy transition.
Highlight Relevant Skills: In your application, clearly outline your skills related to trading strategies, risk management, and market analysis. Provide examples of how you've successfully navigated similar challenges in previous roles.
Showcase Your Network: If you have established connections within the industry, mention them in your application. This can demonstrate your ability to collaborate and bring in new structures or deal types, which is a key aspect of the role.
How to prepare for a job interview at Shell
✨Know Your Market
Make sure you have a deep understanding of the European power markets, especially Germany and the Netherlands. Be prepared to discuss recent market trends, regulatory changes, and how they might impact trading strategies.
✨Demonstrate Your Analytical Skills
Be ready to showcase your ability to construct trading strategies based on fundamental, weather, and technical analysis. Bring examples of past experiences where your analysis led to successful trading decisions.
✨Communicate Risks Effectively
Since understanding and communicating risks is crucial for this role, practice articulating how you assess and manage risks in trading. Use specific examples from your previous roles to illustrate your approach.
✨Showcase Your Leadership Qualities
As a senior trader, you'll be expected to coach and educate junior colleagues. Prepare to discuss your leadership style and provide examples of how you've mentored others in the past.