At a Glance
- Tasks: Develop and execute hedging strategies in a fast-paced trading environment.
- Company: Join a dynamic energy company focused on growth and innovation.
- Benefits: Enjoy 24 days annual leave, learning opportunities, and competitive salary.
- Other info: Work in modern facilities with excellent career progression opportunities.
- Why this job: Make a real impact in the energy market while honing your analytical skills.
- Qualifications: Degree in Maths or Science; experience in trading is a plus.
The predicted salary is between 50000 - 60000 € per year.
Department: YUR - 2140 - Trading
Employment Type: Full Time
Location: Leicester
Compensation: £50,000 - £60,000 / year
Reports to: Trading Manager
Location: Leicester Office (Potential for some hybrid working)
Working hours: Monday to Friday, 37.5 hours a week
As a Senior Trader, you will be part of an experienced Trading and Pricing team responsible for the purchasing of circa 4 TWh of gas and power per annum for our portfolio of business customers, along with green certificates. This role is central to managing the company’s market exposure, with a focus on hedging strategy, risk mitigation, and value optimisation across an ever volatile commodity market. This is an exciting role within a fast paced and critical function of the business.
What We Need from You as a Senior Trader:
- Develop and execute hedging strategies across gas, power, and green certificate markets (REGOs, ROCs, RGGOs).
- Manage exposure to wholesale price movements, shape risk, and weather driven volatility.
- Continuously assess and refine hedge position along with monitoring of price curves to pricing/sales.
- Provide clear visibility of risk positions, P&L, and hedge effectiveness.
- Develop analytical models for trading and market insight, to facilitate optimisation of portfolio value.
- Assist in reporting of positions and value to key stakeholders.
- Support the team on the day to day running of the trading desk and resolution of operational queries.
- Ad hoc support on reporting for internal and external purposes.
About You:
- A degree in Maths, Science or similar numerate discipline.
- Highly numerate with an unparalleled attention to detail and confident delivering incremental change towards the end goal.
- Experience in the energy industry within a trading or hedging department is beneficial but not essential.
- Experience in Python, or alternative programming knowledge is beneficial.
- Strong computer proficiency and in particular Excel.
- Must be able to work under pressure and meet deadlines, while maintaining a positive attitude and providing exemplary service.
- Self-motivated with an ability to work independently.
We have a wide range of benefits for our employees including:
- 24 days annual leave + bank holidays.
- Holiday buy – up to 5 additional days.
- Day off on your birthday.
- Employee Assistance Programme.
- Annual salary review.
- Learning and development opportunities.
- Enhanced paternity, maternity and adoption policies.
- 3 days additional annual leave if you get married/civil partnership etc.
- Appointment allowance.
- Long service recognition.
- Refer a friend payment.
- Company sick pay (subject to length of service).
- New modern facilities.
- Death in service and critical illness cover.
- Plus, many more.
This position does not fulfil the UK Visas & Immigration sponsorship criteria for Skilled Worker, therefore we can only accept applications from candidates who already have an indefinite right to work in the UK. If you need any reasonable adjustments to help you apply for a role, please let us know and we will see what we can do.
Senior Trader employer: Yu Group
At Yü, we pride ourselves on being an exceptional employer, offering a dynamic work environment in Leicester that fosters professional growth and innovation. Our comprehensive benefits package, including generous annual leave, learning opportunities, and a supportive culture, ensures that our employees feel valued and empowered to excel in their roles. Join us as a Senior Trader and be part of a forward-thinking team dedicated to optimising market strategies and driving success in the energy sector.
StudySmarter Expert Advice🤫
We think this is how you could land Senior Trader
✨Network Like a Pro
Get out there and connect with people in the industry! Attend events, join online forums, and don’t be shy about reaching out on LinkedIn. We all know that sometimes it’s not just what you know, but who you know that can land you that Senior Trader role.
✨Show Off Your Skills
When you get the chance to chat with potential employers, make sure to highlight your analytical skills and experience with hedging strategies. We want to see how you can bring value to our trading desk, so be ready to discuss your past successes and how they relate to the role.
✨Prepare for the Interview
Do your homework before the interview! Understand the current market trends in gas and power, and be prepared to discuss how you would manage risk and optimise value. We love candidates who come in with fresh ideas and a solid grasp of the industry.
✨Apply Through Our Website
Don’t forget to apply through our website! It’s the best way to ensure your application gets seen by the right people. Plus, we’re always looking for exceptional talent like you to join our team, so make sure you put your best foot forward!
We think you need these skills to ace Senior Trader
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the Senior Trader role. Highlight your experience in trading, hedging strategies, and any analytical skills you possess. We want to see how your background aligns with what we need!
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you're the perfect fit for our team. Share specific examples of your achievements in the energy sector and how they relate to the responsibilities of the role.
Show Off Your Numeracy Skills:Since we're looking for highly numerate individuals, don’t shy away from showcasing your mathematical prowess. Mention any relevant projects or experiences where your analytical skills made a difference in trading or risk management.
Apply Through Our Website:We encourage you to apply through our website for a smoother application process. It’s the best way for us to receive your application and ensures you’re considered for this exciting opportunity!
How to prepare for a job interview at Yu Group
✨Know Your Numbers
As a Senior Trader, you'll need to demonstrate your numerical prowess. Brush up on key metrics related to gas and power trading, and be ready to discuss how you would manage exposure to price movements. Show them you can think critically about market volatility!
✨Hedging Strategies Are Key
Familiarise yourself with various hedging strategies and be prepared to discuss how you would develop and execute these in real-world scenarios. Bring examples of past experiences where you've successfully mitigated risk or optimised value.
✨Excel Skills Matter
Since strong computer proficiency is essential, make sure you're comfortable with Excel and any other relevant software. Consider preparing a quick demo or example of how you've used these tools to analyse data or create models in the past.
✨Stay Calm Under Pressure
Trading can be intense, so it's crucial to convey your ability to work under pressure. Think of specific instances where you've maintained a positive attitude while meeting tight deadlines, and be ready to share those stories during your interview.
