Role 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
-
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.
Qualifications
-
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.
Benefits
-
Work with talented, committed people on one of the most important challenges facing our planet.
-
Opportunity to develop the skills you need to grow in an environment that values honesty, integrity, and respect.
-
Balance your priorities as you become the best version of yourself.
-
Progress as a person while working on the energy transition together.
-
Continuously grow transferable skills needed 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.
-
Competitive starting salary and annual performance-related salary increase.
-
Paid parental leave, including for non-birthing parents.
-
Join an organisation working to become one of the most diverse and inclusive in the world.
-
Grow through diverse career opportunities in national and international teams.
-
Access to a wide range of training and development programmes.
Company Description
Shell UK remains one of the North Sea’s biggest producers, supplying around 10% of the UK’s total oil and gas needs. As the UK looks to strengthen energy security and deliver its 2050 net-zero goal, Shell UK aims to play a crucial role by helping customers decarbonise with a focus on transport and industry.