Spot Trader

Snowy Hydro; Sydney; On-site; AUD 110,000 - 170,000; Full time

Job summary

Snowy Hydro is seeking a Spot Trader/Analyst based in Sydney. The role combines trading responsibilities with analytical forecasting to guide strategy and maximise asset value. You will collaborate with IT and development teams to document processes and implement improvements.

A strong quantitative background and proficiency with SQL, Power BI, VBA and Python are essential. Prior NEM or market modelling experience is a plus in a dynamic, team-focused environment.

Qualifications

• Bachelor level degree in a relevant field is required.
• Strong quantitative/analytical ability with practical data skills.
• Experience with market modelling software is beneficial.

Responsibilities

• Spot Trading: 24/7 Roster Basis (25%).
• Spot Analyst: Market Analysis & Reporting (25%).
• Spot Analyst: Price & Generation Forecasting (25%).
• IT Projects & Documentation (15%).
• Compliance Reporting & Documentation (10%).

Skills

Quantitative

Analytical skills

SQL

Power BI

VBA

Python

Education

Bachelor's degree in Commerce, Finance, Maths, Economics, Computer Science or Engineering

Tools

Prophet

Plexos

PowerWorld

Job description

Snowy Hydro is a dynamic, integrated energy business that has been providing on-demand, reliable energy to Australia for generations. Snowy Hydro owns and operates a powerful combination of generation assets, including the mighty Snowy Mountains Scheme, gas and diesel plants, and contracted wind and solar energy. We also provide electricity and gas to about 1 million retail customers through our retail brands Red Energy and Lumo Energy.

About the position:

An exciting opportunity exists for a Spot Trader/Analyst to join our successful Trading team based in Sydney. This position operates on a roster basis, and covers the separate but co-dependent roles of Spot Trader, Spot Analyst and Projects.

The Spot Analyst role is accountable for analysing and forecasting National Electricity Market outcomes and providing input to the Trading Strategy. The Spot Trader role is accountable for the market operation of Snowy's physical assets, executing the trading strategy and maximising long term net revenue for Snowy Hydro. This role will also assist the trading team to maintain, uplift and derive technical solutions and documentation in cooperation with the Development team.

Team culture is critical to our success which includes maintaining constructive relationships with other business units and delivering superior customer service with market insights.

Key Responsibilities:

Spot Trading: 24/7 Roster Basis (25%)

Spot Analyst: Market Analysis & Reporting (25%)

Spot Analyst: Price & Generation Forecasting (25%)

IT Projects & Documentation (15%)

Compliance Reporting & Documentation (10%)

Regularly read and maintain the Spot Procedures

This position is ideally suited to proactive individuals with a strong maths and/or finance/economics background, but we are also looking for engineers wanting to move into a commercial role.

About the location:

This role is based in Sydney

About you:

Bachelor's degree in Commerce, Finance, Maths, Economics, Computer Science or Engineering.

Strong quantitative and analytical skills, with proficiency in SQL/Power BI/VBA/Python.

Excellent organisational skills, with ability to work under pressure and tight deadlines.

Ability to collaborate across teams and communicate effectively.

Prior experience within the NEM and/or market modelling software such as Prophet, Plexos or PowerWorld would be beneficial.

About our workforce:

Snowy Hydro has a culture of decency and inclusion, with a commitment to the health and wellbeing of our people and a supportive environment to ensure that everyone - regardless of background - feels included and can succeed. At Snowy Hydro, we recognise that we are made stronger by the unique capabilities and qualities that each individual brings, and we believe in providing an environment that allows that uniqueness to thrive.

Snowy Hydro is proud to be an Equal Opportunity employer. We are committed to the values of Equal Employment Opportunity and provide accessibility accommodations to applicants with physical and/or mental disabilities.