Assets Trader – Power & Gas (Europe)

TotalEnergies; Genf; On-site; CHF 150,000 - 230,000; Full time

Job summary

TotalEnergies Gas & Power (TGP) in Geneva seeks a seasoned Power Trader to develop and execute optimization and trading strategies across short- and long-term horizons. You will collaborate with Operations, Origination, Asset Management and other trading desks to maximize portfolio value.

You should have 7+ years in European power trading, deep knowledge of asset-backed trading and strong quantitative skills to translate market views into executable trading strategies within a disciplined risk

Qualifications

• Degree in Engineering, Finance or equivalent study.
• 7+ years of experience in European power trading.
• Strong knowledge of asset-backed trading and optimization.
• Experience with risk management and market design in European gas, power and emissions.

Responsibilities

• Develop and implement trading and hedging strategies aligned with market conditions.
• Execute trades across power, gas and emissions markets within mandated frameworks.
• Collaborate with Operations, Origination and Asset Management.
• Support portfolio balancing and risk management to improve performance.

Skills

Power trading

Asset-backed trading

Portfolio optimization

Market analysis

Quantitative tools

Risk management

Communication

Autonomy

English fluency

Education

Degree in Engineering, Finance or equivalent

Tools

Dispatch models

Modelling tools

Job description

Contexte et environnement

TotalEnergies Gas & Power (TGP) is the trading arm of TotalEnergies in the field of low‑carbon energies. With more than 550 employees, TGP operates in Switzerland, the United States, Singapore, France, Germany and Spain. It evolves in fast‑changing market dynamics influenced by internal and external factors that require constant adaptation. TGP is responsible for optimizing the purchase and sales portfolios of gas, electricity, CO₂ emissions, dry bulk and LNG across global markets, in compliance with the Company’s trading guidelines.

Within TotalEnergies Gas & Power (TGP), the Power Assets Trading Desk is a key growth component of the European Power Trading activity.

Asset Trading is one of 4 Power trading desks, working in very close coordination with other power, gas, marketing and structured trading teams.

European trading activities are managed from Geneva and span Power, Gas, Emissions, and related commodities.

The desk mission is to maximize the value of a large and diversified portfolio of flexible generation assets and procurement contracts across seven European markets. Working closely with internal stakeholders and asset owners, the team combines fundamental market analysis, market intelligence, and active trading across power, gas, and emissions markets to capture value and support the growth of the Company’s energy business.

Leveraging a strong balance sheet and a disciplined risk framework, the desk can warehouse risk, express directional market views, and capitalize on market opportunities across multiple time horizons.

You will join a high‑performing team of five professionals with significant commercial ambitions and a strong track record. In this role, you will be responsible for developing and executing optimization and trading strategies across both short‑ and long‑term horizons, working closely with Operations, Origination, Asset Management, and other trading desks.

We are looking for a commercially driven individual with a proven ability to formulate and implement well‑reasoned market views. You combine strong analytical skills with intellectual curiosity, attention to detail, and a relentless focus on value creation. You thrive in complex and fast‑moving environments, consistently seeking opportunities to enhance portfolio performance while navigating operational constraints and market liquidity considerations. Your experience enables you to translate market insights into executable strategies and deliver results in a highly competitive trading environment.

The portfolio is diversified and rapidly expanding, TotalEnergies is now top‑3 gas generation in Europe. As the scale and complexity of the business continue to grow, the role offers significant opportunities to contribute to increasingly sophisticated optimization and trading strategies while helping shape the future of the Company’s European energy activities.

Activités

Market expertise

• Develop an in‑depth understanding of European power markets, including market design, price formation, generation stack dynamics and across market segments
• Maintain strong awareness of gas and emissions markets and their interactions with power
• Monitor capacity mechanisms and ancillary services where relevant
• Formulate and express market views to generate value beyond intrinsic asset optimisation, including discretionary positioning

Asset expertise

• Build a detailed technical understanding of the asset portfolio
• Determine optimal dispatch strategies considering operational constraints, cost sand market conditions

Modelling & tools

• Contribute to the development and continuous improvement of analytical and modelling tools
• Support the digitalisation of workflows and real‑time risk management capabilities
• Work closely with Research, Digital and IT teams

Trading strategy & execution

• Define and implement trading and hedging strategies aligned with market conditions and asset constraints
• Execute trades across power, gas and emissions markets within defined mandates
• Contribute to portfolio balancing, risk management and overall trading performance

Commercial & cross‑functional interaction

• Work with Origination and project teams to support new agreements and portfolio growth
• Liaise with Operations and asset owners on short‑term optimisation and dispatch decisions
• Interact with diverse functions (Finance, Middle Office, Back Office, IT, Research) as required

Compliance

• Ensure full compliance with internal policies and external regulations, including REMIT

Accountabilities

• Operate within the Company’s trading governance and risk framework
• Contribute to the performance of the desk, with both collective responsibility and individual impact
• Ensure adherence to HSE rules, Code of Conduct and applicable regulations

You will operate in a highly dynamic and volatile market environment, shaped by evolving energy flows, regulatory developments and the energy transition.

This role offers exposure to a diversified and growing portfolio of flexible generation assets, requiring close interaction between trading, operations and commercial teams.

We are committed to meet the energy needs of a growing population and we are committed to the energy transition. The volatility of the energy trading markets requires excellence in risk management and a culture of innovation. We are fully embracing the digital revolution.

Our people flourish in an environment that promotes expertise, entrepreneurship spirit, agility and a purpose‑driven culture, generating boundless opportunities to learn, grow and achieve collaborative success.

Reinforcing the competencies of our people is a key pillar of our culture: we train our people to ensure their development and we pledge to encourage safety in all our actions.

We look for passion, ambition and open‑mindedness. While we evolve in a demanding industry that requests to be always on the edge, we cultivate a friendly workplace where our people feel good, where team spirit and respect guide our daily routine, where the diversity of our people and their skills create a nourishing experience for all of us.

Profil du candidat

• Degree in Engineering, Finance or equivalent study that enables you to work with large data sets.
• 7+ years experience in European power trading
• Strong knowledge and practical experience of Asset-backed trading and optimisation
• Power market organisation across European countries, deep experience in 1 or 2 specific countries ts is a plus
• Power market fundamentals, including changing generation stack dynamics fascinate you. You are passionate about following market developments and have original ideas how industry trends might affect markets. You happy to take the lead in taking positions and comfortable to explain your thinking to all levels in the organisation.
• Physical and financial trading instruments good experience, helping you to capture both intrinsic and extrinsic value of the positions under your management
• Risk management and trading regulations, you are well versed and have good understanding, you set the example and protect the integrity of a well‑functioning market
• Demonstrated ability to develop trading views and translate them into measurable performance
• Strong affinity with quantitative tools and modelling approaches (e.g. dispatch models, optionality)
• Passionate about analytics and attention to detail
• Ability to work autonomously and take initiative in a fast‑paced environment
• Strong communication and interpersonal skills
• Fluent in English; additional European languages (for instance Italian and/or Dutch) are a plus