(Senior) Intraday Trader d/f/m - Automated & Intraday Trading Desk

RWE Gruppe; Essen; Vor Ort; EUR 60.000 - 80.000; Vollzeit

Zusammenfassung

A major energy trading firm in Essen, Germany is seeking a professional to manage intraday trading activities across multiple power markets. The individual will oversee a portfolio exceeding 20 GW and drive new market strategies. Candidates should have strong analytical thinking, negotiation skills, and relevant degree. The role offers a dynamic work environment and a competitive remuneration package.

Leistungen

On-site fitness center

Childcare facilities

Free meals and beverages

Qualifikationen

• Proven ability to adapt to market changes.
• Strong skill set in managing asset options and trading.
• Experience with quick assessment of trading risks and opportunities.

Aufgaben

• Manage intraday trading activities across European power markets.
• Direct operation of the desk’s algo software.
• Innovate proprietary trading strategies.

Kenntnisse

Commercial Ownership

Analytical Thinking

Negotiation Skills

Team Player

Ausbildung

Degree in Business Administration, Economics, Mathematics, or Data Science

Tools

Trading Software

R

Python

SQL

Tableau

Jobbeschreibung

Overview

RWE Supply & Trading GmbH
To start as soon as possible, full time, permanent

Your future plans

The Automated & Intraday Trading desk is the central commercial hub at RWEST for all continental European intraday activities in power markets. Additionally, a large and continuously expanding portfolio of systematic strategies in spot markets is managed by traders. Being a pioneer in intraday and automated power trading, the desk runs a holistic and complex algorithmic framework that continuously trades RWE’s flexible hydro and thermal assets plus batteries, outages, the sharply increasing renewables exposure as well as 3rd party flow.

You will work at a top tier power trading desk on Europe’s largest energy trading floor together with experienced Intraday Traders in a 24/7 shift system as well as dedicated Algo Traders. You will be responsible for managing a portfolio of over 20 GW installed capacity across various asset classes and our desk looks forward excitedly to additional 3 GW of RWE‘s battery investment pipeline in the very near future.

Responsibilities

• Commercial Ownership: Navigate large asset options and swiftly adapt to positions of short flex, such as outages or sudden updates in renewable production, consistently striving to surpass market performance benchmarks
• Portfolio Coverage: Take charge of RWEST’s intraday trading activities across several European power markets in Germany, the Netherlands, Belgium, France, Scandinavia, and Italy
• Algorithmic Steering: Direct the operation of the desk’s sophisticated in-house algo software, overseeing thousands of deals daily and ensuring precise timing and execution on power exchanges like EPEX SPOT or Nord Pool Spot
• Value Maximisation: Identify and capitalise on opportunities to extract maximum value from RWE’s flexible asset fleet in both liquid and illiquid markets, fostering collaborative discussions with team members
• Innovation and Strategy: Innovate and challenge proprietary trading strategies, contributing to the expansion of the desk’s strategic purview
• Market Expansion: Drive new market entries and product implementations, leveraging internal expertise to drive success
• Collaborative Environment: Participate in an agile SCRUM working environment, collaborating closely with the desk’s dedicated automated trading IT Squad and software engineers

• Demonstrated skill set in dealing with commercial aspects and analytical thinking, paired with a mindset tailored to a fast-paced environment
• High professionalism and experience in efficiently managing asset options and adapt to market changes, aiming to outperform benchmarks and contribute to the desk’s PnL
• Quickly assess trading opportunities and risks, translating insights into actionable recommendations
• Profound entrepreneurial spirit and structural thinking to explore new business opportunities beyond the current portfolio
• Sophisticated resilience in negotiations with counterparties as well as among the traders
• Experience with trading software and/or trading on exchanges in general
• Be an excellent team player and demonstrate professionalism in collaboration with stakeholders
• Hold a degree with relevant further qualifications in fields like business administration, economics, mathematics, data science, or similar

Advantages

• Proficiency in programming, particularly in R and/or Python, SQL
• First experience in Tableau
• Experience in back-test analysis for trading and hands-on proto-typing experience
• Proficiency in German

What we value

What we value most is passion, willingness to learn and a determined and resilient work ethic. So, even if you think you do not yet display all of the skills above we would still like to hear from you.

Benefits

We really appreciate you going the extra mile and using every ounce of energy when the heat is on. That’s why we want to make your time with us as enjoyable as possible. At RWE Supply & Trading we value our employees and strive to create a supportive and inclusive work environment. With a range of competitive benefits, we not only offer excellent development prospects and an attractive remuneration package, but also take care of your well-being and understand that life-work integration is essential. Also our offer includes the following perks:

• Work at the commercial heart of RWE – right on one of Europe’s largest trading floors directly shaping the energy transition
• Take responsibility for a commercial P&L including annual bonus
• Join a diverse and multicultural team in a highly dynamic and rapidly growing business
• Benefit from an embedded, dedicated expert team of software engineers who design, code, and support 24/7 the customised software for the Intraday Traders
• State-of-the-art campus with free fitness centre, childcare, on-site barista & restaurants

Apply with just a few clicks: ad code 90870
Any questions? Contact HR: Pia König, [e-mail]

We look forward to meeting you. Of course, you can find us on LinkedIn, Instagram, Facebook, YouTube and Xing, too.

We value diversity and therefore welcome all applications - regardless of gender, disability, nationality, ethnic and social origin, religion/belief, age, sexual orientation, and identity. #inclusionmatters

RWE Supply & Trading is our connection to the world’s energy markets. With headquarters in Essen, Germany, the tight-knit around 2,200-strong team’s drawn from over 90 countries, and operates Europe’s largest and most advanced energy trading floor – trading a mix of electricity, gas, commodities and CO2 emission allowances. They commercially optimise our power plants’ dispatch and take care of the renewables electricity sales, too.

Tech-led and customer-focused, the teams agile mindset helps them respond and adapt intelligently to work that never stands still. Each day, there’s a chance to grow as you create the financial foundations to invest in our green future. From well-established graduate programmes to success-related recognition - you'll experience a culture energised by trust, passion and performance.