Algorithmic Power Trader - Hedge Fund

Flynn and Chase; Greater London; Remote; GBP 120,000 - 200,000; Full time

Benefits offered by this job

Competitive base salary

Performance-based revenue share

Access to cutting-edge trading infrastructure

Job summary

A leading trading firm in the energy sector seeks an experienced Algorithmic Power Trader to enhance their automated trading strategies. The ideal candidate will have a strong quantitative backing and at least 3 years of proven experience in algorithmic trading within intraday power markets. This role offers flexibility to work remotely or in Dubai, alongside a competitive salary and performance-driven compensation package, fostering an entrepreneurial and collaborative environment.

Qualifications

• Minimum of 3 years of proven experience in algorithmic trading.
• Deep understanding of European power markets and pricing dynamics.
• Ability to develop and deploy high-frequency trading strategies.

Responsibilities

• Develop, implement, and optimize algorithmic trading strategies.
• Monitor and refine algorithms to enhance profitability.
• Collaborate with analysts to improve trading models.
• Backtest and validate trading strategies using data analytics.
• Stay ahead of market trends, regulatory changes, and technology advances.
• Share insights with the trading team to refine overall strategy.

Skills

Algorithmic trading experience in intraday power markets

Quantitative and programming skills (Python, C++)

Risk management skills

Power markets knowledge

Algorithmic trading

Independent working

Tools

Trading infrastructure

Job description

Overview

Our client is a top-tier trading firm with a team of 50+ experienced traders. They specialize in intraday power trading across global markets and are looking for a highly skilled Algorithmic Power Trader to enhance their automated trading strategies. This is an exciting opportunity to join a firm with a strong infrastructure, deep market access, and a highly competitive compensation structure.

Role Overview

We are seeking a proven Algorithmic Power Trader with extensive experience implementing and optimizing algorithmic trading strategies in the intraday power markets. The ideal candidate will have a strong quantitative background, a deep understanding of power markets, and a track record of developing profitable trading algorithms. This role offers the flexibility to be based in Dubai or work remotely, with a performance-driven compensation package.

Responsibilities

• Develop, implement, and optimize algorithmic trading strategies for intraday power markets.
• Monitor and refine algorithms to enhance profitability and manage risk effectively.
• Collaborate with quantitative analysts and developers to improve trading models and execution.
• Leverage data analytics to backtest and validate trading strategies.
• Stay ahead of market trends, regulatory changes, and technological advancements.
• Work closely with the broader trading team to share insights and refine overall strategy.

Requirements

• Proven experience in algorithmic trading in the intraday power markets (minimum 3+ years).
• Strong quantitative and programming skills (Python, C++, or other relevant languages).
• Deep understanding of European power markets, pricing dynamics, and trading strategies.
• Ability to develop, test, and deploy high-frequency trading strategies.
• Strong risk management skills and experience working in a performance-driven environment.
• Track record of generating consistent profits through algorithmic trading.
• Ability to work independently and drive results in a fast-paced trading environment.

What’s on Offer

• Work with one of the leading firms in the energy trading space.
• Competitive base salary plus performance-based revenue share.
• Access to cutting-edge trading infrastructure and data.
• Opportunity to work in Dubai or remotely with a high degree of flexibility.
• Collaborative and entrepreneurial work culture with strong growth opportunities.

If you are a results-driven Algo Power Trader looking for an opportunity with significant earning potential and the ability to shape a firm’s algorithmic trading strategy, we would love to hear from you.