UK Environmental Products Trader

-; London; Hybrid; GBP 50,000 - 70,000; Full time

Job summary

A leading company in the energy sector is seeking an Environmental Products Trader to enhance trading activities in the UK. The role involves managing environmental products trading, developing client relationships, and ensuring compliance with market regulations. The position offers a hybrid work model and a competitive salary package.

Benefits

Bonus programme

Healthcare cash plan

Employer pension contribution

Commitment to professional development

Qualifications

• 2 to 4 years of environmental products trading experience or equivalent power trading experience.
• Knowledge of UK power and gas markets.

Responsibilities

• Responsible for environmental products trading focusing on REGOs and RGGOs.
• Manage relationships with clients through business development efforts.
• Daily P&L estimation and validation.

Skills

Business development

Analytical Skills

Negotiation

Risk management

Education

Master's Degree

Job description

About Us

ENGIE is a global reference in low-carbon energy and services. In response to the urgency of climate change, our ambition is to become the world leader in the carbon neutral transformation for our customers, in particular global companies and local authorities. We rely on our key activities (renewable energy, gas, services) to offer competitive turnkey solutions.

Together with our 100,000 employees, we are reinventing our activities at the service of a renewable, carbon-free, digital energy world. To embody the future of energy at the service of its customers, ENGIE recruits thousands of talents worldwide. Professional development is part of our Group's DNA, as we are counting on our people, their experience, expertise and imagination, to achieve ENGIE's ambitions.

Global Energy Management & Sales business entity

3,300 employees around the world develop our solutions, through +20 international business platforms. We cover the full energy mix: renewable and thermal power, natural gas & LNG, biomass, environmental products. Our experts provide tailor made solutions based on a wide range of savoir-faire in energy management with a strong focus on decarbonation and decentralization.

Our +120,00 clients span the entire value chain: producers, asset developers, financial players, utilities, distributors and industrials. Our global reach and strong local presence enable us to offer these diverse clients tailor-made services and respond to rapid changes in mature or emerging markets alike.

Our 4 areas of expertise:
• Asset management
• Energy transition services
• Energy supply & global commodities
• Risk management & market access

At GEMS we encourage breakthrough results, team spirit, curiosity and innovation.

Within GEMS' Business Unit, the Business Platform GEM UK ('BP UK') is a highly skilled team of 50+ people developing and managing assets and portfolios related to power, gas and environmental products in the UK markets, actively supporting the country's ambitious path to a net zero economy.

Opportunity:

We have an opportunity for an Environmental Products Trader to develop the BP UK environmental products trading activities, focusing specifically on REGOs and RGGOs.

This is a hybrid role assigned to our London office where the successful candidate would be based two days per week. On offer is a competitive salary and benefits package.

Key Responsibilities:

• Responsible for environmental products trading for the platform, focusing on REGOs and RGGOs
• Manage and grow relationships with existing and new counterparts and clients through business development efforts
• Develop a further suite of environmental products for the desk if appropriate
• Maintain knowledge of current market developments, regulation and industry trends
• Ensure business continuity: back-up other trading desks within the Business platform including power and gas desk
• Daily P&L estimation and validation
• Trade and maximize the value of the trading positions
• Share knowledge and tools with team members on the trading desk
• Respect the compliance rules and trading handbooks
• Respect the risk framework (market and credit risk)
• Stay ahead by creating and testing innovative approaches

Qualifications/Professional Background:

• Master, Engineering or Business School degree
• 2 to 4 years of demonstrable environmental products trading experience, or alternatively equivalent power trading experience
• Business development capabilities
• Knowledge of UK power and gas markets

Technical/Operational/Business Skills

• Pricing, negotiation, risk management, curve marking
• Ability to contribute to complex projects, with many stakeholders
• Ability to explain and convey messages related to market activities

Behavioural/Management Skills

• Team Worker
• Digital Friendly
• Analytical Skills
• Creativity
• Practical thinking
• Cooperative mindset
• Autonomy
• Ethical / trustworthy

Languages/IT Skills

• Fluent in English - French is a plus (but not mandatory)
• Coding skills and aptitude
• Knowledge of GEMS systems and Orchestrade in particular is a plus

Why ENGIE UK?

• Opportunity to make a significant impact on the future of energy supply.
• Collaborative and innovative work environment.
• Hybrid working options.
• Bonus programme.
• Healthcare cash plan.
• Employer pension contribution.
• Commitment to professional development and growth.

How to Apply

At ENGIE UK, we value diversity and are committed to creating an inclusive environment for all employees. In the event you do not meet every requirement, we encourage you to apply. Your unique skills and experiences could be just what we need.

To apply, please submit your CV detailing your experience.

Business Unit: GEMS

Division: GEMS - BP UNITED KINGDOM

Legal Entity: INTERNATIONAL POWER LTD.

Professional Experience: Skilled ( >3 experience <15 years)

Education Level: Master's Degree