European Power Trader

ZipRecruiter; City Of London; On-site; GBP 80,000 - 120,000; Full time

Job summary

A leading global bank in London is seeking an experienced European Power Trader to join their trading team. The role involves trading power products across European markets, managing risks, and contributing to a collaborative environment. Suitable candidates will have 4-12 years of trading experience in power markets and a strong understanding of physical power dynamics. This position offers a strategic growth opportunity in an established trading desk.

Qualifications

• 4–12 years of trading experience in power markets.
• Strong familiarity with physical power markets.
• Ability to manage flat price risk across major Continental European hubs.

Responsibilities

• Trade power products across continental Europe and UK hubs.
• Price and manage flat price risk within the power book.
• Support UK Power trading activity and contribute to related markets.

Skills

Trading experience in power markets

Familiarity with physical power markets

Knowledge of swaps/futures

Collaborative approach

Job description

Role Overview

We have partnered with a leading global bank looking to hire a European Power Trader to join their London-based trading team. This is an expansionary hire aimed at strengthening the firm’s existing power trading platform and broadening coverage across continental European and UK power markets. The desk operates a flat, collaborative structure with an expectation that team members contribute across a wide range of products, including power, emissions, gas, and sparks/darks.

The ideal candidate will bring 5-12+ years of relevant trading experience, preferably within flows or derivatives-focused environments, and possess strong knowledge of physical power markets. Additionally, familiarity with swaps/futures and linear power instruments is required, with any options experience being an additional plus (but not required).

This opportunity sits within a well-established, institutional energy-focused trading desk, and represents a strategic growth hire focused on expanding capabilities and deepening market presence across European power markets.

Key Responsibilities

• Trade power products across continental Europe (primary focus) and UK hubs, focusing on both financial and physical power markets
• Price and manage flat price risk within the power book across core Continental European power hubs, including Germany, France, the Netherlands, Italy, and Spain etc
• Hedge and manage client flow efficiently, maintaining liquidity and competitiveness in core markets
• Monitor and trade across related products, including emissions, gas, and sparks/darks, leveraging cross-market insights
• Support UK Power trading activity and contribute to trading across interrelated markets such as gas and emissions
• Operate within a flat team structure, contributing collaboratively and flexibly across multiple product areas
• Maintain disciplined trading within defined risk parameters and the bank’s risk management framework
• Provide market insight and contribute to the growth of the power trading platform, identifying new opportunities and enhancing desk capabilities

Requirements & Qualifications

• 4–12 years of trading experience in power markets (experience working on a flows-style desk would be a plus)
• Strong familiarity with physical power markets, swaps/futures, and linear power instruments (any options experience is a plus but not required).
• Previous experience at a bank, a utility, or commodity trading house, with exposure to physical power
• Demonstrated ability to manage flat price risk and hedge client flow across major Continental European hubs (Germany, France, Netherlands, Italy, Spain)
• Familiarity with European power markets and an understanding of emissions and gas trading dynamics
• Commercially minded with a collaborative approach and the ability to cover a broad product set
• Not suitable for pure proprietary traders; the desk focuses on a mix of client flows and market-making/risk-taking
• Targeting candidates at VP level, with flexibility to consider strong Director-level profiles