Intraday Power Trader

-; City of Edinburgh; Hybrid; GBP 100,000 - 125,000; Full time

Job summary

A global energy trading company is looking for a Short Term Trader to manage and optimise their renewables portfolio in the UK. The role involves trading in the short-term markets, utilising automated systems, and implementing risk management strategies. Candidates should have a background in trading and strong quantitative skills, along with a relevant degree. This position offers competitive compensation and emphasizes mentorship for junior traders.

Benefits

Flexible working hours

Paid parental leave

Access to training and development programmes

Qualifications

• Proven track record for spec trading at short-term power markets.
• In-depth knowledge of the UK and European energy markets, understanding key market drivers and trading regulations.
• Strong quantitative skills, with proficiency in sophisticated trading and analytical platforms.

Responsibilities

• Actively trade power and interconnector capacities in the short-term markets.
• Utilize automated trading systems to respond to market changes.
• Analyze market trends and economic indicators.
• Implement risk management strategies to minimize financial exposure.
• Coordinate with other desks and system operators.
• Produce detailed reports on trading activities and performance metrics.
• Mentor and develop junior traders.
• Partner with quantitative analysts for advanced trading tools.

Skills

Spec trading experience

In-depth knowledge of energy markets

Strong quantitative skills

Effective communication skills

Decision-making abilities

Ability to multitask

Education

Bachelor's or Master's degree in Finance, Economics, Engineering or related field

Tools

Trading and analytical platforms

Job description

Job Description

Shell Trading integrates a worldwide trading network with an unsurpassed global portfolio in crude oil, refined products, natural gas, electrical power, and chemicals and has larger locations in London, Houston, Calgary, Singapore, Dubai, Rotterdam, and Barbados. Shell Trading is one of the world largest energy traders and is a key segment of the Shell portfolio.

What's the role

The UK Power Short Term Trading desk forms part of the European Power trading organisation. The Short Term Trader is part of a team which is responsible for supporting the commercial and operational management of SE‑EA (Shell Energy Europe & Africa)’s power activities in the UK. The SE‑EA power portfolio is an industry leading mix of remotely operated generation assets, flexible renewable generation and algorithmically controlled battery storage assets. The UK Power Short Term Trading Team was the first team ever to control aggregated generation units in the GB's balancing mechanism via the use of algorithms. The team continues to be the market leader in terms of short‑term optimisation of physical assets.

This role would be focused on trading our renewables portfolio and taking spec positions to maximise the P&L. You would also have exposure to our battery and thermal portfolio, working closely with the 24/7 shift team (the role itself does not involve nights). It also provides opportunities to trade interconnectors/related continental markets.

What you'll be doing

• Actively trade power and interconnector capacities in the short‑term markets, including day‑ahead, intra‑day, and balancing markets, delivering material P&L.
• Utilize automated trading systems where feasible to respond to market changes instantly. Deliver improvements to the algorithmic trading strategies.
• Analyze market trends, regulatory changes, grid stability, interconnector flows, and economic indicators that impact the power and capacity markets across borders.
• Implement risk management strategies to minimize financial exposure related to power and capacity trades. Continuously monitor positions against market movements and regulatory requirements.
• Coordinate with other desks, functions and system operators to align strategies and manage the portfolio's exposure. Participate in market operator forums to stay ahead of industry changes.
• Produce detailed reports on trading activities, performance metrics, and market conditions. Present findings and strategies to internal stakeholders.
• Mentor and develop junior traders to ensure effective knowledge transfer regarding market dynamics, execution strategies, and risk frameworks. Support their commercial growth and decision‑making capabilities to build a resilient and high‑performing team.
• Partner with quantitative analysts and developers to drive the build‑out of advanced trading tools, fundamental models, and automation. Identify opportunities to enhance desk capabilities and translate analytical insights into actionable commercial strategies that maximise value capture.
• Ensure compliance with all relevant regulations and contractual customer obligations, including REMIT, the Grid Code and Shell policies.

What you bring

• Proven track record for spec trading at short‑term power markets.
• In‑depth knowledge of the UK and European energy markets, understanding key market drivers and trading regulations.
• Strong quantitative skills, with proficiency in sophisticated trading and analytical platforms.
• Bachelor's or Master's degree in Finance, Economics, Engineering, or a related field.
• Excellent decision‑making abilities, capable of performing under pressure in a fast‑paced environment.
• Effective communication and interpersonal skills, with the ability to explain complex trading strategies clearly.
• Self‑starter, able to effectively multi‑task and prioritise own workload and the wider team's deliverables.

After you submit your application, you will receive an email from Shell providing a link to an online assessment (HireVue) that is a mandatory part of the process and has a validity period - please check your spam/junk mailbox if you do not see the email. Once completed, your application will be reviewed to determine next steps. Thank you for your interest in Shell.

What we offer

• Progress as a person as we work on the energy transition together.
• Continuously grow the transferable skills you need to get ahead.
• Work at the forefront of technology, trends, and practices.
• Collaborate with experienced colleagues with unique expertise.
• Achieve your balance in a values‑led culture that encourages you to be the best version of yourself.
• Benefit from flexible working hours, and the possibility of remote/mobile working.
• Perform at your best with a competitive starting salary and annual performance‑related salary increase - our pay and benefits packages are considered to be among the best in the world.
• Take advantage of paid parental leave, including for non‑birthing parents.
• Join an organisation working to become one of the most diverse and inclusive in the world. We strongly encourage applicants of all genders, ages, ethnicities, cultures, abilities, sexual orientation, and life experiences to apply.
• Grow as you progress through diverse career opportunities in national and international teams.
• Gain access to a wide range of training and development programmes.

Shell in The United Kingdom

Shell UK remains one of the North Sea's biggest producers, supplying around 10% of the UK's total oil and gas needs. But perhaps the most recognisable face of Shell in the UK is our network of over 1,000 Shell‑branded service stations.

In the years ahead, as the UK looks to strengthen energy security and deliver its 2050 net‑zero goal, Shell UK aims to play a crucial role. We aim to be a major investor in the UK energy system by helping our customers decarbonise with a focus on transport and industry.

DISCLAIMER

Please note: We occasionally amend or withdraw Shell jobs and reserve the right to do so at any time, including prior to the advertised closing date. Before applying, you are advised to read our data protection policy. This policy describes the processing that may be associated with your personal data and informs you that your personal data may be transferred to Shell/Shell Group companies around the world. The Shell Group and its approved recruitment consultants will never ask you for a fee to process or consider your application for a career with Shell. Anyone who demands such a fee is not an authorised Shell representative and you are strongly advised to refuse any such demand. Shell is an Equal Opportunity Employer.