Junior Trader - Algo Energy Trading

Ezetop LLC; London; On-site; GBP 40,000 - 65,000; Full time

Job summary

An innovative trading firm is seeking a Junior Power Trader to shape the future of energy trading. This role offers the opportunity to work with algorithmic strategies, analyze market dynamics, and collaborate with experienced traders and data scientists. The ideal candidate will possess strong numerical skills and Python experience, with a passion for the energy sector. Join a supportive team dedicated to personal development and high-quality work in a dynamic environment. This is a chance to make a significant impact in a rapidly evolving industry.

Benefits

Competitive Salary

Supportive Team

Personal Development Opportunities

Qualifications

• Strong numerical and problem-solving skills are essential.
• Ability to communicate complex issues simply is required.

Responsibilities

• Monitor execution of algorithmic trading strategies.
• Manage open risk and adjust algorithm parameters as needed.
• Conduct post-trade analysis and produce market analysis pieces.

Skills

Numerical Skills

Problem-Solving Skills

Python

Job description

At Quark, we’re bringing together exceptionally talented and passionate people in the domains of energy and securities trading, quantitative research and software engineering. We’re a proprietary trading firm developing high-frequency trading strategies for power markets, as these systems slowly catch up to the algorithmic penetration of other liquid assets.

We are a joint venture between Liger Investments and Habitat Energy, founded in 2020 and based in London. Liger Investments, founded in 2007, is a global organization operating on the cutting-edge of algorithmic trading, specialising in futures and derivatives contracts on some of the world’s largest exchanges. Habitat Energy, founded in 2017, optimizes flexible assets in the UK, Australian and US electricity markets and possesses strong electricity markets and data science expertise. Habitat Energy is a portfolio company of Quinbrook Infrastructure Partners.

We are looking for smart, motivated and self-driven people to join our team, who want to play a role in shaping a new facet of the energy industry. We have a vacancy for a Junior Power Trader to join our team. The role will require you to gain a deep understanding of the electricity market dynamics and of automatic trading functioning to contribute to the growth of the business.

Key responsibilities will include:

• Monitoring the execution of algorithmic trading strategies in the market
• Managing open risk in the market as needed
• Adjusting the algorithm's parameters and identifying new trading strategies, together with senior traders and data scientists
• Testing new strategies and analyzing market data
• Post-trade analysis to ensure we are capturing the right opportunities
• Identifying improvements to our tools and processes
• Producing market analysis pieces as requested by Senior Traders

The role will require flexibility to work to cover a rota including some early and later shifts, weekends and Bank Holidays from our centrally located Paddington office. A portion of the training will take place in Krakow, where the development team sits. We’re looking for someone who is a great fit for our company. We want people who take accountability, build trust and are innovative. We encourage you to apply even if you may not meet every requirement in this posting. We value diversity and our environment is supportive, challenging and focused on the consistent delivery of high-quality, meaningful work.

Requirements:

• Strong numerical and problem-solving skills
• The ability to simplify and communicate complex issues
• Python experience is a must.

Extra credit if you can demonstrate:

• An understanding of market dynamics, especially the UK and European prompt power markets
• Model building experience
• An interest in Poker or other risk based activities

In return, we’ll give you a competitive salary, a brilliant, supportive team and a whole load of personal development