Senior Power Trader

ExxonMobil; Greater London; On-site; GBP 80,000 - 100,000; Full time

Job summary

A leading energy firm is seeking an experienced Senior Power Trader to join its London team. This pivotal role involves executing trade strategies and analyzing market data to capture pricing opportunities in GB and EU power markets. Candidates should have 7-10 years of experience in trading power curves and a strong record of speculative P&L generation. Proficiency in data analysis and experience with quantitative teams are preferred. Strong relationships with market participants are essential for success in this position.

Qualifications

• 7-10 years trading in GB/EU power curve markets with demonstrable speculative P&L.
• Deep understanding of power markets, with experience in forward asset optimization.
• Strong relationships with market counterparties.

Responsibilities

• Develop and execute trade strategies across UK and Europe power curves.
• Analyse fundamental and market data to generate trade ideas.
• Take ownership of trade strategies using VAR limits and P&L performance.
• Maintain strong relationships with brokers and market participants.

Skills

Proficiency in analysing large datasets

Knowledge of Python

Knowledge of SQL

Advanced Excel skills

Excellent communication skills

Strong situational awareness

Job description

Job Role Summary

About the Role

We are seeking an, experienced Senior Power Trader to strengthen our London trading team. This is a high‑impact role for a Senior Power Trader with a strong track record of proprietary trading P&L generation in power curve markets. You will identify opportunities in the power markets by leveraging market insight & quantitative analysis, then design and execute forward‑market trade strategies across GB & EU power curves.

Job Role Responsibilities

Key Responsibilities

Speculative & Proprietary Trading

• Develop and execute directional and spread trade strategies across UK and Europe power curves.
• Manage positions down the curve in response to fundamental, technical, fuel /emission prices and weather‑driven signals.
• Identify pricing inefficiencies and distortions between markets, tenors, and products to generate P&L.

Market Analysis & Modelling

• Analyse fundamental, regulatory, and market data to generate trade ideas and stress‑test scenarios.
• Collaborate with quants to enhance models affecting power price formation, volatility, and cross‑commodity dynamics.
• Work with the analyst team to maintain supply/demand models factoring trends and generation mix changes.

Risk & Performance Management

• Take ownership of trade strategies using VAR limits, P&L performance & trade management techniques. Work with Risk to maintain accurate position management.
• Adhere strictly to compliance and regulatory guidelines applicable to European and UK power markets and to ExxonMobil policies

Collaboration & Market Engagement

• Have & maintain strong relationships with brokers, market participants, and counterparties to support deal flow business and market access.
• Mentor junior traders and contribute to widening desk capability and strategy development.

Technical Skills & Competencies

Technical & Analytical Skills

• Proficiency in analysing large datasets; working knowledge of Python, SQL, and advanced Excel preferred.
• Ability to work with quantitative teams on improving models, signals, and analytics that support trading strategy.

Competencies

• Highly numerate, decisive, and comfortable taking well considered risk.
• Excellent communication skills and the ability to articulate trade rationale clearly.
• Strong situational awareness, discipline, and an ability to operate effectively in fast‑moving markets.

Experience & Track Record

• 7–10 years trading GB/EU power curve markets with a demonstrable speculative P&L and proven commercial impact.
• Deep understanding of power markets, ideally including experience with forward asset optimization.
• Strong relationships with market counterparties and experience of deal development.