Senior Power Trader

-; London; Hybrid; GBP 125,000 - 150,000; Full time

Job summary

A major energy company in the UK is looking for a Senior Power Trader to manage trading strategies and exposures in the EU markets. The successful candidate will have extensive trading experience, especially in Germany and the Netherlands, and a deep understanding of power markets. This role offers competitive salary, flexible working, and career growth opportunities.

Benefits

Flexible working hours

Competitive salary

Paid parental leave

Development of transferable skills

Access to training programs

Qualifications

• Extensive power curve trading experience in European markets, especially Germany and the Netherlands.
• Deep understanding of physical power markets, preferably with experience managing thermal and renewable assets.
• Strong grasp of market and weather fundamentals.

Responsibilities

• Construct trading strategies, manage exposures based on market analysis.
• Identify distortions between geographies and risks involved.
• Collaborate with customers and business development teams.

Skills

Power curve trading experience

Network within the industry

Understanding of physical power markets

Collaboration with fundamental teams

Job description

What's the role

The Senior Power Trader plays a key role in the EU Power and Certs Trading Desk, focusing on the CWE markets.

The EU Power Trading team, part of Shell Energy Europe & Africa's (SE-EA) European Power Trading team, manages proprietary trading and a growing portfolio that includes customer demand, renewable energy, batteries, and thermal generation. The team handles exposures from trading strategies through to delivery.

What you'll be doing

Main responsibilities include:

• Constructing trading strategies, taking positions, and managing exposures based on fundamental, weather, and technical market analysis across multiple markets.
• Identifying distortions between geographies, tenors, and generation types, and understanding the risks involved.
• Supporting the development of the desk's capabilities, portfolio, and fundamental models.
• Collaborating with external and internal customers and business development teams to introduce new structures or deal types to optimize exposures.
• Staying informed about regulatory and market developments.
• Ensuring compliance with all regulatory guidelines and within authorized mandates.
• Coaching and educating junior colleagues.

What you bring

We seek experienced trading professionals with:

• Extensive power curve trading experience in European markets, especially Germany and the Netherlands, with a proven track record.
• An established network within the industry.
• Deep understanding of physical power markets, preferably with experience managing thermal and renewable assets.
• A strong grasp of market and weather fundamentals, and willingness to collaborate with the fundamental team on model development.

What we offer

At Shell, you will work with talented colleagues on critical global energy challenges. We offer an environment that values honesty, integrity, and respect, helping you develop your skills and grow professionally. Our benefits include:

• Opportunities to contribute to the energy transition.
• Development of transferable skills.
• Exposure to cutting-edge technology and trends.
• Collaboration with experienced professionals.
• A culture that encourages personal growth and diversity.
• Flexible working hours and remote working options.
• Competitive salary with performance-based increases.
• Paid parental leave for all parents.
• Support for diversity and inclusion initiatives.
• Career growth through diverse opportunities domestically and internationally.
• Access to extensive training and development programs.

We welcome applications from all backgrounds. Even if this role isn't a perfect fit right now, we'd love to hear from you.

Shell in The United Kingdom

Shell UK is a major producer in the North Sea, supplying about 10% of the UK's oil and gas. We also operate a large network of Shell-branded service stations.

Looking ahead, Shell UK aims to enhance energy security and achieve net-zero emissions by 2050, investing in decarbonization efforts for transport and industry sectors.