Senior Short Term Power Trader

TN United Kingdom; Glasgow; Hybrid; GBP 70,000 - 90,000; Full time

Job description

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Location: Hub based! Bristol, London or Glasgow

But you have the flexibility to work wherever suits you best

Team: Trading, part of the Energy business line

Experience: Expert

Working pattern: Full-Time

Reporting to: Gethin Musk - Head of Trading

Sponsorship: Unfortunately we are unable to offer sponsorship for this role.

This role in 3 words: Multifaceted, Innovative, Exciting

Top 3 qualities for this role: Proactive and Results Driven, Creative, Expert

In the words of the team, you should leave your current role for this one because….

“It’s a really exciting opportunity, and you get to work with some great people!”

Everyone belongs at OVO

At OVO, we are on a mission to solve one of humanity's biggest challenges, the climate crisis. We know it takes all of us to change the world. That's why we need a diverse group of people from all backgrounds to join us.

Teamworking for the planet

Everything we do here spins around Plan Zero. The Trading team works daily to secure the best energy costs for our members through wholesale market expertise and developing within-day power trading capabilities, crucial for future energy needs.

This role in a nutshell:

Using your energy trading expertise, you will lead the development of our new within-day trading desk to optimize OVO’s power activities and deliver P&L growth. You will leverage your UK Power markets knowledge and work with tech and data science teams to build analytical tools for trading decisions.

Expect to hit significant P&L targets by optimizing large power positions and taking calculated risks to generate value.

Your key outcomes will be:

• Delivery of a new within-day power trading capability
• Achieving a defined £m benefit versus costs and targets
• Developing team members to support your portfolio

Within your first months, you will:

• Set up initial EPEX trading and execute first trades
• Work with portfolio management to deliver a trading book and reporting suite
• Plan to build advanced analytical tools

Systems: BMRS data, ETRM system, Tableau, SQL, Python

You’ll be a successful Senior Short Term Power Trader if you…

• Have proven UK Power market trading experience
• Understand global energy trends and wholesale markets
• Have a history of adding value through trading and optimization
• Work well across teams and deliver projects
• Are innovative, responsible, and value-driven
• Can execute critical processes with precision
• Interrogate model outputs and provide feedback
• Communicate recommendations clearly and act swiftly
• Support and develop fellow traders and analysts

You won’t like this role if you…

• Struggle with decision-making under uncertainty
• Dislike ending your day unsure about tomorrow
• Prefer slow-paced environments

What’s in it for you

Salary between £70,000 and £90,000, plus a 15% bonus, flexible benefits, and extra pay options. Benefits include holiday, health, lifestyle, home, and commute perks, with a focus on support and inclusion.

Belonging at OVO

We promote diversity and inclusion through our Belonging Networks, encouraging everyone to participate and share their experiences to build a truly inclusive workplace.