Shift Trader

Shell; London; Hybrid; GBP 50,000 - 70,000; Full time

Job summary

A leading energy company is looking for a Shift Trader for their UK Power Trading team. You will manage trades in short-term markets and work with a 24/7 shift team, utilizing strong analytical skills and a deep understanding of energy markets. Ideal candidates should have a relevant degree and experience in trading. The role offers a competitive salary, flexible working options, and opportunities for professional growth.

Benefits

Competitive starting salary

Flexible working hours

Paid parental leave

Training and development programmes

Qualifications

• Experience trading on exchanges, including managing assets in the UK Balancing Mechanism.
• Proficient in trading and analytical platforms.
• Understanding key market drivers and trading regulations.

Responsibilities

• Actively trade power in short-term markets like day-ahead and intra-day.
• Analyse market trends and regulatory changes.
• Coordinate strategies with other desks and functions.

Skills

Experience trading on exchanges

Strong quantitative skills

In-depth knowledge of energy markets

Excellent decision-making abilities

Track record of managing risk

Team player with communication skills

Ability to work in a 24/7 shift

Education

Bachelor’s or Master’s degree in Finance, Economics, Engineering

Tools

Sophisticated trading and analytical platforms

Job description

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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 Royal Dutch/Shell portfolio.

What you’ll be doing

The UK Short Term Power Trading team forms part of the European Power trading organisation. The Shift Trader is part of a 24-hour shift team which is responsible for the commercial and operational management of SE-EA’s (Shell Energy Europe & Africa) power activities in the UK. The role involves working outside of normal office hours including weekends, bank holidays and overnight.

The SE-EA power portfolio is an industry leading mix of thermal generation assets, flexible renewable generation (primarily wind and solar) and algorithmically controlled battery storage assets. The UK Power Shift Trading Team was the first team to ever control aggregated generation units in the GB’s balancing market and the first team to ever control storage assets via the use of algorithms. The team continues to be the market leader in terms of short-term optimisation of physical assets.

Accountabilities:

• Actively trade power and interconnector capacities in the short-term markets, including day-ahead, intra-day, and balancing markets
• Utilize automated trading systems where feasible to respond to market changes instantly
• Analyse power and gas market trends, regulatory changes, grid stability, interconnector flows, and economic indicators that impact the power and interconnector capacity markets in GB and across borders
• Responsible for the accurate trade allocation, nomination and physical scheduling of power assets
• Manage bids and offers on interconnector capacities, understanding the dynamics of cross-border energy flows and their impact on power prices
• Coordinate with other desks, functions and system operators to align strategies and manage the portfolio’s exposure, particularly from renewables assets
• Ensure compliance with all relevant regulations and contractual customer obligations, including REMIT, the Grid Code and Shell policies

What you bring

We hope to see the following:

• Experience trading on exchanges, including qualification to trade UK power on EPEX and managing assets in the UK Balancing Mechanism.
• Strong quantitative skills, with proficiency in sophisticated trading and analytical platforms.
• In-depth knowledge of the GB and European energy markets, understanding key market drivers (e.g. weather, generation stacks, etc.) and trading regulations.
• 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.
• Track record of managing risk and delivering profit
• A self-starter, with the ability and confidence to take ownership of issues, managing to resolution
• Team player with excellent communication and interpersonal skills
• Be flexible, working as part of a 24/7 shift team in London

What we offer

You bring your skills and experience to Shell and in return you work with talented, committed people on one of the most important challenges facing our planet. You’ll have the opportunity to develop the skills you need to grow in an environment where we value honesty, integrity, and respect for one another. You’ll be able to balance your priorities as you become the best version of yourself.

• 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 performancerelated 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.

We are committed to attracting a broader and more diverse pool of candidates. If this position doesn’t feel like the perfect fit for your qualifications right now, we’d still love to hear from you. Consider creating a profile in our Talent Community so we can keep you in mind for future opportunities that may align with your skills.

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.