Short Term Power Trader

TN United Kingdom; London; On-site; GBP 60,000 - 100,000; Full time

Job summary

An established industry player is seeking a Short Term Trader to join their dynamic UK Power Trading team. This role involves actively trading power and interconnector capacities in fast-paced markets, utilizing automated systems to respond to market changes. The ideal candidate will have extensive experience in GB power markets, strong quantitative skills, and a proven track record in speculative trading. Join a forward-thinking company that values innovation, diversity, and career development, where your contributions will directly impact the energy landscape and help shape a sustainable future.

Benefits

Career Development Programs

Flexible Working Hours

Health Insurance

Pension Scheme

Employee Discounts

Training and Development

Wellness Programs

Performance Bonuses

Qualifications

• Extensive experience in GB power markets, especially in speculative trading.
• Strong quantitative skills and proficiency in trading platforms.

Responsibilities

• Trade power and interconnector capacities in short-term markets.
• Analyze market trends and implement risk management strategies.

Skills

Speculative Trading

Interconnector Capacity Trading

Quantitative Analysis

Market Trend Analysis

Risk Management

Communication Skills

Decision-Making

Education

Bachelor’s Degree in Finance

Master’s Degree in Economics

Engineering Degree

Tools

Automated Trading Systems

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’s the role?

The UK Power Short Term Trading team forms part of the European Power trading organisation. The Short Term Trader is part of a team which is responsible for supporting the commercial and operational management of SE-EA’s (Shell Energy Europe & Africa) power activities in the UK.

The SE-EA power portfolio is an industry leading mix of remotely operated generation assets, flexible renewable generation and algorithmically controlled battery storage assets. The UK Power Short Term Trading Team was the first team ever to control aggregated generation units in the GB’s balancing mechanism via the use of algorithms. The team continues to be the market leader in terms of short-term optimisation of physical assets. Your accountabilities include the following:

• 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.
• Analyze market trends, regulatory changes, grid stability, interconnector flows, and economic indicators that impact the power and capacity markets across borders.
• Implement risk management strategies to minimize financial exposure related to power and capacity trades. Continuously monitor positions against market movements and regulatory requirements.
• 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. Participate in market operator forums to stay ahead of industry changes.
• Produce detailed reports on trading activities, performance metrics, and market conditions. Present findings and strategies to internal stakeholders.
• Ensure compliance with all relevant regulations and contractual customer obligations, including REMIT, the Grid Code and Shell policies.

What we need from you

We hope to see the following:

• Extensive experience as a trader in GB power markets, with specific expertise in speculative trading and interconnector capacity trading.
• Proven track record for spec trading at short term power markets
• In-depth knowledge of the UK and European energy markets, understanding key market drivers and trading regulations.
• Strong quantitative skills, with proficiency in sophisticated trading and analytical platforms.
• 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.
• Effective communication and interpersonal skills, with the ability to explain complex trading strategies clearly.
• Self-starter, able to effectively multi-task and prioritise their own workload and the wider team’s deliverables

If you don't see yourself fully reflected in every job requirement listed on the posting above, we still encourage you to reach out and apply. Research has shown that not everyone often applies when they don’t feel 100% qualified. We are committed to creating a more equitable, inclusive, and diverse company and we strongly encourage applicants of all genders, ages, ethnicities, cultures, abilities, sexual orientation, and life experiences to apply. We look forward to receiving your application.

More about Shell UK

Shell started operations in the United Kingdom more than 110 years ago. Since then, we have grown into a leading innovative Oil & Energy company that rewards its employees by investing heavily in their careers and learning. Our people are our greatest asset, and our commitment to your career will see you thrive in a work environment that offers an industry-leading development programme. When your ideas travel, Shell will benefit, and innovation will thrive. Shell has a key role to play in helping meet the UK’s growing energy demand, whilst using innovative technologies to develop cleaner energy. We are the largest FTSE 100 company in the UK by market capitalisation and make a significant contribution to the UK economy. As well as processing 35% of the gas coming into the UK, we serve more than four million customers at our filling stations each week. Shell employs some 6,400 skilled staff as well as many contractors.

Shell Energy Europe & Africa (SEE-A) is part of Shell Trading & Supply organization with a focus on European gas and power markets. European power business is a highly dynamic and challenging environment. We want to be at top 3 physical player in all our core markets. To achieve this aspiration, we are building a top tier origination, trading and analytics that use technology to develop a competitive advantage to generate above market risk adjusted returns. This role will be part of Short-Term Trading & Flex SE-EA desk located in London.

An innovative place to work

There’s never been a more exciting time to work at Shell.

Join us and you’ll be adding your talent and imagination to a business with the ambition to shape the future – whether by investing in oil, gas and renewable energy to meet demand, exploring new ways to store energy, or developing technology that helps the world to use energy more efficiently, everyone at Shell does their part.

An inclusive place to work

To power progress, we need to attract and develop the brightest minds and make sure every voice is heard. Here are just some of the ways we are nurturing an inclusive environment – one where you can express your ideas, extend your skills, and reach your potential.

• We’re creating a space where people with disabilities can excel through transparent recruitment process, workplace adjustments and ongoing support in their roles. Feel free to let us know about your circumstances when you apply, and we’ll take it from there.
• We’re closing the gender gap – whether that’s through action on equal pay or by enabling more women to reach senior roles in engineering and technology.
• We’re striving to be a pioneer of an inclusive and diverse workplace, promoting equality for employees regardless of sexual orientation or gender identity.
• We consider ourselves a flexible employer and want to support you finding the right balance. We encourage you to discuss this with us in your application.

A rewarding place to work

Combine our creative, collaborative environment and global operations with an impressive range of benefits and joining Shell becomes an inspired career choice.

We’re huge advocates for career development. We’ll encourage you to try new roles and experience new settings. By pushing people to reach their potential, we frequently help them find skills they never knew they had, or make career moves they never thought possible.