Power Derivatives - Exchange Desk Analyst/ Associate

Nord Pool AS; Oslo; Sur place; NOK 700 000 - 950 000; Plein temps

Résumé du poste

Nord Pool AS, part of Euronext, is seeking an Exchange Desk professional to be the first line of contact for trading members and market participants across Nordic, Baltic and Continental power products. The role supports trading, risk management education, and onboarding, ensuring orderly markets throughout the trading day.

You will work closely with Operations, EMS, Sales and Product teams, participate in seminars, and help scale the offering as it expands into new regions.

Qualifications

• Bachelor's degree or higher in finance, energy, economics or a related field, or equivalent relevant experience.
• 2-5 years' experience at a trading desk, market operations or exchange / broker operations environment, ideally in energy markets.
• Understanding of power derivatives markets and ability to communicate with market participants clearly under time pressure.
• Proficiency with trading / order-management systems and standard analytical tools; fluent in English and a Scandinavian language.

Responsabilités

• Operate Exchange desk core tasks, such as order management, trade registration and assistance with trade cancellation.
• Be in regular contact with market participants contributing to liquidity and ensure awareness of activity on the Central Order Book.
• Build and maintain relationships with market participants, Market Makers/Liquidity Providers, and ISVs.
• Provide client support and onboarding assistance for new products and initiatives.
• Contribute to continuous improvement of operational efficiencies and tools to secure an orderly market.

Connaissances

Trading desk experience

Market operations

Power derivatives understanding

Clear communicator

Attention to detail

MS Office proficiency

Formation

Bachelor's degree or higher in finance/energy/economics

Outils

Trading/order-management systems

PowerBI

Excel

PowerPoint

Description du poste

The Role plays a central role in Nord Pool / Euronext's Exchange Desk team at a pivotal moment for European power. Operating on a shift basis, you are a first point of contact for trading members and other market participants, supporting trading across an expanding suite of Nordic, Baltic and Continental power products, and safeguarding orderly, transparent markets throughout the trading day. You work closely with members, Euronext's clearing and trading functions and internal technology teams to keep Europe's power markets running - and to help scale that offering as it grows across new regions.

Key Responsibilities

• Operate Exchange desk core tasks, such as order management, trade registration and assistance with trade cancellation.
• Be in regular contact with market participants contributing to the liquidity of the Power derivative market and ensure awareness of the activity on the Central Order Book.
• Build and maintain strong relationships with market participants, including trading members, Market Makers/Liquidity Providers, Non-Executing Brokers and ISVs.
• Promote the Exchange Desk as first point of contact for Trading Members and other market participants in the Power derivative market.
• Provide market participants with education on the use of power futures contracts for risk management.
• Participate in, and lead power futures-related seminars during the year.
• Provide technical information to market participants, such as new product details or graphic user interface usage for all relevant trading and clearing front ends.
• Help with the onboarding of new Trading Members, from sales and marketing until ready for trading.
• Work hand in hand with other members of the Exchange Desk team, fostering a culture of excellence, collaboration, and innovation.
• Provide client support and advise on client onboarding on new products / initiatives until go live.
• Contribute to continuous improvement in operational efficiencies and tools to enhance the day-to-day operational activities, evaluating and selecting improvement opportunities that provide long-term value and minimize operational risks, secure an orderly market.
• Work closely with internal stakeholders such as Operations, EMS, Sales and Product/Business development.

Required Qualifications

• Bachelor's degree or higher in finance, energy, economics or a related field, or equivalent relevant experience.
• 2-5 years' experience at a trading desk, market operations or exchange / broker operations environment, ideally in energy markets.
• Understanding of power derivatives markets
• Clear, confident communicator able to manage complex member issues calmly under time pressure.
• High attention to details and accuracy in a real-time, business-critical setting.
• Proficiency with trading / order-management systems and standard analytical tools
• Proficiency in Microsoft Office (Excel, PowerBI, Powerpoint and Word)
• Willingness and ability to work shift within the Exchange Desk opening hours (07:30-18:30 CET), which can include Norwegian public holidays when the Continental markets are open.
• Fluent in written and spoken English and a Scandinavian language.

Preferred Qualifications

• Direct experience of European power markets
• Knowledge of matching-engine behaviour, order types and market microstructure.
• Proficiency in written and spoken German would be an advantage.
• Familiarity with regulatory frameworks, clearing processes and other exchange-relevant matters affecting power derivatives trading.

We are proud to be an equal opportunity employer.

We do not discriminate against individuals on the basis of race, gender, age, citizenship, religion, sexual orientation, gender identity or expression, disability, or any other legally protected factor.

We value the unique talents of all our people, who come from diverse backgrounds with different personal experiences and points of view and we are committed to providing an environment of mutual respect.

Additional Information

This job description is only describing the main activities within a certain role and is not exhaustive. It does not prevent to add more tasks, projects. Euronext is the leading European capital market infrastructure, covering the entire capital markets value chain, from listing, trading, clearing, settlement and custody to solutions for issuers and investors. Euronext operates MTS, one of Europe’s leading electronic fixed income trading markets, and Nord Pool, the European power market. Euronext also provides clearing and settlement services through Euronext Clearing and its Euronext Securities central securities depositories (CSDs) in Denmark, Italy, Norway and Portugal. Euronext’s regulated exchanges in Belgium, France, Greece, Ireland, Italy, the Netherlands, Norway and Portugal host a broad range of listed issuers, a strong blue-chip franchise and the largest global center for debt and fund listings. With a diverse domestic and international client base, Euronext is a major venue for European lit equity trading. Its products include equities, FX, ETFs, bonds, derivatives, commodities and indices. For the more information, please visit our career website.