Power Derivatives - Exchange Desk Analyst/ Associate

Euronext; Oslo; On-site; NOK 900,000 - 1,200,000; Full time

Job summary

Euronext is seeking a candidate to join the Nord Pool / Euronext Exchange Desk in Oslo, handling order management, trade registration and client onboarding across Nordic, Baltic and Continental power products.

The role involves engaging with market participants, coordinating with clearing and tech teams, and leading seminars on power futures. Shift work 07:30–18:30 CET is required, with potential holidays. English and a Scandinavian language are essential.

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.

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.

Skills

Trading systems

Power derivatives

Microsoft Office

Communication

Education

Bachelor’s degree in finance/energy/economics or related

Tools

PowerBI

Excel

PowerPoint

Word

Job description

Role Purpose

The Role plays a central role in Nord Pool / Euronext's Exchange Desk team at a pivotal moment for European power.

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.