Senior Nordic Power Trader (f/m/d)

Uniper; Oslo; On-site; NOK 1,000,000 - 2,500,000; Full time

Job summary

Uniper seeks an experienced trader to run proprietary trading strategies across power, gas and carbon in the Nordic region, collaborating with portfolio managers and analysts to generate hedging ideas and trading strategies.

The role emphasizes developing forecasting models and close interaction with risk and analytics teams to optimise asset performance under tight deadlines.

Qualifications

• Minimum 7 years proprietary trading experience from the Nordic market with both standard and non-standard products.
• Experience from international trading house or major utility with a focus on the Nordic Region, but with trading experience in adjacent markets.
• Detailed knowledge about the fundamental specifications of the Nordic thermal and hydro system.
• Fluency in English and in one of the following Nordic languages: Norwegian, Swedish or Danish.

Responsibilities

• Run your own proprietary trading strategy across power, gas and carbon.
• Interact closely with internal portfolio managers and analysts to develop successful hedging and trading strategies and ideas.
• Interact closely with analysts to develop successful trading strategies and trading ideas.
• Actively participate in developing forecasting models.
• Support asset optimisation and dynamic hedging activities. Interact closely with internal portfolio managers and analysts to develop successful hedging and trading strategies and ideas.
• Manage a close relation to your colleagues working in the risk functions.

Skills

Proprietary trading

Nordic market focus

Trading strategy

Forecasting models

Communication skills

Team player

Education

Economics/Finance degree

Job description

At Uniper, we are pro-actively transforming the world of energy whilst at the same time ensuring security of energy supply. As an internationally operating company, we work in very diverse teams with the greatest possible working time flexibility for our employees. Our corporate culture is characterized by equal opportunities, mutual appreciation, and respect. With us, you will be able to develop new business models, work on technological solutions for a modern, sustainable, and future-oriented energy supply as well as pro-actively help to shape changes. Interested? Then we will look forward to meeting you!

Your responsibilities

• Run your own propriety trading strategy across power, gas and carbon
• Interact closely with internal portfolio managers and analysts to develop successful hedging and trading strategies and ideas
• Interact closely with analysts to develop successful trading strategies and trading ideas
• Actively participate in developing forecasting models
• Support asset optimisation and dynamic hedging activities. Interact closely with internal portfolio managers and analysts to develop successful hedging and trading strategies and ideas
• Manage a close relation to your colleagues working in the risk functions

Your profile

• Minimum 7 years proprietary trading experience from the Nordic market with both standard and non-standard products
• Experience from international trading house or major utility with a focus on the Nordic Region, but with trading experience in adjacent markets. Including but not limited to German power, Coal and CO2
• Detailed knowledge about the fundamental specifications of the Nordic thermal and hydro system
• Relevant economic or finance degree or similar qualification
• Strong analytical, meteorological, structuring, pricing and model building skills
• Fluency in English and in one of the following Nordic languages: Norwegian, Swedish or Danish
• Strong interpersonal and communication skills
• Ability to work under pressure and to tight timing deadlines
• Be a team player