Power Strategist

BALYASNY ASSET MANAGEMENT (SINGAPORE) PTE. LTD.; Singapore; On-site; SGD 70,000 - 90,000; Full time

Job summary

A leading financial institution in Singapore is seeking a Power Strategist to join their trading team, focusing on proprietary trading in the Australian and Japanese power markets. The role involves collaboration with risk and compliance teams, generating trading ideas, and developing quantitative tools for pricing and risk management. Candidates should possess a Bachelor's degree and have a minimum of 1 year of experience in APAC power markets, along with coding skills in Python, R, and SQL.

Qualifications

• Minimum 1 year of experience in APAC power markets.
• Experience in front office environments at hedge funds, banks, or trading houses.
• Ability to collaborate with risk departments for framework building.

Responsibilities

• Perform proprietary trading of futures and options in APAC power markets.
• Generate trading ideas through fundamental analysis.
• Develop quantitative tools and models for pricing and risk management.

Skills

Power trading expertise

Data Analytics

Coding in Python

Coding in R

Coding in SQL

Education

Bachelor’s degree from a reputable university

Job description

POSITION SUMMARY

The Power Strategist will be based in our Singapore office as part of a trading team focusing on power trading in the Australian and Japanese Power Markets.

ROLE OVERVIEW

Responsibilities include, but are not limited to:

• Power Strategist working as part of a team focusing on proprietary trading of futures and options in the APAC power markets, with a particular focus on Australia and Japan.
• Collaboration with risk, compliance and other teams operationally to set up robust trading systems
• Continuously generating trading ideas by conducting fundamental analysis of relevant power and fuels markets.
• Development of quantitative tools and models to support pricing, position taking and risk management.
• Development of option pricing tools and models.
• Development of PnL tools and models.
• Working with portfolio managers to produce price views, and recommend trading strategies, including stress testing of risk.

REQUIREMENT

• Bachelor’s degree or the equivalent from a reputable university.
• Minimum 1 year of APAC power markets experience gained from a front office environment at a hedge fund, bank, trading house or similar.
• Experience of working directly with proprietary traders.
• Experience with Data Analytics.
• Ability to code in Python, R, SQL.
• Experience in building risk frameworks for power markets as close collaboration with risk department in the firm is required.
• Experience in working with Japan and Australia Power Market’s option pricing and modeling.
• Knowledge of derivatives valuation methodologies and risk management practices specific to APAC power markets.