Energy Trader - Commodities

Placements24; The Islands (MS); Hybrid; USD 55,000 - 92,000; Full time

Benefits offered by this job

Performance-based bonuses

Health insurance

Pension fund and investment options

Job summary

Placements24 is seeking an Energy Trader in Paarl to manage the buying and selling of electricity, gas, and derivatives. You will analyze market trends, identify opportunities, and execute real-time trades to optimize profit and risk management.

The ideal candidate has a strong quantitative background, experience in energy markets, and the ability to make rapid, informed decisions under pressure.

Qualifications

• Bachelor's degree in Finance, Economics, Mathematics, or a related quantitative field.
• Minimum of 5 years of experience in energy trading, commodity trading, or financial markets.
• Demonstrated understanding of energy markets, trading mechanisms, and derivatives.
• Strong analytical, quantitative, and problem-solving skills.

Responsibilities

• Execute trading strategies for electricity, natural gas, and other energy commodities.
• Monitor market conditions, news, and data to identify profitable trading opportunities.
• Analyze supply and demand fundamentals, weather patterns, and regulatory changes impacting energy prices.
• Manage trading positions, risk exposure, and ensure compliance with trading policies.
• Develop and maintain relationships with market participants, brokers, and counterparties.
• Report on trading performance, market insights, and risk positions to management.

Skills

Energy trading

Quantitative background

Strong analytical skills

Derivatives

Under pressure decisions

Education

Bachelor's degree in Finance/Economics/Mathematics

Job description

About the Role

Our client, a prominent player in the energy market, is looking for a sharp and analytical Energy Trader to join their team in Paarl. This dynamic role involves managing the buying and selling of energy commodities, including electricity, gas, and related derivatives, to optimize profit and manage risk. You will analyze market trends, identify trading opportunities, and execute trades in real-time across various platforms. The ideal candidate possesses a strong quantitative background, an understanding of energy markets, and the ability to make quick, informed decisions under pressure.

Key Responsibilities

• Execute trading strategies for electricity, natural gas, and other energy commodities.
• Monitor market conditions, news, and data to identify profitable trading opportunities.
• Analyze supply and demand fundamentals, weather patterns, and regulatory changes impacting energy prices.
• Manage trading positions, risk exposure, and ensure compliance with trading policies.
• Develop and maintain relationships with market participants, brokers, and counterparties.
• Report on trading performance, market insights, and risk positions to management.

Requirements

• Bachelor's degree in Finance, Economics, Mathematics, or a related quantitative field.
• Minimum of 5 years of experience in energy trading, commodity trading, or financial markets.
• Demonstrated understanding of energy markets, trading mechanisms, and derivatives.
• Strong analytical, quantitative, and problem-solving skills.
• Ability to perform under pressure and make critical decisions rapidly.
• Excellent communication and negotiation skills.

Benefits

• Highly attractive base salary with significant performance-based bonuses.
• Comprehensive health, dental, and vision insurance.
• Pension fund and investment opportunities.
• Professional development and continuous learning support.
• Exposure to global energy markets and cutting-edge trading strategies.