Senior Energy Trader

Placements24; Riverton (UT); Hybrid; USD 73,000 - 127,000; Full time

Job summary

Placements24 in Upington, Northern Cape seeks a Senior Energy Trader to lead physical and financial trading of electricity and natural gas. You will analyze markets, develop strategies, and manage risk while driving profitability on a global energy trading desk.

The role requires 7+ years in energy trading, strong quantitative skills, and experience with Bloomberg/Refinitiv. This hybrid role offers collaboration on a global scale with a focus on profits and risk controls.

Qualifications

• Bachelor’s degree in Finance, Economics, Mathematics, Engineering or related quantitative field.
• Master’s degree is a plus.
• Minimum 7 years of experience in energy trading, preferably electricity and natural gas markets.
• Proven track record in achieving profit targets in volatile energy markets.
• Strong analytical, quantitative, and financial modeling skills.
• Knowledge of energy market structures, trading mechanisms, and regulatory frameworks.
• Proficiency with trading platforms and market data providers (Bloomberg, Refinitiv).
• Excellent decision-making under pressure and risk tolerance.
• Strong negotiation and communication skills.

Responsibilities

• Execute trading strategies for electricity, natural gas, and other energy commodities in physical and financial markets.
• Monitor market trends and indicators to identify opportunities and risks.
• Develop quantitative and qualitative trading models and strategies.
• Manage and optimize the energy portfolio to meet profit targets and manage price risk.
• Conduct market analysis including supply/demand forecasts and price volatility assessments.
• Build relationships with brokers, counterparties, and market participants.
• Ensure compliance with trading regulations and risk management procedures.
• Communicate positions and market outlooks to senior management.
• Analyze post-trade performance and refine trading strategies.
• Collaborate with risk management, legal, and operations teams.

Skills

Analytical skills

Financial modeling

Risk management

Trading platforms

Negotiation

Communication

Under pressure

Education

Bachelor’s degree in Finance/Economics/Math/Engineering

Master’s degree (plus)

Tools

Bloomberg

Refinitiv

Analytical tools

Job description

About the Role

Our client, a prominent entity in the global Energy markets, is seeking an accomplished Senior Energy Trader to join their dynamic trading desk in Upington, Northern Cape . This high-impact role involves the strategic buying and selling of energy commodities (electricity, gas, etc.) across various markets to maximize profitability while managing risk exposure. The ideal candidate will possess a deep understanding of energy market dynamics, strong analytical capabilities, and a proven track record in successful trading operations. This is a key position to influence the company's market position and financial performance.

Key Responsibilities

• Execute trading strategies for electricity, natural gas, and other energy commodities in physical and financial markets.


• Monitor market trends, news, and economic indicators to identify trading opportunities and risks.


• Develop and implement quantitative and qualitative trading models and strategies.


• Manage and optimize the company's energy portfolio to achieve profit targets and manage price risk.


• Conduct in-depth market analysis, including supply/demand forecasts, price volatility assessments, and competitor analysis.


• Build and maintain strong relationships with brokers, counterparties, and market participants.


• Ensure compliance with all relevant trading regulations, policies, and risk management procedures.


• Communicate trading positions, market outlooks, and risk exposures to senior management.


• Analyze post-trade performance and identify areas for improvement in trading strategies.


• Collaborate with risk management, legal, and operational teams to ensure seamless trading activities.

Requirements

• Bachelor's degree in Finance, Economics, Mathematics, Engineering, or a related quantitative field.


• Master's degree is a plus.


• Minimum of 7 years of experience in energy trading, preferably within electricity and natural gas markets.


• Demonstrated success in achieving profit targets in volatile energy markets.


• Strong analytical, quantitative, and financial modeling skills.


• In-depth knowledge of energy market structures, trading mechanisms, and regulatory frameworks.


• Proficiency with trading platforms, market data providers (e.g., Bloomberg, Refinitiv), and relevant analytical tools.


• Excellent decision-making skills under pressure and a high tolerance for risk.


• Strong negotiation and communication skills.


• Ability to work effectively in a fast-paced, high-pressure trading environment.


• Experience with risk management principles and hedging strategies is essential.

Benefits

Our client offers an extremely competitive salary, attractive bonus structure tied to performance, and a comprehensive benefits package including excellent health insurance and retirement plans. This hybrid role allows for flexible working arrangements, combining essential collaboration with remote work capabilities. Join a leading firm in the Energy sector and play a critical role in shaping market dynamics from our Upington, Northern Cape hub.