Energy Trader - Commodities

Placements24; Benoni; Hybrid; ZAR 1,000,000 - 1,800,000; Full time

Benefits offered by this job

Competitive salary

Bonus potential

Health insurance

Retirement plan

Paid time off

Learning opportunities

Global exposure

Job summary

Placements24 is seeking an experienced Energy Trader to join our trading desk in Benoni, Gauteng. You will trade electricity, natural gas, and related derivatives, analyze market trends, manage risk, and execute trades to optimize the portfolio.

This hybrid role requires regular in-office presence for critical market monitoring, with remote work possible during certain periods. A proven track record in commodity trading and strong analytical skills are essential.

Qualifications

• Bachelor's degree in a quantitative field (Finance, Economics, Math, Engineering) required or equivalent.
• Minimum 5 years in energy commodity trading with exposure to physical and financial markets.
• Proven track record in developing and implementing profitable trading strategies.

Responsibilities

• Execute trading strategies for electricity, natural gas, and other energy commodities.
• Analyze market data, news, and forecasts to identify profitable opportunities.
• Monitor and manage trading positions and risks, ensuring adherence to risk limits.
• Develop and implement short-term and long-term trading strategies to maximize portfolio value.
• Maintain strong relationships with brokers, counterparties, and market participants.
• Collaborate with risk management, quantitative analysis, and commercial teams.
• Prepare daily, weekly, and monthly trading reports for senior management.
• Stay updated on regulatory changes and market dynamics impacting energy markets.
• Utilize trading platforms and analytical tools to support decision-making.
• Contribute to development of new trading products and strategies.

Skills

Energy trading

Market analysis

Risk management

Trading strategies

Education

Bachelor's degree in Finance/Economics/Mathematics/Engineering

Tools

Trading platforms

Risk management systems

Data analysis tools

Job description

About the Role

Our client, a dynamic player in the energy market, is seeking an experienced Energy Trader to join their trading desk based in Benoni, Gauteng. This role is responsible for the profitable trading of energy commodities, including electricity, natural gas, and related derivatives. You will analyze market trends, identify trading opportunities, manage risk, and execute trades to optimize the company's portfolio. This hybrid role requires regular presence in the Benoni office for critical market monitoring and collaboration, with flexibility for remote work during certain periods. The successful candidate will possess a sharp analytical mind, a deep understanding of energy markets, and a proven track record in commodity trading. Be at the heart of the energy market, making key decisions that drive business success.

Key Responsibilities

• Execute trading strategies for electricity, natural gas, and other energy commodities in various markets.
• Analyze market data, news, and forecasts to identify profitable trading opportunities.
• Monitor and manage trading positions and associated risks, ensuring compliance with risk limits.
• Develop and implement short-term and long-term trading strategies to maximize portfolio value.
• Maintain strong relationships with brokers, counterparties, and market participants.
• Collaborate with risk management, quantitative analysis, and commercial teams.
• Prepare daily, weekly, and monthly trading reports for senior management.
• Stay abreast of regulatory changes, market dynamics, and geopolitical events impacting energy markets.
• Utilize trading platforms and analytical tools effectively to support decision-making.
• Contribute to the development of new trading products and strategies.

Requirements

• Bachelor's degree in Finance, Economics, Mathematics, Engineering, or a related quantitative field.
• Minimum of 5 years of experience in energy commodity trading, preferably with exposure to physical and financial markets.
• Demonstrated success in developing and implementing profitable trading strategies.
• Strong understanding of energy market fundamentals, pricing mechanisms, and derivatives.
• Excellent analytical, quantitative, and problem-solving skills.
• Proficiency in using trading platforms, risk management systems, and data analysis tools.
• Ability to make quick, decisive, and well-reasoned decisions under pressure.
• Exceptional communication and negotiation skills.
• High level of integrity and adherence to compliance standards.
• Flexibility to work extended hours during market volatility or critical periods.

Benefits

• Highly competitive salary and significant bonus potential based on trading performance.
• Comprehensive health, dental, and vision insurance.
• Retirement savings plan with generous company match.
• Generous paid time off.
• Opportunities for continuous learning and professional development in financial markets.
• Dynamic and fast-paced work environment.
• Exposure to global energy markets.