Energy Trader (Hybrid)

Placements24; George; Hybrid; ZAR 1,200,000 - 1,800,000; Full time

Benefits offered by this job

Competitive salary

Performance-based bonus

Medical aid and retirement fund

Job summary

Placements24 in George, Western Cape, is assisting a leading energy player to recruit an analytical and results-oriented Energy Trader for a hybrid role. You will manage and execute energy transactions, leveraging market insights and strategic decision-making to optimize profitability on the trading floor.

The role requires a minimum of 5 years in energy or commodity trading, deep knowledge of electricity, natural gas and carbon markets, and proficiency with trading software and data analysis

Qualifications

• Bachelor's degree in Finance, Economics, Mathematics, Engineering, or a related quantitative field.
• Minimum of 5 years of experience in energy trading or related financial market roles.
• Proven track record of successful trading execution and risk management in volatile markets.
• Deep understanding of energy markets including electricity, natural gas, and carbon emissions.
• Proficiency with trading software, financial modeling, and data analysis tools.

Responsibilities

• Execute physical and financial trades for electricity, natural gas, and other energy commodities in line with regulations and company policies.
• Monitor price trends, supply-demand dynamics, and economic indicators to identify trading opportunities.
• Develop and implement trading strategies to maximize profit and manage risk exposure.
• Manage trading positions within approved risk limits.
• Communicate with stakeholders, including internal departments, suppliers, and counterparties.
• Utilize trading platforms and analytics tools to track movements and execute trades efficiently.
• Prepare market reports, trade summaries, and performance analyses for management.
• Collaborate with risk teams to ensure adherence to risk management protocols.

Skills

Energy trading

Risk management

Quantitative analysis

Trading platforms

Negotiation

Education

Bachelor's degree (quantitative)

Tools

Trading software

Financial modeling

Data analysis tools

Job description

About the Role

Our client, a leading player in the South African energy market, is looking for a highly analytical and results-oriented Energy Trader to join their bustling trading floor in George, Western Cape. This hybrid role requires a motivated professional to manage and execute energy transactions, leveraging market insights and strategic decision-making to optimize profitability. You will be at the forefront of navigating volatile energy markets, identifying opportunities, and mitigating risks. The role demands a keen understanding of energy commodities, trading platforms, and regulatory frameworks. This is an exceptional opportunity for a skilled individual to contribute significantly to the financial success of our client while benefiting from a flexible hybrid work arrangement that balances office collaboration with remote flexibility. Join a team dedicated to shaping the future of energy trading.

Key Responsibilities

• Execute physical and financial trades for electricity, natural gas, and other energy commodities in compliance with market regulations and company policies.
• Monitor energy markets, analyze price trends, supply and demand dynamics, and economic indicators to identify trading opportunities.
• Develop and implement trading strategies to maximize profit and manage risk exposure.
• Manage trading positions and ensure they remain within approved risk limits.
• Communicate effectively with key stakeholders, including internal departments, energy suppliers, and counterparties.
• Utilize trading platforms and analytical tools to track market movements and execute trades efficiently.
• Prepare detailed market reports, trade summaries, and performance analyses for management.
• Collaborate with risk management teams to ensure adherence to risk management protocols and reporting requirements.
• Stay informed about changes in energy market regulations, policy, and technological advancements impacting the sector.
• Contribute to the ongoing development and refinement of trading strategies and operational processes.

Requirements

• Bachelor's degree in Finance, Economics, Mathematics, Engineering, or a related quantitative field.
• Minimum of 5 years of experience in energy trading, commodity trading, or a related financial market role.
• Proven track record of successful trading execution and risk management in volatile markets.
• Deep understanding of energy markets, including wholesale electricity, natural gas, and carbon emissions.
• Proficiency with trading software, financial modeling, and data analysis tools.
• Strong quantitative and analytical skills with the ability to interpret complex market data.
• Excellent negotiation and communication skills, with the ability to articulate trading strategies clearly.
• Ability to work effectively under pressure and make quick, informed decisions.
• Familiarity with South African energy market regulations and participants is a significant advantage.
• Must be able to commute to our George office for designated hybrid working days.

Benefits

• Attractive salary and performance-based bonus structure.
• Comprehensive medical aid and retirement fund contributions.
• Generous leave allowance and company-specific benefits.
• Opportunities for career advancement within a growing organization.
• Access to advanced trading technology and professional development programs.
• Hybrid work model offering a blend of office and remote flexibility.
• Be part of a highly reputable firm in the dynamic energy sector.