Energy Trader - Power Markets

Placements24; Durban; On-site; ZAR 900,000 - 1,500,000; Full time

Benefits offered by this job

Competitive salary

Medical insurance

Pension plan

Career growth

Trading tech tools

Professional development

Relocation assistance

Durban office

Job summary

Placements24 is seeking an experienced Energy Trader to join a leading energy commodity trading firm in Durban, KwaZulu-Natal. This role demands rigorous quantitative skills, deep knowledge of power markets, and the ability to perform under pressure on a fast-paced trading floor.

You will execute trades, manage risk, and develop strategies, while collaborating with risk, compliance, and senior management to optimize profits and ensure accurate trade capture and settlement.

Qualifications

• Bachelor's degree in Finance, Economics, Math, Engineering or related field.
• 5+ years in energy trading with focus on power markets.
• Proven track record in executing trading strategies.
• Strong understanding of SA power market structures and regulations.
• Proficient in financial modeling, data analysis and risk management.
• Strong quantitative and analytical abilities under pressure.
• Excellent communication and negotiation skills.
• Familiar with trading platforms and energy data providers.
• Reside in or relocate to Durban, KwaZulu-Natal.

Responsibilities

• Execute trades in physical and financial power markets, manage risk, optimize profitability.
• Develop and implement trading strategies from market analysis and fundamentals.
• Monitor market moves, news, and regulatory changes affecting prices in Durban.
• Analyze market data to identify opportunities and forecast trends.
• Manage and hedge positions to limit losses and maximize returns.
• Collaborate with risk management to ensure trading limits are met.
• Maintain relationships with brokers, counterparties, and participants.
• Provide market intelligence to senior management and departments.
• Ensure accurate trade capture, settlement and reconciliation.
• Stay informed on power generation, transmission and energy policy.

Skills

Energy trading

Power markets

Risk management

Financial modeling

Data analysis

Decision making

Communication

Negotiation

Education

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

Tools

Trading platforms

Energy data providers

Job description

About the Role

Our client, a leading energy commodity trading firm, is seeking an experienced and analytical Energy Trader to join their bustling trading floor in Durban, KwaZulu-Natal . This is a high-stakes, fast-paced role requiring a deep understanding of power market dynamics, risk management, and trading strategies. You will be responsible for executing trades, managing positions, and optimizing profit across various energy commodities, with a primary focus on the South African power market. The ideal candidate possesses a proven track record in energy trading, exceptional quantitative skills, and the ability to make decisive actions under pressure. This position offers a unique opportunity to work within a highly collaborative and performance-driven environment, contributing directly to the company's success in the competitive energy trading landscape. Your strategic insights and market acumen will be crucial in navigating price fluctuations and identifying profitable trading opportunities in the dynamic energy sector.

Key Responsibilities

• Execute trades in the physical and financial power markets, managing risk and optimizing profitable outcomes.
• Develop and implement trading strategies based on market analysis, economic indicators, and supply/demand fundamentals.
• Monitor market movements, news, and regulatory changes impacting energy prices in Durban and surrounding regions.
• Analyze market data to identify trading opportunities and forecast price trends.
• Manage and hedge trading positions to mitigate potential losses and maximize returns.
• Collaborate with the risk management team to ensure compliance with trading limits and policies.
• Maintain strong relationships with brokers, counterparties, and market participants.
• Provide market intelligence and insights to senior management and relevant departments.
• Ensure accurate trade capture, settlement, and reconciliation processes.
• Stay informed about the latest developments in power generation, transmission, and energy policy.

Requirements

• Bachelor's degree in Finance, Economics, Mathematics, Engineering, or a related quantitative field.
• Minimum of 5 years of experience in energy trading, with a strong focus on power markets.
• Demonstrated success in executing trading strategies and managing profitable trading books.
• Excellent understanding of power market structures, trading mechanisms, and regulatory frameworks in South Africa.
• Proficiency in financial modeling, data analysis, and risk management techniques.
• Strong quantitative and analytical skills, with the ability to process complex information rapidly.
• Exceptional decision-making capabilities and the ability to perform under pressure.
• Excellent communication and negotiation skills.
• Familiarity with trading platforms and energy market data providers is essential.
• Residing in or willing to relocate to Durban, KwaZulu-Natal .

Benefits

• Highly competitive base salary and significant performance-based bonuses.
• Comprehensive medical, dental, and vision insurance.
• Pension fund with generous employer contributions.
• Opportunities for career growth within a leading global energy trading firm.
• Access to advanced trading technology and market intelligence tools.
• Professional development programs and continuous learning opportunities.
• Prime office location in Durban with modern amenities.
• Regular team events and a dynamic, fast-paced work environment.
• Relocation assistance provided for successful candidates.