Energy Trader - Power Markets

Placements24; Vereeniging; On-site; ZAR 1,200,000 - 1,900,000; Full time

Benefits offered by this job

Competitive base salary

Performance bonus

Health insurance and retirement plan

Professional development opportunities

On-site in Vereeniging

Job summary

Placements24 is seeking an experienced Energy Trader focused on Power Markets to join our trading floor in Vereeniging, Gauteng. You will monitor market trends, analyze supply and demand dynamics, and execute trades to optimize profitability in the wholesale electricity market.

The role requires on-site engagement in Vereeniging with strong quantitative skills, risk awareness, and a track record in energy trading.

Qualifications

• Bachelor's degree in Finance, Economics, Engineering or related quantitative field.
• 3–5 years of experience in energy trading, specifically power markets.
• Strong understanding of electricity market structures, pricing, and trading principles.
• Proven ability to analyze market data and make timely trading decisions.

Responsibilities

• Execute trades for electricity and related derivatives in power markets to target profits.
• Monitor real-time data, news, and events affecting electricity prices.
• Analyze supply/demand fundamentals, weather, and regulatory changes impacting the market.
• Develop and implement trading strategies to capitalize on opportunities and manage risk.

Skills

Power markets

Energy trading

Financial markets

Excel

Trading platforms

Risk management

Communication

Education

Bachelor's degree in Finance, Economics, Engineering

Master's degree is a plus

Tools

Trading platforms

Excel

Job description

About the Role

Our client, a dynamic and forward-thinking energy company, is seeking an experienced Energy Trader specializing in **Power Markets** to join their trading floor in **Vereeniging, Gauteng**. This role is integral to optimizing our client's energy portfolio and maximizing profitability through strategic trading activities in the wholesale electricity market. You will be responsible for monitoring market trends, analyzing supply and demand dynamics, and executing trades to secure competitive energy prices. The ideal candidate possesses a sharp analytical mind, a strong understanding of financial markets, and a proven track record in energy trading. This is a critical on-site role, requiring direct engagement with market data and trading platforms in our **Vereeniging** office. You will play a key part in shaping the company's commercial strategy and financial performance.

Key Responsibilities

• Execute trades for electricity and related derivatives in various power markets to achieve profit targets.
• Monitor real-time market data, news, and events that may impact electricity prices.
• Analyze supply and demand fundamentals, weather patterns, and regulatory changes affecting the power market.
• Develop and implement trading strategies to capitalize on market opportunities and mitigate risks.
• Manage trading positions and ensure adherence to risk limits and company policies.
• Collaborate with the risk management team to assess and manage market exposure.
• Maintain strong relationships with market participants, brokers, and counterparties.
• Provide market insights and analysis to senior management and other internal stakeholders.
• Ensure accurate and timely trade settlements and reporting.
• Stay updated on the latest developments in the energy trading landscape and regulatory environment.

Requirements

• Bachelor's degree in Finance, Economics, Engineering, or a related quantitative field. A Master's degree is a plus.
• Minimum of 3-5 years of experience in energy trading, specifically within power markets.
• Demonstrated understanding of electricity market structures, pricing mechanisms, and trading principles.
• Proven ability to analyze complex market data and make timely trading decisions.
• Experience with risk management principles and practices in a trading environment.
• Strong quantitative and analytical skills, with proficiency in Excel and trading platforms.
• Excellent communication, negotiation, and interpersonal skills.
• Ability to perform under pressure in a fast-paced trading environment.
• Must be available to work on-site in **Vereeniging, Gauteng**.
• Knowledge of **South African** energy market regulations is highly advantageous.

Benefits

• Highly competitive base salary: R .
• Significant bonus potential tied to individual and company trading performance.
• Comprehensive health insurance and retirement planning benefits.
• Opportunity to work in a fast-paced, high-impact trading environment.
• Professional development and continuous learning opportunities in financial markets.
• Be part of a leading team in the **South African** energy sector.
• Convenient location in **Vereeniging**.